Upload
rdeutsch
View
2.344
Download
2
Embed Size (px)
Citation preview
Campaign Objective: Acquire new Mint.com users at little or no cost.
Campaign Strategy: Email to engaged users asking them to recommend Mint.com to their friends. Tap into social media networks to facilitate referrals.
Key Metrics Tracked: Open rate, percent of users inviting friends, percent of friends becoming users.
Definition of Success: Less than $1 CPA
New Customer Acquisition Case Study
Market Research Drove Campaign Design
Test Social Motivators
Mint.com launched an Influencer program designed to drive new user registrations.
Ran an A/B Test using three different offers:
1.A free iPod2.Early Access to a Beta3.Nothing (Control Group)
The Winner deployed to the remainder of the list.
…and Social Influencer allows brands to test motivators
4
Streamlined Sharing Drove Higher Invites Per User
• 48% Open Rate
• 10% of the recipient list became influencers
• Each Influencer sent 5 invitations on average
• Generated 2.6 new users for every 1 invitation.
• Average CPA: $0.50
• 40,308 invitations netted an additional 8,549 new accounts
One mailing drove a 44% lift in New Users versus prior week
The Campaign Results