How moneyinfo used Sopro to revolutionise their sales engagement and grow their sales team
Moneyinfo is a fintech firm specialising in mobile apps and client portals for the wealth management industry. Their innovative software allows wealth managers to offer a seamless communication solution.
Moneyinfo clients are able to offer their customers a branded client portal and mobile app that automates reporting and offers secure communications, bringing a better client experience for their customers.
Success metrics
Lead generation
Sopro generated over 2,300 leads for Cohaesus
Cost efficiency
Cost per lead ranged from £23 to £81, providing a significant return on investment.
Speed of messaging
The flexibility of the campaign allowed Cohaesus to pivot their business to adapt to the new conditions.
Major lead source
Sopro is a major and reliable lead source for Cohaesus, significantly contributing to their sales pipeline and overall growth.
Company
Website
https://moneyinfo.com/Location:
Warwickshire, UK
Product/Service
Fintech
Deal cycle
Various
Size
SME to Enterprise
Location
Worldwide
Role/Function
Senior roles
The challenge
Moneyinfo had previously relied on Sales Development Representatives jumping on the phones and cold calling prospects. They found it labour intensive, and ultimately not something that either the SDRs or the prospects enjoyed.
“Nobody really likes doing that these days. The recipients don’t particularly like it either. We found the Sopro approach is much less intrusive: a much more modern way of engaging with prospects, much more targeted, and we’re certainly seeing results.”
Sim Sangha, Business Development Director, moneyinfo
Our solution
Sopro worked with moneyinfo to identify their ideal clients and build a live list, before starting sales conversations with them over email. Regular review meetings cover each campaign in detail: fine-tuning the targeting, analysing the performance of the email templates, and covering conversion rates.
“With the input from the team, as well as the access to the technology, it’s a great win for everyone concerned.”
Oliver Jenkins, Head of Marketing, moneyinfo
The results
By the end of 2021, Sopro has delivered over 500 leads for moneyinfo, at a cost per lead under £40. The lead rate – ideal prospects who reply, wanting to talk sales – is at 7%.
Sopro worked with moneyinfo to identify their ideal clients and build a live list, before starting sales conversations with them over email. Regular review meetings cover each campaign in detail: fine-tuning the targeting, analysing the performance of the email templates, and covering conversion rates.
“The ROI from the Sopro campaigns were so effective that it gave us confidence as a business to take on an additional member of staff. We’re currently seeing a 7% lead rate – which is fantastic. Our sales team rock up to the office, open their inbox, and there are leads in there, ready to go.”
Oliver Jenkins, Head of Marketing, moneyinfo
Lead rate
After some early fluctuations of up to 23% lead rate, the lead rate for moneyinfo has remained around 7%, never dipping below 3.5%
All results
See the table below to check out the campaign results from start to finish.
Explore other success stories
Prime Fulfilment
Prime Fulfilment is an experienced fulfilment, mailing and distribution house specializing in pick and pack services with a particular expertise…
LSS Relocation
LSS help corporations and individuals relocate nationally and internationally across the world. As one of the industries longest established relocation…
Turnbull Ripley
Turnbull Ripley are a creative branding and digital agency built for business success. They deliver design solutions with real business…
Watch your sales grow
Discover how Sopro helps hundreds of businesses sell more. We do the hard work, so you can do your best work.
