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Using Analytics to predict Customer’s Behavior Vlassis Papapanagis Operations Director – PREDICTA Group

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Page 1: Using Analytics to predict ustomer’s ehaviorbusiness-review.eu/wp-content/uploads/2015/03/Predicta-Presentation-17-NOV.pdf · TELCO Customer Success in PREDITA’s Territory •OTE

Using Analytics to predict

Customer’s Behavior

Vlassis Papapanagis Operations Director – PREDICTA Group

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The emergence of big data

Creating the need for organizations to understand and anticipate customer behavior and needs based on customer insights acrossall channels

Creating new opportunitiesto capture meaningful information from newvarieties of data and content coming at organizations in huge volumes and at accelerated velocity

Creating the need for all parts of the organization to optimize all of their processes to create new opportunities, to mitigate risk, and to increase efficiency

1 2 3The shift of power tothe consumer

Accelerating pressure to do more with less

Today’s organizations are facing many DISRUPTIVEFORCES fueling the need for analytics

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IBM SPSS Predictive Analytics

Discover patterns and associations anddeploy predictive models that optimizedecision-making

Optimized decisions made possible

• Enable data and predictive modeling to guide front-line interaction

• Uncover unexpected patterns and associations from all data within your organization

• Perform advanced analytics, data mining, textmining, social media analytics and statistical analysis

• Use customized functionality for different skilllevels

• Deliver optimized decisions to your operational systems and decision makers.

Customer Analytics

Acquire Grow Retain

Threat & Fraud Analytics

MonitorDetect Control

Operational Analytics

Plan Manage Maximize

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Operations

Finance

• Advanced client segmentation• Leveraging customer sentiment analysis• Reducing customer churn

• Enabling rolling plan, forecasting and budgeting• Automating the financial close process• Delivering real-time dashboards

• Making risk-aware decisions• Managing financial and operational risks• Reducing the cost of compliance

• Optimizing the supply chain• Deploying predictive maintenance capabilities• Transform thread & fraud identification

processes

Risk

4

23

Examples:

… and focusing on high-value initiatives in core BUSINESSAREAS

1 Customers

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Behavioral data• Orders• Transactions• Payment history• Usage history

Descriptive data• Attributes• Characteristics• Self-declared info• (Geo)demographics

Attitudinal data• Opinions• Preferences• Needs & Desires• Market Research• Social Media

Interaction data• E-Mail / chat transcripts• Call center notes• Web Click-streams• In person dialogues

“Traditional” – CRM Mentality

High-value, dynamic - source of competitive differentiation

Data at the heart of customer analytics

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PREDICTA help you understand your customers during theirlifecycle within your organization

Marketer Customer

Collectdata that augments each

customer profile

Analyzedata to find actionable insights

Decideon the best interaction for each

customer

Delivermessages, content and offers

and capture reactions

Managebudgets and processes

and measure results

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Customer Analytics based on Customer life cycle

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Types of Customer Segmentation

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Cross-Selling case study in mobile operator based on Propensity Modeling

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Churn Reduction case study in mobile operator basedon Propensity Modeling

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Social Network Analysis

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CUSTOMER CASE STUDIES

Intensifying CompetitionSoaring Customer Expectations

Channel Proliferation and Complexity

Consumerization of IT

Social Networking

Mobile Commerce Shrinking Wallet Share

Increasing Transparency

Globalization

Decreasing Loyalty

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TELCO Customer Success in PREDICTA’s Territory•OTE – COSMOTE (GR)

–Segmentation Analysis, Churn & Cross Selling Models forResidential and corporate customers. Process Automation &Deployment for residential and corporate customers. ChurnSignals for Pre-paid Customers

•Vodafone (GR)–Segmentation Analysis, Churn & Cross/Up Selling Models.

•Makedonski Telekom AD (Skopje)–Segmentation Analysis, Customer Analysis, Tariff Simulationand Cross Sell Models.

•Mobiltel (BG)–Segmentation, Customer Retention and full monthly processAutomation and Deployment.

• Telekom Romania, Telekom Albania- Segmentation Analysis, Churn Models for Residential Post Paid,Cross Sell Models, Pre paid Churn Analysis

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Implementation of Social Networking Analysis (SNA) projects withthe use of IBM SPSS Modeler Premium software for:

Telenor – BulgariaVodafone – AlbaniaMobiltel – Bulgaria

The SNA application finds the relationships into fields thatcharacterize the social behavior of individuals and groups.IBM SPSS Modeler Social Network Analysis identifies social leaderswho influence the behavior of others in the network.

In addition, you can determine which people are most affected byother network participants.

By combining these results with other KPI measures you can createcomprehensive profiles of individuals on which to base yourpredictive models. Models that include this social information willperform better than models that do not.

TELCO Customer Success in PREDICTA’s Territory

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PREDICTA - Who We Are

We are a company, specialized in applying predictive analytics to enterprises in any area such as the sales, marketing, operations, CRM andstrategy.

Our people combine technical as well as business experience in numerousindustries aiming to bridge the gap between technology and its applications in business & strategy.

We provide a comprehensive and complementary range of services acrossCRM, Customer Intelligence, Market Research and Training.

Our vision is to implement successful projects that return high ROI to anycompany looking to shift their customer’s experience to the next level.

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PREDICTA - What We Do

CRM– Gap Analysis for CRM– IT Infrastructure for CRM– Campaign Management– Event/Trigger based Marketing– Customer Centricity Strategy

Customer Intelligence– Customer Profiling– Customer Segmentation– Customer Behavior Prediction– Life Cycle Management & NBA– Social Network Analysis

Market Research– Multi-attribute Segmentation– Share of Wallet Analysis– SWOT Analysis– Customer Satisfaction & Loyalty– Drivers Importance Analysis

Training– Building Effective CRM– Segmentation Management– Campaign Management– Data Mining Techniques– Next Best Activity & LCM

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Thank You !

For more information visit our websitewww.predicta.ro

Vlassis [email protected]

Mob: +30 6978332360