For eBusiness & Channel Strategy Professionals (Length: 5 pages)

November 5, 2008

Case Study: E-LOAN Finds Success In Targeting Application Abandoners

Communication Timeliness Is The Key To Success In Converting Abandoners

by Brad Strothkamp

with Carrie Johnson, Courtney Tincher


Executive Summary (This is a document excerpt)

E-LOAN is one of the few financial firms to take application abandonment seriously. Consumers who abandon applications receive two follow-up emails encouraging them to complete the process. The result has been a 28% increase in completed applications.

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Analyst: Brad Strothkamp
Technology: Channel Design Strategies, Customer Experience, eBusiness/eCommerce
Industry: Business-To-Consumer eCommerce, Consumer Financial Services, eBusiness/eCommerce Strategy, Financial Services, Financial Services Customer Experience, Online Financial Products & Services, Retail Credit
Geography: Asia Pacific, Europe, North America

Archived Teleconference:
Ten Tactics To Help Reduce Application Abandonment
Original air date: Tuesday, June 30, 2009
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Ratings and Comments
Rating: 9 out of 10
based on 3 ratings across all roles.
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