Stock Report

Bajaj Finserv wins gold for 'Digital Marketing Excellence' at Digixx 2019



Posted On : 2019-04-04 17:46:36( TIMEZONE : IST )

Bajaj Finance Ltd, the lending arm of Bajaj Finserv, India's fastest growing and most diversified Non-Banking Financial institution bagged the gold award for 'Digital Marketing Excellence in Financial Service'- for its Fixed Deposit digital campaign at DIGIXX 2019 Awards by Adgully.

The campaign designed along with Logicserve Digital aimed at creating informed awareness in the digital space about Bajaj Finance Ltd offering Fixed Deposits with the highest interest of 9.10 % with flexible tenors ranging from 12-60 months. The underlying objective was to shift customer psyche from awareness or consideration to preference for the brand.

Using remarketing techniques along with a combination of Search, Google Display and Facebook, the campaign successfully reached new audiences online, driving the value proposition of Bajaj Finance Fixed deposits.

In a short span of five months, the campaign garnered over 50,000 leads with approximately 66.8 million impressions, resulting in 23% growth of business for Fixed Deposits. The campaign successfully created a lasting impressing on the discerning new age digital customers, helping them make informed decisions when it comes to investing their money.

"We are driven by the possibility of disrupting status quo and finding new frontiers of growth for business. It is heartening to see our efforts get acknowledged by a forum of such prestige and credibility", says Manev Mianwal, Group Marketing Head, Bajaj Finserv.

The DIGIXX Awards are designed to recognize and celebrate excellence in Digital Marketing and Advertising. The awards seek to set the industry-wide benchmark in digital engagement.

The winners were announced at a full-house ceremony on March 29 at The Leela Ambience, Gurugram.

Shares of BAJAJ FINSERV LTD. was last trading in BSE at Rs.7323.35 as compared to the previous close of Rs. 7393.25. The total number of shares traded during the day was 6800 in over 1080 trades.

The stock hit an intraday high of Rs. 7411.6 and intraday low of 7280. The net turnover during the day was Rs. 49983450.

Source : Equity Bulls

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