use cases

Launch of the B2C selling channel “IMAWAY”

Objectives

  • Development of a B2C direct brand in the competitive online travel insurance market.
  • Sustainable acquisition costs and balanced go-to-market strategy in accordance with other IMA white-label and distributor carried out in the same market segment.

Progress status

Rolled out
  • Imaway was launched in 2016 on the Italian market, but a real focus was made only after COVID in 2022.

Work team

  • With External partners
  • Project Management: Project management: Marketing Dept – but different departments are asked to contribute.
  • External partner/team: Most services are outsourced as: IT development and maintenance; Adv Paid Media execution; SEO; Social; CRM implementation and support.

Work carried out to date

  • E-commerce website implementation
  • Effective selling process implementation
  • Product implementation
  • Claims portal implementation
  • CRM and customer support implementation
  • Social media channel activated (FB, IG, TikTok)

First Results & Lessons learnt

  • As a newcomer, competitive product in terms of pricing and guarantees is the key winning factor.
  • Social media are the best channel in order to raise awareness among young people.
  • Effective selling process is important for improving conversion rate.
  • Excellent customer care is a key winning factor in the b2c market

 

Difficulties encountered & Remainng Challenges

  • Highly competitive market led by comparison and low-cost actors.
  • Low brand awareness means higher acquisition costs.
  • Low customer loyalty
  • High brand awareness investments needed.
  • Leveraging adv costs with cost per acquisition

 

Interested?

Hear more about this use case during Plenary session n°1