Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 74.98
Bid: 74.96
Ask: 74.98
Change: 0.20 (0.27%)
Spread: 0.02 (0.027%)
Open: 74.90
High: 75.90
Low: 74.52
Prev. Close: 74.78
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Idomoo sees sales soar as businesses turn to personal videos

Tue, 12th Feb 2013 11:28

By Tova Cohen

TEL AVIV, Feb 12 (Reuters) - Banks, insurers, utilities andretailers are boosting customer loyalty by sending outpersonalised videos instead of a monthly bill or statement,using technology provided by Israel's Idomoo.

Idomoo's technology can take any video in any language andpersonalise it in seconds, so that it contains each customer'srelevant information. The videos explain anything from a monthlyelectric bill to a quarterly pension fund statement and can alsobe used to welcome new clients or send birthday greetings.

"As a customer it makes you feel good that this bank,insurer or telecom provider is treating you as an individual,"Idomoo's chief executive Eitan Fogel said in an interview. "Weare going back to a more natural way of communication."

Customers include telecom companies Vodafone, FranceTelecom's Orange and Telia Sonera, banks Credit Agricole and BNPParibas, insurer Generali, cable company Liberty Global and mostof the major telecom operators in the United States as well aslarge retail networks.

Videos, which can greet a customer by name, are sent byemail or text message with a link to a web page.

"By 2015 I believe most of the communication betweenorganisations and customers will be done like this. Customerswon't be willing to get any more boring impersonalcommunications," Fogel said.

Idomoo, which last month won a prize sponsored by U.S.retailer Target Corp, is also in talks with retailers tooffer coupons or discounts to loyalty club members who receivetheir statements by video.

The company, which competes with U.S.-Israeli SundaySky,began selling its technology in 2012, when it had severalmillion dollars in revenue. It expects this to grow by 300percent to double-digit millions of dollars in 2013.

"In 2014 we see sales eight times that of today and in threeyears from now we expect to have sales of $100 million," Fogelsaid, adding the company will be profitable by the end of 2013.

Fogel said many service providers are trying to move theircustomers from paper statements to digital communication to cutcosts and help the environment. Idomoo's video technology hashelped more than double the registration rate for electronicbilling services at its customers, he said.

Idomoo has begun partnering with WPP's Ogilvy &Mather in several countries and is in discussions with other adagencies. The agencies would develop videos for their clientsand use Idomoo's technology to personalise them.

"Because of our open technology we can work with any agency.We are not a threat to digital agencies," Fogel said.

The next phase will be personalised television commercials,though this will depend on deployment of TV over the Internet,or IPTV. It is already working with Portugal Telecom onpersonalised commercials for its IPTV service.

More News
21 Dec 2023 11:54

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

Read more
21 Dec 2023 08:59

LONDON MARKET OPEN: Santa rally fades after weak New York close

(Alliance News) - Stock prices in London lost sparkle early Thursday, after a broad-based sell-off on Wall Street.

Read more
21 Dec 2023 08:57

Swisscom weighing offer for Vodafone's Italian business

(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.

Read more
21 Dec 2023 07:47

LONDON BRIEFING: Hipgnosis Songs Fund delayed results show value fall

(Alliance News) - Stocks in London are expected to open lower on Thursday, in line with equity markets in Asia and New York.

Read more
21 Dec 2023 06:58

LONDON MARKET EARLY CALL: London to follow NY and Tokyo into red

(Alliance News) - Stocks in London are set to open lower on Thursday, returning some of Wednesday's gains that followed a surprisingly tame UK inflation reading.

Read more
20 Dec 2023 19:56

PRESS: Swisscom weighs up offer for Vodafone's Italian business

(Alliance News) - Swisscom AG is weighing an offer for Vodafone Group PLC's Italian business early next year, potentially countering a rival bid from Iliad SA for the unit, Bloomberg reported, citing people familiar with the matter said.

Read more
20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

Read more
19 Dec 2023 06:00

Safaricom's Ethiopia struggle deters potential telecoms investors

Telecoms sector once seen as key prize in liberalisation drive

*

Read more
18 Dec 2023 17:36

European shares ease as ECB officials temper rate cut optimism

Germany to end e-vehicle subsidy programme

*

Read more
18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

*

Read more
18 Dec 2023 16:35

Vodafone shares climb as Iliad proposes Italian merger

Vodafone is reviewing options for its Italian unit

*

Read more
18 Dec 2023 15:35

London close: Stocks make small gains in wake of rate decisions

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

Read more
18 Dec 2023 11:50

LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer

(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.

Read more
18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

Read more
18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.