« PayPal Really Launches on Facebook | Main | Intersections Identity Guard Offering Six Months of Free Credit Report Monitoring »

Smart Car: The Next Must-Have Banking Sweeps Prize

By Jim Bruene on July 11, 2007 10:45 AM

Looking for an eye-catching grand prize for your fall sweepstakes? You can't beat the new Smart fortwo car hitting to hit our shores in six months. According to today's Wall Street Journal (here), more than 20,000 (make that 20,001) have already plopped down $99 for a "reservation" for the Smart fortwo (here).

Not only is this a sexy sweeps prize, it has green appeal as a less resource-intensive vehicle compared to larger gas cars. While hybrids will still be more fuel efficient for in-city driving, the $12,000 base price makes it much more affordable that the $20,000+ Prius.

With the perfect storm of higher gas prices, the rebirth of environmental awareness, and America's obsession with cars, the Smart micro is almost guaranteed to be a hit, at least in urban markets. Anyone who's been in Europe in the last 10 years knows how popular these cars already are.

Financial Institution Opportunities
There's hundreds of ways to use a coveted, and potentially rationed, consumer product in your marketing efforts. For example:

  • At $10,000 less than the Mini Cooper, this is the cost-conscious choice for a sweeps grand prize
  • Use the car to reinforce your smart banking choices such as paperless banking, auto bill pay, and so forth
  • Smart loans that include a preapproved auto loan along with a reservation for the car
  • Use the car's "CO 2 champion status" (see inset) to reinforce your green banking efforts
  • Paint the car with your brand and provide smart rides around town...include a form on your website for requesting a ride; for extra credit offer text message reservations
  • Work with Smart USA dealers in your area to offer joint promotions

And you already know we have a weakness for the car; so as an added benefit, any banking promotion involving it has a great chance of making it to the pages of Netbanker. Just give me a heads-up here

Comments (1)
AddThis Social Bookmark Button

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/1384

Comments (1)

This car will be a hit for years to come. I think this is the begining of a trend in America.

Post a comment

(If you haven't left a comment here before, please note that we will read your comment before it is approved to go up on the blog. However, we'd prefer that you and our other readers didn't have to wait. If you'd like your comments to appear instantly in the future, you can create a TypeKey account and we'll set you up as a trusted commenter!)


Please enter the security code you see here

Sponsors

2009 Planning Guide for Mobile and Online Banking - Do more with less!
New Techniques for Secure Online Finance - Explore innovative ways to protect your customers online!
New Models in Lead Generation - Check out the best new ideas in getting customers online!


Sponsored Links

Events

  • Finovate 2008: On October 14th, Finovate returned to NYC to showcase the newest innovations in financial technology from companies large & small. The event was a huge success!
  • Did you miss FinovateStartup in April? Check out the videos of the demos!

Research

  • NEW! 2009 Planning Guide for Online & Mobile Banking: Packed with more than 1000 brainstorm-inducing ideas, tactics, and tips you can use to improve the effectiveness and profitability of your online initiatives! - Find out more
  • NEW! New Techniques for Secure Online Finance: Sandboxing, keyboard encryption, and real-time mobile integration could lock in more online customers - Find out more
  • NEW! New Models for Lead Generation Auctions, personal finance communities, and tools provide alternatives to Google AdWords- Find out more
  • Online Investing Communities: Will social networking revolutionize saving & investing?- Find out more
  • Searching for Customers 3.0: Search engine marketing for financial institutions- Find out more
  • Person-to-Person Lending 2.0: Disruptive service or market niche? - Find out more

Products & Services

  • Compare CD (certificate of deposit) interest rates and read customer reviews at Bankaholic