CASE STUDIES

CASE STUDY #1

Increased Close Rate by 39% through Omni-Channel Marketing

 

WHAT WE DID

After analyzing sales lag for our client, SI EQ identified leads were taking between two and four weeks to purchase after a conversion. We hypothesized that advertising to contacts during this two-to-four week decision could increase close rates. Utilizing contact data from our CRM - Nurture - SI EQ developed a campaign in which post-conversion contacts would be entered into a high-frequency Display audience during the purchase process. SI EQ developed unique messaging to help reinforce the purchase decision.


HOW IT WORKED

In order to prove campaign efficacy, SI EQ analyzed changes in two key metrics - close rate and time-to-purchase. A  period-over-period comparison yielded promising results - a 39% increase in close rate, from 10.0% to 13.9%. In addition,  time-to-purchase decreased from a 2 week average to 5 days. 

Time-To-Purchase

5 Days

Close Rate

39%

CASE STUDY #2

Drove Sales through Marketing Experiment with John Deere

 

WHAT WE DID

In November 2020, SI EQ was approached by our client and representatives from John Deere’s North American marketing teams and given access to experimental audience data. In addition, SI EQ was tasked with promoting

and selling a historically low sales volume and relatively unknown model of Compact Tractor in Q1 with 2 weeks to prepare the launch of the campaign. 

SI EQ developed a marketing plan and strategy utilizing the experimental audience data, as well as test cases to prove or disprove the efficacy of the data. In addition, we developed unique messaging and creative to promote the requested equipment.


HOW IT WORKED

After just nineteen days of the campaign, our client made SI EQ aware that all but 11 pieces of equipment had been sold, meeting and surpassing the client’s sales goal for this campaign.

In addition, SI EQ gained valuable insight into the audience characteristics of our client through the experimental audience data. SI EQ determined this data was substantially more effective than the control group, and applied those findings to future campaigns for our client.
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