Telecommunications
Because of unprecedented competition coupled with
the the FCC’s mandate requiring “number portability,”
telecommunications companies must develop innovative strategies
for growing their customer base in today’s marketplace.
Expansion of available services, growing popularity
of high speed data communications, lower rates for long distance
calls, explosive growth of worldwide toll-free services, network
upgrades, and increased offerings of advanced services – all
have combined to create a marketplace that is among the most competitive
in the world.
Prior to 1996, changing one’s service provider
often meant changing one’s telephone number. Subscribers may
now change providers as often as they want, and for the most part,
be assured that their telephone number will remain unchanged. This
makes customer retention all the more difficult.
Lower costs, incentives, and strategic advertising
all help telcom providers to reduce ‘churn’ and remain
competitive. Industry analysts have found, however, that the single
most influential factor in customer retention is excellence in customer
service.
SRA Research Group will determine what drives customer
satisfaction. We’ll tell you how consumers rate one company
over another, and provide the criteria they use for selecting a
service provider. We’ll deliver practical, strategic information
about your customers, along with the tools for keeping them satisfied.
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