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case study 

navastar has very good experience of outsourcing
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  Credit Card Customer Acquisition

Client Background
 
Client Profile: Fortune 500 Financial Services Organization
Offshore centre's services: Customer Acquisition - Credit Card
Channels: Outbound voice
Client location: UK

A Fortune 500 company as well as the world's third-largest issuer of Visa and MasterCard credit cards. The company is the largest issuer of affinity cards, marketed through a range of organizations including travel companies, sports clubs and universities. The company has operations in North America and Europe.

Support Analysis
The company was challenged by the high cost of telemarketing in the UK and the fact that several of its competitors were already leveraging India to significantly reduce call-centre costs. The client went through a formal vendor selection process and identified Navastar's partner as their exclusive vendor in India supporting this application.

 
     
  The Offshore Centre solution

Initially an experienced migration team was sent to the client site in the UK to understand quality and operational processes. A dedicated team of 30 agents were recruited and trained. The training included pre-process - British accent, cultural familiarization, customer service skills followed by Client specific product and process training.

Representatives from the client side were onsite for product training and to oversee the launch. Subsequently there has been a continuous presence from the client at the offshore centre overseeing the day-to-day operations of the campaign.

The database utilized captured relevant customer information, tracked individual conversions, and facilitated effective conversion of prospects into cardholders by employing efficient marketing methods.

 
     
  Results

The offshore centre was able to meet and surpass the Sales Per Hour (SPH) target, maintaining all other program performance metrics (Quality, Average Handle time, Conversion Rate, etc.) within 7 weeks of program launch. The program will ramp to a hundred positions in 2003 for the UK market simultaneously commencing telemarketing activities for the US market.

 
     
  Client feedback  
 
"The program launch at the offshore centre has been one of the smoothest and most successful program launches that we have had either internally or with a 3rd party vendor!"
- Head-Telemarketing
 
 

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