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Case Study : Maybank - SPH MediaBoxOffice

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<strong>Case</strong> <strong>Study</strong> : <strong>Maybank</strong><br />

Nov 2010


About <strong>Maybank</strong> Cards<br />

� <strong>Maybank</strong> started operating in Singapore as a fully-licensed commercial bank<br />

in December 1960. Over the 50 years, they have aggressively expanded their<br />

reach and types of services offered to help meet the banking needs of<br />

corporations and individuals alike through 27 service locations.<br />

� <strong>Maybank</strong> offers 14 different personal cards to consumers in the form of<br />

credit, debit/atm, and prepaid cards. In November 2010, it launched their<br />

latest credit card, eVibes which is catered to the youth and tertiary student<br />

market. No minimal income is needed to sign up for card with a $500 limit.<br />

� <strong>Maybank</strong> is not the first bank to offer such products to this niche target group.<br />

Other qualifying full banks (QFB) such as CIMB, Citibank and Standard<br />

Chartered have been marketing such products since 2007.<br />

� In terms of advertising expenditure, <strong>Maybank</strong> did not allocate any budget for<br />

OOH in 2009. They have spent $104k on OOH advertising for January to<br />

September 2010.


Campaign Details – An Overview<br />

� Media Agency: Universal McCann<br />

� Creative Agency: McCann Erikson<br />

� Objective:<br />

� To promote, increase awareness and<br />

encourage sign up the newly launched<br />

eVibes credit card<br />

� Target Audience: Youth and tertiary students<br />

� Media Mix:<br />

� Out-of-Home, Online, Print


Campaign Details – With <strong>SPH</strong>MBO<br />

� DOOH Platforms: Far East Plaza Digital Network<br />

� Static Platforms: Screen Wrap & Take Ones<br />

� Duration: 1 Nov – 17 Apr 2010 (24 weeks)<br />

� Media Strategy:<br />

� Dominate the youth-centric Far East Plaza<br />

environment with an integrated OOH campaign<br />

utilising both digital and static executions. It<br />

seeks to initiate a call-to-action which the target<br />

audience can easily achieve by taking an<br />

application form from the take ones.<br />

� <strong>SPH</strong>MBO helped <strong>Maybank</strong> convert the visuals<br />

from their collaterals into digital posters, which<br />

were complemented by the static screen wrap<br />

to give the campaign 24/7 exposure.


Testimonial From Agency<br />

“<strong>SPH</strong> <strong>MediaBoxOffice</strong> was selected as part of this campaign for two reasons.<br />

Firstly, we felt the digital out-of-home medium would be able to capture a lot of<br />

attention, especially among the youth market.<br />

Secondly, to reach our target market, we needed a location that has youthcentric<br />

visitorship. This is the main reason why the digital network at Far East<br />

Plaza was chosen.<br />

We are confident of the integrated campaign achieving our objectives even<br />

though we are still in its early stages.”<br />

Ng Jia Min<br />

<strong>Maybank</strong> Singapore<br />

Email: jmng@maybank.com.sg

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