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Description:

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In July 1999, PricewaterhouseCoopers (PwC) signed a $200 million BPO
deal with Equifax, a world leader in information, transaction processing,
and customer relationship management. Under the 10-year agreement, PwC
assumed management of certain portions of Equifax's human resources administration
and finance and accounting functions.
The Equifax deal was a market breakthrough for PwC's fast-growing BPO
practice, and its genesis came from a simple search on the World Wide
Web. "Equifax called us up," recalls Joe Vales, managing director of global
BPO market development at PwC, "and they said, 'We've searched the Web
for BPO information and you are everywhere. We want to talk with you.'"PwC's
Equifax deal has since been dwarfed by even larger BPO contracts, including
a $625 million agreement with Nortel Networks and a $1.1 billion agreement
with BP Amoco (now BP). In these mega-deals, too, the Web has played an
important role. Indeed, as PwC has built its industry-leading BPO practice,
the firm's aggressive and creative use of the Web has demonstrated convincingly
that online marketing is fundamental to the future of selling even the
most complex, high-value professional services.
This Best Practice Case Study examines PwC's innovative, Web-based marketing
program. By delving into the strategy and tactics of the BPO marketing
team, this case details how PwC has used the basic tools of online marketing
to build a pervasive presence on the Web, to develop substantial thought
leadership in the BPO arena, and to use that leadership to win a series
of enormous, long-term contracts.
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