Singapore, May 25-26
Xtract speaks at IQPC’s 10th annual churn conference, about “Retaining customers and turning them profitable with Social Intelligence”. For more information contact us at info@xtract.com.
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Archive for October, 2009
Minimising Churn and Building Customer Profitability
Engaging Customer 2.0 – Xtract to speak at IIR’s Customer Segmentation & Intelligence in London, 23 – 25 November 2009
This year’s Customer Segmentation and Intelligence conference will focus on the development of actionable strategies for mobile operators’ main challenges – drive ARPU and minimise churn. As the recession bites and customers radically change their behaviour, how can you use your segmentation tools and strategies to establish what they really want and develop valuable propositions that meet their needs? The conference will cover what data, tools and models operators should use to develop meaningful segmentation strategies at both the macro and micro levels.
Xtract’s VP of Product Management & Marketing, Sari Aapola will speak in the morning of Day Two of the Conference. These are some of the points her presentation will cover:
Engaging Consumer 2.0 – Understanding And Exploiting Social Intelligence In Operator Segmentation And Marketing
• Consumer 2.0 is in the driving seat – understanding how a paradigm shift in consumer behaviour is changing the rules of marketing
• Defining Social Intelligence and determining how it can be used to tackle the most burning business challenges of churn and product up- / cross-selling
• Identifying the deliverables of Social Intelligence today and establishing how it can be integrated into the operator’s marketing processes and systems
• Where is Social Intelligence going next?
Co-founder
40% to 90% of new users of a mobile app come from friend referals
CTIA was in San Diego in this week. Mobile apps start to be a serious business. There are 85,000 iPhone apps, and 12,500 Android apps. The number of Android apps is growing so rapidly that we can ask, how soon there are more Android apps than iPhone apps.
Ilja Laurs, GetJ
ar’s CEO, spoke in the same conference with me. It is always great to hear Ilja’s comments about the apps business. GetJar is really an interesting success story. It is world’s largest open apps store. They have had more than 500 Million app downloads. Ilja had many excellent points about openness. Most of apps stores are not yet open, if we think how they support different devices, and how the content is restricted. From Social Intelligence point of view it was really interesting to hear that in GetJar 40% to 90% of new users of an app come from friends referals. One more example of the power of social networks.
Another interesting topic was operator’s role in apps business. Operators have many assets like billing, network service (e.g. messaging and location) API’s, and customer information. The last one can be used for insight, targeting, and personalization that is coming crucial in apps business. There are so many apps that it is hard for users to find relevant apps and this makes it also difficult to make niche apps. How to get right people to find them. Operators could make this in their apps stores, and they could also be an enabler for 3rd party apps stores. But as many participants commented in CTIA, operators have been very slow to utilize these assets. Now it would be really time to do it, if operators want to have a role in this business.
