Novocortex got an assignment from Rabobank to manage its iDEAL
marketing
campaign. iDEAL is the new Dutch standard for safe and direct payments
on the internet. The main campaign objective was to get 150 web shops
connected to iDEAL via Rabobank, by the end of 2005. In December 2005,
there were more than 400 web shops that chose Rabobank as their iDEAL
services provider (about 40% market share). And the campaign budget
stayed below 40.000 euro incl. production and media costs, because
iDEAL banners, Flash demos and iDEAL Shopping Centre were
produced in New Europe.
We decided to start the campaign 6 months before the product
launch to be ahead of other banks. And to position Rabobank
as the leading online services provider. We wanted our
target group to know that iDEAL was based on the existing payment
solution of Rabobank - Rabo DirectBetalen.
Novocortex used the following marketing instruments in the iDEAL marketing campaign:
[1] We started with search engine marketing to generate traffic to the iDEAL landing page. Website visitors were encouraged to subscribe to our newsletter, if they wanted the latest iDEAL information from the first hands.
[2] We sent the latest iDEAL news to weblogs and forums to draw
attention of the target audience to iDEAL. We organized congresses on
e-payments to generate free publicity
and get feedback on product development.
[3] These marketing actions helped us to build a database with more
than 1.500 adresses of Dutch web shops. So, we were able to send iDEAL
news to
about 70-80% of all active Dutch web shops. Rabobank was the first in
the market to announce its iDEAL fees. Other banks (iDEAL was supported
by 4 major Dutch banks) could only follow.
[4] In order to differentiate Rabobank from other banks, we
decided to launch additional iDEAL services, such as URLinked and
iDEAL Shopping Centre. URLinked offered hyperlinks to web shops from
the internet banking of Rabobank. iDEAL Shopping Centre was aimed to
generate traffic to participating web shops and convince consumers that
shopping
online is as safe as shopping in the real city.
[5] We facilitated online
donations with iDEAL to help victims of the
Pakistan earthquake, and collected more than 695.000 euros in two weeks!
In 2007, the market share of online payments with iDEAL (about 20%)
was higher than that of credit cards. And 75% of online consumers
consider iDEAL to be a very safe payment method.
Read more about internet
marketing campaigns managed by Novocortex. Or play with our award-winning
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