F E A T U R E D
P R O J E C T
C A S E
S T U D Y
How a Strategic
Reactivation Campaign
Decreased Inactive
Accounts by 32 % in Just
Two Months
S W I P E
F O R
M O R E
A process improvement initiative targeting
dormant/inactive accounts, with the aim to
reinvigorate client engagement and enhance
the financial standing of the organization. The
strategic direction of an account reactivation
campaign across various branches resulted
in a 32% reduction in inactive accounts within
the first 2 months.
O M
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Project Initiation
- Initiated an in-depth stakeholder analysis to
understand the implications of dormant
accounts and set precise project objectives.
- Established the project scope, centering on
the design and execution of an aggressive
account reactivation strategy.
- Formulated goals for the campaign:
1) To spool dormant/inactive accounts.
2) To design tailored re-engagement and
incentive programs for account holders.
3) Conducted sessions with branch managers,
customer service teams, and finance
departments to collect detailed requirements
and expectations.
B I
E U K P A
I F E O M A
F I N
Project Planning
- Drafted a project plan, outlining key activities,
milestones, and deliverables pertaining to the
reactivation campaign.
- Devised a communication workflow to keep all
branches synchronized in their approach to
engaging inactive account holders.
- Allocated resources judiciously, including
training for branch staff, marketing material, and
customer relationship management (CRM) tools.
- Instituted contingency plans to mitigate risks
such as non-compliance with regulatory
standards or counterproductive customer E
N
F I
responses.
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P A
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Project Execution
- Partnered with marketing to craft compelling
reactivation messages and incentives that
resonated with the target demographic.
- Drove the project according to the laid out
schedule, ensuring all teams across the branches
were in harmony to prevent customer experience
inconsistencies.
- Employed an agile approach, allowing for swift
modifications based on interim performance
analytics and stakeholder feedback.
- Established robust tracking mechanisms for reengagements and success metrics to assess the
effectiveness of the campaign tactics.
O M
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O M
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Key Achievements
-A 20% reduction in inactivity.
- Launched a standardized protocol for
proactively managing account lifecycles,
thereby reducing the likelihood of account
dormancy.
- Developed a real-time tracking dashboard
for branch managers to monitor reactivation
rates and other key performance metrics.
- Fostered a culture of continuous
improvement across branches, contributing to
a more dynamic and responsive customer
service ethos.
I F E O M A
F I N E
U K P A B I
F E A T U R E D
P R O J E C T
C A S E
S T U D Y
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