Financial

Our direct marketing, database
management and digital printing skills came together
in
a flexible, high quality solution.
Brief
The marketing strategy was to promote the new Altitude
American Express card as a complimentary rewards-earning
credit card for current Westpac cardholders. Westpac
would be able to provide comprehensive data on these
customers.
With these attributes in mind, the direct marketing
campaign needed to recognise the existing customer
relationship and then emphasise the potential rewards
of taking up the new card.
Strategy
The work that was developed around these parameters
focused on rewards. Each mail pack would include
variable, data-driven imagery to show the customer
their points potential. A second image would then
reveal the kind of reward they could enjoy with twice
as many points.
The data would also be used to further customise
the packs, by driving variable text that supported
the inserted image, and tailored the message around
each customer’s personal details. Solution
With extensive in-house
database and direct marketing skills, Penfold Buscombe
was able to optimise the
potential of Westpac’s comprehensive data.
And because we also operate what are probably Australia’s
best digital presses, we were able to truly bring
this data to life.
The finished mailing drew on the customer data
fields provided by Westpac, and on a library of
ten image options to show potential rewards. As
each pack was printed, the data driving the digital
press would recognise the customer’s current
points value and, using a set of business rules,
select the images to be used in that pack.
Each headline was also customised to match the
image. So, depending on their points total and
the reward being offered, a customer might be told “You’ve
got enough points for this” or “you
have enough points to go here”. Key
Achievements
Needless to say,
the cost of trying to achieve this degree of personalisation
on a lithographic
press would be impossible! Penfold Buscombe’s
digital technology made it possible for Westpac
to make each recipient feel truly unique and highly
valued.
Our presses also gave Westpac the ability to
use their corporate paper stock, rather than
having the stock dictated by the presses. A factor
which can compromise the quality and brand integrity
of a company’s communications.
Our scale and experience meant that Westpac
could enjoy the entire production process as
a one-stop service.
And as a final measure of quality, Westpac were
very concerned that their corporate red be represented
accurately. Penfold Buscombe ran colour matching
tests on our digital presses and delivered the
closest colour match that Westpac had ever seen
in digital print – better even than their
corporate standards manual.
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