Situation
Terre
Haute Savings Bank prides itself in being “Your
local bank believing in the Valley.” This pledge extends to
its involvement in the local community, particularly through its
support of high school sports.
Last year the bank established the Wabash Valley
All Sports Team to honor outstanding male and female high school
senior athletes from across the area. This year additional efforts
focused on establishing a trophy for the winner of a traditional
cross-county sports rivalry – the Terre Haute North Vigo and
Terre Haute South Vigo High School girls’ basketball game.
The boys’ rivalry has had a trophy for 10 years, and bank
officials felt it was important for the female athletes to receive
the same level of recognition.
The bank commissioned the design of the “Champions
of the Court” trophy, a scale replica of a basketball floor,
with a crown, hand-crafted of gold-colored metal by a local metal
artist, mounted on it. Each year’s winner will be recognized
with an engraved jewel-toned metal disc (red for South or blue for
North) added to the crown.
Problem
Community
recognition of the boys’ trophy is well
established. In fact, the trophy sponsor, Burke Spring & Alignment,
who sponsors the varsity football and boys' basketball athletic contests
between the two schools, also covers a portion of the cost for holding
the basketball games at a large downtown venue, Indiana State University’s
Hulman Center.
Terre Haute Savings Bank wanted to be sure that
the new trophy received as much attention as the existing one, and
that
the attention was properly identified with the bank.
Solution
MillerWhite assisted Terre Haute Savings Bank
with two events to introduce and publicize the new girls’ trophy,
as well as to brand the bank’s community involvement through
support of high school sports.
The first was a press luncheon to
unveil the trophy, which media, sponsors, community leaders,
school corporation officials,
coaches, athletic directors and principals, as well as the senior
captains from each team attended. The players unveiled the trophy,
which was draped in the colors of each school.
To recognize Burke
Spring & Alignment’s
leadership and commitment to the boys’ trophy, a representative
from Burke, Kim Burke, attended and supported the luncheon, which
the two entities plan on making an annual event.
The second event,
which the bank called the “Pre-Game
Pit Stop,” was an open house held just before the game.
Fans were encouraged to stop by and pick up a spirit stick waver
to support
their favorite school. (Wavers were red for South and blue for
North.)
For this event, MillerWhite created an integrated
brand partnership for THSB with three of its other clients, Pepsi,
Clabber Girl Corporation and Burke Spring & Alignment. The Pre-Game
Pit Stop was held at the Clabber Girl location, just across the
street from Hulman Center. THSB supplied the wavers, Clabber Girl
supplied the refreshments and Pepsi supplied drinks. All four of
the partners’ logos appeared on the wavers, which fans took
with them into the game.
Many companies today seek to increase
their brand equity, market share and profit by integrating with
others to create
new products and services or sponsor events. By taking advantage
of this “branding by association,” MillerWhite has
found that clients that have unrelated products or services but
share
the same core values and the same target markets can combine strategically
to leverage brand equity for all parties.
Creating a brand partnership
for the Pre-Game Pit Stop was a win-win for all partners.
For the lead (or best known) brand, in this case Pepsi, the
event signified its investment in the community and associated
it with a popular community
activity, the North-South rivalry. It also got the Pepsi name into the venue
where a competitor had a lock on the beverage sales.
For Clabber Girl, which
had recently renovated its downtown location to include a
Bake Shop, Museum and General
Store, the event opened the facility to a new audience and gave
them a taste of the Bake Shop’s fare.
For Burke Spring & Alignment,
the Pre-Game Pit Stop reinforced the fact that it continues
to be the sponsor
of the North-South contests.
For Terre Haute Savings Bank, the
event helped raise the level of its brand equity by association
with the larger
companies (Pepsi and Clabber Girl) and with a business that has
long been a supporter of high school sports (Burke Spring). It
also built on the bank’s growing association with sports in
the community, at all levels, from banners at every little league
baseball
field to sponsoring Indiana State University television broadcasts.
To
get the word out about the Pre-Game Pit Stop, MillerWhite prepared
posters which were distributed at the trophy
unveiling, prepared an announcement that was sent to each school
to be read over the PA, and arranged with radio stations to assist
through heavy promotion the day of the event. Additionally, a
daily live sports talk show did its broadcast from the pre-game
event,
with the host encouraging fans to stop by.
Results
The measurable result of the Pre-Game Pit Stop
was, of course, the 1,300 wavers that were distributed prior to
the game and the reaction from fans as they stopped to get them.
“The wavers were a great boost for the bank
and reinforced our commitment to the community,” said Marty
Woods, the bank’s director of marketing. “Once folks
realized they were free, they were thrilled to get them and often
asked for extras to give friends or family.”
Bart Colwell, president of THSB, said, “With
the boys’ and girls’ games being played on the same
night and in the same venue for the first time, it created the ideal
opportunity for us not only to have the trophy for the first time,
but also to have a pre-game event, one which we hope will become
just as much a tradition as the games themselves.