
Oil and GasApr 29, 2021
Customer behavior and equipment requirement for a leading oil and gas equipment manufacturer
Objective
An oil and gas equipment manufacturer wanted to assess customer need for multiple user segments The client also wanted to understand the drivers of adoption for the brand, reasons for churn, and improvement areas to re-establish engagement
Methodology
- Surveyed 300+ drilling contractors, EPC companies, Oil field services companies, and Pipeline companies in India, Southeast Asia, and MENA
- Conducted 20+ in-depth interviews with churned users to understand factors of promotion/detraction and key pain points with the existing products used
- Analysis of various use cases, type of equipment required, avg. spend on equipment for sub-segments based on geography, placement in the value chain, the scale of the company
- Willingness to pay was analyzed for key service parameters for different customer archetypes
Impact / Outcome
- Oil and gas industry participants segmented into archetypes and drivers/barriers of adoption
- Key identifiers of churn and initiatives that could re-establish engagement were also identified




















