The Customer Value Management Body of Knowledge (CVMBoK)

A Guide for Leaders and Professionals in CVM

with emphasis on the telecommunications industry

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CVMBoK 


(SAMPLE Version, 23.11.23)


English (PDF – 332 KB – 56 pages)

What is Customer Value Management (CVM)?

Learn how CVM focuses on creating and delivering value to telecom customers. Discover the key strategies and tactics that drive successful CVM implementation inside the CVMBoK.

Your Free Access Guide

CVMBoK is free to access guide to the actionable side of CVM. Explore its practical implications, gain insights from telecom experts worldwide, and contribute your expertise to advance the telecom industry.

CVM Strategy Consultancy Service

Your Next Step After CVMBoK

Read and navigated the CVMBoK and now wondering how to implement its insights? Let us guide you. Prioritize effectively, align organizational goals, and harness tailored strategies for real-world success in the Telecommunications sector. We’re your strategic partner on this journey.

CVM Maturity Assessment Consultancy Service

Unlock Your Telecom’s Potential

Take a clear look at where your organization stands with CVM. Using insights from over 30 global telecoms, we offer a solution designed to:

  • Review your current CVM setup.
  • Guide with practical insights from real telecom scenarios.
  • Plan your next CVM steps for best results.
  • Unite teams across departments for consistent CVM achievements.

In just one month, get clarity and a clear roadmap to reach your goals. Why go for drawn-out consultancy projects when Exacaster provides a focused, telecom-specific solution? Trust the CVM Maturity Assessment to steer you right, backed by the solid foundation of the CVMBoK guide.

CVMBoK Contributed by

  • “We cooperate quite closely with the marketing; they craft the product's visual and textual appeal, while we focus on targeting the right audience through the appropriate channels, ensuring understandability and engagement.”
    Kristine Raumane
    Head of customer value management @Tele2 Latvia
  • “Prior to starting on any CVM initiative, it is essential to establish clear expectations and the desired outcomes from all collaborating teams (for data analytics, sales, etc.)”
    Simon Sanga
    Customer Value Manager @M-Pesa
  • “Choosing the right data battles is crucial. Focus on the low-hanging fruit, like reducing unwanted calls or enhancing digital engagement, align strategically, and adopt a modular approach for incremental value delivery.”
    Matt Tilling
    Head of CRM @Telia Lithuania
  • “While assisted channels like call centers remain crucial for customer service and revenue generation, the evolution towards digital channels like email, SMS, and app notifications is inevitable. Businesses must strategically adapt, determining the optimal use of assisted channels based on customer journey stages and specific customer needs.”
    Matt Tilling
    Head of CRM @Telia Lithuania
  • “Personalization is knowing someone and speaking to someone as if you know them. It's still a huge part of the customer experience, this face to face knowing who wants that and who doesn't want that and when.”
    Matt Tilling
    Head of CRM @Telia Lithuania
  • “Automation enables the efficient targeting and elevation of customers to new segments through automated funnels. Once set, these systems not only facilitate upselling or cross-selling but also allow for continual performance analysis based on data.”
    Vytautas Jurkus
    Senior manager for CRM, User Experience and Marketing Automation @Western Union
  • “Understand the business, understand the customers, what products they are using and how, then try to find that right moment to deliver right message for the customer.”
    Vytautas Jurkus
    Senior manager for CRM, User Experience and Marketing Automation @Western Union
  • “You have to balance your pricing, your retention processes (number of iteration towards the customer base, communication frequency) while making the customer base happy (NPS and transactional NPS).”
    Paulius Grygalis
    Manager of client intelligence and client service @Tele2 Lithuania
  • “Effectively managing churn is a delicate balance; pushing too hard can disrupt sales dynamics, while less communication might reduce churn but at the cost of valuable interactions and upselling opportunities with your customer base.”
    Paulius Grygalis
    Manager of client intelligence and client service @Tele2 Lithuania
  • “Our Customer Base Management team is all about connecting different departments and keeping our best strategies private. We improve customer experience by running successful upsell and cross-sell campaigns, managing loyalty programs, and using a variety of technical solutions.”
    Kristine Raumane
    Head of customer value management @Tele2 Latvia
  • “Even though you're doing a one time campaign, you should measure the campaign long term.”
    Simon Sanga
    Customer Value Manager @M-Pesa
  • “The beauty of CVM is the outcome can always get measured. Whether it is the hit rate, churn rate, purchase frequency or revenue uplift, it all comes down to a fact of the impact.”
    Ignas Brazdauskas
    Telco professional
  • “CVM roles have the best understanding of P&L composition and can also do the biggest impact on P&L as it drills down to the customer level. Thus I believe P&L responsibility should be owned by CVM teams.”
    Ignas Brazdauskas
    Telco professional
  • “To get the most impact is possible if we (the CVM team) have the ownership of our customer base management processes.”
    Kristine Raumane
    Head of customer value management @Tele2 Latvia
  • “Securing the performance of sales channels necessitates significant investment in time and effort, given the frequent turnover. Longevity in their roles is rare and despite empowering their coaches, personal CVM engagement remains a critical component of success.”
    Vaidotas Juknys
    Telco professional, Head of Commerce @Smartproxy
  • “The best algorithm does not work if the agents don't see the use in it, if agents don't like it, if it doesn't support their goals.”
    Florian Schwarz
    Program Lead in Data-Driven Marketing @A1 Austria
  • “The scarcity in today’s market isn't opportunities; it's the customer’s time and organisations' alignment. Timeliness of what to offer when and how to develop that better.”
    Florian Schwarz
    Program Lead in Data-Driven Marketing @A1 Austria
  • “CVM professionals often navigate a complex path, balancing diverse roles from strategy to analytics and customer experience, leading to blurred boundaries in their responsibilities. The upcoming Customer Value Management Body of Knowledge (CVMBoK) aims to redefine and clarify these roles.”
    Egidijus Pilypas
    Director of Product and Marketing, Co-founder of Exacaster
  • “The CVMBoK is your go-to resource for modern customer value management in the telecom sector, blending business and tech insights with a collaborative approach to drive industry progress. ”
    Šarūnas Chomentauskas
    CEO & Co-founder of Exacaster

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