Amar Bank’s Customer-centric Campaign Performs 8.5x Better than Industry Average
Find out how Amar Bank leveraged MoEngage's detailed segmentation capabilities for their email and push campaigns to observe an overall increase in engagement, retention, and conversions.
Using MoEngage, we’ve been able to adopt AI technology to encourage our customers to go digital, adopt healthy saving habits, and make better financial decisions. We’ve also been able to better map the customer journey, providing a seamless experience, easy solutions and be closer to our customers, resulting in a 2x boost in customer engagement.
The challenge was to increase overall engagement and conversions while trying to better understand their customers' affinities.
Amar Bank adopted an insights-led approach to engagement and adopted MoEngage's AI-enabled technology with email and push notifications. This helped them better understand their customers, leading to an increase in overall performance.
With MoEngage, Amar Bank was able to build an omnichannel strategy on top of a customer-centric, insights-led approach to engagement and:
- Significantly lower turnaround time to set up and deploy campaigns
- Segment their customers and prospects based on recency, frequency, and monetizability
- Analyze and optimize their campaigns in real-time
- Position themselves as a digital-first bank in the minds of the consumers
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