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Debt Management
The Background to this project What Mungo Dunnett Associates delivered What were the benefits to the business of carrying out this project

What Mungo Dunnett Associates delivered

Brand and positioning: evaluation of the brand name and optimal “mission statement” positioning; assessment of market positioning, and recommended choice of alliance partners

Sales and Marketing: assessment of recent activities, their cost-effectiveness, and likely future effectiveness in the context of key competitors

Customer Understanding: assessment of the company’s existing understanding of the customer base, and of the best means of addressing and approaching potential customers

Product Development: assessment of additional revenue streams through complementary or extension products and services, and recommendations for chosen avenues, including:

Billing management

Debt consolidation

Debt management insurance

Pricing: recommendations for pricing, and the management of fee income

Retention: recommendations for extending the average customer life through enhanced and focused communication

Acquisition: assessment of lead acquisition and conversion procedures; recommendations for improvement and increased cost-effectiveness of customer acquisition activity

Direct Marketing: instigation of robust mechanism for driving direct marketing through database activity

Profitability Analysis: Instigation of customer profitability analysis, to identify most profitable customers

Segmentation: instigation of segmentation analysis, to identify different customer types

Marketing Collateral: recommendations for specific collateral to support both B2B and B2C marketing

Planning for Growth: identification of key processes requiring investment if the business is to cope with rapid growth, including:

Training

IT

Internal procedures

Database and campaign management

Quick Wins: summary recommendations for most cost-effective “quick wins”

 

 
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