case study - national home service - redeveloping ... · case study national home service company...

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1 © Experian OBJECTIVE: Due to declining sales a national home services company wanted help redeveloping their acquisition strategy. SOLUTION: Our Custom Analytic team developed key customer segments as well as a comprehensive targeting strategy: § Distinct segments were created utilizing both RFM & demographic data: - South Atlantic Seniors & Established Families Once defined, customer groups were than targeted by modeling each segment separately for retention and separately for acquisition: § Retention – Prior South Atlantic Senior customers saw 60% of modeled targets within 30% of list (52% for Established Families). § Acquisition – South Atlantic Senior prospects saw 57% of modeled targets captured within 30% of list (56% for Established Families). RECOMMENDED: ROI from these targeting solutions would be further improved through tailoring the contact channel, creative treatment & list source § Established Families Direct Mail § South Atlantic Seniors Direct Mail, Online & Phone Case Study National home service company CHANNEL IMPACT: South Atlantic Seniors Call Center Inbound Leads Est. Change with BAU: 0.49% to 0.59% Direct Mail Buy Rate Estimated Change with BAU Quantity: 0.68% to 0.83% DISTINCT CUSTOMER GROUPS South Atlantic Senior 243% Customer likelihood in top 30% Established Families 237% Customer likelihood in top 30%

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Page 1: Case study - National home service - Redeveloping ... · Case Study National home service company CHANNEL IMPACT: South Atlantic Seniors Call Center Inbound Leads Est. Change with

1 © Experian

O B J E C T I V E : Due to declining sales a national home services company wanted help redeveloping their acquisition strategy.S O L U T I O N : Our Custom Analytic team developed key customer segments as well as a comprehensive targeting strategy:

§ Distinct segments were created utilizing both RFM & demographic data:- South Atlantic Seniors & Established Families

Once defined, customer groups were than targeted by modeling each segment separately for retention and separately for acquisition:

§ Retention – Prior South Atlantic Senior customers saw 60% of modeled targets within 30% of list (52% for Established Families).

§ Acquisition – South Atlantic Senior prospects saw 57% of modeled targets captured within 30% of list (56% for Established Families).

R E C O M M E N D E D : ROI from these targeting solutions would be further improved through tailoring the contact channel, creative treatment & list source

§ Established Families – Direct Mail

§ South Atlantic Seniors – Direct Mail, Online & Phone

Case StudyNational home service company

C H A N N E L I M P A C T : South Atlantic Seniors

Call Center Inbound Leads Est. Change with BAU: 0.49% to 0.59%

Direct Mail Buy Rate Estimated Change with BAU Quantity:0.68% to 0.83%

D I S T I N C T C U S T O M E R G R O U P S

South Atlantic Senior243% Customer

likelihood in top 30%

Established Families237% Customer

likelihood in top 30%