Business situation
Deregulation in the energy sector in 2001 paved the way for a number of new energy utilities to enter the market. AGL was now trading in a more dynamic and competitive marketplace. This new economy benefited customers by greater choice of retailers and more flexible cost saving options. High customer turnover followed and demands for more efficient modes of energy production increased, as customers looked to retailers to provide green energy offerings and more sustainable cost effective solutions.
For leading retailers like AGL, this new climate meant that customer churn was at an all-time high, but it also presented unprecedented opportunities in the industry. In a highly competitive market, AGL knew that it needed to compete on more than price alone. To ensure it retained its leading position, AGL sought to differentiate itself from competitors to reduce customer turnover and to implement new strategies to retain its already strong customer base.
"Adopting Agile seems to be the only practical approach to managing the rapidly changing, evolutionary nature of digital."
Solution
Results
The highly streamlined solution delivered by Avanade and Accenture has meant significant gains for AGL.
The new platform offers customers personalized usage reports and 24-month energy management plans, enabling them to choose how to manage their energy consumption. As a result of these new features, home page visitors are 47% more likely to go directly to AGL’s energy plans page to consider AGL as their energy provider.
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Next steps
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