The Challenge: People think that all banks are the same stodgy institution and that it doesn’t really matter where they keep their money.
Insight: 85% of people who walk into an Umpqua store open accounts.
Big Idea: Drive people to the stores by making banking personal again.
The Work: Our work avoided the clichés of interest rates and FDIC insurance that plague most bank advertising. Instead, we sent out a fleet of Umpqua branded ice cream trucks to hand out free, no-strings-attached, ice cream and dropped Umpqua-branded pennies that promised $1 to anyone who returned the penny to an Umpqua store. Our more traditional media took an untraditional stance by celebrating joint checking accounts instead of CD rates.
Results: From 2003 to 2006, Umpqua’s earnings increased 148% and assets grew from $2.9 billion to $7.3 billion. Umpqua expanded from 64 to 134 stores via a combination of new stores in existing markets and acquisitions of two California banks.
https://leoketel.com/wp-content/uploads/2013/08/UmpquaIceCream.jpg12001600Jerry Ketelhttps://leoketel.com/wp-content/uploads/2019/04/LeoKetelmodifiedLogo-1030x263.pngJerry Ketel2013-09-15 19:10:512019-10-15 06:34:25Umpqua Bank
The Challenge: Benchmade, a maker of premium knives, wanted to grow but was concerned that moving their production overseas would damage their reputation and sales. How do you launch a foreign-made, value-priced line of products for a premium brand without damaging the equity and prestige of the parent brand and company?
Insight: Being handmade in the U.S. is integral to Benchmade’s perception as a premium brand. Any move downmarket by manufacturing overseas would have to be countered by a move up market.
Big Idea: Create a portfolio of products that would allow for increased production overseas but wouldn’t hurt Benchmade’s reputation by maintaining an “equilibrium of premium.”
The Work: We created a new product line structure that color-coded line extensions at price points both below and above Benchmade’s original range. Red represented the entry-level products produced overseas. Blue, the color that was already synonymous with Benchmade’s premium knives, and gold was for a new line of ultra-premium, limited-edition knives that counterbalanced the red line. We also created a black class for military and law enforcement products. Beyond our portfolio work, we rebranded Benchmade with a greater emphasis on the premium nature of their knives, then introduced the new products to consumers.
https://leoketel.com/wp-content/uploads/2013/07/BENCHMADE-PACKAGING21.jpg9001288Jerry Ketelhttps://leoketel.com/wp-content/uploads/2019/04/LeoKetelmodifiedLogo-1030x263.pngJerry Ketel2013-08-20 21:44:462019-10-15 06:34:30Benchmade Knife Company
The Challenge: Tillamook is the #1 natural cheese brand in the West. Our challenge was to justify Tillamook’s price premium when compared to its largest competitors – Kraft and private labels.
Insight: There is already a strong correlation in people’s minds between higher prices and better taste; we just had to make taste emotionally resonant.
Big Idea: Invoke a brand spirit that is playful and optimistic to correlate with the giddy love audiences have for Tillamook Cheese.
The Work: Oregonians already know that Tillamook cheese is special, worthy of nostalgia, something you miss when you are away. So we decided to tell that to the rest of the country. We cast the uniquely shaped Tillamook Baby Loaf as the catalyst of love between brothers, neighbors and teenagers. Each execution tells the story of love enabled by Tillamook and creates an emotional value around taste.
In addition to traditional print advertising, the campaign spurred a handshake marketing effort that included mini VW buses painted to look like the iconic baby loaf.
Results: Our initial efforts led to a 16% sales increase and subsequent interactive work has resulted in click-through rates over four times higher than industry standards. Tillamook continues to grow into new markets and is accepted due to the playful, optimistic personality we developed.
The Challenge: Friedrich Air Conditioning is well known in New York. In the finer buildings you’ll see their window and thru-the-wall air conditioners studding high-rise apartment buildings in Manhattan. The trouble is, cheap-labor manufacturers were gaining market share based on price. Friedrich’s response was to innovate by offering a well-made, price-competitive unit with an important new feature: the ability to change color to match your interior decor. The question to Leopold Ketel was: How do you market that?
Insight: Friedrich’s dealer-customers and consumers believe in the heritage and reliability of the brand. Our job was to update the company to communicate reliability well into the future.
Big Idea: Reinvigorate the entire brand to match their cool new line of air conditioners, signaling a change in the company from the inside out.
The Work: We began with an updated brand look and feel, making the Friedrich badge on their new units contemporary and upscale. Our work on the brand extended to create an anthemic video to reintroduce dealers and employees to the heritage of Friedrich and express their vision for the future. We named the new units “Kühl” (the German equivalent of “cool”) and launched the brand with targeted lifestyle magazines and behavioral digital ads, flipped on during the hottest days of the year.
https://leoketel.com/wp-content/uploads/2013/07/SmallBox_3quarter_CompLong2.jpg9801288Jerry Ketelhttps://leoketel.com/wp-content/uploads/2019/04/LeoKetelmodifiedLogo-1030x263.pngJerry Ketel2013-08-13 21:40:322019-10-15 06:34:46Friedrich Air Conditioning