For a mature business sector like the Cable/MSO industry, selling more to each customer is vital to sustained profitability. Hitting targets for sales revenue and upsells requires a deeper understanding of every buyer and the ability to tailor individual offers.
The Challenge
This client, a Fortune 100 Cable/MSO company supported by ResultsCX for more than 15 years, sought to increase revenue per customer. Achieving this goal required meeting three imperatives:
• Sales needed to be more personalized and consultative
• Product offerings had to align better with customer needs
• Upsells had to increase
The Solution
Operations leaders developed a specialized sales group focused on a highly personalized customer approach, incorporating:
• A new agent hiring profile matching top performers
• White glove service training for consultative sales
• Client incentives reinforced rewards for agent conversion success
• A call guide and dispositioning system integrated with client telephony to reinforce best practices
• Outbound callbacks to influence wavering customers
The Results
The initiative resulted in sales success and improved performance in revenue KPIs across the board:
• 37% increase in average equipment revenue per sale
• 72% of sales involved the highest-value product package
• 267% increase in average units per sale
• 220% increase in annual total equipment sales