wells fargo
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Media Strategy & Focus:
Goal: Launch Wells Fargo’s Active Cash Card, emphasizing 2% unlimited cash back on all purchases with no category restrictions.
Target Audience: Affluent professionals, Millennials, and Gen X who use high-spend credit cards for everyday expenses.
Competitive Positioning: Compete directly against Citi Double Cash and Chase Freedom Unlimited while establishing brand trust.
Approach:
Position Active Cash Card as a superior, hassle-free cash-back option vs. competitors.
Integrate DTC digital tactics to acquire new cardholders efficiently.
Implement test-and-learn media approach to optimize ROAS and CPA.
Media Plan & Execution:
Paid Digital Channels:
Programmatic Display & Video: Custom audience targeting using Adobe Audience Manager and LiveRamp.
Paid Social (Meta, TikTok, Twitter, LinkedIn, Snapchat, Pinterest): Leveraged in-feed video + carousel ads with DCO (Dynamic Creative Optimization).
Search (Google & Bing): Focused on high-intent keywords like “best cash back credit card” and competitor conquesting (Citi, Chase, Amex).
YouTube & CTV (Connected TV): High-impact non-skippable 15s and 30s video ads on Hulu, Roku, YouTube, Peacock targeting financial decision-makers.
Influencer Marketing: Partnered with personal finance YouTubers & TikTok creators to promote real-world Active Cash benefits.
Creative & Messaging Approach:
Hero Message: "Unlimited 2% Cash Back. No hoops. No limits. Just rewards."
Ad Variants:
Lifestyle creatives showing real-world spending (dining, shopping, travel).
Comparison ads highlighting “Better than Citi Double Cash”.
Testimonial-driven influencer ads to build trust.
CTA Variants: "Apply Now" vs. "Compare Your Rewards".
Results:
60% lower CPA vs. traditional credit card acquisition benchmarks.
8X increase in new card sign-ups within the first 6 months.
43% increase in approval rates due to high-quality applicant pool.
Best-performing campaign in Wells Fargo credit card history at the time.
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Media Strategy & Focus:
Goal: Drive awareness & acquisition of the newly rebranded Everyday Checking account targeting Gen Z & Millennials.
Challenges: Overcome negative brand sentiment from past banking controversies.
Solution: Position Everyday Checking as the most accessible banking option for younger consumers with digital convenience.
Media Plan & Execution:
Multi-Channel Digital Strategy:
Meta, TikTok, Twitter Ads: Highlighted mobile banking ease.
Google Search & Display: Competitor conquesting (Chime, SoFi, Capital One).
Influencer & UGC Campaigns: Partnered with finance creators to discuss zero overdraft fees & mobile check deposits.
Reddit & Discord Ads: Engaged younger, financially savvy communities.
Creative & Messaging Approach:
Tagline: "Banking Made Simple. Open in Minutes."
Ad Formats: Short-form video, GIFs, and static carousel ads.
Focus on Trust-Building: "FDIC insured," "No overdraft fees," and real customer testimonials.
Results:
28% increase in new checking accounts YoY.
CPA lowered by 35% compared to previous checking campaigns.
TikTok creatives outperformed all other channels (best-performing ad: 12M views, 5% CTR).
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Media Strategy & Focus:
Goal: Reposition Propel Card as a top-tier travel & lifestyle rewards card.
Key Messaging: “More Points, More Places, More Perks.”
Target Audience: Frequent travelers, urban Millennials, and Gen Z.
Challenge: Compete with Chase Sapphire Preferred and Amex Gold without a hefty annual fee.
Media Plan & Execution:
Google Search: Targeted high-intent travelers & competitor brand keywords.
YouTube TrueView & CTV Ads: Highlighted no foreign transaction fees & 3X points on dining & travel.
Social Media (Meta & Instagram Stories): Targeted travel enthusiasts with motion graphic ads.
Influencer Partnerships: Collaborated with travel bloggers & YouTubers.
Creative & Messaging Approach:
Visuals: Luxury travel, dining, and adventure experiences.
Messaging: "More Points, More Places."
CTA: “Compare Cards” vs. “Apply Now”.
Results:
14% YoY growth in Propel sign-ups.
CTR of 4.2% on YouTube (2X industry benchmark).
70% increase in organic search interest for Propel Card.
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Media Strategy & Focus:
Goal: Position Autograph Card as the best no-annual-fee rewards card.
Competitive Focus: Take market share from Capital One Venture.
Media Plan & Execution:
Google & Bing SEM: Competitor conquesting.
CTV & YouTube: Targeted professionals with high-impact TV spots.
Programmatic Display & Native Ads: Premium placements on Forbes, Bloomberg, The Points Guy.
Creative & Messaging Approach:
Tagline: “Unlimited Possibilities. Unlimited Rewards.”
Imagery: Showcased real-world rewards usage (gas, travel, dining, streaming).
Results:
$5M+ in new cardholder spend within first 3 months.
4.8X ROAS on Google Ads.
Fastest-growing new credit card product launch at Wells Fargo.
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Media Strategy & Focus:
Goal: Improve brand trust & engagement through financial literacy.
Audience: Millennials, Gen Z, financially underserved communities.
Media Plan & Execution:
Paid Social (Meta, TikTok, YouTube): Financial tips & education-focused ads.
Google & Bing Search: High-volume queries like “how to build credit”.
Influencer Collaborations: Partnered with finance YouTubers & bloggers.
Webinars & Live Q&A: Interactive sessions on financial wellness.
Creative & Messaging Approach:
Tagline: "Your Money, Your Future."
Format: Video tutorials, Q&A sessions, educational carousels.
Results:
43% increase in positive brand sentiment.
Financial education hub visits grew by 200%.
Highest engagement rates ever recorded for Wells Fargo social campaigns.