case creditcard addressable tv new[1]
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7/31/2019 CASE Creditcard Addressable TV NEW[1]
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major credit card issuerreaches current customerswith addressable tvadvertising
customer
Major credit card issuer
campaign
The company utilizes Acxioms Addressa
Advertising to power an addressable
TV advertising campaign. The solution
provides household-level, data-driven
market segmentation to execute highly
targeted, interactive TV advertising base
demographic and behavioral characteris
results
Responderswerefourtimesmorelike
to be cardholders than non-cardholde
31percentofallresponderswerecurrcardholders
4.4percentofhouseholdsinthecurr
cardholder target group responded to
theoffer
acXiom client
The major, global credit card issuer is a leader in investment
banking,nancialservicesforconsumers,smallbusinessand
commercial banking, fnancial transaction processing, asset
management and private equity.
cHallenge
The companys premier credit card gives consumers immediate cash
backforpurchases,withcash-backamountsvaryingdependingon
thetypeofpurchase.Inpromotingthecard,thecompanyneeded
more targeted advertising than traditional television enables. As
media have splintered, TV advertising results have eroded.
acXiom solution
ThecardissuertappedthepowerofaddressableTVadvertising
with Acxioms Addressable Advertising. The solution enables the
company to market the credit card with highly targeted, interactive
TV advertising based on demographic and behavioral characteristics
onahouseholdlevel.Ineffect,thecardissuercreatesoffers
specifc to each target group within a market as defned through
household-level data analysis and segmentation.
acXiom approacH
Foracardacquisitioncampaign,Acxiomprovidedthesafe-harbor
dataintegrationbetweenthedigitalsubscribersfromcable
operators in two markets in the western U.S., the markets identifedforthetrials,andthecompanyscustomerandprospectdatabases
forthesemarkets.
4.4percentofcustomergrouprespondstotargetedads
financial services
case study addressable advertising
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7/31/2019 CASE Creditcard Addressable TV NEW[1]
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Acxiomperformeddatahygieneandrecognition
servicesonthesedatasetsbeforeenhancingthem
withAcxiomInfoBase data elements. Acxioms
analytics team then worked with the client to defne the
most appropriate segmentation groups. The companys
credit card market was segmented into fve target
groups digital cable subscribers and current card
holders,andfourtargetgroupsofprospectscreated
using Acxioms Personicx cluster codes.
ThecampaignranforonemonthduringtheFebruary-Marchback-to-schooltimeframe.
Thecompanyextendedthreedifferentoffers:$100cashbackafteryourrstpurchase,
$50cashback,andfast,easybalancetransfers.Interestedviewersusedtheir
remotestoclickrightonthescreentogotoamicrositetorespondtotheofferfora
truly interactive experience. Customers digital set-top boxes enabled this two-way
informationtransfer.
results
Using Acxiom Addressable Advertising, the card issuer brought direct marketing
practices and techniques to television advertising and saw impressive results. Current
cardholderswerefourtimesmorelikelytorespondthannon-cardholders,with31
percentofallrespondersbeingcurrentcustomers.Infact4.4percentofhouseholdsin
thecurrentcardholdergrouprespondedtotheoffer.
Such granular segmentation benefts not only the company but also gives video service
providersamorecompellingadvertisingoffer.Not only do you have the insight to do targeted
marketing as driven by the clients existing database marketing infrastructure, but TV is well known for
driving interactions of other media channels,saidCurtisBarone,productmanager,AdvancedAdvertisingApplicationsforTelevisionatAcxiom.The technology allows advertisers to have a
higher degree of engagement with their consumers.
WANT TO KNOW MORE?
To find ouT how Acxiom cAn help your
business, visiTAcxiOM.cOM or cAll us AT
888.3AcxiOM
addressable advertising
financial services
case study
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