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Situation
Terre Haute Savings Bank, established in 1869, is a locally owned and
recognized institution. While larger banks in the area have undergone
numerous mergers, ownership and name changes, Terre Haute Savings Bank
has remained under the same name and ownership. It continues to update
its facilities, products and services to better serve its customers. The
bank is heavily involved in the community and has an established marketing
program designed to keep it high in the minds of customers and prospective
customers. In an effort to build an identity that differentiates it from
other banks in the area, Terre Haute Savings Bank developed a pledge,
"Your local bank believing in the Wabash Valley," that would
appear in all its advertising and print materials.
Problem
The bank's previous jingle was very dated, and several factors pointed
to the need for a new one. The bank was anticipating a location expansion.
Its image television spot had been in use for some time and needed updating.
And it was in development stages with a new pledge and community-oriented
marketing program. A new jingle would be a memorable way to tie the new
pledge into its electronic advertising.
Solution
MillerWhite took the next logical step in communicating
the client's new pledge – creation of a jingle. MillerWhite developed
the tagline for the jingle's lyrics and defined the desired mood as mid-tempo,
feel-good and timeless. With this direction, the jingle was provided as
a demo for client review along with a selection of male, female and ensemble
voices that could be used in the final production. A female voice was
chosen for its lightness and sincerity. Instruments were kept simple and
natural, rather than synthesized. The resulting memorable jingle is calming
but upbeat. Several versions were produced so that it could be used as
an opening, closing or with a scripted donut in all of the bank's television
and radio ads. Click
here to hear jingle.
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Results
Now in use for more than six months, the jingle, "Your local bank
believing in the Valley…Terre Haute Savings Bank," supports
the bank's concern for and involvement in the local community. Tied
with
images of local activities that are supported by the bank, it helps to
create a "feel good" image that reinforces the bank's image
as the "local bank."
Marty Woods, Terre Haute Savings Bank's vice president and director
of marketing, said, "We try not to overdo the use of the jingle,
because we don't want people to get tired of it, but it's
out there just enough that they're coming to associate it with our
print ads and billboards, and see us as their community bank, which is
just what we want them to do."
Partner Bill White said MillerWhite recommends to its clients that a jingle
is a good way to focus on developing good creative consistently and cost-effectively.
"If you build the jingle as a donut, to be customized with special
promotions on a weekly or monthly basis or as needed," White said,
"You have a strong tie-in that reinforces the other media channels
in the minds of the audience." Click
here to listen to other jingles, created from scratch, in customizable
and cost-effective donut format.
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