bluecycle.com Case Study 2
Intellegentia’s Client, bluecycle.com wins another two awards:
Most Effective Direct Marketing Campaign award, 2007.
Judges’ Award for Best Consumer Insight award, 2007.
bluecycle’s main challenge was to create a marketing strategy to achieve maximised auction returns. Our analysis of 350,0000 auctions helped us develop the segmentation strategy and formed the insight for an effective targeted email campaign.
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Explains Vibha.
Using Intellegentia’s email marketing services and technology we were able to send unique messages to a targeted set of customers, using only one email broadcast, which in turn led to a reduction in customer acquisition costs of 80% and an increase in bidder activity by over 32%.
The results proved that our strategy, implemented with Intellegentia’s technology, solved our main challenges.
- Direct targeted marketing email campaigns have increased click-through rates by 14 times more than previous generic ones and even reactivated 15% of our lapsed customers.
- A 6.3% increase in unique bidders per auction.
- The capability of Intellegentia’s email tool increased employee productivity eightfold.
- Intellegentia’s email tool also monitored our bounce rate, which prompted a data cleansing exercise.
Awarded by the Financial Services Forum.
Vibha Sridhar, Market Making Manager
bluecycle’s main challenge was to create a marketing strategy to achieve maximised auction returns. Our analysis of 350,0000 auctions helped us develop the segmentation strategy and formed the insight for an effective targeted email campaign.