SUCCESS STORIES

Retargeting campaign multiplies customer LTV

insurance services

Data-driven CRM strategy maximized customer retention and increased revenue per policy

This specialty insurer wanted to optimize a generic retention program that was targeting past customers on a one-size-fits all basis. Franklin Madison Direct launched a CRM strategy that segmented past customers based on customer RFM (recency, frequency, monetary) data. The communication timing, frequency and creative was then tested to optimize the program across customer segments to triple the insurer’s annual policies. In addition to the RFM campaign, FM Direct also built a nimble weekly mailing to retarget prospects who phoned the call center to receive a quote, but did not convert. The non-converter campaign now delivers the highest ROI of the insurer’s direct mail campaigns, generating $1.9M a year in top-line revenue.

The Problem

The insurer’s retention program lacked personalization, using a generic approach that failed to effectively re-engage past customers.

The Solution

FM Direct optimized retention efforts by using RFM data segmentation, tailoring communication frequency, and retargeting high-intent non-converting leads.

The Outcome

The strategy tripled annual policies, increased revenue per policy, and multiplied customer lifetime value.

insurance services

Our Impact

0

Increase in Revenue Per Policy

Personalized retention efforts boosted policy profitability.

0

Increase in Customer Lifetime Value

Segmented RFM data maximized lifetime value.

1

New Multi-Buyer Customers

Retention strategies converted past customers into repeat policyholders.

FM Direct’s strategists are timely and thorough in their analysis, and always offer a clear and professional explanation for their recommendations. They seek to truly understand our business.

Ryan Wilder, Sr. Marketing Strategist, SeQuel Response”

John, Director of Direct Marketing, Franklin Madison Direct Client

Precision targeting with advanced modeling

Franklin Madison Direct leverages proprietary modeling solutions to pinpoint high-value prospects and optimize direct mail performance. By analyzing transactional, demographic, and behavioral data, we build predictive models that identify audiences most likely to convert.

Our data-driven approach ensures brands reach the right prospects at the right time, improving response rates and lowering acquisition costs. Whether testing new segments or refining existing lists, FM Direct’s modeling expertise delivers more efficient and scalable direct mail programs.

Find your best prospects

Success Stories

Read our success stories to uncover how we’ve driven results for subscription companies like yours.

Modeling drives 50% AOV lift for home warranty brand

An established brand in the home warranty space had already experienced success with direct mail and wanted to elevate its mature program to new levels of growth. To continue to scale those wins, Franklin Madison Direct concentrated on routine data and format testing. A review of data suppression strategies identified 15% more records from the brand’s strongest prospect sources.

Read MoreModeling drives 50% AOV lift for home warranty brand

Investment brand unlocks high-quality leads with integrated direct response

After a successful launch into the mail channel, this meal delivery service was eager to maximize direct mail’s potential as a high-performing marketing channel. Franklin Madison Direct recommended merging the strengths of direct mail and digital advertising by reaching direct mail recipients through digital impressions before and during the mail delivery process via Surround™.

Read MoreInvestment brand unlocks high-quality leads with integrated direct response

BREAK THROUGH THE NOISE

Launch your next campaign with confidence

Start Your Test