Customer 360 adds up to some very impressive numbers
“Using Snowflake and GrowthLoop have produced powerful results for NASCAR,” Damian stated. “We’ve built nearly 1,900 distinct audiences at scale — more than we ever could have previously, and many launched in under a minute. And because we’re no longer writing lines and lines of code, we’re saving about two hours of work per audience.”
That translates into more than 3,800 hours — or a whopping 475 workdays — per year, time they can now spend on building out predictive models, perfecting their customer 360 profiles with additional data sources, and honing Marve’s AI-generated segment suggestions.
Because content and offers are now accurately targeted, NASCAR’s opt-out rates have decreased by nearly 15%, while their click-through rates have increased by 0.5% year-over-year.
“We’re keeping our fans more engaged with our brand, our tracks, and our sponsors, even in real time, all while increasing the size of our database,” Damian reported. “We have what amounts to two-way communication with our fans, and there’s no better way to learn more about them.”
As diehard NASCAR fans know, there are races nearly every weekend — everything from short track to speedway — as well as a host of affiliated events.
“We needed a way to leverage all of that fan data, regardless of where it originated or what format it was in,” Damian concluded. “With Snowflake and GrowthLoop’s composable CDP, we can build granular audiences and target them accurately and consistently, measure the impact of those omnichannel campaigns and optimize them continuously in real time based on that impact.”