« Finding New Subscribers for Your Email Newsletters and Alerts | Main | Chase Fails to Design Email for Outlook's Preview Pane »

Bank of America Uses Radio to Drive Website Credit Card Applications

By Jim Bruene on November 7, 2006 9:23 AM | Comments (0)

At 8:30 AM today, we heard an unusual advertisement on classic rock radio for the Bank of America Alaska Airlines affinity card.

It wasn't the ad itself that was so spectacular, although it's not every day that you hear credit cards being pitched on radio. And it wasn't the offer that made the ad stand out, although 20,000 bonus miles is a pretty good perk.

What made it memorable was the call to action, "visit myalaskacard.com." They didn't even bother to throw an 800 number into the spot.

It's hard to say whether a radio spot will prove cost effective, but using a memorable URL should help. It's far easier to remember than a telephone number, and prospective applicants can be immediately greeted with an effective sales pitch reinforcing the product benefits and bonus offer.

Analysis
Google results for "my alaska card" However, once again BofA stumbles with its search engine support (see previous article). Searching on Google for "my Alaska card" brings up a single ad for a Web-based portal site, CreditStep.com (click on inset for closeup).

In fact, we tested every variation of "my" + "alaska" + "airlines" + "credit" + "card" and BofA was nowhere to be seen UNLESS we dropped "my" from the search query. Interestingly, Chase was an aggressive advertiser on several of the search terms offering a competing airline card with 15,000 bonus miles. BofA showed up as an advertiser only when we dropped the "my" from the search query.

The lack of advertising against "my alaska card" is especially damaging because the first few organic search results do not link to BofA or Alaska Airlines. Also, if you type a similar URL, such as www.alaskacard.com or www.alaskaairlinescard.com you either end up at a generic link site or an error page. At this point, potential prospects will either apply at the wrong place or give up on the search. 

If you correctly input the exact URL, you end up at the following landing page. It's OK, but should reinforce the impressive benefits of applying now, a free ticket right away and a $50 companion ticket every year on renewal (see screenshot below).

Action Items
Here's what you should do to ensure better search-engine support for your offline advertising:

  1. Advertise at search engines on likely search terms that would be used by consumers responding to your advertising
  2. Create a memorable URL that is not easily mistyped
  3. Register or purchase domains similar to the advertised URL (including common misspellings), or pay the owner to refer traffic to your landing page
  4. Design a landing page that boldly supports the benefits in your advertising and includes a prominent "Apply" button

BofA landing page for myalaskacard.com

Comments (0)

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/437

Leave a comment

Sponsors

BackBase IntelliResponse Yodlee FinovateEurope 2012

Events

  • FinovateEurope 2012 -- On February 7th, 2012, the second annual FinovateEurope will feature dozens of Europe's newest fintech innovations via a fast-paced demo-only format in the financial capital of London. 7 minutes each on stage. No slides allowed. Come watch the future of fintech in Europe unfold live! Get your ticket today and lock in your spot before it is too late!
  • FinovateSpring 2012 -- On May 8th & 9th, 2012, Finovate will return to San Francisco for our 5th annual west coast showcase of the newest fintech innovations from Silicon Valley and beyond. Each company gets 7 minutes to demo live. No slides allowed. Come watch the future of fintech debut! Get your ticket today and save big!

Research

  • NEW! Online & Mobile Banking Forecast: Current, future and historical usage: 1994 to 2021 - Find out more
  • NEW! Selling Insurance Online (Banking Edition): Can insurance help fill the fee-income gap? - Find out more
  • NEW! True Virtual Banking Has Arrived: BankSimple, Personal Capital, Betterment and others go branchless, paperless and “bank-less” - Find out more
  • 2012 Guide to Online & Mobile Banking Products, Pricing & Strategy: Preparing for a mobile-first world - Find out more
  • Family Banking: Tweens, Teens & their Parents: In a remote banking world, your most-promising prospects aren’t even driving yet! - Find out more

 

   

RSS Subscribe via RSS
RSS Subscribe to Comments



Email:


@NetBanker Twitter Feed



See all @NetBanker tweets