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Case History Database

The Chinese New Year Term Deposit Bonanza

Agency
Multicall Connexions
Client
HSBC Bank Australia
Awards
Gold
Multicultural/Indigenous
Case Study
Summary
HSBC Australia was keen to strengthen its liabilities portfolio by attracting new term deposits.. Armed with a market-leading rate, a minimum eligibility of A$200K, 16.3% less media spend and the art of ‘guanxi’, we showcased the power of multicultural marketing, when done right. Targeting an Asian audience using a fully integrated, culturally & linguistically relevant communication campaign, we shifted the decision from ‘financial’ to ‘cultural’. In so doing, we achieved a 463% YOY growth in term deposits, eclipsing our campaign target by 290% to produce the most successful TD campaign in HSBC Australia’s history.
Case study

2011 Multicultural/Indigenous – The Chinese New Year Term Deposit Bonanza

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Credits
Author Daniel Assaf Multicall Connexions
CEO Sheba Nandkeolyar Multicall Connexions
Account Director Naomi Hama Multicall Connexions
Head of Marketing Vic Wolff HSBC Bank Australia
Senior Marketing Dajana Badzim HSBC Bank Australia
Assistant Campaign Manager Melissa Ison HSBC Bank Australia
Head of Savings & investments Michael Danby HSBC Bank Australia
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