Facebook
Greater Bank
Greater Bank

Greater Bank– Consumer lead generation for lesser known, lesser budgets, but highly ambitious local bank of Mumbai

The client

Greater Bombay Co-operative Bank, based in Mumbai, is a prominent cooperative banking institution that has been serving the local community for decades. Established with the aim of fostering financial growth and inclusion, the bank primarily caters to small businesses, blue collar workers, and individual customers in the region. It offers a wide range of services including savings accounts, fixed deposits, personal and business loans, and microfinance options. With a network of branches spread across Mumbai and surrounding areas, Greater Bombay Co-operative Bank plays a crucial role in promoting financial stability and supporting local economic activities, making it a trusted name in the cooperative banking sector.

Greater Bank
Greater Bank
Greater Bank
Greater Bank
Greater Bank

Challenges

  • Red Ocean loans Market: Scheduled banks provide loan products that exhibit minimal differentiation, largely due to their regulation by RBI.
  • Restricted Geography: Greater bank operated only in Mumbai Suburban areas, hence the overall TG base is restricted.
  • Low Budget :Given the bank is small and restricted to Mumbai they have controlled marketing spends
Greater Bank

Campaign Management

Campaign Management

Creative Development: Develop compelling ad creatives that communicate the bank’s key messages, emphasizing trust, security, and financial benefits. Use visuals, videos, and strong calls-to-action.

01
Campaign Management

Implement targeted funnel management strategies to enhance brand visibility and drive conversions

02
Campaign Management

A/B Testing: Conduct split tests for creatives, audiences, and placements to identify most effective combinations.

03
Campaign Management

Track and analyze key performance to refine targeting and messaging for maximum ROI.

04

Five pronged strategic approach

1. Creative Development

The campaign creative were created in Hindi & Marathi with focused message on specific loan products

2. Segmented approach

Different campaigns were Setup to target the varying Loan products

3. Geo based targeting

To reach of the campaign was sent to focused audience based on pin code

4. Women primary TG

Working data of Mumbai showed 46% of the workforce were women, hence we made our primary TG.

5. Budgeting Strategy

Innovative budgeting strategies were employed to maximize, reach and minimize CPC and optimize productive leads

What We Achieved

Greater Bank
Greater Bank
Greater Bank