Telecommunications and Energy
Customer journey mapping in the telecommunications and energy sector involves understanding the interactions and experiences of customers as they engage with energy services, products, and providers.
What telecommunications and energy companies have in common is that their core business is usually offered in the form of tariffs - a statement of a provider's rates, services, and terms and conditions. If a customer is dissatisfied, it is easy for them to switch contracts and take advantage of the services offered by a competitor that offers better service or rates, especially by using tariff comparison portals or taking advantage of incentives, such as new customer campaigns.
Companies therefore try to increase customer loyalty by offering services in addition to their core tariff business. For example, most telecommunications companies offer the necessary hardware (laptops, smartphones, IoT devices, etc.) in a bundle with their tariffs, as do energy companies (e.g. wall boxes, solar systems, etc.).
It is important for telecommunications and energy companies to correctly assess customer behavior, especially at the end of the initial contract term, to identify dissatisfied customers and proactively make an offer (a discount or extra service) to prevent the customer from cancelling their contract or switching. Typical questions telecommunications and energy companies ask in this situation include:
- Is the customer looking for other tariffs?
- Is the customer satisfied and not even thinking about the expiring contract and the anchored price increase?
- Did any anomalies occur during the contract term, such as bill shocks, causing a bad experience for the customer?
Here are some examples of how customer journey mapping can be used in both the telecommunications and energy sectors.
Onboarding and Activation
Companies can map the customer journey from the moment a customer signs up for a new service to the activation of their account. This journey might include steps such as selecting a plan, ordering equipment, scheduling installation, and activating service. By mapping this journey, companies can identify pain points or delays in the onboarding process and streamline the experience to reduce churn and improve customer satisfaction.
Customer Support Interactions
Customer journey mapping can help companies understand the various touchpoints where customers interact with customer support, such as contacting a call center, using online chat support, or visiting a retail store. By mapping these interactions, companies can identify opportunities to improve responsiveness, reduce wait times, and enhance the quality of support provided, ultimately leading to higher customer satisfaction and loyalty.
Billing and Payment
Mapping the customer journey related to billing and payment processes can help companies identify pain points and opportunities to streamline these processes. This might include steps such as receiving bills, making payments, setting up automatic payments, and managing account balances. By understanding the customer journey, companies can optimize billing and payment systems to reduce errors, simplify billing statements, and offer convenient payment options to customers.
Service Upgrades and Changes
Telecommunications companies can map the journey of customers who request service upgrades or changes, such as upgrading to a higher-speed internet plan or adding additional phone lines to their account. By understanding the steps involved in these processes, companies can make it easier for customers to make changes to their services, provide relevant recommendations, and ensure a smooth transition without disruption to their service.
Retention and Loyalty Programs
Customer journey mapping can help companies understand the journey of customers who are at risk of churn or who may be eligible for loyalty programs or promotions. By identifying key touchpoints in the retention journey, companies can implement targeted retention strategies, such as offering discounts, rewards, or personalized offers to incentivize customers to stay with the company.
Residential Energy Consumption
Energy companies can map the journey of residential customers from energy usage monitoring to bill payment. By visualizing the customer journey, companies can identify opportunities to promote energy efficiency, encourage behavior change, and provide personalized recommendations for reducing energy consumption. For example, by analyzing the journey of customers who participate in energy efficiency programs, companies can tailor outreach efforts to address specific energy-saving opportunities in households.