​Mojo Power has sights set on disrupting the Aussie energy market

New innovation energy retailer is launching in Australia and wants to shift the focus to customer centricity

Innovation energy retailer, Mojo Power, is launching its brand in Australia and has its eyes on disrupting the domestic market with a more customer-centric focus.

The new model means customers sign up to a flat-rate subscription based on the level of service support required from Mojo. In doing so, they get access to energy at wholesale rates without any cost mark-ups.

According to Mojo’s CMO, Mark Khademi, the company’s key priority is providing the best service to customers, while helping them become more energy efficient. For those families with large electricity bills, that could mean substantial savings.

“Unlike existing electricity retailers, which make more money the more electricity their customers use, at Mojo, we don’t profit from energy consumption,” he told CMO. “We charge a flat monthly fee called an EnergyPass that allows customers to access our wholesale rates. For the first time, the interests of the retailer and those of its customers, to use less electricity and lower their bills, are completely aligned.”

Khademi claimed one of Mojo’s differentiators is this pricing offer, where the company separates the service provided from the amount of electricity used. This allows Mojo to offer a range of service levels for different types of consumer.

The company also plans to roll out Mojo-owned smart meters, which allow customers to see how much they’ve spent at any point in time.

“We can even predict how much your bill will be each month and Mojo can use this data as well to recommend the right tariff for each individual customer and to tailor specific solar and home battery storage technologies for every home,” Khademi said. “This is how we bring customer-centricity to energy.”

Why the traditional model is ready for disruption

Khademi anticipates this new customer focus will disrupt the energy sector, which he claimed has traditionally been more profit than consumer driven.

“Mojo is set to disrupt an energy category that for too long has been run in the interests of big businesses rather than the consumer,” he said. “At its core, the Mojo brand is about absolute alignment with its customers. But most energy retailers get this fundamentally wrong.

“While price will always be important, we’re trying to reinvent our category by introducing real differentiation through the data and insights we can provide, empowering our customers to make informed decisions about their energy use.”

As a young business, Khademi said just understanding who the brand’s ‘customer’ is can be a challenge.

“This is where we’ve focused much of our efforts to date,” he explained. “Carrying out analysis on the market, seeing how customers interact with the brand and our messaging whether it be online or in person.

“It's too easy as a business grows to get disconnected from your customers. In any business, I’d encourage everyone to spend some time every month on the frontline and speak to real customers. I’ve always found this an insightful way to understand some of the challenges your brand faces.”

Taking the brand to the next level across Australia

Mojo Power recently teamed up with creative media agency, Naked Communications, to help take its marketing mission and brand to the next level as it begins its launch journey across Australian states and territories.

“We are looking forward to working with Naked, whose passion and desire to challenge convention was clear in their pitch to us,” Khademi said. “Our ambition is to be Australia’s most trusted energy provider. We’re building a brand that is forward looking and that positions us to educate the market on the changes and opportunities that are approaching, such as home battery storage. We know we have a great business model, and now it’s time to build a great brand.”

Naked Communications’ managing director, Tim Kirby, saw Mojo’s inspirational vision as timely in an industry hungry for innovation.

“This is a category that is in desperate need of innovation, and the Mojo business model delivers exactly that,” he said. “So our task of launching the business and building the brand is an exciting one, and something we are getting stuck in to from day one.”

The brand will be launching to NSW customers over the coming months, before expanding to other states.

Follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, join us on Facebook: https://www.facebook.com/CMOAustralia, or check us out on Google+: google.com/+CmoAu

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Blog Posts

Designing for a cashless society

More movement has been made toward a cashless society recently, and already we are starting to see enormous implications across our society.

Katja Forbes

Founder and chief, sfyte

Setting advertising objectives for financial performance

I’ll often be talking to clients and at some point say, ‘the most important thing is justifying price’. Then moments later, ‘the most important thing is increasing the size of your customer base’.

Kyle Ross

Strategist, TRP

5 common mistakes to avoid in scalable customer experience

CX is about future-proofing your business by ensuring that your commercial model is always looped into your customers' needs, perceptions, values, beliefs, motivators, and detractors.

Tom Uhlhorn

Founder and strategy director, Tiny CX

Unfortunately, the title "AdTech Magic Quadrant" is misleading as it only represent a fraction of the ecosystem. It it is a useful docume...

Ludovic Leforestier

Report: Gartner recognises the best adtech players in Magic Quadrant

Read more

Thanks for writing about chatbots. Definitely bots have the exciting future when it comes to customer engagement, transactional and conve...

Giridhar Prathap Reddy

Australian Open chalks up strong ticket sales with chatbot

Read more

Hello, where are the explanations of all the levels explained? I'd like to review this with a couple of colleagues. Thanks.

Melinda Gonzalez

CMO launches CMO CX, debuts customer experience maturity assessment

Read more

A great and accurate commentary - today we rarely get true personalisation. On web journeys cookies or logins remember who we are, what w...

Ian Moyse

Salesforce: Personalisation is a long way off what consumers now expect

Read more

Very nice information !! We provide almost every indian satta matka games with fast results. Online Matka play becomes easy with genuine ...

rsgame

Image intelligence:10 must-see infographics for marketers

Read more

Latest Podcast

More podcasts

Sign in