free consult

Captcha Image

Blog

posted by Admin
Feb, 22 2011

NAB's Break-up Campaign: Lessons to Learn

I was thoroughly entertained and very impressed by NAB's recent break-up campaign, it's not often you see such an innovative, clever, well timed and well executed marketing strategy.


NAB's huge push to differentiate itself from Australia's other big four banks has quickly become an early candidate for marketing campaign of the year - and with good reason.

In today's media-saturated world, it's no secret that it's difficult to grab the attention of consumers for any substantial period of time, let alone an extended campaign such as this which lasted closer to four or five days.

The campaign started the Friday just before Valentines Day (perfect timing!) with what looked like an very unusual tweet from NAB's corporate Twitter account suggesting that there was going to be a difficult break-up.

The next day, newspaper broke the story that NAB intends to pay subsidies up to $700 to assist customers switching mortgages from Commonwealth Bank and Westpac in order to pay exit fees.

On Valentines Day - it launch the break-up campaign, followed by a number of marketing, advertising and PR stunts. CD's full of break-up songs were handed out at railway stations, signs on footpaths, and actors performed mock break-ups around the country...to name a few.

It really was a multi-media blitz which was no doubt worth the millions it cost to pull it off. There's some lessons SME's can learn here (even without the millions of dollars).

1. Co-ordination in key
NAB coordinated a number of mediums starting from Twitter, through to print followed by guerrilla marketing stunts all backed by media interviews and TV appearances. All these elements worked together to create a bang!

2. Social Media
Starting the campaign with Twitter was brilliant because it immediately reached the younger customers NAB wanted to attract. The use of video and YouTube also helped send the campaign viral - nothing flash necessary, just home-made style videos of break-ups.

3. Unique
Lets face it - it was unique and so very un-bank-like, which is one of the reasons it was so successful. NAB's willingness to experiment and take risks has meant that I look at them a little differently now...do you?

4. Address customer directly
NAB very openly talked about and to its main rivals - which in Australia in particular - makes for a refreshing upfront change. The danger was that the competitors will get free publicity out of it - but when your trying to differentiate yourself from your competitors, sometimes you just gotta do it.

5. Setting Expectations
I'm going to be a little disappointed if the next marketing push is more reserved or doesn't have the same willingness to experiment outside the box, so that a risk you run when taking risks.

Georgina Sainer Marketing Co-ordinator Check out some of the stunts below - kept me smiling all day!


Recent Posts


Tags


Archive

Untitled Document
  • We are very happy with our presentation folder/brochure. As always, the team at Platinum Mix is a pleasure to deal with. Thankyou for providing such a great service. I&M Winch Hire look forward to doing business with you in the future

    Simon Tranchita, I&M Winch Hire
  • First class service, professional without being stuffy. A pleasure. You have a A1 marketing firm in my books.

    Mike Purslow, Business Manager, Nufab Industries
  • Platinum Mix was a life saver when the previous web developer did not deliver what they had promised. Their professionalism and understanding of the situation were second to none. They spoke our language and delivered what we had asked for and now we have a fantastic website we are very proud of. I cannot speak highly enough of Becky and her team at Platinum Mix.

    Karyn Grant Manager, Commercial Relationships, Polytechnic West, Platinum Training
  • Since working with Platinum Mix we have seen an increase in both our company profile and sales growth. I firmly believe the work done on our company image, re-vamping our website, company profile brochures, has played a significant part in our achievements.

    Dave Rowland, CEO, Rovacraft
  • I can highly recommend Platinum Mix. Becky is dynamic, results driven and delivers professional service. She is always approachable and takes the time to listen to her clients.

    Tania Fotheringhame, State Manager, Business Growth Centre
  • We wanted to let you know how much we enjoyed working with you while creating our new website. The end product looks great and we’ve already noticed an increase in the number of online enquiries we receive through the new online quoting form. What impressed us the most was the process and way in which you managed the project from beginning to end. You are a true professional! We would have no hesitations in recommending your services.

    Adam Barnard, Managing Director, Adams Coachlines
  • We feel extremely confident when dealing with Platinum Mix. They are highly organised and dependable and have a great appreciation for marketing detail. I would recommend Platinum Mix for any marketing project. We will be using Platinum Mix again for future marketing projects.

    Rachel Praxl, Licensee, Belle Management and Leasing
  • Not sure how you could improve, very friendly and approachable staff, timely and efficient project management even when very short notice given, always quick to respond and very helpful with suggestions or ideas. Georgina in particular is great to work with.

    Jayne Calam, Office Manager, Hamiton Engineering