Case Study: HBOS
"Since launching our programme with OMG in June 2008 we have seen our volumes
grow month on month."
"OMG's dedication and attention to detail ensure that our campaigns maintain
momentum and deliver to target. The opportunities that they bring to the table
have created a sustainable proposition now central to our marketing mix."
Hannah Turner, HBOS Credit Cards
Background
Halifax Bank of Scotland (HBOS) began working with OMG in June 2008, having
previously used another affiliate network.
Strategy
Following a smooth and successful migration, we began to consider how we could
improve service, deliver more quality customers and achieve growth in the highly
competitive credit card market.
The first step was to develop our understanding of the affiliates who had
previously worked on the campaign, their traffic-generation methods and any
obstacles to their success. In parallel, we carried out an extensive search for
new affiliates who could successfully promote the HBOS brand and drive quality
volume within the client’s target CPAs.
We also wanted to be sure that we were delivering customer quality as well as
quantity. By analysing HBOS customer data, we could build up a detailed picture
of the entire customer journey, from search to sale, and see which affiliates
were driving the most valuable customers.
Results
Almost immediately, the campaign began to exceed HBOS’ volume targets. By Q4
2008, HBOS had seen a 40% increase in revenue on that delivered by their former
network the previous year.
Targeting refinements delivered an increase in accepted applications of around 30%.
We continue to work closely with HBOS to understand their objectives and deliver
volume through a variety of channels, aiming for a sustainable programme that
delivers quality traffic as well as volume.
| Client: |
HBOS Credit Cards |
| Product: |
Halifax All in One Card, Bank of Scotland All in One Card |
| Start Date: |
June 2008 |
| Objectives: |
Transition management Generating growth from existing affiliates New affiliate recruitment |
| Results: |
Successful migration Revenues increased by 40% Accepted applications increased by 30% |
'Clients such as HBOS, who already have high-volume campaigns, appreciate our professional approach to migration process. Building on that initial success, we’ve continually refined and developed their campaign, delivering spectacular growth while still maintaining quality.'
Carla Arrindell, Client Services Director