UBS boosts global rebranding effort with Formula 1 deal
Wednesday, August 25th, 2010
Swiss bank UBS has bolstered its new international branding campaign with a global partnership with Formula 1. The partnership was announced soon after the bank launched its global rebranding effort.
UBS unveiled a new international advertising campaign last Sunday 22 August. Geared towards rebuilding customers’ trust after UBS was hit particularly hard by the credit crisis, the multi-million pound international brand implementation launched in the bank’s home country of Switzerland. It will roll out in the rest of Europe at the end of this month.
Created by advertising agency Publicis, the rebranding campaign drops the previous “you and us” strapline in favour of “we will not rest”. The Formula 1 partnership, meanwhile, will launch at the 2010 Singtel Singapore Grand Prix in late September.
According to the bank’s executives, using Formula 1 for global brand marketing is a sensible strategy as the sport has year-round activity, is very popular and highly visible. Formula 1 also has particularly strong presence in Asia, the Middle East and Latin America, which are key growth markets for UBS. (more…)
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