Smashing industry benchmarks with end-to-end digital marketing
Deliverables
- Marketing automation
- Digital marketing assets
- Visual concepting
Long story short
Luxid supported Outokumpu’s move away from traditional marketing to adopt a new data-driven approach. It involved creating an email nurturing campaign to target higher-quality leads as well as a variety of new digital campaigns aimed at generating more sales.
About Outokumpu
Outokumpu is a leading steel manufacturer in the mining industry with ambitions rooted in a circular economy to fight climate change. It is the most sustainable stainless steel producer in the world. Outokumpu wanted its message to spread to more potential customers and sought help from Luxid to develop its marketing and data strategy.
Challenge
Outokumpu required a new, efficient way to reach more of the right clients while being able to measure its marketing efforts more accurately. The company needed to pivot away from traditional marketing strategies and move into the digital realm, but it lacked the tools and capabilities.
Solution
Luxid supported Outokumpu’s long-term approach to developing its marketing ecosystem. We helped it boost efficiency by adopting different forms of automation in the marketing pipeline.
With data now at the centre of every campaign, we built user-friendly dashboards to monitor a variety of metrics from multiple channels. These multi-channel campaigns were made up of creative concepts and purposefully designed assets. Finally, we curated a roadmap for different email nurturing flows triggered by gated content on various channels.
Results
Today, Outokumpu is at the forefront of digital marketing for B2B manufacturing.
Nurturing email results as bullet points:
- 39.05% average unique open rate vs 12.2% global industry benchmark
- 19.82% average click-to-open rate vs 11.95% global industry benchmark
- 7.74% average unique click-through rate vs 1.49% global industry benchmark
- Unsubscribe rate: 0%
7385
Leads generated between June 2021 and May 2022
3388
Leads converted to sales between June 2021 and May 2022
231%
Increase in the potential volume of sales in 2021
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