Interpretation of given data

zeb case: Quo vadis customer?
New answer on Jul 17, 2021
1 Answer
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Richard
Premium
asked on Jul 15, 2021

I am wondering if the solution given for the interpreation of the sales channel data is correct.

It is stated that "From the data provided we can conclude that the bank is strong (in some cases even exceptionally good) in its traditional business, compared to industry averages."

However, doesn't the chart only indicate the distribution of sales (and not success) through the channels in comparison to industry average? Isn't the takeaway here that the company significantly differs from industry average and the focus is higher on 'outlet' and 'telephone'? And lower on digital channels?

Just because 'outlet' is the most used channel, it doesn't mean that it is successful, right? Especially in the context of declining customers and sales.

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Ian
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Content Creator
replied on Jul 17, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Richard,

I don't know this case well, but a quick glance at the exhibit tells me you're likely misinterpreting things! Diagram 1 is success. (% of deals closed). Our company is very good at Outlet and Telephone channels.

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Veronica on Aug 04, 2022

I totally misunderstood this information. I thought "deal closed" means "loss of deals due to the decrease of customers", so outlet and telephone have the worst performance...

Ian gave the best answer

Ian

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