Kotak Mahindra Life Insurance Company Limited launched its digital-first campaign for its Guaranteed Wealth Builder Plans (GWBPs).
Said Subhasis Ghosh, Joint President, Kotak Mahindra Life Insurance Company: “Our campaign aims to empower individuals to make informed decisions and secure their financial future through the bouquet of the Guaranteed Wealth Builder Plans (GWBPs). These plans assure investors of fixed returns, thereby providing steady financial growth. Recognising the importance of financial certainty, GWBPs enable investors to strategise and budget their finances confidently, a crucial aspect given that economic uncertainties are common.”
Added Ankit Mathur, Group Creative Director at Grey Group: “With Kotak Guaranteed Wealth Builder Plans, we had the unique opportunity to combat two of the biggest concerns consumers have in regards to their investments– the uncertainty of returns and the need to invest in tax-efficient instruments. We created two films that voice out the internal thoughts of our audience in a light-hearted way.”
Kotak Mahindra Life Insurance Company Limited (Kotak Life) has announced the launch of its five-city outdoor campaign to increase awareness about its recently launched health insurance product – Kotak Health Shield. The campaign is spread across five major metros namely Bangalore, Chennai, Kolkata, Ahmedabad and Pune.
Said Subhasis Ghosh, Head – Institutional Business, Marketing and Alliances, Kotak Mahindra Life Insurance Company Ltd: “With the novel corona virus pandemic and continuing rise in chronic diseases, healthcare and health insurance should be people’s top priority. To increase awareness of Kotak Life’s first flagship health insurance product – Kotak Health Shield, we have rolled out an outdoor campaign, which will supplement our on-going digital campaign on platforms like Facebook, YouTube, Hotstar and Sony LIV,” adding: “These sites have been carefully selected keeping in mind high traffic areas, locations, visibility and availability that would amplify our message that any financial plan is incomplete if you have not accounted for health insurance.”
iProspect India has bagged the digital marketing mandate for Kotak Mahindra Life Insurance (Kotak Life). Under this partnership, iProspect India will offer its services to brand Kotak Life in search engine optimisation (SEO), search engine marketing (SEM), paid social, affiliates and display facilities.
Rubeena Singh
Said Rubeena Singh, CEO, iProspect India: “We are delighted with this win. We will work towards providing unique and innovative digital marketing solutions and growth hacks to brand Kotak Life. Kotak Life Insurance is focused on acquiring customers digitally and now, as partners in their growth story, we look forward to scaling up the digital business of Kotak Life Insurance using our integrated, data-driven and tech-enabled approach.”
Kotak Life Insurance has rolled out a new digital campaign, ‘Ab Meri Baari’ for their latest Active Retirement plan. It has launched with an inspiring digital video commercial that speaks about the life of a layman and his dreams. The campaign is conceptualized by WATConsult, the full service digital agency from the Dentsu Aegis Network.
The video starts with a college going boy convincing his mother to let him go on a bike trip to Ladakh. The mother doesn’t allow as she believes that the trip will ruin his studies and ultimately career. The boy has to give up on his passion for completing the classic life goals of a common man: education, career, marriage etc. However, the video ends on a happy note when it shows how the boy follows his passion after retirement by going on that bike trip. The message, in turn, enforcing the active retirement plan by Kotak Life Insurance.
Elizabeth Venkataraman
Elizabeth Venkataraman, Executive Vice-President & Head- Marketing, Kotak Mahindra Old Mutual Life Insurance Limited (KLI) said, “Through our #AbMeriBaari digital campaign, we want to motivate people to start planning early (35-40 years) for retirement. This will help ensure a better retirement corpus for individuals. Interests and passion are not tied to age as they once were. There is a growing focus on fitness and as a result people look and behave young and need money to fund that. With technology and social media being as accessible to the ‘retired and retiring’ generation as it is to the youngsters, there is immense scope to connect with the audience online. We believe this video will connect with our audiences across the chosen platforms.â€
Rajiv Dingra
Commenting on the campaign, Rajiv Dingra, Founder and CEO, WATConsult said, “Life after retirement is an important topic yet handled with a laidback attitude. With ‘Ab Meri Baari’ campaign we target those who aren’t following their passion due to the responsibility of earning livelihood. The campaign starting with a DVC (digital video commercial) is followed by a complete digital promotion with contests, social posts etc. We are sure to drive conversation around active retirement with the campaign.â€
Another Bollywood classic lifted. Kotak Life promises you guaranteed second income in their new commercial, and the idea is ‘cloning’. The jingle borrows the popular Qurbani film song, and the tinkered words are: ‘Mere jaisa koi meri zindagi mein aaye’.
In the commercial, people discover duplicates of themselves, much to their delight. And these clones happily assist the originals in their activity. A singer gets a partner to croon with. A chef gets a partner to aid in preparing a delicacy. Another chap gets a look-alike to help him board a moving bus. It’s not a bad idea at all. If the Kotak Life managers are alive to the long term possibilities of the cloning idea, then they are on to a good thing. It can become a powerful brand property. But if it’s just a one-off TVC, then the ad only serves as a cute entertainer, and no more. The real challenge is how they take this one forward.
The one little problem is this: Because all the ad time gets used up in establishing the clones, there’s no chance of telling us exactly how Kotak Life will help us double our income. For that, we have to call/visit them to find out. That’s fine… because you can’t load a brochure on TV… but it also means the idea must be pumped with steroids, else it serves little purpose.
All said, I like the core thought. Wouldn’t all of us like a duplicate to share our work load? For the politicians, that’s serious double ‘income’, hehe.
Rating: (On a scale of 1 to 5): 3. Good long term potential
By Anil Thakraney