Data Driven and Multi-Channel Digital Marketing Approach
Partner Type: A leading health insurance company in the USA.
Challenge: The Client wanted to optimize their CAC (Customer Acquisition Cost) with an increase in customer acquisition.
Solution: iSOCRATES came up with a comprehensive strategy that included data-driven marketing, advanced analytics, and personalized customer outreach.
Approach: A data-driven approach was taken to solve the client’s core pain point. On exploring the historical data of their existing clients, the iSOCRATES team identifies key demographics, purchasing behaviors and preferences.
Then this data was segmented into various customer personas, enabling targeted marketing efforts tailored to specific groups. Next, we have revamped client’s digital marketing campaigns across multiple channels like Search, Social, Display and Email where we have used the advanced targeting techniques like… look alike audiences, retargeting, personalized messaging to reach customers more effectively.
These targeting techniques help us to achieve high engagement and conversion rate.
Results: By leveraging the expertise of iSOCRATES and successful implementation of its recommended Digital Marketing strategy, the client has seen a significant growth of 31.33% in customer acquisition with 18% decrease in CPA.
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