Congratulations to the Winners of the 2024 Awards for Marketing Effectiveness




Most Effective Brand Strategy

Branding has become increasingly important for financial services companies in recent years. Larger providers must fend off challengers through continuous investment in brand awareness, whilst smaller businesses use brand strategy to carve out a space in a crowded market and create differentiation.

No matter the company size, the ability to demonstrate effectiveness is key in this category. We will consider only the performance of the campaign discussed in each entry, as opposed to favouring large budgets or existing share of market.


Winner

Hiscox, The Most Disastrous Campaign Ever (Strategic tilt)

-
The story of how Hiscox enacted a strategic shift to boost the appeal and modernity of the brand and brought this to life through a highly creative integrated campaign backed by a robust measurement framework. Since launching in September 2023, the approach has demonstrably shifted the needle on awareness, customer behaviour, quotes, sales and staff morale.

Vanguard, 'Spreading the love' Value to Investors

-
Vanguard’s ‘Value to Investors’ campaign, launched in 2020, enjoyed considerable success in its first two iterations, fuelling the dramatic growth of the firm’s Personal Investor platform. By early 2023, partly through this success, the market had changed and other firms were using similar tactics. For our third campaign iteration, launched in December 2023, we flexed the brand strategy in light of this new context – and by April 2024 (entry based on April 2024 results, most recent results at time of submission), in a tougher environment, we had already seen the brand enjoy the highest scores yet on all metrics.
Highly Commended

Newcastle Building Society with Moreish Marketing (Newcastle for Intermediaries: Powered by Partnership)

-
Newcastle Building Society revitalized its intermediary brand to address broker pain points and drive growth. Through extensive research, they developed a "Powered by Partnership" strategy, focusing on respect, transparency, ease, and expertise. The rebranding included a new website, digital mortgage platform, and multi-channel marketing campaign. Early results show significant increases in DIPs, applications, website engagement, and broker satisfaction. The strategy has positioned Newcastle for Intermediaries as a valued collaborator in the mortgage industry, fostering internal cultural shifts and driving innovation.
Most Effective Content Marketing Strategy

Content marketing remains a crucial tool in a marketers toolkit, encompassing podcasts, editorial features and video amongst other new formats.

In this category, we’ll be looking for content strategies that can evidence quantifiable results with a direct impact on the business, customer or wider industry. As campaign effectiveness is the key metric of success, both big and small companies will compete and be considered equally in this category.


Winner

Wesleyan, Accelerating growth through engaging content and SEO

-
Providers of financial advice to the UK’s most trusted professions, Wesleyan faced a challenge to reach new customers and drive cost-effective leads in the highly competitive digital space. The objective was to meet this challenge principally through the free and self-sustaining channel of organic search, with new content being continuously optimised for online audiences. Blending rich internal insights with SEO and content expertise, the team built a successful content strategy around long-form, educational guides and content hubs that could reach our audience – and assist our customers in gaining a deeper understanding of the complex pension schemes and matters essential to their financial futures.
Highly Commended

Bibby Financial Services, How an emotive campaign kept business moving for Bibby Financial Services and cash-strapped SMEs

-
Bibby Financial Services (BFS) provides funding to UK SMEs. In 2023, demand for business finance remained low, threatening to stall growth for BFS. BFS’s target audience was struggling with high costs and unpaid invoices which was slowing their businesses down, but awareness of BFS and understanding of invoice finance remained low. Our 2024 campaign sought to demonstrate that when customer payments are slow, BFS could provide funding quickly to get businesses moving faster. Despite a small media budget, the campaign created high visibility with impressions double the original target and drove a significant business response with enquiries 35% above target.
Most Effective Global Campaign

This award recognises the additional challenges in market conditions or customer expectations that are involved in running a single campaign or initiative across several countries.

The judges expect the same rigorous analysis as in the other categories, but would welcome also a few background comments (in the summary section – not part of the overall word limit) about non-UK markets with which they may not be fully familiar.

Winner

Fidelity International (Singapore) with Teamspirit, Invest in the Heart of Everything

-
Despite investing in ESG funds now accounting for 18% of total global AUM, virtually no one invests in little-known biodiversity - despite biodiversity-based solutions being projected to create $10.1 trillion in value and 395m new jobs by 2030. Fidelity decided to gain first-to-market advantage in Singapore, by launching a biodiversity fund to give investors the opportunity to invest in nature-positive solutions. With an industry-small task budget, our distinctive proposition and content strategy meant we exceeded investor engagement KPIs by 200% and marketing effectiveness by 368%.
Highly Commended

Citi Private Bank, Global Family Office Survey Report

-
Citi Private Bank is dedicated to helping dynamic individuals and their families preserve and grow their wealth. Our clients include some of the world’s leading entrepreneurs, executives, investors, and their family offices. We aspire be known as the best private bank for ultra-high net worth families, and to support this aspiration, drive new leads and deepen existing relationships, we ran a demand generation campaign in our priority markets around the world. The omni-channel campaign utilised insights on how the world's wealthiest families are managing family wealth and exceeded all KPIs with significant long-term ROI for the business.
Most Effective Customer Event

In financial services, customer or client events remain an important channel for acquisition and retention, as well as building brand equity. This category welcomes entries discussing an event series or a single standalone conference.

The highest marks will be awarded to those who can demonstrate impressive a KPI uplift as a direct result of their programme.

Winner

T. Rowe Price, What will the aftershock bring?

-
This submission relates to our 2023 Investment Conferences in the UK and Germany, entitled ‘What will the aftershock bring’. We will explain how we developed a strategy based on data insights, executed that strategy in an impactful and locally relevant manner and delivered results against well-defined KPIs. Importantly, we can directly attribute new business wins to this strategy, as well as market-leading client feedback and brand recognition. This entry includes reference to our business in Germany. A few notes on local market conditions: Germany is a large market by AUM, albeit not as large as the UK It is dominated by domestic players, although well-established international firms have had success there Captive distribution is more prevalent than in the UK; banks, insurance, etc. More bifurcated than the UK, with less concentration of clients and assets in one location (e.g. London in UK, Paris in France, or Milan in Italy) Frankfurt is the main asset management hub
Highly Commended

MHP Group, Swipe Left, Invest Right: How the Principles of Dating Can Be Applied to Investing

-
The Financial Conduct Authority needed to engage with inexperienced investors dabbling with high-risk investments, so we turned to the world of dating and encouraged investors to ‘invest how you date’, working with influencers from across both worlds. Our selected talent helped to shape an in-person panel event drawing the parallels between both worlds, while providing insights and learnings to educate young investors on how to invest smartly. As a truly integrated campaign, the event was also supported by a research-led media launch, as well as talent social content to promote the campaign call to action and the event itself. This was the first time the UK’s regulator had engaged directly with its target audience; a radical new approach and one that has set the stage for future campaigns.

Vanguard with AML Group, How a little mudslinging transformed Vanguard’s reputation among UK advisers

-
Despite being one of the largest active managers in the world, Vanguard is not front of mind for active investing among UK financial advisers. Our campaign to promote Vanguard’s Tough Mudder 5k obstacle course takeover event drew on our knowledge of advisers’ competitive drive, challenging them to participate with the headline “Are you more ACTIVE than we are?”. Our campaign featured advisers in the style of a ‘game face’ sporting line-up, donned in business attire caked in mud, and drove ~1,400 sign-ups for the event, with 90% brand attribution, shifting adviser awareness of Vanguard active from 2.8 – 3.2 in 2023.
Most Effective Customer Strategy and Personalisation

Customers have always been the core of marketing strategy for our membership. We’d like to hear how your 2023 customer strategy demonstrated uplift in acquisition, retention or engagement, depending on the context of the business and market conditions.

The best entries will be able to document the impact of a cohesive strategy and use of customer journey, including the justifications behind either a change of direction or the specific measures of improvement responsible for the results.

Winner

Fidelity International, The Next Best Step For Our Customers

-
In early 2024, Fidelity flipped traditional customer strategy on its head, in an innovative move which, in place of traditional product-based marketing, moved to one driven by customers’ ‘next best step’. With a quarter of the previous year’s budget, engagement, sales and customer satisfaction measures exceeded all KPIs and expectations.
Highly Commended

Staysure with Sagacity, Revamping Customer Acquisition Strategy

-
Travel insurance provider Staysure was facing stagnant customer growth in an increasingly competitive market. Sagacity revamped Staysure’s customer acquisition strategy, utilising the power of data and direct marketing channels, alongside existing processes and available resources. Sagacity segmented Staysure’s customers to develop a customer acquisition strategy focused on high value or strategically desirable segments. With a greater understanding of their value drivers, they were able to carry out highly targeted direct marketing activities, the results of which exceeded the campaign’s objectives, an achievement which can be linked directly to the marketing activity planned and executed and driven by the data insight.
Most Effective Earned Media Strategy

In the past few years, ‘earned media’ has become one of the most sought-after achievements in marketing. This might encompass organic influencer endorsements, high numbers of social shares or podcast success, as well as non-paid for coverage on more traditional media (i.e. TV and newspaper coverage).

Successful entrants in this category will be able to demonstrate how their earned media strategy translated into a positive uplift in marketing outcomes. Consider if your campaign increased sales or product enquiries, website visits or social media followers when demonstrating effectiveness.

Winner

Together with Teamspirit, Hidden Gems

-
While there are 1 million+ empty homes across England, Scotland and Wales, more support is needed to encourage homebuyers, developers and investors to transform them for residential or commercial purposes. Local Authorities, the Property Industry and Government attention is vital to solve the UK housing puzzle. Together briefed Teamspirit to boost their brand awareness nationally. Underpinned by extensive research and bespoke data-modelling this scaled the exact volume and value of the UK’s abandoned properties. Plus, by partnering with TV presenter and property expert, Lucy Alexander, Together shone a light on the UK’s ‘Hidden Gems.’ Results exceeded all targets and expectations.
Highly Commended

Wesleyan, Employee Amplification - Building Adviser Profiles

-
Wesleyan has been using it's in-house social media team to successful drive brand awareness and income for a number of years. However, its financial advisers were not making use of their own social media channels to showcase their expertise and market themselves to potential clients. The social media team set about changing this, with an employee amplification programme launched to build adviser presence on social media and generate additional 'earned media'. The challenge was for the team to ensure a stream of specialist content and thought leadership for advisers to use, to build brand awareness, reach hundreds-of-thousands of additional people, and generate additional income into the business.
Most Effective Implementation of Consumer Duty

The introduction of Consumer Duty has created clear tenets to guide customer strategy in financial services and some brilliant work to improve consumer outcomes has been carried out as a result.

Our judges will be looking for entries that illustrate a clear and compelling strategy with direct correlation to positive behaviour changes amongst customers.

Winner

Fidelity International, Consumer Duty as a Win Win

-
Seen by some providers as a tick box regulatory exercise, Fidelity recognised it instead as an opportunity to not just improve outcomes but to improve their competitive offering. With 1.6m customers, 2,000+ employees and countless communications, processes and content pieces to change this would be a Herculean task. Research revealed new avenues to improving the effectiveness of outcomes for both the vulnerable and non-vulnerable, in turn driving impressive business results for Fidelity.
Most Effective Integrated Campaign ( B2B )

This category looks specifically at the most effective use of an integrated marketing campaign targeting business to business, which may encompass social media and digital advertising, as well as more traditional formats such as television, print and outdoor.

Winner

Hiscox, The Most Disastrous Campaign Ever

-
The story of how Hiscox used market understanding and SME audience insight to bust category norms and deliver a highly creative integrated campaign backed by a robust measurement framework. Since launching in September 2023, the campaign has demonstrably shifted the needle on awareness, customer behaviour, quotes, sales and staff morale.
Highly Commended

Lloyds Bank, Good Things

-
By the end of 2022 businesses were still operating against a difficult economic backdrop dominated by the cost-of-living crisis. However, insight was showing SME confidence was quietly on the rise. This was our cue to realign our brand positioning and be first in challenging the declinist narrative at the time, by taking a leadership stance and creating a campaign that would act as an antidote showing that, right now, good things are happening in British business. The campaign performed strongly, improving on both awareness and recognition scores, while also closing the consideration gap against Barclays at number 1 spot.
Most Effective Integrated Campaign ( B2C )

This category looks specifically at the most effective use of an integrated marketing campaign targeting direct to consumer, which may encompass social media and digital advertising, as well as more traditional formats such as television, print and outdoor.

Winner

Aviva, Solving the Financial Puzzle: How Aviva Made it Click

-
This is a story of how brand can be a galvanising, uniting force for a business. It’s a classic case of a brand team going beyond the brief to create something an entire business can rally around. Aviva is well-known and has a very strong brand but faces two main challenges in achieving its ambition of being the ‘go-to’ brand for insurance, wealth and retirement needs: differentiation and likeability. To address these challenges, we developed a new brand strategy and positioning in 2022: feeling positive about your financial actions. It takes Aviva.  Aviva’s ‘making it click’ campaign launched on Boxing Day 2022, using the highly distinctive world of puzzles to dramatize how good it feels to get your finances aligned and into place with Aviva. The campaign has performed very strongly right from the outset. Our brand metric objectives were exceeded across the board and the campaign delivered commercially, generating a strong sales uplift.
Highly Commended

RBC Brewin Dolphin

-
At RBC Brewin Dolphin we have been on a mission to change the way that marketing is perceived. From being seen as a support function that delivers events and brochures - A cost centre, to a profit centre. Utilising the discipline of marketing to generate meaningful, commercially valuable and attributable success.
Most Effective Sustainable Product Campaign

This category focuses purely on the strategy, tactics and execution of marketing sustainable financial services products or services; for example, a fund investing in renewable energy, pensions or a ‘green’ mortgage.

Winner

Capital Group, How to successfully launch a range of Sustainable funds in multiple markets around the world, despite growing ESG headwinds.

-
Capital Group's marketing campaign for the launch of their Sustainable Fund range is a great example of taking an insight and developing a global proposition that works for multiple audiences, irrespective of their views on ESG.
Highly Commended

Fidelity International (Singapore) with Teamspirit, Invest In The Heart Of Everything

-
Despite investing in ESG funds now accounting for 18% of total global AUM, virtually no one invests in little-known biodiversity - despite biodiversity-based solutions being projected to create $10.1 trillion in value and 395m new jobs by 2030. Fidelity decided to gain first-to-market advantage in Singapore, by launching a biodiversity fund to give investors the opportunity to invest in nature-positive solutions. With an industry-small task budget, our distinctive proposition and content strategy meant we exceeded investor engagement KPIs by 200% and marketing effectiveness by 368%.
Most Effective Use of a Small Budget ( > £100k expenditure )

Marketing success does not require mega-spending, as has been demonstrated by many of the winning entries in the twenty-two years of these Awards.

“Small budget” is a relative term, depending on the size of the company, but we define it here as any execution involving expenditure of no more than £100k, and the category is open to any company regardless of size that can demonstrate quantifiable success from its campaign.


Winner

LV= with Moreish Marketing, Drawdone Done Differently

-
LV= launched a campaign to promote their Guaranteed Income Drawdown solution, addressing market shifts and regulatory changes in the pension industry. The "Drawdown done differently" campaign targeted financial advisers, positioning the product as a unique drawdown-only solution that reduces client risk while maintaining flexibility. The multi-channel campaign included email marketing, webinars, social media, and trade publications with a total budget used of £51,000 for strategy and creative, artworking and media spend. Results showed significant increases in product applications, overall pension sales, and strong engagement metrics across marketing channels, establishing LV= as an innovator in the retirement income space.
Highly Commended

EdenTree Investment Management, Making Waves, Saving Lives

-
EdenTree Investment Management was one of the UK’s first ethical fund managers. Yet ESG isn’t just core to their funds, it’s key to how they run their business - and marketing. Yet with 90% of their fund sales coming through advisers, they’re less well known by end-investors. In 2023 they created ‘The Big Swim’, an initiative which drew attention to the issue that 90% of black children don’t swim in the UK - and are at high risk of drowning. With an industry-small budget they partnered with Strava and The Black Swimming Association, achieving outstanding results in participation, engagement and brand shifts.
Most Effective Use of Social Media

Last year, we welcomed the Most Effective Use of Social Media category for the first time since 2019, recognising that a number of campaigns now take place purely on social channels, including influencer marketing, customer service initiatives and content campaigns.

Unsurprisingly, it was one of our most competitive categories. We’re looking for campaigns that have yielded impressive results and engagement on social media.


Winner

Wesleyan, Employee Amplification - Giving a Voice to Advisers

-
Wesleyan has been using it's in-house social media team to successful drive brand awareness and income for a number of years. However, its financial advisers were not making use of their own social media channels to showcase their expertise and market themselves to potential clients. The social media team set about changing this, with an employee amplification programme launched to build adviser presence on social media. The challenge was for the team to ensure a stream of specialist content and thought leadership for advisers to use, to build brand awareness and generate additional income into the business.
Highly Commended

BlackRock, ETF Explained

-
ETF Savings Plans are transforming long-term investing, with the current 7.6M plans in Europe expected to grow to 32M by 2028. The challenge for ETF providers lies in low brand awareness among end-investors, with many unable to name a single ETF provider. Our strategy targeted Germany's key demographic (25-34yrs) with a three-pillar approach: creating brand distinction, building ETF confidence, and guiding research journeys. The ‘ETFs Explained’ series addressed the questions that people want answers to – quickly. This innovative campaign tested well, drove industry leading engagement, helped maintain market share amidst increased competition and contributed to successful partnerships pitches.
2024 Marketing Team of the Year

This is a separate category from our main awards, which require you to detail a single marketing campaign and evidence its effectiveness. For this award, we want to hear about the role of culture, innovation, collaboration, and driving change in your marketing team.

We also want you to tell us how your department have been integral in driving core objectives within the wider business or external financial services landscape. This special category aims to recognise the collective endeavours of the marketing team - and the important role that the group’s unique talents and vision play in creating outstanding marketing.

Winner

Waverton

Highly Commended

M&G Investments

Agency of the Year

Agencies make an enormous contribution to the success of marketing activities. We’re looking to recognise and reward standout agencies doing exceptional work in the financial services sector, both for their clients and on a wider industry level.

As an agency, you can nominate yourself or be nominated by a client or peer.

Winner

Moreish Marketing

Highly Commended

Opinium

Teamspirit

Young Marketer of the Year

This category recognises a rising star within the financial services industry, who is showing signs of being an exceptional and innovative marketer.

Those nominated must be under 30 years of age on 31 December 2024.


Winner

Ruth Payling, Waverton

Highly Commended

Chloe Mclaurin, PIMCO

Megan McCabe, Rhotic Media

Marketer of the Year

The jewel in the Awards for Marketing Effectiveness Crown: we want to hear about this year’s exceptional senior marketing leaders in the financial services industry. You can nominate yourself, a colleague or a client for this award.

In view of the depth of experience and the sustained marketing success that the judges are looking for, it is unlikely (but not by any means unheard of!) that many people under the age of 30 will be able to demonstrate the required combination of outstanding marketing ability and long-term performance. Please bear this in mind when considering your entry.

Winner

Jane Parry, Canaccord




  Best Brand Consistency


  NOW:Pensions

  Best Use of Data and Analytics


  The Mortgage Lender

  Marketing Excellence


  Aviva

  Best Use of Consumer Insight


  My Home Move Conveyancing

  Best Creative


  Hiscox