T24

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Constraints Involved in Churning Out a Customer’s Primary Connection to a New Connection BY: CH.Naveen Kumar 1225209106 MBA(RM) GITAM INSTITUTE OF MANGEMENT

Transcript of T24

Page 1: T24

Constraints Involved in Churning Out a Customer’s

Primary Connection to a New Connection

BY:CH.Naveen Kumar1225209106MBA(RM)

GITAM INSTITUTE OF MANGEMENT

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INTRODUCTION

Retail & telecom industry are the sunrise industries in INDIA & the combination of these two industries brings us the new product i.e. T24 mobile

T24 Mobile is GSM Mobile Service launched by Future Group jointly with Tata Teleservices.

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RETAIL INDUSTRY

2nd largest telecom market after china.

Total subscriber base: 617.53 million & expecting 1.15 billion by 2013

Bharti Airtel is the leader with 24% market share.

Tata teleservices is 6th in India market with 10%market share.

Contributes 35% to Indian GDP.

5th most attractive emerging retail market, only 9% sector is organized

MNC’s in INDIA, wall mart Carrefour, Tesco etc.

Pantaloon Retail is INDIA’s leading retailer with various formats: Big Bazaar, Food Bazaar, Pantaloons, Central, Fashion Station, Brand Factory, E-Zone etc.

TELECOMM INDUSTRY

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T24

Talk more, Shop more &

Shop more, Talk more

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Need Scope

Complete Understanding of customer base. (choice & preferences)

Better understanding of constrains involved in switching over to new connection

Understanding Customers satisfactory levels on various aspects. (network offers/schemes, customer service)

Effective Launch of T24.

Use full in reducing constrains.

Identifying target customers.

Help in building future plans & strategies.

&of the Study

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Objective of the Study

SWOT analysis of T24

Pre Launch Study

Post Launch Study

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SWOT ANALYSIS

StrengthsWeaknessesOpportunitiesThreats

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SWOT ANALYSIS

StrengthsWeaknessesOpportunitiesThreats

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SWOT ANALYSIS

StrengthsWeaknesses OpportunitiesThreats

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SWOT ANALYSIS

StrengthsWeaknessesOpportunitiesThreats

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Pre Launch Study

One sim holders

In favor of T24 Not In favor T24

More Pre Paid users

Customer Preference

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Switch to better alternative

More GSM users

Time period of Usage of network connection

Pre Launch StudyIn favor of T24 Not In favor T24

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Major Constrains

Documentation

Communicating New no.

Network Coverage

Copying Contacts from old sim

Customer Service

Number series

Brand loyalty

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Post Launch Study

“SHOP MORE TALK MORE AND TALK MORE SHOP

MORE” concept.

Is T24 providing better offers !

REMARK: Very less talk time is given on heavy shopping

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Suggestions

T24 Customers can be updated with latest offers, discount sales etc via SMS or phone calls.(optional facility)

Should provide stationary while taking up T24 connection.

+ Instant Photographs for documentation. + Card readers to copy contacts from old to new sim. + Xerox machines.

Future Group Should look out for expansion in rural areas

More talk time can be provided on slow moving merchandise

Signal strength & service should be of good quality as it is most preferred by the customers.

Hire more personnel & experience staff from telecom industry.

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Conclusion

T24 is a unique marketing alliance between a retailer & telecom operator, which offers direct access to millions of future group customers through its wide spread retail presence across India. The concept of “Shop More Talk more & Talk more Shop more” will redefine the telecom experience in the country and will take Indian retail industry to the next level.

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Bibliography

Marketing Management by- Phillip Kotler

consumer behavior (9th edition) Leon Schiffman

Consumer Behavior by- basil G. Englis

www.wikipedia.com

http://consumer-behaviour.blogspot.com

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