Buyer Protection

GM_BP-introChartThe Problem:
GigMasters is a 2-sided online marketplace.  Bookings were dropping slowly and consistently, and there was a perception of increased member leakage.  Is there a relationship to buyer protection awareness?

Tactics:
Surveys were crafted and sent to clients recently entering a request for service about their awareness of Buyer Protection services.  This was conducted as a longitudinal study, sending the survey out to new clients regularly to gather feedback.

Findings:
Awareness of Buyer Protection was steadily dropping, due a to number of reasons identified.  Once educated on this service, over 90% of clients indicated they would book within the system.

Results:

  • Conducted renaming assessment for Marketing Department that concluded in renaming the service.
  • Added Buyer Protection email into standard communication flow.
  • Placed educational info on Request Free Quote page, resulting in 38% less leakage in live tests.