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Brand and Customer Proposition Development

Brand and Customer Proposition Development

Issue

  • UK Retail Bank needed to re-invigorate both its customer proposition and brand communications, against a backdrop of credit crunch consumer cynicism

Response

  • Appointed Functional Lead for Brand and Customer Development teams.
  • Reviewed sponsorship investments and developed the propositions team
  • Developed brand campaign adapting messaging to rapidly changing consumer demands
  • Conducted customer insight work to inform propositions in post-credit crunch world
  • Appointed new brand agency and established market measurement models

Results

  • New product and service proposition launched to market
  • >5:1 investment return on £2M sponsorship investments 
  • Achieved ‘most trusted’ financial services brand 
  • Achieved Business Super Brand status
  • Exceeded customer membership recruitment targets by circa 30%.