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Bank ambushes ‘Can’t’ teaser campaign with tactical Google key words buy

Heritage Bank has ambushed the ‘Can’t’ teaser campaign by buying Google ad words associated with the campaign.

Type in the words ‘Can’t’ and ‘What is can’t’ on Google, and the Queensland-based bank ranks second in the list of sponsored searches, just behind the teaser campaign domain whatiscan’t.com.

The link to the Heritage Bank website explains why the bank ‘Can do things the big banks can’t’.

The ambush was a response to the story on the teaser campaign posted on Mumbrella yesterday, that speculated that one of the ‘big four’ banks was behind the campaign.

Heritage Bank’s marketing manager Matt Granfield told Mumbrella: “Heritage Bank is a customer-owned bank, so we’re able to do things the big banks can’t, like offering significantly lower interest rates on home loans and customer satisfaction, as opposed to just customer service.”

“New legislation coming on July 1 will soon make it a lot easier to switch bank accounts from one financial institution to another and we felt the timing was right to latch on to the ‘can’t’ message and let people know why they should be thinking about switching to a customer-owned bank like Heritage, rather than shuffling the deck chairs on the Titanic and moving their account to another big bank that will only ever put shareholders first.”

He added: “One major advantage to not being a big bank is that we can listen to customers much more closely, but we can also listen to what other banks are doing and have a campaign like this in market literally within a couple of hours.”

More activity is to follow from Heritage Bank, Granfield hinted.

Granfield is taking part in a session at the Mumbrella 360 conference next month, which argues that most bank marketing is “woeful”.

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