Cardlytics Partnership Increases Incremental ROAS 94% for Lulus
Based in California and serving millions of customers worldwide, Lulus develops styles with the customer in mind, using direct consumer feedback and insights to refine its products. As Lulus continued to grow their consumer base, they wanted to focus affiliate marketing efforts on driving new, incremental customers and leveraging more analytics and insights in their partnership strategy.
Discover how Acceleration Partners introduced Cardlytics to help Lulus achieve their customer acquisition goals, resulting in a 326% increase in sales driven QoQ.
RESULTS
As a result of AP’s creative strategy and the partnership with Cardlytics, Lulus was able to meet and exceed their KPIs for each quarter in 2021. The growth percentages and results, below, are based on a year-over-year assessment from Q2 2021 and Q2 2022 and are based on Cardlytics data and analysis and specific to the Cardlytics offer.
304%
increase in customers served in Q2
326%
increase in sales driven in Q2
94%
increase in incremental ROAS in Q2
After seeing the significant impact Cardlytics made towards Lulus’ goals, AP and Lulus extended the partnership into 2023. Provable results matter. Insights-driven strategies can help brands maximize their full customer potential. Cardlytics addressed both for AP and Lulus.
OUR APPROACH
The AP team introduced Cardlytics to help Lulus achieve their customer acquisition goals. Cardlytics is a trusted AP partner providing access to exclusive bank partnerships, massive scale, and consistent generation of incremental revenue. With visibility to in-market demand and the ability to shift consumer spending, Cardlytics was well suited for Lulus/AP’s strategy.
Based on insights uncovered by the AP and Cardlytics teams, recruitment and optimization strategies were developed to deliver on Lulus’ client acquisition goals to gain new customers:
- Recruitment Strategy
Cardlytics’ in-depth reporting showed where Lulus customers had been shopping. This shopping data was then used to refine AP’s recruitment lists for Lulus’ direct and indirect competition. This opened a new set of content partners for the brand that hadn’t previously been targeted. - Optimization Strategy
Cardlytics and Lulus’ promotional and product insights provided the data needed to create meaningful optimization campaigns with current partners to drive new customer sales.
Lulus, AP and Cardlytics collaborated on an extensive performance analysis of the program, leveraging Cardlytics transaction data to prove out incremental lift. iROAS was reported via a precise TvC analysis, revealing not only incrementality but also what served as the drivers of this revenue – increase in transactions, increase in basket size.
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