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Online Proposal
Fidelity Bank Youth Segment
Goals and Objectives

   Deepen and enrich the brand’s relationship with
    customers through social media interaction.

   To facilitate collaboration, sharing of contents and
    interaction with the brand.

   Recruit and engage brand advocates and ambassadors
    on social networking platforms.

   Customer feedback – measure, assess and evaluate
Focus - Youths
                                                                                                   They are early
              Males and                           More often than not,                         adopters and aspire to
           females aged 16                        this expression gives                           social relevance
             to 35 years                             rise to word of
                                                          mouth.



  They belong to a                                                                                                They are found
  diversity of socio-                                                                                          predominantly in urban
      economic                                                                                                    and semi-urban
  backgrounds (AB                                                                                                  environments
        – C2)




                                                                                                             Youth are very
          They are driven
                                                                                                        opinionated; they want to
          by a desire to be
                                                                                                           be able to express
             successful
                                                                                                               themselves.




                              They may be graduates, youth corpers, job seekers, entrepreneurs,
                              corporate executives, white collar, blue collar, skilled , semi-skilled
                                                    or unskilled workers.
Trends
                     From 2,991,200 in
                  March 2011, total number                                                  Brands are using social networks to
                  of Nigerians on Facebook                                                  reach their consumers, realizing the
                      now amounts to                                                       power of creating a FaceBook Page, or
                                                          Social networking has            Twitter account to engage their market
                    3,247,660 as at June
                                                          become an important                            audience.
                  2011, with 8.6% in just 3
                                                           aspect of the youth
                           months
                                                                  culture.




                                       Media multi-tasking — such as
                                       simultaneously searching Web
                                         sites, emailing and talking to
    They use a social                      someone — is prevalent                 Social network advertising is becoming
  network DAILY. They                            among youths.                    very main stream as advertisers utilize
 have about 10x as many                                                            the ever growing social networking
   online friends as real                                                             options to contact consumers,
           ones.                                                                                prospects.
2010

            Online Penetration & Awareness
                                                                             Q : Which of these social network sites do you know, even if
            Q : Which of the network sites are you currently a member of?
                                                                             only by name?


                             ONLINE PENETRATION                                                 AWARENESS




                 Facebook       Facebook                   51%               Facebook        Facebook                              83%



                 MySpace           MySpace          20%                      MySpace         MySpace                            73%



                 Twitter             Twitter        17%                      Twitter             Twitter                     64%



                 Orkut               Orkut          15%                      Hi5                    Hi5             28%



                 Hi5                   Hi5       11%                         Netlog             Netlog             23%



                 LinkedIn          LinkedIn      9%                          LinkedIn         LinkedIn             22%



                 Netlog             Netlog      8%                           Orkut                Orkut            21%



                 Xing                 Xing     3%                            Xing                 Xing         10%



                 Ning                 Ning     2%                            Ning                 Ning        5%



                 Hyves               Hyves     1%
                                                                             Hyves               Hyves       2%



                                                                            Globally, Facebook has the highest awareness. 83% of the
       More than half of the internet population is currently a             worldwide internet population know Facebook.
       member of Facebook                                                   MySpace holds a second place and Twitter comes third
       N Total = 2884 / F = None                                                             Insites Consulting – 2010 Social Media Study
Credible sources for brand posts
2010


        Q : Imagine something about a brand being posted on a social
        network, what would be the most credible source for you?


                MOST CREDIBLE SOURCES




           A consumer A consumer                  38%
                                                                       …still, word-of-mouth
                      The brand itself
           The brand itself                      32%                   is the most credible
                                                                       source to rely on for
                                                                       brand posts…
                            A journalist   7%
           A journalist




                           A marketeer     3%
           A marketeer




           Another brand
                      Another brand        1%




         N Total = 2065 / F = If user

                                                                                  Insites Consulting – 2010 Social Media Study
Influences of Social networks on
customers
                                                    65.3%                 report a


97.1%
                                                    digital experience changed
                   reports                          their perception of a brand.
that digital experience has
influenced purchase.




                          24%           have produced
                          digital content in order to
                          enter a contest.
                                                               Source: Razorfish Global feed
Insights
   The online platform has evolved in recent times to become the leading
    platform for engaging youths and actualizing brand’s objectives.

   Active involvement on social networks is very high with youths spending a
    large percentage of their time on face book, Google search engine, Twitter,
    My space and other online forums.

   Online engagement platforms e.g. Social networking sites now eats up
    twice as much of youths online time as any other activity.

           Our recommendations will take advantage of the influence
           of social networking(Facebook) over youths to meets our
                              goals and objectives.
FIDELITY Connect

   The FIDELITY Connect is a platform on
    Facebook that seek to engage youths
    with several exciting applications e.g
    Games and Online Quiz.


   Also imbedded on the page is the Face
    of Fidelity competition.


   Fans are expected to upload trendy
    pictures, while a winner will be selected
    at the end of the month.
Strategic Intent


                                  Drive action
•Find and engage existing                                • Leverage offline              Measure
 social network fans                                     events
                            •Provide applications that
                                                         • Advertise through       •Reach
•Host discussions and
 provide useful resources    enlist ambassadors          existing media             •- Fans
                            •Invite fans to upload       • Add your social Web      •- Mentions
•Provide branded digital     pictures, play games,       links to your brand Web
 contents.                                                                         •Engagement
                             e.t.c                       site                       •- Discussions,
                            •Hosts contests with
                                                                                     content, reviews,
         Engage              opt-ins for further
                             contact.                         ATL Leverage           and posts
   An array of interactive online games that would take the
    shape of word puzzles, board games, brain twisters etc.
    would be introduced to the brand’s platform.

   The games would be in stages and a participant stands a
    chance of winning cash prizes after reaching a certain stages.

   This would become popular amongst youths and adults as
    they would begin to identify with the platform and the
    brand.
Online Quiz

   An online quiz that would cover a wide range of topics would be
    introduced. Areas that would be covered include:
     ◦ Celebrity gossips
     ◦ Sports/Football
     ◦ History
     ◦ Music etc.



   Questions will be answered online and cash prizes would be won..
Face Of Fidelity
   Online visitors would have the
    opportunity to upload their pictures on
    the brands web page and participate in
    the Face of Fidelity competition.


   This would be a monthly competition
    where winners will emerge and win
    cash prizes.


   Friends and online visitors to the page
    would vote their favorite face and the
    picture with the highest vote becomes
    the Face of Fidelity for the month.
Workings
   The online activities tagged Fidelity Connect promotes
    the saving culture amongst youths with a strong emphasis
    on money management.

    ◦ Save the largest sum of money after meeting your needs and Fidelity Bank will open
      an account for you with the virtual money you have saved.


    ◦ The winner becomes the face of the bank on the forum with the Facebook photo
      contest incorporated.


    ◦ As part of the conditions, you must also help your friends with the virtual money.


    ◦ Recruit a team of 10 friends to start the game. Register the names of your friends
      on the Fidelity bank platform.
Summary
   The brands online activities tagged Fidelity Connect which
    includes the online games, quiz and the face of fidelity is an effort
    aimed at engaging customers and helping the youths develop the
    culture of saving.

   It introduced the Face of Fidelity to celebrate the beauty, style and
    confidence of the Nigerian youth, enabling them perform at their full
    potentials.

   It identifies with the vibrancy and adventurous tendencies of the
    youth and moves in, helping them actualize their inner desires.

   Above all, it confirms its declaration of being a reliable, committed
    and dependable brand that stays true to its promises by
    consciously engaging and helping youths build value through their
    association with the brand.
THANK YOU

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Engaging youths

  • 2. Goals and Objectives  Deepen and enrich the brand’s relationship with customers through social media interaction.  To facilitate collaboration, sharing of contents and interaction with the brand.  Recruit and engage brand advocates and ambassadors on social networking platforms.  Customer feedback – measure, assess and evaluate
  • 3. Focus - Youths They are early Males and More often than not, adopters and aspire to females aged 16 this expression gives social relevance to 35 years rise to word of mouth. They belong to a They are found diversity of socio- predominantly in urban economic and semi-urban backgrounds (AB environments – C2) Youth are very They are driven opinionated; they want to by a desire to be be able to express successful themselves. They may be graduates, youth corpers, job seekers, entrepreneurs, corporate executives, white collar, blue collar, skilled , semi-skilled or unskilled workers.
  • 4. Trends From 2,991,200 in March 2011, total number Brands are using social networks to of Nigerians on Facebook reach their consumers, realizing the now amounts to power of creating a FaceBook Page, or Social networking has Twitter account to engage their market 3,247,660 as at June become an important audience. 2011, with 8.6% in just 3 aspect of the youth months culture. Media multi-tasking — such as simultaneously searching Web sites, emailing and talking to They use a social someone — is prevalent Social network advertising is becoming network DAILY. They among youths. very main stream as advertisers utilize have about 10x as many the ever growing social networking online friends as real options to contact consumers, ones. prospects.
  • 5. 2010 Online Penetration & Awareness Q : Which of these social network sites do you know, even if Q : Which of the network sites are you currently a member of? only by name? ONLINE PENETRATION AWARENESS Facebook Facebook 51% Facebook Facebook 83% MySpace MySpace 20% MySpace MySpace 73% Twitter Twitter 17% Twitter Twitter 64% Orkut Orkut 15% Hi5 Hi5 28% Hi5 Hi5 11% Netlog Netlog 23% LinkedIn LinkedIn 9% LinkedIn LinkedIn 22% Netlog Netlog 8% Orkut Orkut 21% Xing Xing 3% Xing Xing 10% Ning Ning 2% Ning Ning 5% Hyves Hyves 1% Hyves Hyves 2% Globally, Facebook has the highest awareness. 83% of the More than half of the internet population is currently a worldwide internet population know Facebook. member of Facebook MySpace holds a second place and Twitter comes third N Total = 2884 / F = None Insites Consulting – 2010 Social Media Study
  • 6. Credible sources for brand posts 2010 Q : Imagine something about a brand being posted on a social network, what would be the most credible source for you? MOST CREDIBLE SOURCES A consumer A consumer 38% …still, word-of-mouth The brand itself The brand itself 32% is the most credible source to rely on for brand posts… A journalist 7% A journalist A marketeer 3% A marketeer Another brand Another brand 1% N Total = 2065 / F = If user Insites Consulting – 2010 Social Media Study
  • 7. Influences of Social networks on customers 65.3% report a 97.1% digital experience changed reports their perception of a brand. that digital experience has influenced purchase. 24% have produced digital content in order to enter a contest. Source: Razorfish Global feed
  • 8. Insights  The online platform has evolved in recent times to become the leading platform for engaging youths and actualizing brand’s objectives.  Active involvement on social networks is very high with youths spending a large percentage of their time on face book, Google search engine, Twitter, My space and other online forums.  Online engagement platforms e.g. Social networking sites now eats up twice as much of youths online time as any other activity. Our recommendations will take advantage of the influence of social networking(Facebook) over youths to meets our goals and objectives.
  • 9. FIDELITY Connect  The FIDELITY Connect is a platform on Facebook that seek to engage youths with several exciting applications e.g Games and Online Quiz.  Also imbedded on the page is the Face of Fidelity competition.  Fans are expected to upload trendy pictures, while a winner will be selected at the end of the month.
  • 10. Strategic Intent Drive action •Find and engage existing • Leverage offline Measure social network fans events •Provide applications that • Advertise through •Reach •Host discussions and provide useful resources enlist ambassadors existing media •- Fans •Invite fans to upload • Add your social Web •- Mentions •Provide branded digital pictures, play games, links to your brand Web contents. •Engagement e.t.c site •- Discussions, •Hosts contests with content, reviews, Engage opt-ins for further contact. ATL Leverage and posts
  • 11. An array of interactive online games that would take the shape of word puzzles, board games, brain twisters etc. would be introduced to the brand’s platform.  The games would be in stages and a participant stands a chance of winning cash prizes after reaching a certain stages.  This would become popular amongst youths and adults as they would begin to identify with the platform and the brand.
  • 12. Online Quiz  An online quiz that would cover a wide range of topics would be introduced. Areas that would be covered include: ◦ Celebrity gossips ◦ Sports/Football ◦ History ◦ Music etc.  Questions will be answered online and cash prizes would be won..
  • 13. Face Of Fidelity  Online visitors would have the opportunity to upload their pictures on the brands web page and participate in the Face of Fidelity competition.  This would be a monthly competition where winners will emerge and win cash prizes.  Friends and online visitors to the page would vote their favorite face and the picture with the highest vote becomes the Face of Fidelity for the month.
  • 14. Workings  The online activities tagged Fidelity Connect promotes the saving culture amongst youths with a strong emphasis on money management. ◦ Save the largest sum of money after meeting your needs and Fidelity Bank will open an account for you with the virtual money you have saved. ◦ The winner becomes the face of the bank on the forum with the Facebook photo contest incorporated. ◦ As part of the conditions, you must also help your friends with the virtual money. ◦ Recruit a team of 10 friends to start the game. Register the names of your friends on the Fidelity bank platform.
  • 15. Summary  The brands online activities tagged Fidelity Connect which includes the online games, quiz and the face of fidelity is an effort aimed at engaging customers and helping the youths develop the culture of saving.  It introduced the Face of Fidelity to celebrate the beauty, style and confidence of the Nigerian youth, enabling them perform at their full potentials.  It identifies with the vibrancy and adventurous tendencies of the youth and moves in, helping them actualize their inner desires.  Above all, it confirms its declaration of being a reliable, committed and dependable brand that stays true to its promises by consciously engaging and helping youths build value through their association with the brand.