Case Study: Vanquis
'In the past three years of working with OMG we have seen significant and sustained benefits to our campaigns
and always found them to be proactive, professional and friendly to work with.'
Stuart Moffat, Online Marketing Executive, Vanquis
Background
Vanquis’ typical customers are consumers with poor credit ratings, lack of credit
history or low incomes – they have a very different profile from those who apply
for cards with more standard acceptance criteria.
Strategy
Starting from an understanding of Vanquis’ customer base, we began our campaign
by selecting affiliates who were in a position to reach their specific segment
of the financial services market. Since launch, we have built up a strong base
of affiliates who can match this precise targeting.
We firmly believe that every affiliate needs to be treated differently. Applying
this to Vanquis, we made recommendations for several bespoke-commission deals.
These generated more high-quality volume from selected affiliates while ensuring
that the client’s CPA targets were still met.
We have strong relationships with two affiliates who have achieved great success
promoting via Facebook, the leading social networking site. Facebook ads can be
targeted on keywords or on profile information such as age, location, occupation
and interests. By sharing information on target customer profiles with our two
key affiliates, we allowed them to optimise their promotional approach and
further increase the number of accepted applications.
Results
As a result of our social media approach, successful applications from SM
affiliates increased by 85% year-on-year.