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.
Result
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.