Verizon Wireless: Winback Email That Does Not Win Me Back

Last June, I wrote about lack of communications from Verizon Wireless after I switched my mobile service to a different carrier. A couple months later, I started to receive winback offers shown below – offering a package deal price of $40 per line for four lines with unlimited usage.

I need 1 line -- not 4

This is a Fail for List. Verizon had 15 years of customer history and could have easily discerned that I was a single-line, low-usage customer. An unlimited plan is not useful for me, much less a plan with three devices more than I need. Verizon Wireless doesn’t need to use Big Data to properly tailor its winback offers. Making smart use of Small Data – namely, the collection of information already available that can be used simply and effectively – would be sufficient to understand former customer needs and offer a service that is relevant. 

Page 2 of email -- fine print & disclosures

My supposition is that Verizon’s leadership has chosen to take a product proposition and push it out. As I write this, their mass media marketing focuses on unlimited usage offers on their better network. After 20 minutes on their confusing website, I’m not sure there is even a low-usage plan available anymore. 

Granted, the population of U.S. consumers using less than 4 GB per month is decreasing, but keeping or winning back a customer is always less expensive than winning an all-new customer. (To wit: As of this writing, Verizon Wireless is offering rebates of $150 and up to new customers.)  Keep the customers you have, then you can upsell and cross-sell them later to 5G, home FIOS, and other services.

Lesson: 
The best way to win back former customers is to offer what your data suggests they want or need.