For Customer Intelligence Professionals (Length: 11 pages)

October 27, 2009

Case Study: ING Delivers Personalized Product Offers Across Channels In Real Time

This is the fourth document in the "Best Practices In Multichannel Marketing, Sales, And Service" series.

by Alexander Hesse

with Benjamin Ensor, Suresh Vittal, Courtney Tincher


Executive Summary (This is a document excerpt)

Dutch bank ING's marketing campaigns were losing effectiveness because many of them weren't relevant to the bank's customers. The bank's organizational structure, processes, applications, and heavy reliance on direct mail were not meeting the needs of a multichannel bank with a strong Internet focus. By implementing a centralized campaign management program that creates personalized offers in real time and can deliver them through multiple channels, ING increased average campaign response rates and expects to reduce its direct marketing costs by 35% per year. ING's case shows customer intelligence professionals who want to go through a similar effort that clear top-level sponsorship, involvement from stakeholders from multiple functions, and effective change management are key to a successful implementation.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemSituation: ING Wanted To Revamp Its Direct Marketing Program

itemBest Practices: ING Built A Centralized Cross-Channel Marketing Program

itemResults: ING Has Cut Costs And Increased Response Rates

itemNext Steps: ING Will Refine Message Relevance And Add Other Channels

recommendations

itemCentralized Cross-Channel Marketing Is A Companywide Effort

Forrester interviewed vendors and user companies, including ING and Unica, for this document.

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Analyst: Alexander Hesse
Technology: Brand Strategy, Direct Marketing, Marketing & Advertising, Marketing Organization & Culture, Marketing Planning
Industry: Consumer Financial Services, Consumer Industries, Financial Services, Financial Services Marketing, Retail Banking
Geography: Europe