Thursday, April 30 2009

Unexpected Industry Recognition...Red Herring 100 Finalist

MOBIVOX was informed today of its status as a finalist of the "Red Herring 100 North America" award, a prestigious list honoring the year’s most promising private technology ventures in North America. The Red Herring editorial team selected the most innovative companies from a pool of 1, 200. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. 

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

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Thursday, April 23 2009

Google Voice Fear Factor: Death Star or Opportunity?

How about that Google Voice announcement?  Still reverberating throughout the industry.

Many people, from investors, to customers, to partners, to carriers have asked me what this all means for the VOIP space and for carriers.  Well, it means new competition.  But, it also means opportunity and it has been spectacular to see Google champion voice user interfaces (VUIs), voice recognition, VOIP calling and messaging and other Value Added Services.  That’s advertising and PR the rest of the industry doesn’t have to spend as others have also pointed out.

The basic problem though is that it is yet another ill conceived “free” offering in the consumer VOIP space.  It is great that an internet behemoth has a dominant franchise from which it derives profitable revenue.  But, free?  Almost exclusively free business models should be dead.  Someone always has to pay the piper, and moreover, the end user typically does get what he pays for. 

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Monday, March 2 2009

CRM 2.0....Continued

Well, it has not been because the Mobivox team lacks for creativity that this space has been quiet since late last year. We've been busy.

We've gotten two of latest partners to market, extended the functionality of |PL and dealt with the holiday season downtime.

Last time I wrote here, it was about CRM. We have been busy here as well, adding real-time dynamic CRM extensions to the Mobivox|PL platform. Next week at eComm 2009 in San Francisco and at Voice Search 2009 in San Diego, I'll be unveiling our partner offers and talking more about this important area. The foundations and concepts were laid out in the previous post and, now, the capabilities are ready for prime time.

I did counsel readers of this blog to stay tuned for how CRM can be used for customer conversion. The URL below will give you an idea of the art of the possible:

Play CRM over Voice Demo

As you can hear, with a services platform voice user interface that intelligently engages its users in dynamic, real-time voice interactions, the need for extensive outbound calling infrastructures and email, paper-based or otherwise "old world" campaigns is greatly reduced. For marketing purists, they could even be totally eliminated.

Our view, and experience in our direct to consumer "living lab", is that this kind of capability not only drives strong partner ROI, but also enhanced revenue growth through ARPU increases and new customer acquisition in innovative and cost effective ways. Not to mention the loyalty impact of reduced churn.

Many more CRM applications innovations are likely to come from our growing portfolio platform partners. Our goal is to give them the complete toolset to acquire users, develop market leading offers, and manage their customer relationships right, right from the beginning.

Get your copy of the CRM over Voice white paper.

Thursday, November 20 2008

Telecom CRM 2.0

Customer relationship management (CRM) in telecoms is interesting, to say the least. As a consumer of these services, I get a bill, an SMS or email if I haven't paid the bill on time. … Maybe a bill insert or a "personalized" billing message to buy something else. … And the pleasure of surfing a labyrinthine service-provider website to try to find answers to service questions. And if I have a problem, I have to call customer care. Another adventure.

In another career life, I did some work with a wireless carrier to reduce churn. Churn had ballooned to 3.5% per month – 50%+ of the customer base would leave within a year! – and customer satisfaction was rapidly deteriorating after the launch of a new service. Eventually, the issues were solved through, among many integrated initiatives, a comprehensive customer-lifecycle-management program involving outbound "welcome" calls and other proactive CRM activities that typically featured live customer interactions. These are costly activities in increasingly competitive markets.

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Wednesday, November 12 2008

883: If you believe in VoIP, call me on my iNum

November 2008. The month that mobile VoIP went from a cheap way to call the world to a unique (and cost efficient) way to be reached - anywhere in the world.

When VoIP first touched down in the mid-market and enterprise segments years back, we were drawn primarily to the cost savings opportunity. Reducing branch-to-branch or other long distance voice dialing was worth the less-than-stellar voice quality. We talked of 'applications but little, if any, real-world ones were deployed. Fast forward to today and most are now investing in IP telephony to converge their voice and data networks in such a way that they can exploit a variety customer facing and productivity solutions.

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Thursday, October 23 2008

To Client or Not to Client (download, that is)? Good question

First, let’s review a few stats. Wireless Intelligence has published data indicating there are 3.9 Billion cell phone connections on the planet today, double the figure from 2005. Other analysts have indicated that wireless Value Added Services are going to double to $300 Billion in revenues by 2012.

All of us have been watching the stats on the Apple iStore. 3000+ client apps, close to 200 million downloads and so on. And a couple of days ago Blackberry announced its own applications store initiative.

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Tuesday, September 30 2008

Changing the VoIP business model the old-fashioned way

Last week, we announced our MOBIVOX|PL offering and as you can see from our press section, it attracted a lot of coverage and attention. Also, we noted that Alec Saunders and Jon Arnold, among others, have picked up and expanded on the concept of moving beyond minutes into value added services in their recent posts. There is more to come on MOBIVOX|PL from us in the coming days and weeks.

A few months ago, when I had just joined as CEO of Mobivox, we had communicated with the customer base of our consumer mobile VOIP business that they should stay tuned for new pricing and packaging in the early Fall. In about 2 weeks time, those packages will be introduced, although we’ve been making some small changes along the way. We’ve added Auto Top Up Payment to make payment easier and eliminated free service in some geographies altogether due to abusive behaviour that was costing us real money for little if anything in return. We’ve even quietly added new features customers have asked for and improved call quality to allow customers to access the Mobivox service more easily and reliably across the world.

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Tuesday, September 23 2008

Welcome to MOBIVOX|PL!

It has been 100 days since becoming CEO of MOBIVOX. Like any Web 2.0 or Voice 2.0 company, the pace of change has been fast and furious. New players, new mashups, new iApps pop up everyday. Making sense of the noise in the space is itself a challenge.

But one emerging trend is clear and critically important for players to survive and thrive: the real revenue creation imperative.

Last week, I was at IT Expo in LA at which a keynote speaker declared "VOIP is dead". I'd offer a slight variation: free, or near free, VOIP is dead. Good riddance.

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