Kotak Mahindra Bank promotes loan offer with scale & style
By M4G Bureau - April 08, 2021
KMBL partnered with Platinum Outdoor for the campaign, which had innovative billboard designs across Mumbai, Delhi-NCR, Bengaluru, Chennai, Pune, Ahmedabad and Hyderabad and included the newly launched water media in the form of a display at the Bandra-Worli Sea Link.
Kotak Mahindra Bank Limited (KMBL) plans to reach out to new home buyers to promote its limited period offer of 6.65% Home Loan rates. The brand leveraged the Out-of-Home medium for a campaign communicating the offer across major metro cities in the country. Platinum Outdoor helped KMBL bring the campaign to life using innovative billboard designs across Mumbai, Delhi-NCR, Bengaluru, Chennai, Pune, Ahmedabad and Hyderabad. The campaign comprised an interesting mix of OOH media, including the newly launched water media, which was displayed at the Bandra-Worli Sea Link.
The 10-day high visibility campaign comprised innovative techniques of a life-size balcony setup created on traditional billboards. The life-size living room setup encompassed a real brick wall construction with Kotak branding and the offer communication displayed using acrylic letters, a 15 ft. long real sofa, centre table, plants, etc. to give the feeling of a home. These home aesthetics were kept on the platform which had the branding of KMBL and Kotak Home loans. Touchpoints were carefully selected in tandem with the new OOH mobility and relevant TG movements across markets of interest. Water media comprised a larger than life digital screen docked atop a container ship and parked at the Bandra-Worli Sea Link in Mumbai. Traditional media comprised billboards + bus shelters + metro pillars.
Elizabeth Venkataraman, Joint President - Consumer, Commercial & Wealth Marketing, Kotak Mahindra Bank said, “We had a simple message to convey – that Kotak Home Loans were available at an unbelievable home loan rate starting from 6.65%*p.a. Our brief to Platinum Outdoor was that we wanted to communicate this in an innovative fashion. Platinum Outdoor’s execution has been spot on and together we have been able to create an interesting, eye-catching visual using the tools of modern-day marketing.”
Dipankar Sanyal, CEO, Platinum Outdoor says, “In our decade long relationship with Kotak Mahindra Bank, we have always strived to make the campaigns stand out by use of our tools for effective planning and innovations. In the current 6.65% Home Loan Rates campaign, we have followed a similar route. We have looked at more innovations by using first of its kind media like the digital display on water near Bandra. We have used some large format billboards to amplify the 6.65% story. Kotak was also the first brand to explore the potential through a newly opened space at Bandra ROB with an innovative rendition of dual under construction set up with living area aesthetics. Kotak has always been at the forefront in developing extremely effective out of home campaigns and we feel privileged in partnering them.”