http://playingbingo.co.uk/bingo-article ... rpal.shtml
From online bingo interview with the man setting up and organizing this party!
(interview in part)
Ravi Virpal: Having spoken with many online bingo operators I can say that the challenges are as follows:
a) Acquiring high-end big spending customers – this will continue to be a primary challenge for operators going forward.
b) Effective customer retention – It’s all good when you win a new customer but not so great when you lose them just as quickly. Retaining your customer base and encouraging loyalty is a massive challenge to the operator.
c) European expansion and picking the right markets to move into – As bingo picks up momentum in various European markets such as Scandinavia, the operators find it increasingly difficult to decide where best to place their investment.
d) Navigating the confusing legal landscape – this issue is huge with challenges that extend into advertising, payment and billing, legal gaming, differing jurisdictions and more… Operators need to be updated constantly.
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And I have this to say, which is My opinion and thoughts:
OK, acquiring high-end big spending customers! ????????
There will no longer be a place for the bingo player that wants to enjoy the game as entertainment and meet a new friend or 2 in a chat room. The kind of player this man is talking about is a cutthroat, big time, in it for the cash and forget the stupid chat feature crap kind of player. They are hoping to edge out the player that has a few bucks to entertain themselves on the internet with a friendly bingo game. Talk about GREED!!
Effective customer retention????? UT OH! This looks to me like they actually mean big spending customer retention! Smells like an edge to those that will spend the most. That is already happening to some degree at most sites, but it looks like an escalation is in order. Perhaps if you are a small time player, it' s best to acknowledge now that you may be beaten down with new rules and policy geared towards the BIG spender.
I have a very simple and straightforward way to increase customer retention..treat the people paying your way in life with some respect! Stop ignoring them when they seek assistance, stop negating every issue they have with your "last word" will and testament, stop handing out huge bonuses to entice or placate them that mean absolutely nothing in the world of cash (where you are), Stop manipulating the software to your own ends, stop using phoney and trumped up excuses to not pay a loyal depositng client, and STOP using the online bingo game venue as an opportunity to deceive and cheat in the name of profit.
the rest of this speaks of developing ways to unify or circumvent legal guidelines or "in place mandates" to increase the profit margin of the KEY bingo operators and what location or demographic area is best for "picking". THIS ALL SPEAKS OF THE OWNERS AND OPERATORS AND DOES NOT ADDRESS THE DEPOSITING PLAYER IN ANY WAY,SHAPE OR FORM EXCEPT AS A POTENTIAL SOURCE OF INCOME.
WHAT A FARCE!
And before I go...
Mr. Virpal had this to say:
I am also fantastically excited by the Chat Moderators panel session – after all Chat Moderators have voices too! These guys are at the forefront of the numerous online bingo portals and it will be very interesting to hear about what they have to say!
THESE GUYS? Where has he been living? The majority of chat moderators at online bingo sites are females... mothers and wives and grandmothers all working for minmum wage or less and often long hours to keep their jobs. It would be interesting to hear what they have to say if it was truly a representative group of chat moderators at the party. Somehow, I doubt many of them can afford the ticket price or can get away from the household they are responsible to maintain.
Why not a selection process that would allow some of the REAL chat moderators to be at the summit party? Why not pay their way or assist with that if you are so interested in hearing the front line truth about the status of bingo chat environments?
Get real! And that is the best advice I can hand out to secure a profitable and succesful future in the online bingo industry!