Challenge
Novalnet, a leading provider of tailored payment solutions, had established a strong presence in the German market with its data-driven approach to maximizing payment acceptance and boosting conversions. However, they faced a critical challenge: expanding their reach into new international markets required expertise they didn't have in-house.
Solution
Partnering with Lexi, Novalnet implemented a hybrid approach that leveraged both artificial intelligence and human expertise. This strategic combination allowed them to:
Deploy targeted outreach campaigns on professional networks
Utilize data-driven insights to identify and engage potential clients
Scale their outbound efforts while maintaining personalization
Implement Lexi's proven human + AI intelligence framework
Results
The partnership with Lexi delivered remarkable results across key performance indicators:
Strong Lead Qualification Performance
Achieved a 53% conversion rate from Marketing Qualified Leads (MQLs) to Sales Accepted Leads (SALs)
This high conversion rate indicated the quality and precision of the targeting strategy
Exceptional LinkedIn Engagement
Secured a 40% conversion rate from initial LinkedIn outreach to meaningful conversations
Generated 285 first-degree connections from just 724 connection requests in a single month
Achieved a 39.4% connection acceptance rate, demonstrating the effectiveness of the personalized approach
Pipeline Generation
Successfully built a robust pipeline of qualified leads through outbound efforts
Established a foundation for sustainable international market expansion
Impact
Through their partnership with Lexi, Novalnet successfully transformed their market expansion challenge into a strategic advantage. The combination of AI-powered insights and human expertise enabled them to efficiently identify, engage, and convert prospects in new markets, creating a scalable model for continued international growth.