Impact
Overall company sales increased after introducing Contractor Rewards, but sales among participants were up 11%.
Industry
Manufacturing
Problem space
Customer loyalty
Services
Building supply
Rewards marketplace
Build loyalty, boost sales
A manufacturer that builds products used in exterior construction was looking to grow its nationwide sales through distributors that are typically brand-exclusive. This audience is made up of builders, remodelers, and installation contractors.
Incentivizing growth
We started them in the Contractor Rewards program, where contractors earn points as they purchase participating products. These points are then redeemable for thousands of items in its Rewards Marketplace or online rewards catalogue. The client launched this program in a geographic test market, and because of the strong results, they were able to launch nationally months ahead of schedule.
Turning engagement into revenue
In the test market, participant sales grew 20% more than sales from non-participants. After launching nationally, the client saw sales up 11% among participants. In that same time period, overall company sales were up 4%, showing that the participant sales were nearly triple compared to the overall company sales.
There were two short-term promotions that yielded amazing results. One promotion to active customers resulted in a 750% return on investment (ROI). Another promotion to lapsed customers led to 5% reactivating and a 6,000% ROI.
Thought Leadership
Learn from the best. BIW thought leaders bring you a deeper look at the business of inspiration.
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Case Study
Winning over brand-loyal distributors
A construction product manufacturer boosted nationwide sales and loyalty through the Contractor Rewards program, where contractors earned points for purchases. The test market saw significant growth, leading to a national launch. Strategic promotions further enhanced revenue. See the full results.
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Case Study
Unlocking success in the economy beer market
A large beer manufacturer aimed to gain market share in the Economy beer segment by motivating Distributor Sales Representatives (DSRs) to set up retail displays. Using a rewards-based incentive platform, DSRs submitted display claims and earned points. The program led to a significant increase in claims, doubling the number of cases sold and achieving a 4:1 ROI. Discover the full story and results in our case study.
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Case Study
Banking client turnover: A targeted approach
A financial services firm aimed to reduce client attrition and drive growth by engaging business banking clients through personalized outreach and data collection. A multi-touch reengagement campaign targeted C-suite decision makers, combining emails, direct mail, and surveys with rewards. The campaign identified 134 new opportunities, generated over $1.6M in new business, and achieved a 17:1 ROI. Discover the full story and results.