Home Ad Exchange News Intuit Turns To Digital Video To Bring Its Giant Brand To Life

Intuit Turns To Digital Video To Bring Its Giant Brand To Life

SHARE:

Intuit’s three properties, Quickbooks, TurboTax and Mint, are well-known to business professionals and consumers.

Yet only 1% of customers used all three products – and Intuit itself was relatively unknown, with just 6% awareness in the US, said global marketing director Lauren Stafford Webb.

Intuit wanted to message customers that its three products works better together. So it launched its first-ever brand campaign as a four-minute animated digital video rather than going the traditional route of a 30-second spot.

“The typical way of going to market wasn’t going to be the best option for us,” Stafford Webb said. “A company with a 35-year history that never had advertising before deserved to tell the story the right way.”

Intuit first launched the video for its 10,000 employees at a campus event in February, garnering 1 million views before the brand bought any advertising. Shortly after, Intuit placed the video on the YouTube Masthead, Facebook and Hulu.

Four minutes is long for a branded video, but more than half of the film’s 25 million viewers on YouTube watched the entire film. Intuit expected the film, which exceeded YouTube’s average movie trailer for the year on view-through rates, to garner around 7 million views, Stafford Webb said.

“We’re in a really complex category, and we didn’t want to do it in a way that everybody else in the category does,” she said. “Even on YouTube, you don’t see four-minute films, quite frankly.”

Intuit’s creative included GIFs posted on Facebook, a Snapchat augmented reality filter and a Refinery29 partnership to create branded content and connect with influencers and events.

The campaign, Stafford Webb said, targeted a self-employed audience, which will make up 43% of the US workforce by 2020 she added. To find these people, it turned to data from past campaigns for its portfolio brands.

“If you think about running your finances both personally and professionally, there’s a very broad audience,” she said.

Because that audience is so broad, Intuit didn’t limit the campaign to digital. The brand reworked its video and aired it during the Super Bowl this year.

“Rather than just doing a cut down on that four-minute film, which I think is what everyone traditionally would do, we thought through this,” she said. “We hoped that if you saw it we would serve it [online] and get you to engage more deeply with the brand.”

Overall, Intuit saw brand awareness rise 17% and ad recall grow to 26% thanks to the campaign. Brand favorability was up 27%, Stafford Webb said.

For now, Intuit is still digesting the learnings from its inaugural campaign before deciding what’s next. But digital video will play a major role in building its overall brand and driving awareness, equity and conversions across its portfolio, Stafford Webb said.

“We’re still in the initial learning phase,” she said. “We’re focused on creating the best story, but we’re exploring all the channels and optimizing as we go.”

Must Read

Micro1 Wants Human Domain Experts To Profit From AI And LLMs

Much like the ecosystem of life that surrounds a blue whale, a market of AI SaaS vendors is springing up around the biggest AI companies. And AI data startup Micro1 is emblematic of the shifting nature of these early-stage AI vendors.

How Programmatic Home Screen Ads Are Becoming More Standardized (And More Accessible)

How long does it take you to decide what to watch after you turn your TV on?

Nielsen’s Latest Updates Aim To Remove Bias From Its Measurement Strategy

Just in time for new TV programming to hit the screens in September, Nielsen is rolling out a few upgrades to its video measurement currency that will go live by the end of August

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

The Agency Black Box Is Breaking. Horizon Media’s Bob Lord Explains Why

According to Horizon Media’s Bob Lord, most agencies are trying to solve the wrong problem by obsessing over cost efficiency at a time when AI has quietly unlocked something far more valuable: the ability to become a growth partner to advertisers.

Taking A Look At Tuple, A New Entrant To The Ossified DSP Market

Tuple is entering the DSP market at a strange and tense moment for third-party ad tech. “There’s just so much animosity” between the programmatic buy and sell sides, says Founder and CEO Doug Lauretano.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

AppLovin’s Play To Reach Non-Gaming Advertisers

Gaming apps are filled with ads for more gaming apps. Why not other advertisers? We go inside AppLovin’s play to bring non-gaming advertisers into the fold.