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Peak > Case Studies > Predictive Analytics Boosts Sales and Reduces Costs for Regit
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Predictive Analytics Boosts Sales and Reduces Costs for Regit

 Predictive Analytics Boosts Sales and Reduces Costs for Regit - IoT ONE Case Study
Technology Category
  • Analytics & Modeling - Machine Learning
  • Robots - Autonomous Guided Vehicles (AGV)
Applicable Industries
  • Automotive
  • Education
Applicable Functions
  • Sales & Marketing
Use Cases
  • Predictive Maintenance
  • Vehicle Performance Monitoring
Services
  • Data Science Services
The Challenge
There was a challenge in predicting which users were likely to change their vehicle and when, resulting in missed sales opportunities.
The Customer

Regit

About The Customer
Regit, formerly Motoring.co.uk, is the UK's leading online service for drivers. They generate leads for companies in the automotive industry and provide various services to their 2.5 million users.
The Solution
Peak used their AI platform to analyze user data, website data, marketing data, and data from the DVLA to create predictive models. These models helped identify users with a high likelihood of changing their vehicle, allowing Regit to target them with personalized offers.
Quantitative Benefit
  • The 27% increase in sales within just 30 days was a significant quantitative benefit for Regit.

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