Get disengaged customers to come back to your institution with relevant, timely, and personalized offers

Life Cycle Stage

Attrition

Industry

Finance

Impacted Pages

Sitewide

Experience Type

Recommendations

Implementation Effort

Medium

Tags

Fintech
Who:

Leading fintech company

Strategy:

This leading Fintech company leveraged user predictive spend to identify and target customers who were likely to disengage from their card with relevant offers. By delivering personalized time-bound offers, this Fintech company was able to decrease and prevent attrition of customers who were previously at risk.

Get disengaged customers to come back to your institution with relevant, timely, and personalized offers Get disengaged customers to come back to your institution with relevant, timely, and personalized offers
Hypothesis:

Disengaged customers aren’t likely to return to an institution without a reason, and incentivizing spend is a strong motivator to continue using a card. By promoting personalized offers to customers at risk of attrition, fintech companies can expect to see reengagement from this audience.