Case Studies

    Coop Pank: A Success Story

    5 min read
    Coop Pank: A Success Story

    Coop Pank aimed for a 20% growth in consumer loans for 2023, navigating a challenging market. Learn how they surpassed their goal by 26% while using 0.5% less budget.

    banking
    case study
    Coop Pank
    consumer loans
    growth

    Background

    Coop Pank aimed for a 20% growth in consumer loans for 2023, navigating a challenging market with increased competition and rising media costs. Despite these hurdles, they were determined to achieve their ambitious sales targets.

    The Results

    Partnering with Analytical Alley brought a dramatic shift in Coop Pank's marketing approach. Using advanced dynamic modelling, Coop Pank gained a holistic view of their marketing efforts. This new perspective allowed them to:

  1. Optimize Media Spend: Increased media efficiency by 38%.
  2. Boost ROI: Online funnel ROI surged by 107.1%, and offline ROI grew by 22.8%.
  3. Achieve Greater Growth: Surpassed the 20% growth goal by 26%, with the market growing just 7.5%.
  4. Expand Market Share: Grew 3 times faster than the market, using 0.5% less budget than the previous year.
  5. Maximize Media Impact: Enhanced synergy between products, boosting media influence on consumer loans by 87%.
  6. The Situation Before

    Before partnering with Analytical Alley, Coop Pank's marketing was a shot in the dark. They had no clear view of where their money was going or which strategies were effective. This led to inefficiencies and wasted budgets. Additionally:

  7. Cooling Macroclimate: The economic environment was less favourable.
  8. Increased Competition: Competitors ramped up their media activities.
  9. Media Cost Pressure: Rising costs for media placements squeezed the budget further.
  10. Why It Matters

    Without a holistic view and precise measurement, marketing efforts are like throwing money to the wind. Analytical Alley provided detailed analysis and constant optimization, ensuring every dollar counts and every strategic decision is data-driven.

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