Case Study Telco Click to Chat “ Through our partnership with Etech Global Services, we have reduced our chat costs and increased conversions and order value. This program has brought in 60% incremental revenue and is a clear winner. “ V.P., Ecommerce Quality Assurance Expertise Increases Sales and Conversion of Leading Global Telecommunications Company Leading Fortune 500 Telecommunications Provider A leader in the mobile phone industry, this major company has over 93 million customers worldwide and over 2,000 retail locations. They own and operate one of the largest 4G LTE networks in the United States and offer data and voice services to more than 200 countries around the globe. The telecommunications giant offers information, entertainment and communications through the most advanced fiber-optic network in the nation. The Chat Sales Problem Sales are essential to any company’s profits and well-being. In today’s Internet-oriented world, most transactions occur online, making it vital for companies to provide the same level of customer service and proactive engagement online as they would in person. Click-to-Chat programs have greatly aided in online purchases, but stringent and constant agent training and improvement are a also must to continually raise sales and conversion rates. This leading telco service provider desired to increase their sales and overall conversion in order to meet and increase their overall revenue. At the beginning of the study, the company’s conversion rate stood at 13%, while the industry standard is 14% sales conversion. In order to efficiently meet their sales and conversion goals, the service provider needed to pair with a company that could quickly and successfully identify weak program areas and create a plan for continued progress. The Etech Global Services Solution The answer to the low conversion problem was based upon Etech’s proven past experience with telco chat sales. With the help of their Quality Assurance services, Etech Global Services designed an improvement process with the Six Sigma approach to improve sales conversion and sustain those results. Etech’s development process approach was as follows: Following the steps outlined in the above plan, the QA team at Etech designed a quality audit form that was customized to ensure all possible reasons impacting overall sales conversion were captured. The QA team audited a statistically valid sample of sales interactions to identify Etech GLOBAL SERVICES quality inbound, outbound and web chat solutions gaps in the sales process and approach of the chat agents. Parallel root cause analysis was performed to gain deeper insights on any external factors that could be affecting the agent’s morale, which in turn can affect sales conversion. With the aid of data captured through audits and analytical tools like a Pareto chart, fishbone analysis and process deviation charts, the Etech team was able to identify the root causes for the service provider’s low conversion. According to the analysis of the Pareto chart, Etech Global Services’ audit forms were well aligned with the service provider’s expectations, and they captured relevant opportunities to improve and drive the sales conversion. In agreement with the front line sales managers, Etech developed Case Study Telco Click to Chat an action plan to improve conversion rates. As a third party unbiased QA team, Etech Global Services played the role of a consultant to help implement the action plan to W H O I S E t ech G l o b a l S e r v ices ? drive sales conversion. 1400 100% Analysis:Pareto chart (80/20 chart) 1241 90% 1200 80% 1000 70% 945 800 712 600 60% 50% 645 40% 511 400 400 30% 317 20% 211 200 10% 0 0% Not Probing Effectively Identity and Overcome Objections Rapport Building Product Knowledge Further Assistance Active Listening Offered Per Customer Needs UpDown Sell Etech identified Not Probing Effectively, Overcoming Objections, Rapport Building, Product Knowledge and Further Assistance as the top reasons for low conversion rates. Overall Sales improvement by 33% from Jan thru April 19.00% 18.00% 17.87% 17.88% 17.00% 16.12% 16.00% 15.64% 15.00% 15.89% 15.55% 14.68% 14.49% 14.00% 15.29% 15.57% 14.57% 13.82% 13.00% Etech Global Services is a leading provider of intelligent sales and service solutions utilizing inbound and outbound voice and web chat. We understand the importance of customer relationships. That’s why all of our solution strategies are driven by the ‘voice of the customer’. Our stringent QA process ensures an ever-improving customer experience. We also gather critical business intelligence data from each customer interaction. And we do everything with the highest integrity and quality possible. These differences allow us to provide industry-leading service, stellar CSAT scores, and high performing sales and service solutions that enable our clients to increase revenue and delight their customers. 12.00% May June July Aug Sep Oct Nov Dec Jan Feb Mar Apr With Etech’s help, the company was able to increase sales conversions from 13% to 18% for More Information in one year. call us at Results With the help of Quality Assurance and the process improvement approach, DMAIC(Define, Measure, Analyze, Improve & Control), Etech Global Services was able to improve Click-to-Chat sales conversion and consistently sustain results 2% above the 936-371-2640 visit our website www.etechgs.com email us at info@etechgs.com industry standard. The Fortune 500 Telco provider was impressed with the efficiency and effectiveness of Etech’s plan. They have currently transitioned chat sales business to Etech Global Services. The service provider is also planning to expand Etech’s scope of work to include other sales and service channels for their company. Etech GLOBAL SERVICES quality inbound, outbound and web chat solutions Copyright © 2012 Etech Global Services. All rights reserved.