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Young & Free: building relationships through social media.

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Presentation given on May 14, 2008 at the CUES Experience Conference in Minneapolis by Tim McAlpine of Currency Marketing. Currency is in the middle of a wonderful social media experiment with Alberta’s Common Wealth Credit Union. To promote Common Wealth Credit Union’s new Young & Free account to Alberta’s 17 to 25 crowd, Currency has created an integrated marketing program centered around the youngfreealberta.com microsite. The thrust of the program is finding and hiring a spokesperson from Gen Y to represent the product, the credit union and their generation. Tim McAlpine spoke about the Web 2.0 dos and don’ts that he's learned and how this program is authentically appealing to a new generation of potential credit union members.
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CUES EXPERIENCE | MINNEAPOLIS, MN | MAY 14, 2008 Young & Free: BUILDING relationships SOCIAL MEDIA through
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CUES EXPERIENCE | MINNEAPOLIS, MN | MAY 14, 2008

Young & Free: BUILDING

relationshipsSOCIAL MEDIA

through

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Tim McAlpine

President & Chief Strategist

Currency Marketing

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+ Credit union advocate

+ Creative leader

+ Marketer

+ Speaker

+ Blogger

+ Cheerleader

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SOCIAL MEDIA

Belief in

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CU

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Social media and credit unions can build community

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And, social media can drive sales!

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YGEN

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14 to 28years oldin 2008

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Distrust companies and media

KEY VALUES & CONCERNS

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Very unlikely to sign-up for an

unknown company-sponsored

social network

SOCIAL MEDIA CONSUMPTION

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They could care less about your

credit union!

FEELINGS TOWARD FINANCIAL INSTITUTIONS

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INFOCommon Wealth

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4th-largest credit union in Alberta

52,000 members

$1.7 billion

16 branches across northern Alberta

Joining Servus Credit Union and

Community Savings Credit Union to

form Canada’s 3rd-largest CU

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INFOProject

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E-mail from Eric Dillon:

“We would like to hear

how Currency can help

Common Wealth

own the youth market

in northern Alberta!”

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PERFECT SCENARIO

Relevant product

Differentiated brand

Real budget

Integrated marketing

Defined market

Social media & Web 2.0

Authentic voice

Senior-level involvement

Long-term commitment

Freedom & trustCourageous

credit union

Potential member in transition

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THEMicrosite

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Y&F on theSocial Web

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Story 1: The Difference

CONNECTING ON- AND OFF-LINE

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The Difference Between Banks and Credit Unions Part 1 by Larissa

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Larissa on Citytv Breakfast TV

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Story 2: Pond Hockey

CONNECTING ON- AND OFF-LINE

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Y&F Road Trip by Larissa

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Story 3: Movie Week

CONNECTING ON- AND OFF-LINE

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Y&F Movie Week by Larissa

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Y&F Movie Week Contest Draw by Larissa

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Y&F Movie Week by Larissa

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RESULTSThe

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39,082 unique visitors

120,852 page views

3:47 average visit

59,670 YouTube video views

545 blog comments

176 Facebook fans

62 Twitter followers

RESULTS

October 1, 2007 to April 30, 2008

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$179,000 unpaid media coverage

2,000,000+ impressions

1,863 Y&F accounts

$2,649,000 funds in Y&F accounts

RESULTS

October 1, 2007 to April 30, 2008

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currencymarketing.ca/blog

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currencymarketing.ca/podcast

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Thank

YOU!

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Tim [email protected]

currencymarketing.ca


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