Published in Energy/Utilities

TELUS Realizes Direct Cost Savings and Churn Reduction

TELUS is Canada’s largest healthcare and IT provider. They are also the fastest growing national telecom. However, in 2016, TELUS’ CX program was fragmented. They set to work and less than 18 months later, they turned their CX program around and saved $1 million year-over-year which resulted in a 100 percent volume increase in feedback and 45 percent SMS response rate across 3,000 VoC users. By focusing their efforts on reaching more customers with proactive recovery, they have seen a $5 million-dollar opportunity in churn reduction.Their concentration on the user experience and a comprehensive customer follow-up strategy benefited their bottom line. In a recent webinar, Stavros Davidovic, CX Manager at TELUS, shared the details of their program and the numbers behind their CX efforts.

You Need the Right Team

In order to achieve the type of growth experienced by TELUS, having the right team is critical. This needs to be a dedicated internal CX team. Team members need to be empowered to remove barriers, improve timelines, and develop themselves and others as subject matter experts.

Furthermore, as a part of the internal CX team, there needs to be a passionate executive sponsor that challenges the CX team daily. Those that support the CX team in the organization also need to have fair access to resources. Cross-functional alignment is key. Having the right team is not enough, if a customer centric mindset is not ingrained in the organization.

Establish a Customer-Centric Identity

Having a customer-centric identity at an organization means that customer experience is considered at every interaction. At TELUS, the goal is to not only collect feedback and act on feedback, but to do it at every step of the customer journey. This allows for an always up to date pulse on how the customers are feeling, which enables to TELUS to act accordingly. Part of having a customer-centric identity is having a hub for all things feedback related. This allowed for TELUS to be more transparent internally, as well as provide a place for reference material and support. One important part of keeping a customer-centric mindset is to ask the right questions.

Ask the Right Questions

Customers may not give out the detailed feedback you are looking to find. That is why it is critical to ask the right questions. Not just asking the right questions but asking them at the proper key points in order to maximize the impact of feedback. By asking the right questions at key points, you’ll be able to keep your brand consistent, invitations timely and personalized, emphasize the value of feedback to the customer, and properly act on the feedback.

“Customers aren’t interacting with you because they want to, but because they have to. You have to be mindful of that.”

From Fragmented to First-Class

In just 18 short months, TELUS saw a $1 million dollar increase in annual savings, 100 percent increase in volume of feedback, an increased SMS response rate, and a churn reduction of $5 million by reaching 15% more customers. These results were due to establishing the right team that was cross-functional with an executive sponsor, establishing a customer-centric identify that put the customer first in every situation, and asking the right questions at the right point in the customer journey. These things allowed TELUS to slingshot their fragmented CX program to being world-class. For more information and If you’d like to watch the full webinar, you can do so here.