Cannes Lions
D-LOGICA, Barcelona / BANCO SABADELL GROUP / 2006
Overview
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Outcome
The replacement process was implemented with no problems at all and with less time than the estimated one. A conversion rate of 57% was achieved on sales of new cards offered, rising up to 167% of the objective.
Reducing the initial campaign budget by 21%. The estimated income for the first year, provided by the use of new cards sold, generated a profit comparable to the pre period and yielding an ROI of 11 times the total cost of both replacement and the cross-selling campaign.
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