Daily Steals generates $450K in profit for every 1M transactions with Rokt Ecommerce
Find out how Daily Steals, a leading online deals retailer, generates $450K in profit for every 1M transactions with Rokt Ecommerce in this case study.
revenue per 1M transactions
positive engagement rate
The Challenge
Daily Steals, a leading online deals retailer, was looking for new ways to increase margin without raising prices for their customers. They had tried a rudimentary solution to provide offers to customers post-transaction, but the offer got stale quickly and was too manual for their team to update.
Rokt Ecommerce provided a solution powered by machine learning that ensures each offer is relevant to each customer, delivering better customer experiences and a significant uplift in revenue automatically.
With Rokt, Daily Steals was able to:
- Generate additional profit while maintaining cart conversion rates
- Deliver personalized, relevant offers to their customers from premium brands
- Reduce the internal effort and workloads
Key Results
Due to the relevancy that Daily Steals could now deliver with Rokt, their new personalized, dynamic offers immediately outperformed their previously solution, delivering on average of $450,000 in net revenue for every one million transactions.
Unlike the single-offer experience before, Rokt Ecommerce continued to engage repeat customers – and continued to deliver revenue. Best of all, there was no manual effort for their team to maintain the platform or their experiences.
Moving forward
As Daily Steals / SnapCommerce expands its consumer offerings, they plan to use Rokt to not only deliver revenue, but also as a tool to acquire new customers and drive adoption of their own products.
