CASE STUDY

Consumer Electronics Retailer

A consumer electronics retailer finds new growth territory through convergence

Challenge

For years, consumer electronics retailers focused their digital transformation efforts on individual product transactions and omnichannel retailing to drive revenue. Yet with digital commerce, companies offering greater transparency and choice to customers, and supply chain innovations enhancing accessibility of products, it has become nearly impossible for traditional retailers to compete on product assortment, channel mix or price. As a result, our client was experiencing declining margins for several consecutive quarters.

Solutions

To unlock uncommon growth, our client needed to converge transformation efforts around a whole new purpose and way of doing business that took into account the needs, behaviors and expectations of customers today. Through an iterative ideation process, Prophet uncovered loyalty-driving experiences that helped them reimagine their purpose and establish a new relationship with their customers and employees as not just a place to transact but a place to get great customer service.  To test our hypotheses, we engaged in service design processes that were rapid, iterative and collaborative, focusing on key experiences and pivoting based on customer feedback.

Results

We prototyped new formats, built an MVP of a platform service for customer support, and detailed an operational blueprint that could be piloted at the enterprise level. In addition to a new value proposition, we also build a website to socialize the tools and visual mock-ups that would help bring everyone from the C-suite to sales teams on board.

CASE STUDY

AXA

Meet Emma, the future of humanized insurance experience

Challenge

AXA is one of the world’s leading insurance companies offering diverse financial services globally. To successfully grow its business in Asia, the client recognized the need to create a more consistent and human brand throughout the region.

On the back of a new global vision – from Payer to Partner – AXA partnered with Prophet to develop an Asia-specific solution that would deliver on their ambition to:

  1. create a more consistent customer journey and brand experience across the region
  2. develop a new customer engagement proposition that also humanize the experience through a new digital platform
  3. develop digital touchpoints to drive greater engagement with existing and potential customers.

Solutions

Through deep consumer research and segmentation, Prophet partnered with AXA to create a regional well-being strategy, develop a new customer experience, and run UX & UI sprints to design a new digital product.

We began by conducting a multi-country regional segmentation, incorporating both qualitative and quantitative research across five key markets in Asia (China, Hong Kong, Philippines, Thailand and Japan). Over 4,000 customers were surveyed to better understand what they wanted from an insurance company when it came to their health, well-being and mental health. This research created the foundation for the development of a value proposition that defined the future of digital customer experience (DCX) at AXA.

To bring the strategy to life, we set out to reimagine the customer experience, taking a fresh look at how to create a new insurance platform that combined insurance e-servicing, 3rd party health and wellness digital services and a new conversational chatbot and virtual concierge. Importantly, at the core of this new experience was an empathetic and human approach on well-being topics for customers, elevating the AXA brand on an experience level never attempted at the organization.

From this strategic foundation, Emma was born — AXA’s first humanized user interface, which became the core of the brand’s new digital customer experience. This seamless experience – from claims to servicing, health content, symptom checker, and more – was embodied in a single Emma ecosystem for current AXA customers as well as prospects.

With Payer to Partner at the core of its proposition, Emma’s persona was designed to be an Empathetic Navigator, helping individuals find the solutions and content most relevant to their well-being needs. Prophet further “personified” Emma, crafting a real-life avatar, her tone of voice, and the visual expression across a full identity system.

A key highlight of the process was a two-day Hackathon to create “Emma”. Over 70 global leaders and stakeholders across diverse disciplines gathered together to “hack” the Emma experience. It was the first time in AXA’s history and probably the largest cross geographic collaboration of its kind.

Results

Emma was piloted then launched in Hong Kong in Q4 of 2019.

Emma is bridging the gap between digital engagement and financial advisor partners. As of 1H of 2020, Emma’s launch in Hong Kong drew more than 2 million logins, exceeding expectations. Emma is now being rolled out across the rest of Asia.

The digital brand experience we created for AXA won the gold award for “Best Use of Digital in the Financial Services Sector” at the 2021 Digital Impact Awards Asia, as well as two awards at the 2020 Transform Awards Asia, including a gold award for “Best Brand Experience” and a silver award for “Best Visual Identity” from the financial services sector.

CASE STUDY

Emart

Driving retail growth through customer data strategy

Challenge

Over the past decade, Emart, the leading general merchandise retailer in South Korea, has been on an aggressive format expansion drive to address competitive and regulatory pressures on its core hypermarket business. As they have expanded into new formats and increased their licensed businesses, they have assembled a diverse portfolio of affiliate companies that fit into consumers’ lives in many ways.

With an over 90 percent penetration rate among South Korean shoppers, Emart was looking to improve current customer relationships and spend across all its affiliate businesses to fuel its next wave of growth. Emart needed to gain a deeper understanding of its customers’ needs and preferences, strengthening its ability to deploy a micro-targeted marketing approach. Emart engaged Prophet to define a comprehensive customer data strategy, as well as the roadmap for transforming their businesses to be more data-driven.

Solutions

Prophet defined a customer data strategy with a detailed roadmap of initiatives to help Emart drive impact across the business.

The Prophet team helped Emart uncover revelatory data that helped define new experiences along the customer journey. Then, Prophet identified the capabilities and organization structure needed to manage, analyze and act on these new data insights. Based on our detailed mapping of Emart’s current state and our knowledge of best practices in leading global organizations, we were able to design a future state model for Emart, as well as the roadmap to build the required capabilities and organizational model.

To demonstrate the value of data and justify future investments, we took a large sample of Emart’s existing transactional and CRM data to identify clear behavioral profiles that could be targeted in pilot marketing experiments. We were able to prove that targeted marketing could have an impact on two levels – increasing spending on the targeted category (e.g. increasing spending on health & beauty), as well as increasing total basket size (e.g. how much they spent on their weekly shop overall).

Results

For a duration of 6 months, Prophet supported the Emart team in conducting a series of test and learn marketing experimentations based on customer data insights with continuous proven success in driving business impact. Since then, Emart has established a dedicated team to run targeted marketing at scale as the full organization at Emart is committed to investing in becoming a data-driven company.

Impact

20%

Increase in sales by non-category

15%

increase in sales by targeting in declining categories

10%

increase in sales in key categories

CASE STUDY

Poly

Creating the “We’re a go” digital campaign

Challenge

When the words “One small step for man, one giant leap for mankind” were uttered, they were heard by millions of Americans through Plantronics audio.  To celebrate its part in Apollo 11’s spaceflight on the 50th Anniversary of this momentous event, Poly asked Prophet to create a campaign that would connect their past to the present, and the Poly and Plantronics brands together.

Solution

Working as an integrated team, Prophet and Springbox crafted three campaign concepts before selecting one to build into a multi-channel campaign. Executions included a microsite, paid and organic social media posts including video, display advertising and materials for a gala event and launch at the NYSE.

Results

The campaign far exceeded the goals established by Poly – with more than double the number of social engagements and over five times the number of views on the microsite. Together we built a powerful, engaging campaign that shared Poly’s unique story and relentless relevance 50 years later.

In Nov. 2019, the Prophet and Springbox teams won two North America Transform Awards for their work with Poly.

  • SILVER award for ‘Best corporate rebrand following a merger or acquisition’
  • BRONZE award for ‘Best visual identity from the technology, media and telecommunications sector’

Five Wins at the North America Transform Awards

CASE STUDY

Schneider Electric

Driving demand for a global energy management company

Challenge

Schneider Electric is a global specialist in energy management with operations in more than 100 countries. The company recognized that future business growth depended upon driving demand among end customers and the contractors who work most closely with them.

Solutions

In a complicated and multi-layered value chain, digital communications are crucial to forging relationships with end customers and contractors, while enhancing relationships with existing channel partners. By driving a deep understanding of how customers make decisions, and the role that digital plays in helping them, Prophet partnered with Schneider to identify and pursue opportunities to better engage customers across the entire value chain.

Results

Despite challenging market conditions and a slowdown in new economies, the execution of this strategy saw revenues increase by 6.6%. Customized online portals enabled Schneider to increase the share of wallets among contractors by helping them make smarter project execution decisions. The organization also drove greater demand with end-users through tools such as Building Insights – a building energy management platform.

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