MaxDecisions, an analytics and predictive modeling company, announced achieving a 4% response rate in a direct mail campaign for a subprime lending client, described internally as an industry-first result.
The company’s founder said MaxDecisions is “constantly striving for analytical excellence in the areas of risk and response modeling.” The engagement covered a complete, custom solution spanning letter design, list selection, and proprietary risk and response modeling.
The campaign delivered a 20X increase in performance compared to the client’s prior direct mail efforts, motivating the client to make direct mail a continued priority for customer acquisition.
Since inception, MaxDecisions has worked with more than 20 online finance clients on direct mail solutions and credit risk modeling, serving subprime through near-prime lenders nationwide.
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