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Verizon

Verizon

Insights, Personas, and Sales Plan

Verizon

"Verizon is a multi-faceted global leader in information technology and telecommunications services, offering industry-leading mobile, internet, TV, and professional security solutions to consumers and businesses on the most reliable 4G LTE and 5G networks."
Est. Employees:
117000
Industry:
information technology & services
Revenue:
$135B
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Insights on

Verizon

Knowing about the company you want to prospect into is important. Here's some information about the company, written by a sales analyst.
## Company Description Verizon is a multinational telecommunications conglomerate and a leading technology company. Known for its provision of advanced information technology (IT) and telecommunications services, Verizon has positioned itself as a significant player in the global IT and telecommunications industry. The company offers wireless, internet, TV, and phone services, thus ensuring that it fully fulfills the communication and entertainment needs of its customers. Verizon operates the largest 4G LTE network and was one of the first to introduce 5G. Verizon services are recognized for their high level of quality, even being awarded the highest number of awards in network quality among all brands by J.D. Power. In addition to the services it provides to consumers, Verizon also offers professional services and solutions to businesses, including global security solutions. The company is committed to leveraging its technology to ensure businesses operate securely and efficiently. Verizon facilitates easy management of their services through its My Verizon online portal, where customers can check data usage, manage their accounts, and pay bills without needing to visit a physical store. Currently, Verizon employs an estimated 117,000 employees, thus making it one of the largest employers in the technology sector. The company prides itself on its strong values and commitment to its employees, providing numerous career opportunities and running various community outreach programs.

Company Description

Verizon is a multinational telecommunications conglomerate and a leading technology company. Known for its provision of advanced information technology (IT) and telecommunications services, Verizon has positioned itself as a significant player in the global IT and telecommunications industry.

The company offers wireless, internet, TV, and phone services, thus ensuring that it fully fulfills the communication and entertainment needs of its customers. Verizon operates the largest 4G LTE network and was one of the first to introduce 5G. Verizon services are recognized for their high level of quality, even being awarded the highest number of awards in network quality among all brands by J.D. Power.

In addition to the services it provides to consumers, Verizon also offers professional services and solutions to businesses, including global security solutions. The company is committed to leveraging its technology to ensure businesses operate securely and efficiently.

Verizon facilitates easy management of their services through its My Verizon online portal, where customers can check data usage, manage their accounts, and pay bills without needing to visit a physical store.

Currently, Verizon employs an estimated 117,000 employees, thus making it one of the largest employers in the technology sector. The company prides itself on its strong values and commitment to its employees, providing numerous career opportunities and running various community outreach programs.

Team Personas

Broken down by department, these sales insights include head counts, potential pain points, email templates, and a "how to win" plan for selling to this department.

Sales plan

Want to know more about how to sell into this company? Well, we've got you covered with a basic sales plan that gives you all that you need to know to get started selling to this organization.
## I. Executive Summary Our goal is to engage with Verizon to provide a set of SaaS solutions that can address various pain points they may be currently facing. These include optimizing digital customer experience, streamlining intra-company communications, bolstering customer service performance, enhancing IT asset management, and improving network quality and performance analytics. ## II. Customer Analysis Verizon is a leading global service provider in telecommunications and information technology. They provide a broad range of services including mobile phones, internet, and entertainment services to an expansive customer base. Verizon boasts a substantial workforce of approximately 117,000 employees. ## III. Pain Points and Opportunities ### Pain Point 1: Account Management Verizon's current customer account management system, while effective, may have room for improvement to enhance user experience and streamline processes such as billing and data usage checks. ### Pain Point 2: Internal Communication Effective and timely intra-company communication, given Verizon's large employee base, may pose occasional challenges. ### Pain Point 3: Customer Service Providing consistently high-quality customer service due to the breadth of their product portfolio and extensive customer base could be an area of ongoing improvement for Verizon. ### Pain Point 4: IT Asset Management Managing a vast range of IT assets while keeping up with rapid technological changes can present a significant challenge. ### Pain Point 5: Network Quality and Performance Despite being named #1 for Network Quality across several regions, continual enhancements in maintaining and improving this status might harbor complexities in network management, optimization, and troubleshooting. ## IV. Proposed SaaS Solutions ### Solution 1: Digital User Experience A software solution to improve digital customer experience, streamline bill payments, and data usage checks. ### Solution 2: Intra-Company Communications A unified communications platform that ensures all employees receive updates in a timely and engaging manner. ### Solution 3: Customer Service Management An advanced customer service management platform that uses AI to efficiently address customer issues and manage customer interactions across channels. ### Solution 4: IT Asset Management An IT asset management solution to help manage inventory, track assets, predict life cycles, plan replacements or upgrades, and improve enterprise-wide IT asset management. ### Solution 5: Network Performance Analytics and Automation Incorporate technologies that provide predictive analytics on network performance, automate network operations, and streamline network management procedures. ## V. Engagement Strategy Given that Verizon is a global player in telecommunications, a strategic approach towards engagement would be to highlight how our solutions can solidify their position at the forefront of the industry. We should aim to leverage our solutions to help them gain a stronger competitive edge, improve operational efficiency and user experience, and ultimately drive revenue growth. - Begin with a multi-touch campaign: Launch a dynamic campaign combining emails, calls, and LinkedIn outreach tailored to key stakeholders within Verizon. - Share thought leadership: Regularly share blog posts, use cases, white papers, infographics, and other resources displaying knowledge of the telecommunications industry and highlighting the benefits our solutions can bring to Verizon. - Invite to webinars/demos: Invite the decision-makers to participate in webinars or product demonstrations which showcase how our solutions directly address their pain points. - Coordinate 1:1 meetings: Arrange an in-depth discussion with Verizon leadership detailing the value proposition of our solutions and why we are a good fit for partnership. - Leverage customer testimonials and success stories: Share testimonials from trusted names in the industry who have experienced success using our software. - Free trial: Offer Verizon a free trial period for our solution to demonstrate its effectiveness in real-time. ## VI. Closing Strategy - Implement an ROI Measurement: To solidify the value of our offer, we should offer to implement well-defined metrics for tracking ROI after the product is trialed or purchased. - Develop a mutually beneficial agreement: Consider Verizon's interests in shaping the agreement to foster the sense of a beneficial partnership. - Drive towards a decision: Move the decision-making process forward by understanding and addressing any remaining concerns or objections in a timely manner. - Reiterate and summarize value: Highlight the key benefits, ROI, compatibility, and the strategic fit of our solutions towards Verizon's business process. Our overall strategy should involve demonstrating a deep understanding of their business, proposing solutions that directly address their pain points, establishing credibility, and consistently communicating the unique value we can offer to Verizon.

I. Executive Summary

Our goal is to engage with Verizon to provide a set of SaaS solutions that can address various pain points they may be currently facing. These include optimizing digital customer experience, streamlining intra-company communications, bolstering customer service performance, enhancing IT asset management, and improving network quality and performance analytics.

II. Customer Analysis

Verizon is a leading global service provider in telecommunications and information technology. They provide a broad range of services including mobile phones, internet, and entertainment services to an expansive customer base. Verizon boasts a substantial workforce of approximately 117,000 employees.

III. Pain Points and Opportunities

Pain Point 1: Account Management

Verizon's current customer account management system, while effective, may have room for improvement to enhance user experience and streamline processes such as billing and data usage checks.

Pain Point 2: Internal Communication

Effective and timely intra-company communication, given Verizon's large employee base, may pose occasional challenges.

Pain Point 3: Customer Service

Providing consistently high-quality customer service due to the breadth of their product portfolio and extensive customer base could be an area of ongoing improvement for Verizon.

Pain Point 4: IT Asset Management

Managing a vast range of IT assets while keeping up with rapid technological changes can present a significant challenge.

Pain Point 5: Network Quality and Performance

Despite being named #1 for Network Quality across several regions, continual enhancements in maintaining and improving this status might harbor complexities in network management, optimization, and troubleshooting.

IV. Proposed SaaS Solutions

Solution 1: Digital User Experience

A software solution to improve digital customer experience, streamline bill payments, and data usage checks.

Solution 2: Intra-Company Communications

A unified communications platform that ensures all employees receive updates in a timely and engaging manner.

Solution 3: Customer Service Management

An advanced customer service management platform that uses AI to efficiently address customer issues and manage customer interactions across channels.

Solution 4: IT Asset Management

An IT asset management solution to help manage inventory, track assets, predict life cycles, plan replacements or upgrades, and improve enterprise-wide IT asset management.

Solution 5: Network Performance Analytics and Automation

Incorporate technologies that provide predictive analytics on network performance, automate network operations, and streamline network management procedures.

V. Engagement Strategy

Given that Verizon is a global player in telecommunications, a strategic approach towards engagement would be to highlight how our solutions can solidify their position at the forefront of the industry. We should aim to leverage our solutions to help them gain a stronger competitive edge, improve operational efficiency and user experience, and ultimately drive revenue growth.

  • Begin with a multi-touch campaign: Launch a dynamic campaign combining emails, calls, and LinkedIn outreach tailored to key stakeholders within Verizon.
  • Share thought leadership: Regularly share blog posts, use cases, white papers, infographics, and other resources displaying knowledge of the telecommunications industry and highlighting the benefits our solutions can bring to Verizon.
  • Invite to webinars/demos: Invite decision-makers to participate in webinars or product demonstrations that showcase how our solutions directly address their pain points.
  • Coordinate 1:1 meetings: Arrange an in-depth discussion with Verizon leadership detailing the value proposition of our solutions and why we are a good fit for partnership.
  • Leverage customer testimonials and success stories: Share testimonials from trusted names in the industry who have experienced success using our software.
  • Free trial: Offer Verizon a free trial period for our solution to demonstrate its effectiveness in real-time.

VI. Closing Strategy

  • Implement an ROI Measurement: To solidify the value of our offer, we should offer to implement well-defined metrics for tracking ROI after the product is trialed or purchased.
  • Develop a mutually beneficial agreement: Consider Verizon's interests in shaping the agreement to foster the sense of a beneficial partnership.
  • Drive towards a decision: Move the decision-making process forward by understanding and addressing any remaining concerns or objections in a timely manner.
  • Reiterate and summarize value: Highlight the key benefits, ROI, compatibility, and the strategic fit of our solutions towards Verizon's business process.

Our overall strategy should involve demonstrating a deep understanding of their business, proposing solutions that directly address their pain points, establishing credibility, and consistently communicating the unique value we can offer to Verizon.