Increase customer retention and incremental revenue through identity theft and credit monitoring services.
Highlights
0%
increase in retention
$0K
more generated in household income per year
+0
additional banking products taken
Challenge
As one of the largest consumer banks in the Midwest with 1,100 branches in 10 states, this long-standing client holds around $410 billion in customer assets.
Client objectives included:
- Drive customer retention and provide additional value to customers
- Increase incremental revenue from existing customer base
- Increase brand preference for additional services (mortgages, loans, etc.)
Solution
By working with the client, we identified an opportunity to differentiate their offering to customers by including identity theft, credit management, and insurance-based benefits.
