Westpac: Culture eats category for breakfast

This case study looks at a campaign from Westpac, the Australian bank, that embraced brave spoof marketing: offering free cash to anyone, in order to get young people to start considering banking with them.

Westpac: Culture eats category for breakfast

Executive Summary

'I'd rather go to the Dentist that talk to a bank' - Youths' damning view of the category prompted Westpac to change. They embraced a culturally redefining campaign that co-opted their fancy new 'Get Cash' technology… created spoof marketing…to play with a national ATM network…to hand out cash...for free…to pretty much anyone who wanted some…©…not very bank like!

Changing the bank's cultural norms enabled a bold and experimental approach which delivered an extraordinary ROI and outshone the performance of category giant CBA. More importantly redefining the way Westpac operates spawned a new...

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