The Problem
Equitel (the MVNO of Equity Bank) was seeking to attract new customers and drive greater usage of their network.
Objective
- Get customers to use Equitel as a primary network for traditional voice and data service
- Increase the bouquet of products offered by Equitel
The Solution
Riziki Cover – a loyalty and customer-funded hospital cash insurance product was embedded into Equity Bank’s Equitel mobile services.
The Results
- 400,000+ total registrations to date
- up to 54% increase in telephony spend per active customer registered for Riziki
- up to 29% increase in transactions per active customer registered for Riziki