In total, Cashrewards delivered over $1m+ in revenue for the eight months to August 31 2021, and delivered 5000 new customers to BoozeBud.
The return on ad spend was 629 per cent, and O’Connell says that Cashrewards has also proved to be one of BoozeBud’s “best-performing channels” in terms of cost per new customer, which was 10 per cent lower than forecast.
“A key reason for the partnership’s success was the agile and receptive approach from the Cashrewards team,” says O’Connell.
“Cashrewards has been fantastic. The team was super responsive to our ideas – no matter how big or small – and they came to the table with some awesome initiatives of their own.”
“Cashrewards is a very hands-on digital channel for us and super easy to work with. They’ve allowed us to test and optimise the channel to continue driving incremental efficiencies across the year,” says O’Connell, who adds that BoozeBud plans to continue its relationship with Cashrewards.
“It’s a channel that’s definitely worth testing. We’ve achieved some fantastic results together, and I see the relationship with Cashrewards continuing into the future.”