Advance Create Co.,Ltd. [8798.T]
TOKYO, Jun 16 (Pulse News Wire) – Advance Create CO.,LTD. (8798.T) reported mixed performance in its May sales figures.
In the insurance agency business, face-to-face sales decreased by 24% month-over-month and by 31% year-over-year. Collaborative sales remained stable compared to the previous month but increased by 91% year-over-year. Direct sales via communication channels rose by 2% month-over-month and fell by 54% year-over-year. Overall, the total ANP (Annualized New Premium) declined by 17% month-over-month and by 17% year-over-year. Marketing efforts showed improvement, with customer acquisition through marketing increasing by 79% year-over-year.
Customer acquisition costs per action (CPA) also decreased by 38% year-over-year, indicating enhanced efficiency in marketing strategies. In the ASP (Application Service Provider) business, cumulative ID counts for various systems saw varied changes. The "Myouyouki" system, developed internally since 1999, experienced a rise of 71 IDs month-over-month and 335 IDs year-over-year. Meanwhile, the "Dynamic OMO" system faced a decline of 5 IDs month-over-month and 54 IDs year-over-month. Additionally, the company's proprietary insurance management app, "folder," continued to gain traction, with download numbers increasing by 664 month-over-month and 11,517 year-over-year.
Insurance policy registrations within the app grew by 447 month-over-month and by 8,721 year-over-year.
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