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Company: John Deere Credit
Programs: Travel
Program Types: Dealer Distributor
Program Details: John Deere agricultural dealers sell and service equipment and parts. Loans and leases through the company for these items generate profit and build brand loyalty. So it was logical that John Deere's first credit-related promotion would be designed to increase credit/lease acceptances, market share, and brand loyalty. To achieve these goals, MotivAction, the Minneapolis incentive marketing company, developed the "Great Alaskan Adventure," an eight-day/seven-night cruise. The program included monthly and quarterly benchmark goals to help dealers develop consistent recommendation habits for the company's credit product. John Deere managers visited each dealer to encourage participation. Video, print, and interactive communications were also used to motivate participants.
Objective: To achieve these goals, MotivAction, the Minneapolis incentive marketing company, developed the "Great Alaskan Adventure," an eight-day/seven-night cruise. The program included monthly and quarterly benchmark goals to help dealers develop consistent recommendation habits for the company's credit product. John Deere managers visited each dealer to encourage participation. Video, print, and interactive communications were also used to motivate participants. Increase credit/lease acceptances, market share, and brand loyalty.
Supplier: MotivAction (Minneapolis, MN)
Results: The program, which was a resounding success, generated the following results: *Overall annual performance of all 1,132 John Deere dealers jumped 19% over the previous year. *Award trip winners realized a 49.8% increase over the previous year's financing with John Deere Credit. *39% of enrolled dealers earned the award trip for two. *67% of qualifying dealers exceeded sales goals enough to earn a second award trip for two. *Market share increased substantially.
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