Cannes Lions

The Bank Of Viewcoins

GEOMETRY GLOBAL COLOMBIA, Bogota / CLARO / 2018

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Overview

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Credits

Overview

Description

In order to improve Claro’s customer experience for centennials, its next generation of clients.

On June 2017, Claro made buying consumer services available through Popularity by introducing Claro's Bank of Viewcoins, a brand initiative to turn a new and moneyless audience into the next generation of Claro's influencers on Social Platforms.

At the end, we created out of social platforms a currency more stable than any other new currency (Bitcoins, etc)

Our Social Platform Currency name: Viewcoin (1View=$0,0011USD).

In addition, we changed procurement protocols, turner our Claro Store's into Banks, opened branches to make street noise and installed ATMs to exchange the social capital of the young for products.

Execution

•Implementation:

We use Own Media and Paid Media to spread the voice of Claro's Bank of Viewcoins. Since day one, we tracked the viral chain reaction through #ClaroEsCMF. Endorsing celebrities to explain how you could pay with your content.

Views and hashtags were converted to money to buy Claro´s products. (1View=$0,0011USD)

•Timeline:

-June2017: Launch campaign on Social Platforms inviting the young to join our Bank and spread the message. Unexpectedly User-Generated content flooded Internet.

-July2017: Install 270+ ATMs and 400+ branches to cash-out views nearby Claro's stores and Customer and Sales Centers.

-August2017: ClubMediaFest, making available 5.000 festival's tickets through views.

•Placement:

-Content managers integrating more than 50.000 minutes of "direct" user-generated branded content.

-Communications were supported with ads on Social Platforms.

-PR Strategy included press conferences and meet-and-greets with influencers.

•Scale:

We created a community of over 24.000 new influencers generating content for Claro.

Outcome

•Reach:

24.929 positive user-generated content for the brand. Generating over USD$500.000 on Earn Media/owned media.

•Engagement:

We got tens of thousands of followers from a telco apathetic generation. Through content created organically, 24.929 centennials spoke positively about Claro.

- Unexpected Sales:

Over day one, we sold COP$239.539.717 in pesos, and exchanged a total of COP$70.045.288 into Viewcoins. This number is about 1 month sales of an average distributor.

•Achievement against business targets:

Regarding objective #1:

Over 40.000 new clients, allowing us to achieve commercial success with the greatest sells event of the 2017 in one Social Platform's Activity.

On objective #2:

Over 25.000 teens and young adults became into an organic community of Claro's Ambassadors; proving the potential and effectiveness of our idea.

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