SlideShare a Scribd company logo
This is a story about how a wallet company
uniquely engaged its existing users and
roped in new customers
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Mobile wallet business is no easy task
Wafer thin margins
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Mobile wallet business is no easy task
You
Competition
www.netcoremarketingcloud.com
Stiff competition
CASE STUDY OF
@SitaSpeaks
Mobile wallet business is no easy task
Cash
Mobile
Wallet
www.netcoremarketingcloud.com
Slow adoption
CASE STUDY OF
@SitaSpeaks
The way forward
Attracting right customers
(the ones that will actively transact)
Minimizing churn
(keeping them engaged and happy)
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
How we did it..
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Walkmans iPods
Our inspiration for the idea
All these became trends and won immense popularity with the
help of influencers
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Influencers who had the power to sway customer behaviors
and decision making
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
So our idea was to plan a referral email program
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
So our idea was to plan a referral email program
Who best than
to nudge you to change your habits
(migrating from cash to wallet experience)
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Adding a touch of innovation
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Referral programs are
effective and boring fun
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
(Subscribers wouldn’t mind a little
help from the brand to prank friends
and family)
www.netcoremarketingcloud.com
Email
subscribers to
throw a surprise to
their friends on
April Fool’s Day
CASE STUDY OF
@SitaSpeaks
The works
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Email to Subscriber:
Subject Line : 😎What's Your April Fool's Day Plan ?
Special character in subject line and gif in Call-to-action was
used for the first time by Mobikwik
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
The landing page
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
Email to friend:
Subject Line : Hi [FRIENDSNAME], [NAME] has credited your
Mobikwik wallet
Double personalization in subject line to build trust and
encourage email opens
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
www.netcoremarketingcloud.com
The landing page (to friend)
CASE STUDY OF
@SitaSpeaks
www.netcoremarketingcloud.com
netCORE helped us stay unique in the
crowded inbox and improve customer
engagement. With this innovative referral
campaign, we managed to win the
highest form of customer loyalty and love
– of being brand advocates
Akash Gupta
GM Marketing, MobiKwik
CASE STUDY OF
“
@SitaSpeaks
The Results
www.netcoremarketingcloud.comCASE STUDY OF
@SitaSpeaks
• Enhanced engagement from existing subscribers: Achieved a never before response
with 266% increase in email click rates and 38% increase in open rates
• Quality leads: By targeting the right database to ask for referral, we were able to get the right
quality of leads – the ones that are willing to transact
- Sharing rate (percentage of subscribers who referred) was 1.24%
- Referral conversion rate (percentage of friends who convert) was close to 1%
• Reduced cost of acquisition drastically: This campaign yielded the lowest cost-per-lead
for the brand (Source: Client)
www.netcoremarketingcloud.comCASE STUDY OF
The Results
@SitaSpeaks
www.netcoremarketingcloud.com
Build your own Success Story.
We are here for you.
@SitaSpeaks

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Email Marketing by Payment Wallet Industry

  • 1. This is a story about how a wallet company uniquely engaged its existing users and roped in new customers www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 2. Mobile wallet business is no easy task Wafer thin margins www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 3. Mobile wallet business is no easy task You Competition www.netcoremarketingcloud.com Stiff competition CASE STUDY OF @SitaSpeaks
  • 4. Mobile wallet business is no easy task Cash Mobile Wallet www.netcoremarketingcloud.com Slow adoption CASE STUDY OF @SitaSpeaks
  • 5. The way forward Attracting right customers (the ones that will actively transact) Minimizing churn (keeping them engaged and happy) www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 6. How we did it.. www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 7. Walkmans iPods Our inspiration for the idea All these became trends and won immense popularity with the help of influencers www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 8. Influencers who had the power to sway customer behaviors and decision making www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 9. So our idea was to plan a referral email program www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 10. So our idea was to plan a referral email program Who best than to nudge you to change your habits (migrating from cash to wallet experience) www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 11. Adding a touch of innovation www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 12. Referral programs are effective and boring fun www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 13. (Subscribers wouldn’t mind a little help from the brand to prank friends and family) www.netcoremarketingcloud.com Email subscribers to throw a surprise to their friends on April Fool’s Day CASE STUDY OF @SitaSpeaks
  • 15. Email to Subscriber: Subject Line : 😎What's Your April Fool's Day Plan ? Special character in subject line and gif in Call-to-action was used for the first time by Mobikwik www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 17. Email to friend: Subject Line : Hi [FRIENDSNAME], [NAME] has credited your Mobikwik wallet Double personalization in subject line to build trust and encourage email opens www.netcoremarketingcloud.comCASE STUDY OF @SitaSpeaks
  • 18. www.netcoremarketingcloud.com The landing page (to friend) CASE STUDY OF @SitaSpeaks
  • 19. www.netcoremarketingcloud.com netCORE helped us stay unique in the crowded inbox and improve customer engagement. With this innovative referral campaign, we managed to win the highest form of customer loyalty and love – of being brand advocates Akash Gupta GM Marketing, MobiKwik CASE STUDY OF “ @SitaSpeaks
  • 21. • Enhanced engagement from existing subscribers: Achieved a never before response with 266% increase in email click rates and 38% increase in open rates • Quality leads: By targeting the right database to ask for referral, we were able to get the right quality of leads – the ones that are willing to transact - Sharing rate (percentage of subscribers who referred) was 1.24% - Referral conversion rate (percentage of friends who convert) was close to 1% • Reduced cost of acquisition drastically: This campaign yielded the lowest cost-per-lead for the brand (Source: Client) www.netcoremarketingcloud.comCASE STUDY OF The Results @SitaSpeaks
  • 22. www.netcoremarketingcloud.com Build your own Success Story. We are here for you. @SitaSpeaks