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Fifth Third Northeast
   Home Renovation Mortgage Program
UPDATED Marketing Communication Proposal

                May 14, 2012
Assignment

Assist Fifth Third in developing a communication plan
to promote the advantages of their new Home
Renovation Mortgage Program.
This campaign will launch with realtors and other key
stakeholders in the Cleveland market in Summer,
2012 followed by the potential rollout across all target
audiences in the fall of 2012.




                         Siddall, Inc.                     2
Objectives

• Drive awareness of the advantages of the Home
  Renovation Mortgage from Fifth Third with realtors
  and other key community targets in the greater
  Cleveland market
• Build the relationship between the realtor and the
  Fifth Third Renovation MLO specialists
• Provide a turnkey program that allows for clear
  evaluation of the various elements of the campaign



                         Siddall, Inc.                 3
Target Audiences




      Siddall, Inc.   4
Strategy

• Build awareness among the targeted audiences in
  the Cleveland market surrounding the benefits of the
  Home Renovation Mortgage
• Ensure that Fifth Third is seen as committed to this
  program and the specialists for the realtor and their
  clients
• Illustrate the ease of working with Fifth Third to
  navigate the waters around this complicated product



                         Siddall, Inc.                    5
Proposed Tactics
   Soft Launch




      Siddall, Inc.   6
Campaign Backbone:
      The Information Portal and Educational Video
Now that the development of the Informational Portal and
Educational Video are nearly complete, this plan will address how
to promote and drive traffic to the portal and deliver the video
across our key target segment of realtors, community leaders and
existing Fifth Third mortgage customers (refinance).




                              Siddall, Inc.                         7
Tactic 1:
        Intersecting and Engaging with the Realtors

•   Realtor.com
    – We recommend a strong buy with realtor.com where we will deliver
      companion ads - banner, header ads coupled with information ads - that
      drive to the Information Portal
    – An aggressive buy for a three month period – we have to negotiate
      placement with realtor.com for the companion ads. Where possible we will
      utilize this ad but we may have to use standard banners as well if inventory
      is sold out
    – eFlyers are electronic communications that realtor.com send to all their
      subscriber network – currently around 6,000 realtors in the Cleveland area;
      we build the content and provide layout direction within one of their template
      designs
•   Linkedin
    – Geo-targeted ads to realtors and real estate agents/companies
    – Promote the video, link to the Information Portal


                                     Siddall, Inc.                                 8
Tactic 2:
Intersecting and Engaging with Community Leaders and
                  Housing Authorities
•   Post Card Drip Campaign
    – Over the three months of the initial campaign we recommend distributing
      three post card mailings to local community leaders and housing
      organizations
    – This series will inform about this new product but will also invite
      conversation with the local housing authorities and the MLO and offer
      seminars to “educate” about this opportunity for their constituents
    – We will also focus on driving them to the Information Portal
    – We will embed our educational video with the first release




                                    Siddall, Inc.                               9
Tactic 3:
    Intersecting and Engaging with Existing Fifth Third
             Mortgage Customers - Refinance
•   Direct Mail Letter or Statement Stuffer
     – Reach out to existing Fifth Third mortgage customers who might be
       interested in refinancing their home under the Renovation Mortgage
     – Create a special invitation for them to see how Fifth Third can help them
       turn their existing home into the home of their dreams
     – We will also focus on driving them to the Information Portal and/or
       contacting their Home Renovation Mortgage MLO




                                      Siddall, Inc.                                10
Tactic 4:
               Priming the Pump for Consumers

•   Google
    – Paid search and contextual targeting
    – Banner ads promoting the Home Renovation Mortgage and linking to
      relevant content areas




                                  Siddall, Inc.                          11
Budget – Soft Launch
Media
Internet
  Google                 Paid & Contextual Search             $     6,500.00
  LinkedIn               Geo-targeted to Realtors             $       450.00
  Realtor.com            Geo-targeted Companion Ads
                         & eFlyers                            $       700.00
Sub-Total: Media (monthly net costs)                          $     7,650.00
Sub-Total: Media (three month campaign)                       $    22,950.00


Production
Imagery                 Stock photography                     $     5,000.00
                        Retouching                            $     4,500.00
Internet                Banner Prep (Google & Realtor.com)    $    10,000.00
                        eFlyers (Realtor.com)                 $     5,000.00
Direct Mail             Post card series (lists/print/mail)   $    25,000.00

                        Refinance customer letter or
                        statement stuffer                     $    10,000.00
Sub-Total: Production                                         $    59,500.00


Information Portal
Hosting                  Six months                           $       500.00
Maintenance              Six months                           $     3,000.00
Sub-Total: Informtion Portal                                  $     3,500.00

Agency Fee

                        Project fee, or Agency hours          $    25,000.00
Sub-Total: Fee                                                $    30,000.00
                                      Siddall, Inc.                            12

Soft Launch Total:                                            $   115,950.00
Timing & Next Steps – Soft Launch
                                         Steps                   Timing

1. Project scope submitted                                          17-May

2. Project scope approved                                           22-May

3. Media plan submitted                                             31-May

4. Project estimate submitted                                       31-May

5. Project estimate approved                                         4-Jun

6. Media plan approved                                               6-Jun

7. Creative concepting, directional approaches                      11-Jun

8. Creative direction approved                                      14-Jun

9. Final creative pieces (copy, art direction)                      21-Jun

10. Approval of all creative elements                               22-Jun

11. Media buy completed                                             22-Jun

12. Turn over final mechanicals to production                       22-Jun

13. Info Portal & Educational Video Go Live                         22-Jun
                                                 Siddall, Inc.               13
                                Target In-Market Date               25-Jun

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Fifth Third Home Renovation Loan Campaign Rollout 5.14.12

  • 1. Fifth Third Northeast Home Renovation Mortgage Program UPDATED Marketing Communication Proposal May 14, 2012
  • 2. Assignment Assist Fifth Third in developing a communication plan to promote the advantages of their new Home Renovation Mortgage Program. This campaign will launch with realtors and other key stakeholders in the Cleveland market in Summer, 2012 followed by the potential rollout across all target audiences in the fall of 2012. Siddall, Inc. 2
  • 3. Objectives • Drive awareness of the advantages of the Home Renovation Mortgage from Fifth Third with realtors and other key community targets in the greater Cleveland market • Build the relationship between the realtor and the Fifth Third Renovation MLO specialists • Provide a turnkey program that allows for clear evaluation of the various elements of the campaign Siddall, Inc. 3
  • 4. Target Audiences Siddall, Inc. 4
  • 5. Strategy • Build awareness among the targeted audiences in the Cleveland market surrounding the benefits of the Home Renovation Mortgage • Ensure that Fifth Third is seen as committed to this program and the specialists for the realtor and their clients • Illustrate the ease of working with Fifth Third to navigate the waters around this complicated product Siddall, Inc. 5
  • 6. Proposed Tactics Soft Launch Siddall, Inc. 6
  • 7. Campaign Backbone: The Information Portal and Educational Video Now that the development of the Informational Portal and Educational Video are nearly complete, this plan will address how to promote and drive traffic to the portal and deliver the video across our key target segment of realtors, community leaders and existing Fifth Third mortgage customers (refinance). Siddall, Inc. 7
  • 8. Tactic 1: Intersecting and Engaging with the Realtors • Realtor.com – We recommend a strong buy with realtor.com where we will deliver companion ads - banner, header ads coupled with information ads - that drive to the Information Portal – An aggressive buy for a three month period – we have to negotiate placement with realtor.com for the companion ads. Where possible we will utilize this ad but we may have to use standard banners as well if inventory is sold out – eFlyers are electronic communications that realtor.com send to all their subscriber network – currently around 6,000 realtors in the Cleveland area; we build the content and provide layout direction within one of their template designs • Linkedin – Geo-targeted ads to realtors and real estate agents/companies – Promote the video, link to the Information Portal Siddall, Inc. 8
  • 9. Tactic 2: Intersecting and Engaging with Community Leaders and Housing Authorities • Post Card Drip Campaign – Over the three months of the initial campaign we recommend distributing three post card mailings to local community leaders and housing organizations – This series will inform about this new product but will also invite conversation with the local housing authorities and the MLO and offer seminars to “educate” about this opportunity for their constituents – We will also focus on driving them to the Information Portal – We will embed our educational video with the first release Siddall, Inc. 9
  • 10. Tactic 3: Intersecting and Engaging with Existing Fifth Third Mortgage Customers - Refinance • Direct Mail Letter or Statement Stuffer – Reach out to existing Fifth Third mortgage customers who might be interested in refinancing their home under the Renovation Mortgage – Create a special invitation for them to see how Fifth Third can help them turn their existing home into the home of their dreams – We will also focus on driving them to the Information Portal and/or contacting their Home Renovation Mortgage MLO Siddall, Inc. 10
  • 11. Tactic 4: Priming the Pump for Consumers • Google – Paid search and contextual targeting – Banner ads promoting the Home Renovation Mortgage and linking to relevant content areas Siddall, Inc. 11
  • 12. Budget – Soft Launch Media Internet Google Paid & Contextual Search $ 6,500.00 LinkedIn Geo-targeted to Realtors $ 450.00 Realtor.com Geo-targeted Companion Ads & eFlyers $ 700.00 Sub-Total: Media (monthly net costs) $ 7,650.00 Sub-Total: Media (three month campaign) $ 22,950.00 Production Imagery Stock photography $ 5,000.00 Retouching $ 4,500.00 Internet Banner Prep (Google & Realtor.com) $ 10,000.00 eFlyers (Realtor.com) $ 5,000.00 Direct Mail Post card series (lists/print/mail) $ 25,000.00 Refinance customer letter or statement stuffer $ 10,000.00 Sub-Total: Production $ 59,500.00 Information Portal Hosting Six months $ 500.00 Maintenance Six months $ 3,000.00 Sub-Total: Informtion Portal $ 3,500.00 Agency Fee Project fee, or Agency hours $ 25,000.00 Sub-Total: Fee $ 30,000.00 Siddall, Inc. 12 Soft Launch Total: $ 115,950.00
  • 13. Timing & Next Steps – Soft Launch Steps Timing 1. Project scope submitted 17-May 2. Project scope approved 22-May 3. Media plan submitted 31-May 4. Project estimate submitted 31-May 5. Project estimate approved 4-Jun 6. Media plan approved 6-Jun 7. Creative concepting, directional approaches 11-Jun 8. Creative direction approved 14-Jun 9. Final creative pieces (copy, art direction) 21-Jun 10. Approval of all creative elements 22-Jun 11. Media buy completed 22-Jun 12. Turn over final mechanicals to production 22-Jun 13. Info Portal & Educational Video Go Live 22-Jun Siddall, Inc. 13 Target In-Market Date 25-Jun