Close Brothers

A re-designed welcome journey that saved £270k.

Background

Close Brothers is a leading UK merchant banking group. They noticed that their original customer welcome pack was leading to 10% of credit agreements being completed incorrectly. And this meant higher processing costs for the business.

The solution

The business improved their welcome pack with a simple re-design – altering the structure of information, adding clear calls-to-action, as well as data-driven personalisation.

The results

By optimising their Business Mail, Close Brother have seen incredible results. From a re-design investment of just £10k, incorrect applications have reduced from 10% to 3%, which delivers annual savings of £270k.

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