Daring to be different 1990 was a tumultuous time in the finance industry. The Geelong-based Pyramid Building Society collapsed and huge pressure was placed on the building society and non-bank financial institutions, writes former Marketing Manager Chris DeAraugo. Bendigo Building Society, however, remained strong and set out to build on its strength. Mergers with the Capital and Compass building societies had increased its market share and branch network. The challenge and opportunity was to present this strong and customerfocussed financial institution to people looking for an alternative to the bigger banks. The Bendigo engaged local advertising firm Cook, Green & Moore to work with them on a major advertising campaign that would carry their message across the state and into the competitive Melbourne market. The resulting campaign was very different from the traditional “banking” ads of the time. It used subtle humour and larger than life characters to help raise awareness of the Bendigo Building Society and present its products in a simple and friendly manner. The first challenge was to create a slogan or thematic statement that would help position the Bendigo. Cook, Green & Moore struck gold when they produced a simple but confident line that summed up what this regionally-based building society was all about! “Better than a Bank, for sure” it said, and this line was to underpin the advertising for the next five years. profile of the building society to unprecedented levels and presented the Bendigo as a genuine alternative to the larger banks. The next step was to build a creative approach to deliver this line and cut through the bigger budgets and “serious” banking messages of the competition. Introducing “Danny and Edo” – two unlikely friends who would regularly meet at their local Bendigo branch and discuss life and of course their banking needs. The hidden ‘secret’ of the campaign was that the more business-like character Edo actually worked at a big bank yet conducted his personal banking at this regionally-based building society. Danny and Edo ushered in a period of product innovation that saw them launch Bendigo Blue, the first debit card in Australia; Bendigo Gold, the first Passbook Term Deposit of its time; new lending products; and Bendigo Red, the building society’s first credit card. Not only did the campaign help launch these products, it raised the Our brand 22 For the next five years Danny and Edo appeared on TV screens across Victoria carrying the Bendigo Building Society proposition of being “Better than a Bank, for sure”. Then in 1995, Danny and Edo faced their biggest challenge as the building society geared to become Australia’s newest bank. And true to form Danny and Edo delivered their message about Australia’s latest bank with, of course, a subtle change to their tag line. It became “A Better Bank, for Sure!” Danny and Edo’s time as the slightly irreverent and humorous spokesmen for the Bendigo ended in 1997 yet left behind good memories and a very successful period of expansion, product innovation and growth for the organisation. 1997 saw the release of the “Every Step you Take” campaign that featured the well known Police song, Every Breath You Take and followed a young couple starting out on life’s journey with the help of course, of Bendigo Bank! Let us entertain you Bendigo Bank is about to launch a series of television commercials coinciding with the Beijing Olympic Games in August. The campaign will be an opportunity to remind people Australia-wide of our business. It is the first time the bank has undertaken such a large-scale advertising campaign but we decided that to be associated with the Olympic Games was an opportunity too good to miss. Bendigo Bank is a broadcast sponsor of Channel 7’s free-toair telecast. We won’t tell you more about the commercials until August. We can say the campaign ties in the role customers play in enabling the bank to produce good outcomes for the communities we service. A lot of the bank’s marketing is, in fact, conducted by wordof-mouth through the fastgrowing Community Bank® network. It helps that the Bendigo Bank brand is so well regarded, and as a result of our growth in the past decade, so well known. People will provide support as long as they see we are looking to add value for them and their community. The commercials begin airing on 8 August which is the date of the Olympic Games opening ceremony. The filming of our new television commercial. We hope you like them. Our brand 23
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