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Citibank Australia
CASE STUDY
Unifying data to understand the customer and the true value of display
Goals• Find an easier way to see the end-to-end customer
journey and make real-time decisions on advertising spend across multiple channels
• Reduce time spent on administration tasks
• Put a true value on display advertising and other hard to measure channels
Approach• Consolidated the media mix across multiple channels
using DoubleClick Digital Marketing
• Used attribution to see the whole customer journey end-to-end
Results
Case Study
• Citibank discovered that display advertising was involved in almost 50% of all online loan applications
• Reduced cost per application by 25%
• Allowed Citibank to spend 30% less time on administrative tasks
Unifying data to understand the customer and the true value of display
Unifying data to understand the customer and the true value of display
When it comes to making decisions about financial services,
customer behaviour has changed. Citibank's customers are
really busy and digital channels are a big part of that decision
process. For Citibank, viewing this end-to-end process was
difficult and fragmented, with lots of data in silos and no single
consolidated view. Unifying this data would allow Citibank to
create unique product offerings tailored to a particular part of
their customer's life-cycle.
Breaking down the silos
With their digital agency Columbus leveraging DoubleClick
Digital Marketing, Citibank was able to break down the silos of
data and consolidate it into a central unified view. This gave
Citibank the ability to make decisions in real-time, based on
multiple channels and keywords. To achieve this, Citibank used
DoubleClick Search, DoubleClick Campaign Manager and
DoubleClick Bid Manager. This approach allowed Citibank to
free up time and money, to focus more on marketing strategies.
Citibank AustraliaCase Study
Google Confidential & Proprietary
and the execution of those strategies. Citibank used
attribution to get a better view of the path to conversion
than can be achieved by simply using "last click" analysis.
Attribution gives you visibility of different interactions,
different channels and different keywords, all of which play
an important part in the path to conversion.
Putting a true value on display advertising
Using DoubleClick's path to conversion report, Citibank and
their digital agency Columbus were able to see that display
advertising was involved in almost 50% of all online loan
applications. In the past, Citibank faced a big challenge in
putting a true value on display advertising and showing
how it affected conversions. Through DoubleClick, Citibank
has been able to reduce cost per application by 25% and
invest that back into digital channels. Citibank also found
that using DoubleClick Digital Marketing allowed it’s
marketing team to spend 30% less time on administrative
tasks, freeing up more time to invest in strategy.
After seeing results from DoubleClick Digital Marketing,
Citibank felt that this could go beyond digital. By bringing in other channels, it could get a better-informed view of the customer. Citibank felt that in the next three to five
years, data will be so critical in the way it acquires new
customers and will help to better service existing customers.
A data informed future
Citibank AustraliaCase Study
Google Confidential & Proprietary
DoubleClick Digital Marketing (DDM) is an integrated ad-technology platform that
enables agencies and advertisers to more effectively create, manage and grow high-impact digital marketing campaigns. DDM integrates world-class solutions to
help buyers run holistic campaigns across multiple channels. Learn More.
About DoubleClick Digital Marketing
Citibank is a leading financial services organisation, offering its customers a broad
range of financial services including deposit accounts, foreign currency deposits and
investments as well as credit cards, mortgages, loans, insurance and charge cards.
About Citibank Australia
Citibank AustraliaCase Study
Google Confidential & Proprietary
`
Founded in 2006, Columbus has grown to become Australia’s largest performance
marketing business. Australian made and part of the Dentsu Aegis Network,
Columbus has a rich heritage across all industry verticals galvanising data and
insights since inception through partnerships with some of Australia most
prestigious brands.
About Columbus