Challenge
With plans to grow market share in Metro West and Central Massachusetts, Avidia bank needed to redefine its brand to stand apart from what is often seen as a drab, boring industry.
Strategy
Research uncovered Avidia’s commitment to human relationships and honest, objective financial solutions had been disregarded by most banks, but was still coveted by retail and commercial clients.
Solution
We began with repositioning their brand around straightforward honesty and refreshing their visual brand to be distinctive, friendly and accessible to their market.
Execution
We executed a series of integrated campaigns utilizing two recurring animated characters across a broad variety of media such as paid digital, CTV/OTT, OOH, in-branch signage, branded products, and a new website.
Redefine who Avidia is to their customers by launching the Honest to Goodness campaign.
Campaign Goals
Raise awareness of Avidia Bank in specific markets in Massachusetts.
Drive traffic to Avidiabank.com, where customers can learn more about the bank’s product offerings.
Commercial Banking Prospects
Consumer Banking Prospects
Users in-market for online banking had an impressive click through rate of 2.31% and conversion rate of 2.60%, well beyond campaign averages and industry benchmarks.
We targeted users with a series of ads, all featuring different product and service offering. What we found was that Unlimited messaging had the highest conversion rate across all ads.
Consumers respond best to a service-based value proposition and that promoting specific service offerings was a very effective marketing strategy.
Campaign Results
We We targeted users with a series of branded ads and found that the ‘Orange’ banking ad engagement exceeded all other messaging.
Users were curious enough about “the orange bank” to click through 23%-1180% more often than on other display ads.
Leverage the unexpected. Messaging doesn’t always have to be serious.
We found that users searching for online banking had far higher likelihood of engagement and sign-up vs general banking services intent.
At Zozimus, it’s important to us that we achieve great results, while still maintaining authenticity and thorough strategy for your brand. Our team is committed to working hard to make your dreams come true, while not taking ourselves too seriously in the process. We’re ready to dive into your next campaign together.
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