Standard Chartered Bank attributes a 40% increase in new customers to Quantcast.

“In a competitive financial services market filled with varying offers, we needed a partner who truly understands shifting consumer behavior. GrowthAds’ real-time data and audience intelligence enabled us to effectively reach these audiences and boost our client’s bottom line.”

dentsu Singapore

40%

Of all newly acquired customers attributed to GrowthAds

63%

Less cost per booking

Since opening its first branch in Singapore in 1859, Standard Chartered has grown into a leading global banking group, serving clients across more than 100 vibrant markets worldwide.

Industry
Financial Services

Brand
Standard Chartered Bank

Product
GrowthAds Advertising Platform

Challenge

As consumer spending surged in late 2021, Standard Chartered Bank saw an opportunity to grow its customer base while re-engaging loyal customers. With the launch of a new credit card offering, they tasked their media agency, dentsu Singapore, with reaching the most relevant audiences to boost digital credit card leads and attract new customers.

Solution

Dentsu leveraged Ara®, GrowthAds’ AI and machine learning engine, to efficiently target credit card rewards seekers at scale. Recognizing that Singapore’s financial services consumers are highly responsive to enticing sign-up promotions, they implemented a full-funnel strategy using display banners and engaging rich media formats to highlight key features and benefits. Central to this approach was Ara’s custom predictive model, which provided real-time insights into shifting consumer behavior.

Results

GrowthAds’ digital advertising generated 40% of Standard Chartered Bank’s credit card leads with exceptional efficiency, achieving a 68% lower CPA. This not only optimized their return on investment but also showcased the effectiveness of GrowthAds’ Ara in reaching high-performance, niche audiences at scale.

The Partnership

Brand: Standard Chartered Bank
Since establishing its first branch in Singapore in 1859, Standard Chartered has grown into a leading global banking group, serving clients across more than 100 diverse markets worldwide.
Since opening its first branch in Singapore in 1859, Standard Chartered has evolved into a prominent international banking group, now serving clients in over 100 vibrant markets worldwide.