Author: Alex Birch
Introduction:
In the ever-evolving landscape of social media, Meta, formerly known as Facebook, has unveiled a groundbreaking platform called Threads. With Threads, Meta aims to address the growing concerns and backlash against established social media platforms while providing a fresh and innovative user experience. This article explores the essence of Threads, its target audience, potential implications for social giants, and the advantages it offers to users.
The Backlash against Twitter and Elon Musk’s Role in Latest Developments:
In recent years, platforms like Twitter have faced significant criticism for issues such as harassment, misinformation, and a lack of meaningful content moderation. Notably, prominent figures like Elon Musk have played a role in highlighting the challenges and fueling discussions around the need for alternative platforms.
Elon Musk, the influential entrepreneur and CEO of companies like Tesla and SpaceX, has been an active user of Twitter, often utilizing the platform to communicate with his vast following. However, his controversial and sometimes impulsive tweets have sparked debates about the impact of unchecked social media interactions.
Musk’s tweets have sometimes resulted in significant consequences, such as stock market fluctuations or controversies surrounding specific industries. These incidents have drawn attention to the potential risks associated with unfiltered social media platforms and the need for more responsible communication channels.
What Threads is All About:
Threads represents Meta’s response to the aforementioned challenges. It offers a user-centric approach with a focus on creating meaningful connections and fostering positive interactions. Threads aims to provide a space where users can engage with like-minded individuals, discover quality content, and curate their online experience to align with their interests and values.
Who is Using Threads (Audience):
Threads caters to a broad range of users, including individuals seeking an alternative to traditional social media platforms and those who desire a curated and controlled online presence. It appeals to individuals who value meaningful interactions, authenticity, and a more positive digital experience. Additionally, Threads may attract content creators, influencers, and businesses looking for a platform that prioritizes quality engagement and targeted audience reach.
What Might Be Next for the Social Giants?
Threads signifies a potential shift in the social media landscape. As users increasingly demand a healthier online environment, other social giants may follow suit and reevaluate their platforms. To remain competitive and address user concerns, platforms like Twitter and Instagram might need to reconfigure their algorithms, enhance content moderation, and provide more user control over the content they consume.
Why Use Threads:
It offers several advantages that make it an attractive option for users. It promotes meaningful connections, prioritises quality content, and emphasises a positive digital experience. The platform’s robust content moderation and privacy controls allow users to curate their online presence, ensuring a safer and more enjoyable social networking experience. Threads also aims to foster a sense of community by facilitating conversations around shared interests and passions.
How Polar London Can Bring Tech and Creative Ideas Together to Help Our Clients:
While this article primarily focuses on Threads, it is worth mentioning that Polar London, a leading tech and creative agency, can bring together the power of technology and innovative ideas to assist clients in leveraging platforms like Threads. By combining expertise in digital marketing, creative campaigns, and technological solutions, Polar London can help clients navigate the ever-changing social media landscape and maximize their presence on Threads and other emerging platforms.
Conclusion:
Meta’s Threads represents a compelling step towards a more positive and user-centric social networking experience. With its emphasis on meaningful connections, curated content, and user control, Threads has the potential to reshape the future of social media. As social giants face mounting backlash, this new platform sets the stage for a more considerate and authentic online community, empowering users to engage, connect, and share in a safer and more fulfilling manner. Elon Musk’s role in the recent developments highlights the urgency for platforms like Threads, which prioritize responsible and curated interactions.
Don’t forget to follow us on Threads
The good old trusted neighbourhood pharmacies have managed to reposition themselves from just a corner staple to mega-strong brands that add astounding levels of comfort and convenience to their consumers’ lives. See our top 4 pharmacy campaigns below that span out of Covid and repositioned the market forever.
Top 4 Pharmacy campaigns
Here are our top 4 pharmacy campaigns by pharmacies that worked hard at garnering brand affinity in recent years. And have transformed the purpose of your local pharmacy from only a commodity store to that of a friend, carer, and trustworthy guide:
Walgreens’ “This is Our Shot” COVID-19 Vaccination Campaign:
Walgreens launched a powerful campaign in early 2021 to promote the COVID-19 vaccine. The campaign, called “This is Our Shot” featured television and social media ads that encouraged people to get vaccinated. It highlighted the importance of vaccination to protect individuals and communities from the virus.
The campaign was widely praised for its clear messaging and effective use of social media platforms like Twitter and Instagram.
CVS Health’s “Health is Everything” Campaign In 2020:
CVS Health launched a new campaign called “Health is Everything” The campaign featured television and digital ads that emphasized the importance of health and wellness in everyday life. The ads showcased the range of services that CVS Health provides. From prescription drugs to health clinics to wellness products.
The campaign was effective in raising awareness of CVS Health’s brand and promoting its various services.
Rite Aid’s “More Than a Pharmacy” Campaign:
Rite Aid launched a new campaign in 2021 called “More Than a Pharmacy” The campaign aimed to showcase the range of services that Rite Aid provides beyond just prescription drugs. The campaign included television and digital ads that highlighted Rite Aid’s wellness programs, health clinics, and beauty products.
The campaign was well-received by customers and helped to increase awareness of Rite Aid’s offerings.
Walgreens’ “Feel More Like You” Cancer Support Campaign:
Walgreens launched a powerful campaign in 2020 called “Feel More Like You” The campaign aimed to support cancer patients by providing personalized care and support. The campaign included television and digital ads that featured cancer survivors sharing their stories and highlighting the role that Walgreens played in their treatment.
The campaign was effective in raising awareness of Walgreens’ cancer support services and building trust with cancer patients.
Walmart’s “Express Delivery” Campaign In 2020:
Walmart launched a new campaign to promote its express delivery service for prescription drugs. The action included television and digital ads that emphasized the convenience and speed of Walmart’s delivery service by featuring real customers sharing their experiences with the service.
The campaign helped reinforce and highlight Walmart’s commitment to providing affordable and convenient healthcare options.
Pharmacies have embraced the important part they have in any consumer’s life. Positioning themselves in different meaningful roles, from carer to friend, from friend to hero. This not only helps them succeed in promoting their brand and new services to customers. But they can keenly garner lifelong consumers that will keep coming back.
As the industry continues to evolve, it will be interesting to see how pharmacies use newer ways of advertising and connecting with consumers to differentiate themselves.
The world changed. Tech advanced. Users and customers evolved. And the pharmacy industry is not the same as before.
Get in touch with Polar London and ensure your strategy is the best one for maximum growth and engagement.
Learn how the Pharma industry is embracing emerging tech to complement thier marketing efforts
Pharma is an industry that has been more cautious when it comes to quickly adopting new tech and change, compared to other industries. And often that behaviour may halt the pace at which newer technologies -to engage better with customers- are adopted, taking a bit longer compared to other industries.
But in this new era, where more content is produced in a week than a year’s worth of material decades ago… Consumers expect innovation and creativity to stay engaged.
While a great part of the industry still thinks print-first when it comes to informing users about their products. Others have taken a stand, and have become frontrunners for adopting new technologies to improve -and modernize- the ways of connecting with patients.
But those who stand at the forefront of the pharmaceutical industry’s marketing, understand that print-first is okay, but new technologies have the power to increase the efficiency of marketing actions manifold if used correctly.
Here are some examples of how pharma companies leverage new tech:
ARTIFICIAL INTELLIGENCE
They have not only disrupted the world as of now. But they are also being leveraged by Pharma giants. It’s the case of Pfizer Brazil, where their AI Chatbot ‘Fabi’ provides astoundingly intelligent support and information on medicines. On the other hand, Novartis is also using AI-based analytic tools to engulf consumer data and extract insightful trends that later on become laser-focused marketing strategies. Even having a dedicated AI Lab in collaboration with Microsoft.
VIRTUAL REALITY
Thanks to VR, immersive and unbelievable customer experiences are being created daily. Johnson & Johnson has used VRs to invite customers to their facilities and observe how products are made. Roche built amazing educational experiences for healthcare professionals. From showcasing complex medical procedures without risk. To some of their products, among many other applications. All through VR.
AUGMENTED REALITY
Augmented Reality -the sister of VR- is also being heavily used to enhance marketing actions by embellishing the real world with branded assets or experiences. See how Pharma is embracing emerging tech; Sanofi used AR to create a demonstration for their insulin pen. On the other hand, GlaxoSmithKline has created -via AR- tailored content for customers, such as dosing instructions.
WEARABLE TECH
How Pharma is embracing emerging tech – Wearable technology is an ever-growing and expanding market. This provides a great gateway to access user data almost instantly. And in return, offer more tailored experiences. AstraZeneca joined forces with software developer Huma to develop digital patient companion apps, that will take advantage of wearable-sourced data. And, Novo Nordisk is using wearable technology to create personalised fitness plans for their customers.
BLOCKCHAIN
What cannot be altered -ever- must be transparent. The benefits of blockchain are being exploited to improve the quality and control of supply chains in the industry and reduce counterfeiting. For example, Pfizer has partnered with Chronicled to use blockchain to ensure the authenticity of their Viagra products. And Merck has also used blockchain to improve the efficiency and transparency of their clinical trial data.
It’s a fact! Pharma is embracing emerging tech to improve their marketing efforts in 2023. From AI to VR, and more. These technologies are helping companies better engage with their customers and build stronger relationships.
At Polar London, we perfectly understand this new behavioural change, and the need of staying connected in a more modern way with patients, practitioners, and carers.
We believe that the key to achieving digital excellence lies in clearly illustrating objectives and being open to the possibilities that new technologies can bring. By embracing emerging technologies and incorporating them into our strategies, we can effectively reach our goals and stay ahead in the constantly evolving digital landscape.
The world changed. Tech advanced. Users and customers evolved. Seizing these new techs is now paramount to taking engagement and brand value to a whole new realm.
Get in touch with Polar London and make sure you’re playing the right game, with the right set of tools for maximum growth and engagement.
A new Paradigm
A winning content strategy in Healthcare; The healthcare industry is comprised of many players. Pharmaceuticals, practitioners, hospitals, health care professionals, related institutions, and even pharmacies.
We all know that the pandemic forced the industry to undergo an intense and accelerated transformation. New learnings and ways to carry out business had to be incorporated and put into practice in no time. This required the entire sector, to adapt.
A new paradigm on how to sell, think, develop and deploy marketing strategies took over.
We want to make sure your marketing strategy for any healthcare product or service has that required edge. So it cannot only adapt. But thrive.
The health category has to cover all the basics and best practices when it comes to an impactful online presence. Things like great UX, robust SEO, and other staples must be in place. But that’s not all that it takes.
These healthcare specifics will ensure that edge will have a part in your strategy.
Content strategy ‘must-haves‘
Do your consumer homework
To achieve a winning content strategy in Healthcare, we must do our research, it is important to grasp a deeper understanding of our consumers. As a second step, we need to identify their ‘content need’, what topics click with them, and what level of depth do they expect from those topics.
With that, we have the right ingredients to outline a relevant and responsive digital content strategy. But without proper research, any content strategy is much like shooting in the dark.
Video is king
Once the audience research is done and the content outline is set, the right distribution channel must be chosen. We’re living in the Video Era. Where video is KING.
When working toward best-in-class video content, we must consider if it needs to be a long or short form, and what the key point to communicate is. The right amount of storytelling, and many other variables.
But to make all these decisions, there is another KING in town. That is DATA.
Data and Testing
Data can be used to fine-tune many variables like choosing the right channel, the right timing, the right geolocation, and so forth. Leveraging proper data mining outcomes can result in videos that people will identify with: “This content is talking right to me!”. These data points become extremely useful to test, optimize and iterate until we have the perfect recipe for our audience.
Speak to my heart not my head
In the golden era of marketing, everything was ‘top-of-mind’. Constantly boasting a product or service’s features, and bombarding customers with your logo and ads, so when the need for your product arises, you are the first option they will think about.
Those days are over. A winning content strategy in Healthcare includes winning the mind, which may be important. But the company that wins the consumer’s heart holds the upper hand nowadays.
To enter the consumer’s hearts, you do need data as we mentioned before. But that’s not all. You need to establish and trigger empathy. And often the bridge to achieve that is the right kind of storytelling. That’s when data well used, on top of content experience, can lead to staggering results.
Some of the factors to calibrate your storytelling can be:
- Who’s speaking: Is it a bland narrator? A patient-led narrative? A user’s POV?
- What are we saying: Is the content forcefully trying to push a product? Does mention a product at all?
- The Resonance Factor: What part within the content will create the empathic resonance with the consumer? And why?
Understanding that last why, is the most important piece of the puzzle. To gather even more data, and make sure every action, iteration, and content is always on-point.
When we’re told emotional, character-driven stories that we can relate to, our brain synthesizes oxytocin. A chemical that plays a key role in our ability to empathize. And that creates brand value that lasts forever.
Future-ready – A winning content strategy in healthcare
At Polar London, we constantly analyze the market. And we constantly see how this aspect is overlooked as a priority. Yes… compliance must be taken care of. But these things also deserve your attention:
- Mobile -first designs: Only in 2022, 60% of all web traffic came from smartphones. And it’s going to increase!
- Individual user experience and personalizations: Catered and tailored customer journeys are here. And the healthcare industry must adapt as well.
- Future possible migration to an app: Everything has its app. And that’s for a reason. Convenience and consumer behaviour request it. Need to migrate? we can help you leap.
- Accessibility: Accessibility is about inclusivity. But more importantly, it helps you get a wider, more massive reach. It must be a must.
The world changed. Tech continues to advance. Users and customers evolved. And the healthcare industry is not the same as before. Don’t let your strategy fall behind.
Get in touch with Polar London and make sure you’re playing the right game, with the right set of tools for maximum growth and a great CX.
The Customer-Centric Era
Health, Pharma and Wellness companies have now moved away from just listing their product’s features as marketing campaigns. Before, it was about bringing clarity over their edge compared to their closest competitor. As decades went by, the way users and customers behave changed. This brought a massive change in the way marketing is made an how campaigns in this sector or “Health campaigns” are executed.
From appealing to the users’ minds in an attempt to stay on top, to win over their hearts with storytelling. All of that has changed now. True creativity and real, humane ways of connecting with audiences are required to succeed nowadays.
Customer-centric actions, where the customer feels understood, comprehended, and at the centre stage, mean everything. It can be the make or break for any marketing campaign. But some industries such as big pharma, healthcare, and wellness, may have a tougher time trying to implement this new mindset.
Let The Best Lead The Way: What Are The Best Doing in their Health campaigns?
Sometimes great marketing is trial and error. But often -more often than not- it requires a professional understanding of the social panorama and analyzing what top-tier players in the marketing world are doing, to extract silver linings that can be replicated with any brand, anywhere.
That’s why we decided to highlight these 5 winning campaigns in the health sector. See for yourself, and then we can jump to valuable conclusions…
#1 – Hip-Hop Public Health & Lil Sugar
A creative awareness video-based health campaign is about the harms of sugar. Highly appealing to younger generations.
This piece of craft speaks for itself. Not because it leveraged the video format, which is the most preferred form of modern content, but because it managed to create impactful awareness on a very concerning topic: sugar addiction side-effects.
Something so seemingly naive as sugar gets wonderfully exposed by this seemingly innocent sugar cube that explains all the tremendous disasters that both sugar and its derivated can cause to your health. Catchy song, great animation, and valuable information having the customer’s health at heart. This campaign hits all the spots.
#2 – Richard Branson (Virgin) & LinkedIn Reframe Dyslexia
A multi-company action campaign using social media and influential people with dyslexia as an awareness platform.
A powerful campaign that brought healthy visibility to Dyslexia. A condition suffered by 1 out of 5 people. A condition that in the past was seen as an undesired roadblock. That caused alienation and discrimination, topped with the feelings of not being as normal as others.
When actually, dyslexic thinking could be seen as an edge to solve situations uniquely. That sounds like a skill right?…
That’s exactly what this campaign was about. To turn dyslexic thinking into an official listable LinkedIn skill. People loved it because it talked and made 20% of the human population on LinkedIn feel heard and accepted. More than 10,000 people listed it on the first day. Starting with none other than self-made dyslexic thinker billionaire Richard Branson.
You can learn more about this amazing campaign here:
#3 – Eye-Dar: Bringing Sight To The Sightless
A life-changing way of using available technology to aid visually-impaired people.
This amazing campaign talks about a real product. An app that uses a piece of tech most modern smartphones have (lidar) to create a sound map of a visually impaired user’s surroundings. This can help them train the ability of echo-location, which consists in using the bouncing of sounds to understand objects around them. According to studies, only 1% of blind people developed the skill. Thanks to the app, that number can significantly change.
Once again, this idea brings the user to the main stage. Making them feel heard, loved, and not alone. This creates a level of awareness so massive, that it becomes unstoppable. Why? Because it is truly life-changing.
You can see the video below:
#4 – The Unwearable Collection & Boehringer Ingelheim
Bringing visibility and humanizing a tremendous disease via an impactful strategic partnership.
In this case, it was about bringing awareness to those who suffer from GPP (Generalized Pustular Psoriasis). A condition that not only causes a great deal of suffering to the person but carries along a tremendous social stigma. Often deriving in alienation and isolation. The illness is experienced as painful flares on the skin, usually deriving in pus-filled blisters. First, I suggest you take a look at the video:
Boehringer Ingelheim collaborated with fashion designer Bart Hess, in an attempt to capture in literally unwearable suits, the description of the feeling of GPP provided by the sufferers. From flaring fire to sharp glass, to knives, and thick sharp paper edges, these suits capture what it’s like to live with GPP. Once again, giving voice and empathy to this niche. Making them feel understood, instead of alienated.
#5 – The Greatest | Apple
Apple believes accessibility is a human right. Innovative features like Door Detection, Sound Recognition, Voice Control, and more are designed to let you use your devices in ways that work best for you.
Apple raised awareness of its accessibility features to mark the International Day of Persons with Disabilities late last year.
Every day people with disabilities are shown to be using features on their Apple devices such as Sound Recognition for people who are deaf, as a woman’s Apple Watch alerts her that her baby is crying, and Detection Mode, which allows blind or low-vision users to navigate their environment.
It was directed by Kim Gehrig through Somesuch.
Emotionally emotive to inspire and make relatable everyday tasks achievable for all. Supported by an awesome track to compliment the narrative, if you haven’t seen the ad yet then you need to watch it.
How To Implement This New Paradigm?
It’s clear through these health campaigns how we can place the customer at the centre stage. More importantly, how there are more humane ways of bringing awareness to certain topics and keeping society informed on certain things without alienating anyone. On the contrary, to further include and unite people, while elevating the level of awareness.
At Polar London, we understand how these new ways and trends of campaigning can add a necessary edge to the industry’s companies. Making users and consumers feel heard, understood, and comprehended.
If you want to explore if your brand can profit from shifting toward this paradigm, Polar London is the right place to begin, check out our latest work and get in touch.
The Future is Here
We’ve explored major advancements in creative ideas and new technology and how they impacted brands and consumers in the last year. We’ve all been hearing the terms ‘A.I.’, ‘Crypto’, ‘Bots’, ‘Web3’, and many more. Mainly because they’ve been developing technologies for quite some time, and even years before reaching their final version, they have already transformed the world. This means that the way companies conduct business must change. The way that brands have to get creative to penetrate consumers’ top-of-mind now requires a new set of rules. And most importantly, managing a remote global task force is now a must-know, thanks to the WFH post-pandemic revolution.
To a company, the current state of the world presents a brand-new landscape. The tools can get anyone to accomplish anything with just one click. But the creative glue that has to tie everything together, and determine what is the best combination of everything for a particular business model… well… that’s the hardest part to figure out.
At Polar London, we specialise in that. Bringing creative ideas and new technology together. We can easily understand the available tech and your business model’s challenges, and by pouring our creativity and talent-without-borders approach we can make 2023 a point-turning year for any brand’s growth.
Take a look at what this year holds for brands and marketing team’s when talking about how creativity and tech can take your company to the next level.
Artificial Intelligence and Machine Learning
These technologies can be wrapped up in a simple term: ‘ChatGTP’. This product has finally tipped the scale worldwide, so that everyone can now understand the power of A.I. With the power of an advanced human brain, topped with all the world’s knowledge on a given subject. You are looking at a tool that can think and solve problems that would have taken hours for entire teams in the past.
Trained conversational bots to either cater to your consumers with more solutions or just answer their questions. Your brand can provide a human-like experience to every customer. And this is just the beginning.
Virtual and Augmented Reality
2022 should indeed have been the VR/AR year. But with Meta’s Metaverse flop, that did not quite happen. Did it?
The underlying technology is now very well developed and has matured enough for companies to start rolling it out through new experiences and ways to reach new audiences. One thing is for sure, they will continue to improve and become more and more affordable. Virtual-based conferences, headquarters, and in some cases even hospitals, will be the new meeting ground for students, customers, and patients to exercise simple visits and social activities. Trying out new outfits, and even wearing makeup to a business meeting without actually using makeup.
At some point in the near future, a brand that does not have a meta-presence in some virtual ground, or merges one of these techs into its channels will be a dying brand.
Blockchain and Cryptocurrency
With a fatal 2022, many people claim 2023 is the year for crypto. But what matters the most is that its underlying technologies (blockchain and decentralized apps) are incredible ways to transform business models. We cannot forget about other aspects like tokenization as a way of rolling out new user experiences.
Fail-proof ticket concerts on the blockchain, certificates of authenticity of coveted items, and even tokenized sneakers that can be changed for the real asset. Giving your users a taste of a cross-over experience using some of these techs can help you reach newer audiences while portraying your brand as innovative.
5G and The Internet of Things (IoT)
The worldwide deployment of 5G is steadily going on. This will allow the everyday user to consume more data and do it faster. This expands the possibilities and capabilities of the IoT landscape. We foresee most everyday items being connected to some kind of platform in the near future, and providing users with key insights to improve their lives.
Something as simple as a bottle that can tell you if you need to drink more water to be healthy, up to more complex things. Turning products into IoT can also help brands better understand their users’ behaviour, with accurate data that could not be mined before.
Hybrids and Conclusion – Creative ideas and new technology
Creativity is key because these technologies are not transformative only on their own. Bringing creative ideas and new technology together, combining them will be the secret to creating the products and experiences and companies of tomorrow.
Also, in this borderless world, learning how to manage and work with global talent across the world, distributed in teams that perhaps will only meet each other through a screen in their homes… is paramount.
That’s why at Polar London we offer the rely on talent without borders. Working with the best, not of a particular country, but with the best [period].
If you want to take advantage of our unique edge and creativity to understand the perfect mix that can take your company into the next era… Polar London is the right place to start.
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Understanding The “Fintech Way”
FinTech is not a new term, although Fintech Marketing has not existed forever. Rooted in millennials, it refers to what many call the Financial Revolution or 2.0 Finances. Merging technological advancements with traditional financial services such as banking.
FinTechs may now be very well established, but ten years ago they had a severe roadblock to success. They had to break through deeply rooted communicational paradigms in society, and its different generations while at the same time, earning the heart of millennials and younger generations.
A brutal force that also helped them to be established as the new financial solutions platforms is convenience! Replacing an hour-long visit to the bank with three taps on your smartphone from the comfort of your couch is priceless. That’s what makes the convenience paradigm unbeatable. Even if the user needs to sacrifice “a little bit of security”. But the key element to transforming the most inconvenient industry into the most convenient one had to be done by finding a new way to communicate.
How FinTechs Rooted In Society
Being built on innovation, designed to fit the lifestyle needs of consumers, and having cracked inconvenience riddles paved a long way for FinTechs. They brought a level of user experience that would have been unfathomable only a few years ago. And as to reshaping communications to earning the heart of their younger audience (mainly Gen-Zs and Millenials)… If we’re still talking about FinTech, it means they did it successfully.
How FinTechs Did It?
A great part of winning this battle has been driven by the many young companies that have emerged in recent years with no legacy, existing reputation, or credibility. They compensated for what they lacked by offering completely new financial products and “Agility Above All Else”.
But most importantly, using a human voice and being naturally less conservative was the groundbreaker. Banks were perceived as these faceless, cold, empty institutions that only cared about their bottom line. And thanks to FinTech-style comms, that has started to change.
How FinTechs Reshaped Financial Marketing
These are notorious examples of how FinTech Marketing broke the old-fashions comms mould to win over millions of younger customers. Many of them, despite hating financial institutions, seem to be in love with new FinTechs.
Current: A bold, trendy, colorful, and hip branding campaign across New York City stating they are ‘not a bank’ set a new tone for them. Then they entered some very interesting partnerships.
Current rewards app
From branded and unbranded collaborations with popular YouTubers such as Mr. Beast as well as controversial YouTubers like Logan Paul. Which may not even be the best people to represent a financial institution, then… Why?
It’s simple. Because they can talk to younger generations in a way that they understand them. They are heard. And even worshipped. That’s what makes this brilliant.
Public’s Drops: This investment platform aims at democratizing investing. Content and community-centred actions have been at their strategy’s core. They push a clear investing-for-everyone goal, although their best angle is presenting themselves as relatable to their audience (including first-time investors, which traditional banks made feel like outsiders).
One of their marketing efforts is called ‘Drops’. They are mini-marketing campaigns deeply rooted in mainstream culture via which the Public releases different items. From physical products to digital experiences or reports, each of which is meant to highly engage the audience, making them and the idea of investing as easy as pop culture. Once again, an image traditional banks struggled to stay away from!
- Check out Public Drops here: https://public.com/drops
CashApp: A peer-to-peer cash transfer app that over time has grown into a FinTech heavyweight. Even though their products and services lineup grew very complex, they strategically maintained the simplicity with which they communicate and engage their core audience. Also, showcasing real over perfect celebrities, as everyday users of these apps, significantly helped with adoption.
We have also seen FinTech players use this colloquial approach and use very atypical celebrities in South Asia and LatAm, something unthinkable for typical banking institutions in the 80s and 90s, which only linked with celebrity A-listers.
Where Is The Industry Heading Towards?
These communicational examples are not the black sheep of the herd. They are properly applying what can be considered to be the new “FinTech Marketing Manual For Success”. It also serves as a validator of the fact that traditional banking institutions are also losing rigidness and formality in their logos, typefaces, and colors, and launching tech-based products. This means that this is the path, this is the way.
Engaging customers as if they were a peer riding the bus together. Companies treating people like people is the new paradigm. Not like assets. But luckily for modern FinTechs, they can move much faster than banks when making decisions and launching new trendy campaigns.
Check out how we helped Foreign Currency Direct rebrand and launch into the market as Lumon Pay
Making users feel part of something larger than themselves instead of just a customer, followed along with a relatable language that makes them feel they matter, can be the make or break of any FinTech company. That’s why these cool marketing techniques, still have to carefully abide by the BFSI (Banking, Financial Services and Insurance) regulations. And avoid pushing users to unwanted or unadvised levels of risk, products or financial behaviours. It’s a thin line, that if followed properly, can yield staggering results for any FinTech.
There is one thing for sure, the new way of the FinTechs, is the new way of doing things for the entire BFSI industry, all over the Planet.
If you make sure how your company can fit into this scheme to maximize engagement and brand awareness with the customers of tomorrow, Polar London is the right place to start!
The team have recently been working on some quirky animations which we are excited to share. (tap to play).
Novibet – TVC
Typographic, 2D animation style. Including logo animation treatment.
Vitality – Social
Stop-frame animation, bright colours and gamified treatment.
Vitality – Instagram story.
If you are looking for support with animation, design and execution then get in touch.
Crafting campaign strategies in finance; The business-to-consumer finance industry, across markets, is one that leans heavily on customer trust.
To establish a credible brand is of critical importance to all players in the finance industry – especially those that are non-legacy brands, new fintech innovations or operating in emerging markets.
Creativity, content and communication form a decisive part of the end-to-end customer experience as part of any good finance campaign strategy. To build trust and establish credibility, how we communicate is key.
An effective creative strategy is instrumental in the process. Here are 5 things to consider before your next campaign.
How ready is your target market
We can safely assume that across markets and datasets, the care with which one evaluates a financial service is very different from any other purchase. How familiar is your audience with your service is pivotal and deciding how you plan your campaign creative strategies in finance.
For example, the needs of insurance consumers in a market that has been investing in policies for generations are very different from those in emerging economies where the majority of customers are first-generation buyers.
Another example is, Vietnam is yet to devise and formalize a legal framework for crypto, however for 2 years in a row in the global crypto adoption index Vietnam has ranked first. What does that say about market readiness?
It is important to decode familiarity, adoption rate, other players and their performance to determine how ready the market is for you. The foundation of an effective creative strategy lies here – with a keen understanding of how ready the market is we can identify where in the spectrum of simple to esoteric we need to be in our creative communication.
How clear are your campaign goals
There is no one-size-fits-all campaign strategies in finance.
On-ground reality is in the finance industry, like any other industry, the tendency is to try to maximize the potential of a campaign driving home multiple important messages. Different target audience sets also demand personalization to drive relevancy.
Against these moving parts, clarity of objective and knowing which part of the funnel is of primary importance for the current campaign serves as a guiding light for crafting creativity with impact.
A clear (as much as possible) single-minded goal and desired outcome/takeaway should be the starting point of any creative execution and touchstone for all creative reviews.
A good example of assessing market-readiness and having a clear goal.
Wealthsimple is a Canadian online investment management service. Founded in 2014, the firm today holds over C$15 billion in assets today. A provider of ‘forward-thinking financial tools’, Wealth simple rightly assessed that their market at large was still familiarizing with their products and moved with the clear goal of attracting first-time investors.
One of their most successful campaigns is actually an integration with Masterclass and effective content creation – a jargon-free Masterclass on investing that actually makes future-forward investments seem simple.
What is your unique brand voice
Your brand voice needs to be distinctive to rise above the noise, run through all customer-facing communication and create a cohesive brand strategy and experience.
Brand voice can make your creative and content memorable and your brands personality distinct. Brand voice inform whether you move, shock or tickle your customer, informing the desired reaction.
In a content overloaded digital world, a carefully crafted brand voice that consistently runs through all assets lends your brand tremendous personality.
It is worth considering what is your brand’s unique voice and defining its characteristics as a precursor to creative efforts. Let’s say, if your brand personality is witty, you might choose to define its characteristics (quippy, repartee, wisecrack, quick or wry for example) factoring in what you want to portray and what has longevity.
How to monitor and measure a successful campaign strategy
Digitally focused brands need to make sure they are engaging the best digital practices to monitor and measure their creative/campaign performance periodically and iterate as necessary to understand how your communication experiences are impacting the way customers perceive your brand, so you can fix perception, experience or action barriers, and craft communication that better connects with customers and more efficiently delivers on goals.
cred.club is a fintech Indian start-up (and one of India’s top start-ups in 2022) that has been turning heads for a while now with its extremely quirky, high budget and polarizing style of advertising that has sparked many debates. Cred has established its unique voice – they are the jester of the Indian fintech world. Read more here: https://www.livemint.com/industry/media/behind-cred-s-viral-wacky-advertisements-digital-savvy-writers-11618511281660.html
However, as a forerunner Indian start-up Cred is obviously monitoring and measuring more than just vanity metrics. While the above-the-line advertising makes the noise and garners awareness, Cred with their large budgets also invests in content series like Cred Curious on Youtube – a podcast-style engaging series which brings insights from top financial minds in India and more tactical feature-driven content steered to drive action/use:
Are you ready to meet your audience where they are
Creative campaign strategies in finance are only as good as their distribution.
If your audience is on Tik Tok – don’t think formats suitable for Tik Tok as an afterthought, they should be at the core of the campaign. Cryptocurrency Dogecoin saw a 40% rise in value after it went viral on Tik Tok!
On the flip side, in a world of Metaverse and omnichannel, we need to deeply consider if it’s really necessary to get on what is trendy.
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