Case Study : Maybank - SPH MediaBoxOffice
Case Study : Maybank - SPH MediaBoxOffice
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