Mizuho
A Japanese corporate bank asked what its advertising was actually buying. The answer ran to thirteen pages of costed options, and recommended the cheapest one.
Objective
Mizuho Bank provides financial and corporate strategy to large domestic and global companies. Its marketing audience is small, senior and hard to reach: the people who decide where a multinational banks.
The commission was to analyse existing marketing and advertising activity and recommend how it could be improved against the bank's aims. That is a research brief, not a design one, and the honest answer to it might be spend less.
Creative response
Analysis of previous marketing activity, cross-referenced against the online and offline behaviour of the target audiences, then a costed review of the channels available to reach them.
- Audience behaviour, mapped. Existing activity cross-referenced with where the target audience actually is, online and off
- Out-of-home, costed. London taxi advertising priced across formats: supersides at £52,000 for 200 taxis over a month, full liveries at £185,000 for 100 taxis over six
- Trade press, costed. IFR weekly covers, special covers and Review of the Year covers, with conference and roundtable options alongside
- Digital and social rates. Online advertising rates including CPM pricing, and platform options across social and video
- Middle East options. A separate regional section
- A recommendation. LinkedIn, with a specific mechanic: time the advertising so that a prospect sees Mizuho content in the week before the new-business team meets them
- Audience behaviour, mapped. Existing activity cross-referenced with where the target audience actually is, online and off
- Out-of-home, costed. London taxi advertising priced across formats: supersides at £52,000 for 200 taxis over a month, full liveries at £185,000 for 100 taxis over six
- Trade press, costed. IFR weekly covers, special covers and Review of the Year covers, with conference and roundtable options alongside
- Digital and social rates. Online advertising rates including CPM pricing, and platform options across social and video
- Middle East options. A separate regional section
- A recommendation. LinkedIn, with a specific mechanic: time the advertising so that a prospect sees Mizuho content in the week before the new-business team meets them
Results
MAY 2019, delivered
£52K–£185K, the out-of-home options priced
LINKEDIN, what was actually recommended
The recommendation is the interesting part. Having priced taxi liveries at up to £185,000, the document lands on LinkedIn, and justifies it on targeting precision rather than cost: the ability to put content in front of named senior people at named organisations, timed against the new-business team's diary.
That is a media-planning argument made by a design and digital function, and it argues against the most visible spend on the table.
The work
