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While most of the attention around will focus on the advertising cost efficiencies gained through a global campaign, two other issues are critical. First, Visa is executing a social network through an established partner instead of completely going it alone, a la the <a href="http://www.skittles.com/" title="Skittles social media">Skittles social media</a> effort. Expect the great majority of brands to follow this model because they simply don't have the expertise or the personnel numbers to support anything else.Second, think loyalty. It's not front and center in Visa's announcement, but this effort will make Visa customers more aware of international purchasing options and feed the Visa database with information about customer behavior. That information feeds loyalty program efforts. In the US alone, 240 million people are part of a credit card loyalty program, according to a recent report from Colloquy. Now Visa can start to tie the US loyalty program into the UK, EU, and AsiaPac. That's the tangible social media benefit, and it's very clever.Now if social media programs could add some fire to the current credit freeze, Visa and other financial service brands would be in better shape.

While most of the attention around will focus on the advertising cost efficiencies gained through a global campaign, two other issues are critical. First, Visa is executing a social network through an established partner instead of completely going it alone, a la the <a title="Skittles social media" href="http://www.skittles.com/">Skittles social media</a> effort. Expect the great majority of brands to follow this model because they simply don't have the expertise or the personnel numbers to support anything else. Second, think loyalty. It's not front and center in Visa's announcement, but this effort will make Visa customers more aware of international purchasing options and feed the Visa database with information about customer behavior. That information feeds loyalty program efforts. In the US alone, 240 million people are part of a credit card loyalty program, according to a recent report from Colloquy. Now Visa can start to tie the US loyalty program into the UK, EU, and AsiaPac. That's the tangible social media benefit, and it's very clever. Now if social media programs could add some fire to the current credit freeze, Visa and other financial service brands would be in better shape.

2009-03-03T20:11:50+00:00

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<img alt="visa go" height="314" src="http://farm4.static.flickr.com/3572/3325897329_ec83018a91.jpg?v=0" style="float: left; border: 1px solid black; margin: 6px;" width="494" />It's shaping up to be a big week for social media. Now Visa is making some social media news, this time on a more conventional platform than other recent entries, like <a href="http://econsultancy.com/blog/3374-skittles-launches-an-amazing-social-media-campaign" title="Skittles">Skittles</a>. The credit card is launching its first global advertising campaign, complete with a microsite, rich media banner ads with live video feeds from international locations, and a multicultural twist on Flickr. The "More People Go With Visa" campaign's microsite will feature a "Gosaic," which is Visa-speak for a collection of images submitted by people through Flickr along with recommendations from them about experiences that can be enabled through a Visa card. The "Gosaic" will feature more than 200 merchant offers delivered to users depending on their interests, location, and time of day. The whole thing launches with ads on Fox's "American Idol" tomorrow night, March 4.

<img style="float: left; border: 1px solid black; margin: 6px;" src="http://farm4.static.flickr.com/3572/3325897329_ec83018a91.jpg?v=0" alt="visa go" width="494" height="314" />It's shaping up to be a big week for social media. Now Visa is making some social media news, this time on a more conventional platform than other recent entries, like <a title="Skittles" href="http://econsultancy.com/blog/3374-skittles-launches-an-amazing-social-media-campaign">Skittles</a>.  The credit card is launching its first global advertising campaign, complete with a microsite, rich media banner ads with live video feeds from international locations, and a multicultural twist on Flickr. The "More People Go With Visa" campaign's microsite will feature a "Gosaic," which is Visa-speak for a collection of images submitted by people through Flickr along with recommendations from them about experiences that can be enabled through a Visa card. The "Gosaic" will feature more than 200 merchant offers delivered to users depending on their interests, location, and time of day. The whole thing launches with ads on Fox's "American Idol" tomorrow night, March 4.

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Econsultancy has published an <a href="http://econsultancy.com/reports/online-advertising-networks-buyers-guide">Online Advertising Networks Buyer's Guide</a> which contains an examination of this marketplace and profiles of 23 leading networks. We have also produced an <a href="http://econsultancy.com/reports/online-advertising-survey">Online Advertising Survey</a>, based on a survey of advertisers and agencies. For more stats and charts, see also our <a href="http://econsultancy.com/reports/internet-advertising-statistics">Online Advertising Statistics compendium</a>.

Visa teams with Flickr for global community false

2009-03-03T20:44:00+00:00

visa-teams-with-flickr-for-global-community

2009-04-30T03:27:19+01:00

2009-10-13T10:03:57+01:00

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