If you understand DTR https://bit.ly/DTR-Par1 and its individual scenarios through customer Touchpoints https://bit.ly/DTR-Prt2, then the next level is to understand the impact of high and low DTR on the operator’s business, any operator.
Assuming DTR 1 is the lowest level of readiness (no digital service awareness, no unification of data repositories, no ubiquitous experience through touchpoints, no user’s mobile device lifecycle information, etc.) and DTR 5 is the ultimate readiness level for the digital service world, then the practical implications to being between these two extremes are expressed in the financial parameters of Revenue, ARPU, EBITA, NPS, and Churn. REN (Revenues, EBITA & NPS) represents the core of this KPI.
DTR 1 means unequivocally that the operator is literally leaving Billions of dollars on the table. Period.
He is not maximizing his revenues, he is not optimizing his EBITA profitability and he is losing customers due to low NPS (low satisfaction).
At DTR 5 it is the exact opposite. He is taking back control over any monetization opportunity across all customer Touchpoints and interaction events https://bit.ly/DTR-Prt2 and customers are intimately retained through high satisfaction and low churn.
Operators’ CFOs and CIOs must convene on a daily basis to ask themselves what is their DTR level. Having a clear view of current DTR status can help plot a path towards higher DTRs with a clear positive impact on the operator’s REN.
This piece is the third part of a series of articles on Digital Transformation Readiness, and how can it be used to plan and execute for success.
Stay tuned for more, follow us on our LinkedIn page: https://www.linkedin.com/company/mce-systems
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About MCE Systems:
MCE Systems is the pioneer in mobile device lifecycle management, having created more than $2.5B of shareholder value for operators and their partners since 2005. MCE’s industry-leading solutions simplify operations, increase revenues, and decrease inefficiencies. Specific solutions range from device diagnostics and care to trade-in management with a price guarantee to handling device returns. All are omnichannel-ready with world-class virtualization and provide fully integrated data management to anticipate customer needs around device-related customers issues (e.g., device health, upgrade timing). Over its more than 15 years of experience, MCE Systems has become the trusted solution to Tier-1 operators and their partners. For more information, please visit:www.mce.systems.