LIFT IS NOW A PART OF MILE MARKER
LendingClub was already America’s leading personal loan provider, but continued growth required stronger performance from two distinct audiences: new borrowers and current members.
• Increase new loan issuances through direct mail
• Build a stronger case for prospects to act
• Re-engage current members with greater relevance
The challenge was to make each communication more motivating without losing the clarity and credibility essential to a financial decision.
Four Tests. Four New Controls
Audience insights and our 8 Rules for Direct Mail Response shaped four challenger campaigns. Each one established a new direct mail control.
Emotional Benefits That Motivated Action
Stronger language and relevant emotional benefits made the value of a personal loan more immediate, lifting new-customer conversions 84%.
Winning Mailbox Ideas, Rebuilt for Email
We adapted the winning direct mail message for email, then used strategically segmented copy to make communications more relevant to current members.
More Value from Current Members
The harder-working email campaign increased repeat loan issuances 33%, extending the original creative into a new source of growth.