Keystone Automotive Industries, Inc. Platinum Plus ...
Keystone Automotive Industries, Inc.
Platinum Plus Branding Campaign
Direct mail campaigns emphasizing the
quality and guarantee of the products
help to establish credibility in a negatively
portrayed industry.
T he C hallenge
Keystone Automotive Industries, Inc.
(NASDAQ: KEYS) is the nation¡¯s leading
distributor exclusively dedicated to
aftermarket collision replacement
parts, servicing over 25,000 body shops
nationwide. Since 1947, the company¡¯s
goal has been to provide its customers
with a high-quality, lower-cost alternative
to original equipment manufacturer (OEM)
replacement parts and deliver better
service. In 1999, a civil case against State
Farm damaged the reputation of the
automotive aftermarket collision repair
industry, resulting in a disappointing
bottom line for industry-leader Keystone
and a general skepticism from body shops
and the automobile insurance industry
about the quality of Keystone¡¯s products.
Color advertisements for industry trade
publications help announce the positioning
of the Platinum Plus product line and its
benefit to the collision repair industry.
campaign supporting this strategy was
simultaneously launched to establish
relationships and build credibility with
trade editors and publishers.
T he R esults
Since introducing the Platinum Plus
line in 2001, Keystone has experienced
significant improvements in sales and
industry perceptions, including a renewed
commitment from insurance providers to
specify Platinum Plus aftermarket collision
repair parts and satisfied repeat body
shop customers. Additionally, Keystone¡¯s
brand has been rejuvenated, sales and
communication channels have been
enhanced, and employee satisfaction
levels continue to rise. The Company¡¯s
annual revenue has more than tripled,
keeping them on target to meet their $1
billion goal within the next few years.
T he A pproach
To reposition its brand, Keystone
developed the industry¡¯s first premium
product line: Platinum Plus. The approach
with Platinum Plus was straightforward:
Provide the customer with a high-quality
product backed by a guaranteed lifetime
warranty for fit, finish and quality. Once
the Platinum Plus product line was
successfully re-introduced, campaigns
targeting body shops and insurance
companies were developed to further
establish Keystone¡¯s prominence in the
aftermarket industry. A public relations
2007 Gold ADDY ? Award - Best of Show
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