Gina Bley: Marketing Expert & Change Specialist

Mailing Campaign

Generating Sales through Cold Leads

What I did

Design

When I joined this lender – specialising in funding small to medium-sized e-commerce businesses in the UK – I had one core objective: drive more leads and sales. As the first marketing hire, I handled both strategy and execution, meaning I had the freedom (and responsibility) to experiment with different acquisition channels. One of them was direct mail.

So, after getting the green light from the team, I set to design a compelling, conversion-driven letter. I idea stemmed from something I heard repeatedly while listening to customer calls: “We’re like your credit card. Use it when you need it.” That became the foundation of the campaign’s messaging. 

To keep the cost down for this initial test, I integrated a credit card visual directly into the letter, rather than including a separate card or additional print material. The rest of the content was crafted with input from the sales and product teams, ensuring we hit the right pain points while keeping things clear, concise, and compliant (yes, even the legal bits).

Send-Off

With everything in place, it was time to launch. Instead of targeting existing contacts, we took the cold leads approach – choosing prospects who had never engaged with the company before. This made tracking results even more valuable, as any conversions would be purely campaign-driven.

We sourced leads from multiple channels, ensuring we reached businesses that fit our ideal customer profile. To handle printing and distribution, I partnered with a third-party mail provider, which also offered some basic tracking analytics.

Within a week, the first letters arrived. Now, all I had to do was wait and watch.

Analysis

To track engagement, I created a dedicated landing page for the campaign. This allowed us to monitor interest, collect leads efficiently, and measure real-time response.

The moment the letters started hitting the desks, I monitored landing page visits in real time, tracking how recipients interacted with the campaign. Over the next four weeks, I compiled a detailed performance report, covering:

  • total letters sent vs. letters received
  • landing page traffic, time spent, & drop-off rates
  • conversion rate from visitors to leads
  • conversion rate from leads to sales
  • return of investment (ROI)
 
With a conversion rate of 2.1% and an ROI of 4 times the initial investment, the campaign proved that cold mailing can work – even in fintech.

Industry:

Company Size:

Market:

Company Revenue:

Fintech

11 – 20

United Kingdom

unknown