Muthoot Finance has recently launched its new marketing campaign titled “Haathi Pe Bharosa Karogey Toh Pakka Jeetogey!”.
The campaign is all about having belief and trust in the brand, which has two elephants in its logo. The campaign is anchored by the brand’s ambassador and actor Amitabh Bachchan.
The stories in the three-films are built around the game of chess, which Bachchan is playing against different players in each film. The important role of the Elephant or the Rook in a game of chess and as the emblem of the brand, is interestingly weaved into each film.
In all the three films, the Elephant has been presented as a critical enabler that makes the player win each time. This win in a game of chess using the Elephant is a metaphor for winning in life by trusting the Muthoot Elephant and availing Muthoot Finance Gold Loans to realise your dreams.
The strategy has been to build a sharp distinction for the brand and drive new customers towards it.
Alexander George Muthoot, Joint Managing Director, The Muthoot Group, said, “Through this clutter-breaking campaign, we present our brand in a distinguished and unique way through the game of chess. Our endeavour is to facilitate people lead a much better quality of life by helping them unlock the true potential of their emotional currency (household gold jewellery) and move ahead in life. Our objective is also to help grow the gold loan category, and being the category leader, we consider it as our primary responsibility to lead the way. With +25,000 tons of gold in the form of household jewellery available in India and less than 5% of it being monetised by way of gold loans; the scope for growth is tremendous. I am confident this new communication of ours will pave the way for us to further strengthen our leadership position in the gold loan category.”
Abhinav Iyer, General Manager - Marketing and Strategy, The Muthoot Group, said, “In addition to growing the category, our objective was also to firmly establish Muthoot Finance’s emblem strongly in the minds of our existing and prospective customers. In a sector that has many players, it is critical to distinctly differentiate ourselves from the rest. We believe our new campaign ‘Haathi Pe Bharosa Karogey Toh Pakka Jeetogey’ will help create a strong visual identity for our brand logo synonymous to the product and drive traffic to our branches and digital assets, powered by our unique value propositions.”
The integrated campaign will be seen across television, print, outdoor, internet and point of sale, besides other mediums.