Case Study
Major OEM
Problem:
A major OEM entered 2001 with its dealers holding a large backlog of unsold inventory inhibiting them from stocking 2002 models.
Solution:
The company ran three major promotions - all heavily promoted by Boats.com as well as other media, including newspapers and consumer magazines. These promotions were exceptionally successful, netting more than half a billion dollars in retail sales. Equally impressive were the rates at which responders were converted to buyers - proving that active boat buyers are using the Internet and Boats.com.
Results:
These promotions generated 400,000 consumer visits to the promotional mini-sites and 77,000 leads passed on to the OEM's dealers. The leads ultimately drove over $500 million in retail sales, of which 13% is directly attributable to Boats.com.
Overall
- 400,000 consumer visits to the promotional sites
- 77,000 leads passed on to dealers
- $500 Million in retail sales
- Boats.com drove 13%
Winter / Spring Promotion
- 30% of visitors generated a voucher
- 10% of those purchased a boat!
Spring / Summer Promotion
- 30% of visitors generated a voucher
- 25% of those purchased a boat!
Late Summer
- 7% of visitors generated a voucher*
- 27% of those purchased a boat!
*While a smaller percentage of visitors generated vouchers. The overall number of visitors was dramatically higher for this promotion than the others.
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