How a genuine warm welcome to new customers drove increased loyalty and sales
CHALLENGE
Insurance products are much the same in the eyes of consumers. However, NRMA offered a premium product but for a premium price - up to 18% higher. After purchase, many new customers felt buyer remorse. Unsure it was worth the expense.
SOLUTION:
Our new welcome program that validated the choice new customers had made, and demonstrated the differences in cover, service and experience that NRMA Insurance offered. More than a generic email, we created a genuine welcome program.
Staff members, the heart and soul of NRMA Insurance, became our ambassadors – translating their years of service and experience into meaningful differences for the customer.
Customer were provided useful information, tools and were welcomed both digitally (email and website) and via a physical welcome pack to create extra impact.
This was part of a larger lifecycle program we developed for NRMA.
RESULTS:
$4.7m in incremental sales.
Increased new customer retention from 91.2% to 97.5%
Increased cross sell rates by 62%
Lead capture of renewal dates doubled
Comms Strategy | Creative development | Email & DM