πŸ“±πŸ“ŠπŸ‡¬πŸ‡­

KYC Chenosis USSD SMS

Conversion Segment Analysis — Ghana

Which client segments convert best from marketing SMS campaigns promoting KYC verification via *998*88#?

April 16, 2026
Data: Jul 2025 – Apr 2026
Ghana Only
243,540
SMS Recipients
224,510
Matched to Users (92%)
25,047
Completed KYC
11.16%
Overall Conversion

πŸ” Context

Fido sends marketing SMS to Ghana users encouraging them to complete KYC via MTN Chenosis USSD by dialing *998*88#. Since July 2025, 243,540 unique phone numbers have received these campaigns. Of the 25,047 who completed KYC, 16,222 (6.66%) successfully completed via Chenosis specifically.

Goal: Identify which user segments convert at the highest rates so we can target SMS campaigns more effectively and reduce wasted spend.

Key questions:

  • Which combination of user attributes best predicts KYC conversion?
  • How does survey completion and login recency affect conversion?
  • What is the optimal SMS frequency before fatigue sets in?

πŸ“ˆ Funnel Overview

243,540
Unique phone numbers received Chenosis USSD SMS
224,510 (92%)
Matched to Fido users
25,047 (11.16%)
Completed KYC after receiving SMS
16,222 (6.66%)
Successfully completed via Chenosis USSD

πŸ“‹ Executive Summary

Best Segment

60.5%
Survey Done + Recent Login (10,728 users)

Second Best

49.9%
Survey Done + Old Login (22,338 users)

Core Insight

Survey = Intent
Survey completion is the single best proxy for conversion intent

De-prioritize

115,794
No survey + old/no signup = only 2.2% conversion

🎯 Combined Segment Matrix

Users segmented by survey completion status and login recency. This combination is the strongest predictor of conversion.

Segment Description Users Conversions Conv. Rate Priority Bar
A Survey Done + Recent Login 10,728 6,486 60.5% HIGH
60.5%
B Survey Done + Old Login 22,338 11,137 49.9% HIGH
49.9%
D No Survey + Recent Login 1,726 300 17.4% MEDIUM
17.4%
C Survey Done + Never Logged In 2,351 203 8.6% MEDIUM
8.6%
E No Survey + Old Login 66,971 4,146 6.2% LOW
6.2%
G No Survey + Signup 30-90d 1,191 57 4.8% LOW
4.8%
F No Survey + New Signup (<30d) 3,411 159 4.7% LOW
4.7%
H No Survey + Old/No Signup 115,794 2,559 2.2% SKIP
2.2%
Survey completion is the single best proxy for intent
Segments A + B (survey done) = 14.7% of users but 70.4% of all conversions. Login recency amplifies the effect.

πŸ“‹ Detailed Segment Breakdowns

πŸ“² App Logins (Past 35 Days)

Users who actively use the app convert at 6-7x the rate of inactive users. Even 1-3 logins dramatically increases conversion.

Logins (35d)UsersConv. RateBar
10+ logins2,19260.1%
60.1%
4-10 logins4,42859.5%
59.5%
1-3 logins5,83448.6%
48.6%
0 logins212,0568.6%
8.6%

πŸ• Last Login Recency

Users who logged in within 7 days convert at 35%. After 30 days, rates drop to single digits.

Last LoginUsersConversionsConv. RateBar
Within 7 days57,11019,98535.0%
35.0%
8-30 days ago8,2874525.5%
5.5%
31-90 days ago10,2335535.4%
5.4%
91-180 days ago16,3357194.4%
4.4%
180+ days ago9,7983603.7%
3.7%
Never logged in122,7472,9782.4%
2.4%

πŸ“… Signup Recency

Fresh signups (within 7 days) have the highest conversion. Rates remain above 12% for users up to 1 year old, then drop.

Signup RecencyUsersConversionsConv. RateBar
0-7 days23,7816,67028.1%
28.1%
8-30 days13,7712,01814.7%
14.7%
31-90 days15,5501,97012.7%
12.7%
91-180 days20,5442,80713.7%
13.7%
181-365 days27,9433,40812.2%
12.2%
365+ days122,9218,1746.7%
6.7%

πŸ’¬ SMS Frequency (Total SMS Received)

Clear sweet spot at 4-6 SMS (41.5% conversion). Diminishing returns after 6 SMS, and significant fatigue after 10+.

SMS CountUsersConversionsConv. RateBar
4-6 SMS10,0514,17041.5%
41.5%
1 SMS63,8069,36214.7%
14.7%
2-3 SMS65,1967,03610.8%
10.8%
7-10 SMS53,1103,3596.3%
6.3%
11-20 SMS32,0821,1163.5%
3.5%
21+ SMS26541.5%
1.5%

⏱ Time to Convert (After First SMS)

16.8% convert same day, but the majority (51.6%) take 30+ days — likely converting on subsequent SMS touches or through other nudges.

Time to ConvertConversions% of TotalBar
Same day4,21316.8%
16.8%
1 day1,1074.4%
4.4%
2-3 days9003.6%
3.6%
4-7 days1,4265.7%
5.7%
8-14 days1,7517.0%
7.0%
15-30 days2,72310.9%
10.9%
30+ days12,92751.6%
51.6%

πŸ“± Device Make

Device is not a strong differentiator. Apple leads slightly (20.2%), but all major brands fall in the 15-20% range.

DeviceUsersConversionsConv. Rate
Apple33,5786,78820.2%
Tecno16,3382,88117.6%
Infinix7,3181,27317.4%
Samsung38,9346,64517.1%
Huawei4,64170715.2%
Itel6,8461,02815.0%

πŸ—ΊοΈ Region (Top Regions by Volume)

Among users with known region, conversion rates are consistently strong (54-59%) across all major regions. 181K users (81%) have unknown region.

RegionUsersConversionsConv. RateBar
Ashanti7,7364,57959.2%
59.2%
Volta2,1631,27158.8%
58.8%
Eastern3,9032,25457.8%
57.8%
Western2,4021,38157.5%
57.5%
Central4,5842,59456.6%
56.6%
Greater Accra16,1438,81154.6%
54.6%
Unknown181,5785520.3%
0.3%

Note: Unknown region users are overwhelmingly those who never logged in or completed their profile, explaining the 0.3% conversion.

πŸ’‘ Key Takeaways

Best Predictor: Survey Completion

Survey Done + Recent Login60.5%
Survey Done + Old Login49.9%
No Survey + No Activity2.2%
Gap27x higher

Login Recency Amplifies Intent

Within 7 days35.0%
8-30 days ago5.5%
Never logged in2.4%
Active vs Inactive15x higher

SMS Fatigue is Real

Sweet spot (4-6 SMS)41.5%
7-10 SMS6.3%
11-20 SMS3.5%
21+ SMS1.5%

Weaker Predictors

Device makeSmall spread (15-20%)
Region (known)Consistent (54-59%)
Most conversions30+ days later (52%)
Same-day conversion17% only

πŸš€ Recommended SMS Targeting Strategy

Target deeper in the funnel, cap at 6 SMS per user
Survey completion is the single best proxy for intent. Login recency amplifies it. Stop blasting everyone — focus on Segments A + B for maximum ROI.

πŸ’¬ SMS Frequency Guideline

Optimal: 4-6 SMS Total

The conversion sweet spot. Users in this range show 41.5% conversion — likely because multiple touches reinforce the message without fatigue.

Conversion rate41.5%
Users10,051
Conversions4,170

Avoid: 10+ SMS Total

Severe fatigue. Conversion drops to 3.5% at 11-20 SMS and 1.5% at 21+. If a user hasn't converted after 6-10 SMS, they likely won't.

11-20 SMS conv. rate3.5%
21+ SMS conv. rate1.5%
Wasted on 10+ SMS users32,347 users