Executive summary
Client background
Our client delivers comprehensive e-commerce and subscription management solutions designed to monetize digital goods, online services, and SaaS in diverse sectors. They provide a cloud-based e-commerce platform that streamlines recurring billing, enhances customer experiences, and encompasses worldwide compliance and payment functionalities.
Business challenge
The client offers businesses an e-commerce platform that comes with a marketing email campaign feature. They aimed to boost its capabilities by introducing features for customer segmentation, precise churn rate prediction, and creating personalized marketing campaigns.
Value delivered
By successfully implementing Machine Learning models into the e-commerce platform, we helped the client enhance their service offering. As a result, they experienced improved customer retention and acquisition, leading to a boost in their overall profitability.
Success story in detail
Our client wanted to improve the effectiveness of the email marketing campaign feature of their e-commerce platform. The main requirement was to integrate Machine Learning models to analyze the likelihood of a customer canceling their subscriptions. This would enable e-commerce platform users to send effective personalized email campaigns, increasing their customer retention.
Also, the company aimed to enhance the efficiency of creating marketing campaigns by implementing automation, thereby reducing a substantial portion of the manual work previously needed.
- Automated marketing interventions for user segments based on subscription churn probabilities;
- Enabled client segmentation that increases customer retention rates with personalized marketing activities and, subsequently, boosts revenue;
- Reduced maintenance costs and made the system more flexible by migrating to the AWS stack;
- Improved operational efficiency and customer experience by implementing a template manager that allows to quickly create targeted email campaigns without requiring a significant amount of manual work.