To create awareness about its bank and the various services it provides, HSBC has decided to use extensive promotional strategy. Advertising was the best tool and therefore HSBC placed advertisements on billboards, newspapers and business magazines. Informative commercials were telecastat regular intervals on the television so that the consumers could become familiar with the bank and its strategies.
All the ads of the bank have been informative, emphasizing on the numerous products and services it provides. HSBC has acted as sponsors for many events and exhibitions. It has been the official sponsor of “JaguarRacing Formula One” team, “HSBC Women’s Champions” in Golf, “AS Monaco” in Football, “Telford Raiders” in Rugby. HSBC is also the banking partner of “Wimbledon Tennis Championship”.
To create a good image of its bank, it has become a supporter of environmental and social causes for instance the bank is promoting to protect nearly twenty thousand plants from being extinct. HSBC has a tie-up with “SOS Children” and are the sponsors of “Great Canadian GeographyChallenge”.