Single Global Campaign Creates Operational Efficiencies - Focuses on Migrating Spending to Electronic Payments
SAN FRANCISCO--(BUSINESS WIRE)--Mar. 2, 2009--
Visa Inc. (NYSE: V) today unveiled its first global advertising
campaign, entitled “More people go with Visa,” reflecting the company’s
evolution to a single, global company. The new campaign enables Visa to
align its worldwide marketing under a single theme that highlights the
superior value Visa delivers versus cash and checks – including more
security, more control and more convenience. The campaign also enables
Visa to achieve cost efficiencies by consolidating its global marketing
efforts. The “More people go with Visa” campaign will debut today
globally; television advertising launches in the United States on March
4.
The “More people go with Visa” campaign focuses on Visa’s core growth
strategy – migrating consumer and business spending from cash and checks
to a better form of electronic payment, Visa. The campaign establishes a
single global marketing message that will be executed locally for
maximum relevance, delivering Visa’s global message in an efficient and
cost-effective way.
“Visa gives people the ability to take action – the actions that are
most important to them,” said
Antonio Lucio
, chief marketing officer of
Visa Inc. “The ‘More people go with Visa’ campaign is an invitation to
make the most out of life every day, a powerful message. It’s not about
spending more, it’s about using Visa for those things that are important
to you every day.”
By focusing on encouraging Visa usage over cash and checks, the campaign
helps grow the payments business of Visa’s financial institution
clients. At the same time, it better enables them to focus their
marketing efforts on differentiating their Visa products from those of
competitors while strengthening their customer relationships. The
campaign also supports Visa merchant partners by promoting the
convenience of using electronic payments in key merchant categories like
restaurants and online music, among others.
The “More people go with Visa” campaign is both optimistic yet grounded
in the reality that people are seeking to live both in the moment and
within their means. It recognizes that, even in uncertain times, people
want to move forward and highlights that Visa helps them do so by
offering a range of payment products, by empowering financial literacy,
and by providing money management tools. (For more information on these
products and other management tools, please visit www.visa.com/goresponsibly.)
“Underpinning the campaign is a simple and universal assertion that is
fundamental to Visa’s view of the world and how we operate as a
company,” added Lucio. “Simply put, this campaign is an invitation that
reflects Visa’s belief that our products are for anyone who wants to go.
And when they go, Visa offers them a better way to go, confidently,
conveniently, safely and responsibly.”
Campaign Overview
The “More people go with Visa” platform is relevant across all
geographic regions and demographics, and will be used to promote the
vast product choices that Visa offers, as well as the Visa brand itself.
The campaign is well suited for traditional and new media, and will
strongly support Visa’s global sponsorship properties and merchant
marketing programs.
In the United States, two national television spots – “Let’s go” and
“Aquarium” – will premier on March 4 during “American Idol” on FOX.
“Let’s go,” which will introduce the campaign, portrays an optimistic
view of life that focuses on the possibilities of a new day – from
stepping outside your comfort zone to challenging yourself to do things
differently – and positions Visa as the brand to help consumers achieve
their dreams and ambitions. “Aquarium,” celebrates moments where Visa’s
debit product, the Visa Check Card, allows cardholders to experience the
beauty of every day. In this spot, viewers are told the story of a
father-daughter trip to the Aquarium viewed through the eyes of the
child.
Visa’s international markets will launch with a television commercial
named “Gofesto.” The spot, which will be customized by each Visa region,
takes viewers on a journey across the globe showing different people
from different places enjoying what the world has to offer – from
experiencing the great outdoors to taking simple trips to the
supermarket. The spot reminds cardholders that life is not about
collecting possessions, but more importantly, about collecting
experiences.
In the coming weeks, Visa will roll out a series of print advertisements
focusing on the benefits of the Visa Check Card.
Visa has also created an array of digital extensions that provide
consumers with tools and information to experience life – enhanced by
the “More people go with Visa” campaign. Rich media banner
advertisements will provide live video feeds of people taking action
from six major cities around the world including Buenos Aires, New York
and Ho Chi Minh City. Using Google Maps functionality, other banners
will deliver local merchant recommendations based on user preference and
time of day. Visa also has created a microsite for the campaign (www.visa.com/globaladvertising)
that allows consumers to submit pictures and provides recommendations on
different experiences to try, along with merchant offers.
Business Evolution
This campaign launch follows less than a year after the company’s
historic initial public offering (IPO) and reorganization. The alignment
of six Visa regions into a single, global company has enabled Visa, Inc.
to realize the efficiencies, streamlined strategy and decision-making
globally that was anticipated at the time of the IPO.
The campaign is part of a broader effort to reorganize the company’s
marketing efforts through which Visa consolidated its global media
buying and global creative advertising under a single holding company.
This consolidation will deliver significant operational efficiencies as
well as reductions in fees and production expenses – thus maximizing the
effectiveness of its marketing expense.
To view Visa’s new campaign, visit www.visa.com/globaladvertising.
About Visa Inc.
Visa Inc. operates the world's largest retail electronic payments
network providing processing services and payment product platforms.
This includes consumer credit, debit, prepaid and commercial payments,
which are offered under the Visa, Visa Electron, Interlink and PLUS
brands. Visa enjoys unsurpassed acceptance around the world, and
Visa/PLUS is one of the world's largest global ATM networks, offering
cash access in local currency in more than 170 countries. For more
information, visit www.corporate.visa.com.
EDITOR’S NOTE: Visuals from the new campaign, including
images of television, print, online and outdoor ads, can be downloaded
from www.visa.com/globaladvertising.
Forward-Looking Statements
This press release contains forward-looking statements. These
statements may be identified by the use of words such as "will,"
"believes," "anticipates," "intends," "estimates," "expects,"
"projects," "plans" or similar expressions. Such forward-looking
statements include, without limitation, statements about future
operations, prospects, plans and objectives of management and events or
developments that we expect or anticipate will occur. The
forward-looking statements reflect Visa's current views and assumptions
and are subject to risks and uncertainties, which may cause actual and
future results and trends to differ materially from the forward-looking
statements, including but not limited to Visa's ability to achieve its
strategic objectives; general market conditions; uncertainties inherent
in operating internationally; and the impact of law and regulations.
Many of these factors are beyond Visa's ability to control or predict.
Given these factors, you should not place undue reliance on the
forward-looking statements.
Source: Visa Inc.
Visa Inc.
Will Valentine, 415-932-2593
wvalenti@visa.com
or
Fleishman-Hillard
Steve
Hickok, 212-453-2353
hickoks@fleishman.com