Building banking loyalty using mobile service rewards (Barclays)
The Challenge
Global retail bank, Barclays, wanted to use mobile service innovation to create customer loyalty
Our Solution
- Developed a comprehensive mobility strategy with a points based loyalty scheme at the core.
- Profiled the bank’s customer base, identifying churn factors, Benchmarked global best practice reward schemes and MVNO services
- Modelled scenarios to identify tariffs best suited to subscriber base
- Built a five-year business case
- Developed mobile proposition roadmap and architected a payments ecosystem
The Impact
Raised profile of mobility to board
The rewards programme was enhanced and MVNO on the roadmap
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