First Savings Bank: the case study.

First Savings Bank: the case study.

the company.

First Savings Bank is a leading financial institution offering personal accounts, business accounts, and top-notch solutions for people who care about their money. While their marketing machine was getting the job done, they wanted to do more than just “okay.” That’s where we came in. 

They hired Threshold with the goal of opening 463 new accounts and achieving a 20% lift in customer acquisition. Starting in May 2023, we launched targeted campaigns across Google Search, Facebook, Instagram, and programmatic digital display platforms for First Savings Bank. The campaigns leveraged the unique selling points of First Savings Bank’s products, including Kasasa Cash Back, Kasasa Cash, and Kasasa Eats accounts.

The campaign yielded impressive digital marketing and account growth results that transcended expectations. 

 

the problem to solve.

Their previous marketing campaign was good but not good enough. First Savings Bank struggled to differentiate itself in a market saturated with competition. Our goal was to use punchy, high-performance ads that spoke directly to their target audience. We took geographic location, buying patterns, and the customer lifecycle into account when engineering their ad strategy. 

 

the dream. 

To build an unstoppable marketing funnel that would accelerate growth well ahead of schedule. We aimed to hit their goal of 463 accounts and a 20% increase in customer acquisition, then go a little further. 

 

the strategy. 

Our goal was to hone in on First Saving Bank’s unique selling propositions, like Kasasa Cash, and effectively communicate them to the target audience. We opted for an omni-channel marketing strategy to cast a wider net and bring home more leads. 

phase one. 

We focused on emphasizing the brand’s innovative products like Kasasa Cash Back, Kasasa Cash, and Kasasa Eats to differentiate them in the market. We tailored the messaging to align with the target customer and “speak their language.” Phase one was consumed with research, research, and more research before launching the campaign. 

phase two.

Next, we implemented our research across multiple channels, including paid search, Instagram, and Facebook. We used our signature ad strategy to produce results that exceeded the campaign’s goals. 

 

the results.

For First Savings Bank, we did what we do best — create results that go above and against the grain. Here’s how it went down…

  • Total Impressions: 10,066,287
  • Total Clicks: 54,444
    • Paid Search: 69,186 impressions, 11,721 clicks (CTR: 16.94%)
    • Facebook & Instagram: 7,858,678 impressions, 39,627 clicks (CTR: 0.50%)
    • Programmatic Display: 2,138,423 impressions, 3,096 clicks (CTR: 0.14%)
  • Projected New Accounts: 463
  • Actual New Accounts as of 04/01/24: 638
  • Projected Lift: 20%
  • Actual Lift as of 04/01/24: 27.5%

The campaign generated significant digital engagement, with high click-through rates, particularly on paid search. This indicates effective targeting and compelling ad content that resonated with the target audience.

First Savings Bank surpassed its account growth goals well ahead of schedule, achieving 638 new accounts by April 1st. The overall lift in performance exceeded projections, demonstrating the effectiveness of the marketing efforts in driving customer interest and conversion.

to wrap things up.

Threshold’s strategic digital marketing campaign effectively drove new account growth and exceeded performance goals, showcasing the bank’s appeal and attracting customers seeking modern banking solutions. By leveraging unique product features and maintaining a focus on customer satisfaction, Threshold helped First Savings Bank be positioned for continued success in the competitive financial market.

Sooo…What Now? The Future of Cookies

Sooo…What Now? The Future of Cookies

ava headshot threshold agency blog marketing agency austin tx

Ava Page

 

If you’ve been following the digital marketing world lately, you probably know that Google has been hyping up the end of third-party cookies for what feels like forever. We were all gearing up for this big change—prepping strategies, learning new tools, and basically getting ready to say goodbye to the little data trackers we’ve all relied on. 

But now, Google has pulled a plot twist: they’re not getting rid of third-party cookies after all. Soooo…what now?

 

the great cookie debate.

First, let’s rewind a bit. Third-party cookies have been the backbone of digital advertising for years. They help brands track users across different websites, allowing for targeted ads and personalized experiences. But as privacy concerns grew, Google announced they’d phase out these cookies by 2022, later pushing it to 2023, and then 2024. And now? Well, third-party cookies are sticking around, at least for the foreseeable future.

So, what does this mean for marketers? Should we all just go back to business as usual? Not exactly.

 

why Google changed its mind.

Before we dive into the future, let’s talk about why Google hit the pause button on this cookie extinction. The short answer: the alternative solutions weren’t ready yet. Google’s Privacy Sandbox, which was supposed to be the privacy-friendly replacement, still needs more time in the oven. By delaying the cookie cut-off, Google is buying time to develop a solution that balances user privacy with the needs of advertisers.

 

what this means for marketers.

Okay, so third-party cookies are still around, but that doesn’t mean we should get too comfortable. The industry is still moving toward a more privacy-focused future, and it’s only a matter of time before cookies really do crumble. Here’s how to navigate this ever-changing landscape:

don’t ditch your privacy strategy.

Just because Google hit the brakes doesn’t mean privacy concerns are going away. Consumers are still demanding more control over their data, and regulations like GDPR and CCPA aren’t budging. Keep working on building a first-party data strategy, enhancing your consent management practices, and exploring alternative tracking solutions.

keep an eye on Google’s privacy sandbox.

Google’s Privacy Sandbox is still in the works, and it’s going to be a big deal when it’s ready. The idea is to create privacy-friendly ways to target ads without relying on third-party cookies. While we’re still waiting for the full rollout, now’s the time to stay informed and start testing the new tools as they become available.

diversify your targeting methods.

Cookies aren’t the only game in town. Contextual advertising, which targets ads based on the content of a webpage rather than user behavior, is making a comeback. Additionally, investing in first-party data (like email lists and CRM data) and leveraging tools like Google’s FLoC (Federated Learning of Cohorts) will help future-proof your strategy.

focus on building trust.

At the end of the day, trust is what’s going to keep your audience engaged. Be transparent about how you use data, give users control over their privacy settings, and prioritize creating meaningful, relevant content. The more your audience trusts you, the more likely they are to stick around—even as the digital landscape shifts.

 

to sum things up.

The cookie situation might be in limbo, but one thing’s for sure: the digital advertising world is changing. While Google’s latest announcement may give us a little more time to adjust, it’s clear that the future will still be privacy-focused. So, keep building your privacy-first strategies, stay flexible, and be ready to adapt to whatever comes next.

What now? We keep moving forward, keep innovating, and keep building strategies that not only survive but thrive in this new era of digital marketing. The future of cookies might be uncertain, but one thing’s for sure—there’s never a dull moment in the world of marketing!

 

before you go.

For more tips and information about marketing your everything, take a look at the rest of our blogs, right here on our website! 

You can also subscribe to our email newsletter (it’s got some great stuff), and follow us on Instagram, Facebook, or LinkedIn!

 

about the author.

Ava is the SEO & Paid Media Specialist at Threshold.

In her role, she is responsible for the content creation and management of all Threshold social channels, blog content, and SEO maintenance. She also aids in digital marketing strategies as a part of the activation team, focusing on setups and optimizations of campaigns ranging from social to display, and all the fun bits in between.

When she’s not busy creating content, you can usually find her picking out new plants, island-hopping, watching Duke basketball, or spending time with her two dogs, Miska and Noodle, & two cats, T’Challa and Ada.

Understanding the Difference Between Marketing and Branding

Understanding the Difference Between Marketing and Branding

mai headshot

Mai Mongelous

 

In the world of business, marketing and branding are often used interchangeably, but they serve different purposes. While both are crucial to a company’s success, understanding their differences can help you utilize them effectively. This blog post will delve into the distinctions between marketing and branding and why each is essential for your business.

what is branding?

Branding is the process of creating a unique identity for a product, service, or company. It involves defining the company’s mission, values, and personality and how these elements are communicated to the target audience.

key components of branding:

  1. brand identity: This includes logos, color schemes, typography, and other visual elements that represent your brand.
  2. brand voice: The tone and style of communication used by the brand, whether it’s formal, friendly, witty, or authoritative.
  3. brand promise: The value or experience a brand promises to deliver to its customers.
  4. brand values: The principles and beliefs that the brand stands for and promotes.

Branding is about shaping perceptions and building a reputation. It creates a connection with the audience, fostering loyalty and trust.

what is marketing?

Marketing, on the other hand, refers to the strategies and tactics used to promote and sell products or services. It involves market research, advertising, sales strategies, and customer engagement.

key components of marketing:

  1. market research: Understanding the target audience, their needs, preferences, and behaviors.
  2. advertising: Creating campaigns to promote products or services through various channels like social media, television, print, and online ads.
  3. content marketing: Producing valuable and relevant content to attract and engage the target audience.
  4. sales strategies: Techniques used to close sales and generate revenue.
  5. customer engagement: Building and maintaining relationships with customers through interactions and feedback.

Marketing is about reaching out to potential customers and persuading them to choose your product or service.

key differences between marketing and branding.

purpose:

    • branding: Focuses on defining and communicating the identity and values of the company.
    • marketing: Focuses on promoting products or services to drive sales.

scope:

    • branding: Long-term and holistic, encompassing the entire company’s ethos and image.
    • marketing: Short-term and tactical, often campaign-based to achieve specific objectives.

outcome:

    • branding: Aims to build a loyal customer base by creating a strong emotional connection.
    • marketing: Aims to generate leads, increase sales, and boost market presence.

consistency:

    • branding: Requires consistency in message and visual elements to maintain a coherent brand image.
    • marketing: Can vary in message and tactics based on different campaigns and target audiences.

why both are essential.

While branding establishes your business’s identity and builds customer loyalty, marketing drives the immediate actions that result in sales. Together, they create a powerful synergy. A strong brand makes marketing efforts more effective, and effective marketing enhances brand recognition and loyalty.

By understanding and leveraging the distinct roles of marketing and branding, businesses can create a strong, recognizable presence and effectively reach their target audience.

Remember, while marketing brings in customers, branding keeps them coming back.

Digital Nomads & The Short-Term Trend

Digital Nomads & The Short-Term Trend

alfred headshot blogAlfred Perez

 

The short-term rental market has experienced significant transformations over the past few years, driven by technological advancements, changing travel behaviors, and evolving consumer preferences. As we delve into 2024, several trends are shaping this dynamic industry, offering insights into what hosts, property managers, and travelers can expect.

 

the rise of digital nomadism.

One of the most significant shifts in the short-term rental market is the rise of digital nomadism. The COVID-19 pandemic accelerated remote work trends, allowing professionals to work from virtually anywhere. This flexibility has led many to adopt a nomadic lifestyle, moving between cities and countries while maintaining their jobs. Consequently, there is an increased demand for rentals that cater to longer stays and provide amenities conducive to remote work, such as high-speed internet, dedicated workspaces, and quiet environments.

 

growth of suburban and rural rentals.

While urban centers have traditionally dominated the short-term rental market, there’s been a noticeable shift towards suburban and rural areas. Travelers are increasingly seeking escapes from crowded cities, opting for the tranquility and space offered by less densely populated regions. This trend has been fueled by a desire for more outdoor activities, privacy, and unique experiences that are often less accessible in urban settings.

 

increased use of technology.

Technology continues to revolutionize the short-term rental industry. Property management software, smart home devices, and advanced booking platforms enhance the guest experience and streamline operations for hosts. Keyless entry systems, automated check-in/check-out processes, and AI-powered customer service are becoming standard features. Additionally, data analytics tools help hosts optimize pricing and occupancy rates, improving profitability.

 

personalization and unique experiences.

Travelers are increasingly seeking personalized and unique experiences. Hosts are differentiating their properties by offering tailored services and local experiences, such as guided tours, cooking classes, and adventure activities. Themed rentals, boutique accommodations, and properties with distinctive architectural or historical significance are particularly popular. Personalization extends to communication as well, with hosts using automated messaging systems to provide guests with customized recommendations and local insights.

 

diverse accommodation options.

The diversity of accommodation options within the short-term rental market is expanding. Beyond traditional homes and apartments, travelers are exploring stays in tiny houses, treehouses, yurts, and houseboats. This variety caters to different tastes and preferences, offering unique and memorable experiences. The trend towards alternative accommodations reflects a broader desire for novelty and adventure in travel experiences.

 

to wrap things up.

The short-term rental market is evolving rapidly, driven by changes in traveler behavior, technological advancements, and broader societal trends. Hosts and property managers who stay ahead of these trends can capitalize on new opportunities and meet the evolving demands of modern travelers. Whether it’s catering to digital nomads, embracing sustainability, or leveraging technology, the future of short-term rentals promises to be dynamic and full of potential.

The Evolution of Marketing: From Traditional to Digital

The Evolution of Marketing: From Traditional to Digital

Welcome to the dynamic world of marketing. Over the decades, the marketing landscape has transformed dramatically, adapting to new technologies, shifting consumer behaviors, and evolving business needs. 

From the early days of traditional marketing to the digital era we thrive in today, the journey has been nothing short of fascinating. Join us as we explore the key milestones in the evolution of marketing and see how Threshold can help you navigate this ever-changing terrain. 

After all, we’re here to market your everything – didn’t you hear?

 

the traditional marketing era: tried and true

Before the internet took the world by storm, marketing was all about traditional methods. Picture this: glossy magazine ads, catchy radio jingles, and eye-catching billboards. These methods ruled the marketing landscape for decades. They were effective in reaching a broad audience and building brand recognition. 

However, traditional marketing often came with high costs and limited ways to measure precise ROI.

 

the digital revolution: enter the internet.

As the internet emerged, it brought along a seismic shift in how businesses could connect with their audiences. Websites became the new storefronts, and emails started replacing direct mail. Search engines like Google transformed how people discovered products and services. 

This digital revolution provided marketers with new tools and strategies, offering more targeted, cost-effective, and measurable approaches to reach consumers.

 

social media: the game changer.

The 21st century ushered in the era of social media, changing the marketing game forever. Platforms like Facebook, Instagram, Twitter, and LinkedIn became the new playgrounds for brands to engage with their audiences. Social media marketing allowed businesses to interact with consumers in real-time, creating a two-way communication channel that was unprecedented. 

It’s no longer just about broadcasting messages; it’s about creating conversations.

 

the mobile movement: marketing on the go.

With smartphones becoming ubiquitous, mobile marketing has become a crucial part of the digital marketing mix. 

People are constantly connected, checking their phones for updates, making purchases, and consuming content on the go. This shift has driven marketers to optimize their strategies for mobile devices, ensuring seamless experiences across all screens.

 

data-driven decisions: the rise of analytics.

One of the most significant advantages of digital marketing is the ability to collect and analyze data. Gone are the days of guessing which campaign might work best. 

Today, marketers rely on analytics to make informed decisions, track performance, and refine their strategies. Data-driven marketing allows for personalized experiences, ensuring that the right message reaches the right audience at the right time.

 

the future: ai, vr, and beyond.

As technology continues to advance, the future of marketing promises even more exciting developments. Artificial Intelligence (AI) is already making waves with chatbots and personalized recommendations. Virtual Reality (VR) and Augmented Reality (AR) are opening new doors for immersive brand experiences. 

Staying ahead of these trends is crucial for businesses aiming to maintain a competitive edge.

 

partner with threshold: marketing your everything.

Navigating the ever-evolving marketing landscape can be daunting, but you don’t have to do it alone. At Threshold, we take pride in our ability to market your everything. Our team of experts is here to help you harness the power of both traditional and digital marketing to create a comprehensive strategy tailored to your unique needs. 

Whether you’re looking to revamp your social media presence, optimize your mobile marketing, or dive into data analytics, we’ve got you covered.

 

before you go.

For more tips and information about marketing your everything, take a look at the rest of our blogs, right here on our website! \

You can also subscribe to our email newsletter (it’s got some great stuff), and follow us on Instagram, Facebook, or LinkedIn!

 

about the author.

Ava is the SEO & Paid Media Specialist at Threshold.

In her role, she is responsible for the content creation and management of all Threshold and PromoShak social channels, blog content, and SEO maintenance. She also aids in internal and client-facing digital marketing strategies. 

When she’s not busy creating content, you can usually find her picking out new plants, island-hopping, watching Duke basketball, or spending time with her fur babies.