Case study
PossibleNOW achieved $9.2M in annual savings for their complex, multi-tiered retail customer. They reduced expenses by driving digital adoption leading to a corresponding decrease in print.
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Reduce Expenses
Retail Empire Saves Millions Reducing Print Expenses
Retail
$9.2M
in annual savings
PossibleNOW achieved $9.2M in annual savings for a complex, multi-tiered retail customer by driving digital adoption leading to a corresponding decrease in print.
Digital adoption
reduces print expenses for a multi-tiered retailer
Printer
13
Retailer overview: Our customer includes a variety of multi-channel retail brands and operational support companies. Their subsidiaries and affiliated companies deliver a wide array of products. In total, they offer ten distinct catalogues, including selections such as subscription food deliveries, apparel for women, lifestyle décor, seasonal trends, and more.
While digital shopping and subscription orders are part of the retailer’s strategy, they continue to spend millions of dollars on print catalogues and mailers. Identifying which product offerings and specific areas of interest their customers have is critical to their bottom line.
Program objectives:
The company started a pilot program that consisted of promotional communications including email, mail inserts, and website enrollment. After a successful start, they deployed the program at scale across the organization. This included tools and training for call center and support staff. As they promoted the program, digital adoption surged and print declined.
Since 2016, they have seen nearly 400K customers opt to move to digital catalogues and online ordering. With an average of 4 catalogs per customer per year at an average cost of $3.25, they achieved an annual savings of $5.2M.
PossibleNOW worked with our client to sort and identify unique customer personas with a specific focus on print suppression.
The accounting department was able to save almost $1.00 per invoice, resulting in $4m in annual savings since they began encouraging digital adoption in 2016.
Objective: Increase electronic delivery adoption for invoices