standard chartered ife case study

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Find out how Standard Chartered Bank, India tapped into the foodie network to build its own community

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Page 1: Standard Chartered IFE Case Study
Page 2: Standard Chartered IFE Case Study

BACKGROUND

Standard Chartered Bank wanted to promote their credit cards through social media, but they had a few concerns

They had little or no presence on social media in the rest of the South East Asian region. There was also the possibility of a

negative impact on the brand as seen in the case of other companies trying to sell their services through social media.

Page 3: Standard Chartered IFE Case Study

OBJECTIVE

The challenge was to make the brand interesting and relevant to the user, while maintaining a connect with the product

Food was found to be second only to shopping in terms of spends through credit cards. That justified choosing food as a category of

interest to leverage the brand.

Maintain a refreshing approach to social media in the category.

Page 4: Standard Chartered IFE Case Study

EXECUTION

IFE, a community of food lovers, provided users with suggestions for food joints, delicacies, etc. based on their tastes and location. A wide

variety of activities kept the users engaged.

Most other brands had taken the approach of promoting their brands in a direct manner. With IFE, we created a clutter-breaking approach.

Page 5: Standard Chartered IFE Case Study

We created a community for food lovers, catering to their dining needs through various activities, like:

Daily updates of food recipes, trivia etc.

Page 6: Standard Chartered IFE Case Study

FOODIE FILES APP: It was a platform that took care of users’ dining needs. The app, Foodie’s Files, had a mascot, Foodie,

who took care of the following:

• Helped users choose places to eat, from our bank, based on their preferences.

• Presented suitable deals.

• Introduced features which make eating out simpler for users.

Allowed users to not only review and rate a restaurant but also add it to their wish list.

Page 7: Standard Chartered IFE Case Study

We organized the Foodie Awards, which were for the foodies and by the foodies. Restaurants across India competed against each other, in 4

interesting categories. The winners were selected by voters’ choice.

Page 8: Standard Chartered IFE Case Study

RESULTS

In a year, we’ve not only built the country’s largest community in the Banking, Financial Services & Insurance

(BFSI) category

With more than 6,00,000+ fans and a reach of 55,561,539.

A community that’s constantly growing and has a significantly large base of active users at any given time.

Page 9: Standard Chartered IFE Case Study

FACEBOOK INSIGHTS

Weekly Total Reach: 300,000+

Daily Organic Reach: 60,000+

Adding 200+ fans on a daily basis

Page 10: Standard Chartered IFE Case Study

FACEBOOK INSIGHTS

300+ page views on a daily basis

As of July an average viral reach of 1 million