Singapore’s Invisible Financial Safeguard – SDIC

March 9, 2018

Singapore is a safe haven.

But it’s safe only because we have built safeguards behind it.

Like the Singapore Deposit Insurance Corporation (SDIC), which secures Singaporeans’ deposits in our financial institutions in case of a bank or financial institution collapse.

But really, did you know? Should you even care?

SDIC was invisible. Only 47% of Singaporeans knew of its existence and its role.

We had a difficult job to get people, especially younger Singaporeans, to know – let alone care about it.

The SDIC was set-up to insure Singaporeans’ bank deposits for up to S$50,000, as well as protect and
insurance policies to various limits.

It was made for the ‘everyman’ Singaporean to secure their hard-earned assets.

But awareness was stagnating and younger Singaporeans between 20-39 years were the least informed.

So without breaking the bank, SDIC had to find a clever and engaging way to go under-the-radar and
engage these younger mass of Singaporeans.

To engage a younger generation, SDIC has to get more social, street-cred and talkability.

The tone of voice was absolutely critical: Colourful colloquial humour displaces ‘officious’ corporate speak.

As a social-first campaign, we developed and produced a series of social content videos to show the most unlikely people talking up SDIC:

Brand Acronym Awareness

Kids who guessed what ‘SDIC’ stood for; their funny, unpredictable replies brought to life SDIC in an entertaining, surprising way;

SDIC’s Frequently Asked Questions (FAQ)

These came alive via Singaporean characters such as The Taxi Driver, The Coffee-shop Uncle, The Security Guard, The Durian Seller and The Construction Safety Supervisor, as they entertained and explained policies in unofficial Singlish dialogue and with visual-aids (legal disclaimers and text appeared as “translations” in the accompanying supers.)

The FAQ filmlets alone amassed over 5 million views.

Taxi Driver –

Security Guard –

Safety Supervisor –

Coffee Shop Uncle –

Durian Seller –

SDIC Financial Lifestyle Tips

Released as monthly videos and GIFs year-long; timed for key occasions such as Chinese New Year, pay day, wedding planning, starting a family; share rates rose by over 10 times than previous campaign.

Screen Shot 2018-03-08 at 7.18.52 PM
Screen Shot 2018-03-08 at 7.19.28 PM
Screen Shot 2018-03-08 at 7.18.35 PM

‘Serious’ Brand Charter Told With Humour

Once we had brand affinity and love, our final campaign thrust told the public of SDIC’s charter to protect people’s funds. Popular local acapella group MICapella to rescored and sang alternative lyrics using nursery songs – which proved to be another huge hit.

From low brand awareness and affinity, SDIC’s 2017 campaign outperformed all of its targets;
catapulting brand awareness, equity and product comprehension to new highs.

Brand Recognition which was stagnant for the last 3 years, increased by 11%

Consumer connectedness to the brand showed in high engagement rates reaching 600% from previous years.

Policy Understanding after exposure to SDIC’s content increased by 15%!

It’s amazing what social content can do for brand awareness and understanding when we adjust our frequency to reach

Other Works
McDonald's
McDonald’s celebrates our unsung hero this Ramadan with ...
NEA
Catchfire – DDB dishes out life hacks to save the environment
McDonald's
Catchfire - DDB Singapore turns McDelivery into iconic favourites, ...
McDonald's
McDonald’s unites all fried chicken lovers with crispy chicken perfection.
MCCY
DDB engages Singaporeans on social cohesion with a 17-foot ...
McDonald's
From Chinatown to China, come home to McDonald’s prosperity.
McDonald's
DDB tells a Singaporean love story for McDonald’s 40th Anniversary
Tribal Worldwide Asia launches Total Experience™ (TX)