Saturday, 15 November 2014

The Vodafone Experience

The telecom market in India is vividly outspreading. The services associated with a Telecom provider is now rated through its ability to provide maximum value to the customer through its services. Mere calls and short messenger services do not generate enough prowess to plough the seeds of proficiency in the minds of the customer.

With the dawn of 2014, it is easily comprehendible that calling service and short message service is a saturated market with minimal revenue margin and zilch skill to attract more customer and even retain the present market. Here walks into the picture, the internet service. 2G is not a new face in the market, and for that matter even 3G has established itself quite well and has been selling profoundly in the market.

In UPW, Vodafone had been restricted to 2G till May 2014 after which the re-launch of 3G was made. I started working as an intern for Vodafone South Ltd. in April 2014 and thus my project work deals with both 2G and 3G services.

In the first part of my project I was given a set of pre-collected data called the TEZ report. TEZ consisted of SMSs sent by authorized Vodafone retailers across the UPW circle, these SMSs contained 2G data speed, location from where the speed test was done, the time of testing and the handset used by the retailer test speed.

After gathering the data, it was pruned and categorized in an orderly fashion using statistical bar chart tools and MS excel. The data speed was put into different categories was analysis and further interpretation. The objective was to pick out the key areas where the 2G speed was unsatisfactory and to determine the factors influencing the slow speed.

Upon further analysis it was found that the data speed particularly varies with respect to area rather than any other factors namely handset model and time of the speed test. The location with the highest frequency of low speed was found out, followed by a market visit to that locality to find out the behaviour of the customer.

It became crucial at this point to understand the need of 3G in UPW and thus the second part of the project of undertaken. Vodafone 3G was launched in UPW earlier in 2013 but due to certain reasons it had to be withdrawn, this lead to the re-launch of the product again in May 2014 to be made more effective.

I was tasked with the understanding of the various MarCom elements such as banners, buntings, hoardings, signages, flanges etc. These elements needed to be installed and running effectively to reach out to each and every current and prospective customer. The set of tasks pertaining to each element was Artwork finalization, printing, dispatch and receiving, installation, going live in the market and proof from the agency.

Further these Marcom elements come under two categories: ATL [Above the Line] and BTL [Below the Line]. ATL deals with marketing elements which are outside the retailer’s shop and thus require more funding and maintenance, needless to mention that its effectiveness in attracting customer is more. BTL are in store elements that provide in depth details of the plans they would wish to purchase, rather than their magnanimity BTL elements possess the power to reach out to the willing customer already within the grasp of purchasing a Telecom Service.

To maintain a proper update of these elements, a Gantt chart was made to collectively and efficiently link the MarCom team with the 3G data team. Successful updates of each element was put into effect in the Gantt chart and information was conveyed to the Data and MarCom team with presentations.
By the end of May, after each element was deployed market visits were made to specific UPW markets [viz. Saharanpur, Meerut, Agra, Aligarh] to find out how and where the elements are installed, their effectiveness, retailer-manager communications and the lifetime of each established element.

Each market had different problems and different ways of handling those issues. The retailer-manager communication was different in different area as well. The type of customer targeted varied and thus the approach to lure them also varied. These key findings were reported and submitted to the marketing head of Vodafone UPW.

The key learnings from this project has certainly been:

1.      The understanding of the office environment of a global Telecom company such as Vodafone. The necessity of constant change and value addition to customer along with the fact that complacency leads to rapid revenue expulsion. The Telecom market is undergoing a rapid change from calling services to data, and thus it becomes necessary to be a strong contender against a myriad of rising Telecom service providers.

2.      The Telecom customer is unlike any other customer, very rarely would it stick to its loyalty to a brand and not move on to a better alternative. The Telecom customer is a smart customer only adhering to his/her needs, the customer may be swayed through advertisements and marketing propaganda but still in the end it’s the service that matters.

3.      There was a deep understanding made regarding marketing strategies during a new product launch, on ground and off ground activities to lure a customer.


4.      The behaviour of a customer and its reaction to a product launch, the competitive edge one gains over another competitor through a product launch in such a tightly fought market and the importance of marketing communications in a market like Telecom.

About Me

POST GRADUATE DIPLOMA
IN MANAGEMENT (PGDM)
Marketing
Vikrant V Singh

Date of Birth:  28th January, 1989









PROFESSIONAL EXPERIENCE

Manager – Lt. Th. Praveen Kumar Charitable Educational Society (NGO)

Event Managing & Organising

[June 2012 – May 2013]

[12 months]

Lt. Thakur Praveen Kumar Charitable Educational Society is registered at Varanasi. Its activities include providing education and cultural awareness in rural & urban areas of District Varanasi.

 

Key Responsibilities:
·         Organizing promotional campaigns.
·         Analysing & reviewing response / requirements and communicating the same to the people on Camps, Rallies, Events & Exhibitions etc.
·         Responsible for creating presentations and collaterals.
·         Coordinating presentation and materials support and pre & post event evaluations.
·         Participating in various social events to publicize the activities of the NGO.

EDUCATION


Qualification
College/ University
Year
CGPA/ %
till 5th term

PGDM -  Marketing
IMT Ghaziabad
2015


BE (Mechanical)
BIT Mesra
2012
66.10

XII
St. Johns School DLW Varanasi/ISC
2007
89.00

X
St. Johns School DLW Varanasi/ICSE
2005
87.60


OTHER PROFESSIONAL QUALIFICATIONS
·         Certified in Strategic Management and Leadership under enParadigm Knowledge Solutions.

SUMMER INTERNSHIP AT IMT

Vodafone South Ltd.

Marketing

21st April 2014 – 22nd June 2014

Analysing 2G services in UP West and Marketing Communications of Vodafone 3G Launch


Project Brief:
  • Understanding and analysing the 2G services of Vodafone and competitors in the UP West circle.
  • Facilitating the launch of 3G in UP West while understanding the effectiveness of various Marketing Communications Elements.
Objectives:
  • Analysing and screening the data available through retail managers across UP West regarding the 2G speed.
  • Detecting the sub zones of low and high speed and establish the need of 3G.
  • Assess potential areas of marketing communications and create marketing agenda of Vodafone 3G.
  • Sub zone wise categorize the elements of marketing communications and maintain an orderly status of installation.
  • Check the effectiveness of ATL and BTL advertisements of Vodafone 3G.
Deliverables:
  • Identification of below par Vodafone 2G speed in certain sub zones of UP West.
  • Market surveys revealed a necessity of Vodafone 3G to retain competitive edge.
  • Some elements of marketing communications found to be more effective than others, competitors still hold a strong grip in UP-West.




PROJECTS UNDERTAKEN

1.       Short Term Project – Humdinger Labs, Bangalore
·         Impact of E-word of mouth on social networking websites. Identified the actual influencing power of the e-word of mouth in the consumer decision making.
2.       Academic Project on Strategic Brand Management – To analyse consumer preference in smartphones using conjoint analysis
·         Completed a market research to understand the specifications of smartphones desired by customers, understood preference of Nokia over competitors’ brand and Nokia’s Brand Resonance.


AREAS OF INTEREST
ELECTIVES AT IMT
Business Analytics
Market Research
Project Management
NPD
Consumer Behaviour
Strategic Brand Management
Project Management
B2B Marketing
Strategic Management
Operations Management
Quality Management and Six Sigma
Sales Management


ACHIEVEMENTS & AWARDS
·         Was awarded with cash prize for acquiring a perfect score in Mathematics in 10+2 ISC.
·         Achieved a National Rank of 74 in TSI Maths Olympiad 2002.
·         Was awarded a Silver Medal in NTSE 2002.
·         Stood 4th in State Level Mathematics Olympiad.
·         Came 2nd in IIT Kharakpur’s Springfest 2011 Music Competition as a guitarist.
·         Winner of the IMT Incubation Week 2014 for presenting the best business model.
EXTRA CURRICULAR ACTIVITIES
·         Written a full length novel entitled ‘Partners in Crime’ which is currently undergoing publishing norms.
·         Started a blog (‘That Kaleidoscope Guy’), which has attracted 30,000 visitors within a span of 24 months.
·         Performed as a guitarist in various events in BIT Mesra.
·         Was a member of the Music Club in BIT Mesra and was responsible for organizing, conducting and facilitating music events.
·         A member of the Media & PR Committee at IMT Dubai.
·         A member of the Innovation and Entrepreneurship Cell at IMT Dubai.
ADDITIONAL INFORMATION
·         Completed project titled “Study of integral parts of a Diesel Locomotive used in Eastern Railways” at Diesel Locomotive Works, Varanasi during under-graduation (May ’10 to June ’10).
·         Languages known: Hindi, English.
·         Interests: Blogging, Reading and Writing, Listening and Making Music, Watching Movies and Football.