‘The biggest challenge is overcoming people’s apathy’: Inside Simple’s marketing strategy
Simple is re-introducing itself through an ad campaign its been running on billboards and subway ads in various U.S. cities.
The ads pair everyday concepts most familiar and tangible to the seven-year-old neobank’s target millennial customer base, like binge watching and sweatpants, to convey how enjoyable and sensible its own offering — banking and budgeting, the latter of which major banking institutions are only now building into their experiences — can and should be. The company also wants to show it’s not “just an anonymous organization that doesn’t have a point of view,” said Valarie Hamm Carlson, Simple’s vp of brand. It’s a group of people that share the view of everyday consumers that banking shouldn’t be complicated.
“Every once in a while we need to jump back out there and say, ‘here’s who we are and if you don’t know us we we want introduce ourselves’ so people get a sense of our personality,” Carlson said. “Ideally we want that to come from the product but it’s always good to have a little bit of air cover and we haven’t done a lot of that in the past.”
More in Marketing
‘Intentionally being cautious’: Why the ad industry isn’t ready to let AI agents spend ad dollars
For now, LLMs are being used as accelerants, not decision makers. They compress workflows. They do not spend the ad dollars
Walmart says ‘open partnerships’ are central to its AI strategy, while Amazon goes it alone
Walmart and Google have announced a partnership that brings the retailer’s shopping experience inside Google’s AI assistant, Gemini.
The case for and against influencer-led Super Bowl ads
Inside the Super Bowl ad debate: Celebrities offer mass appeal, but creators provide better engagement.