Creativity

Pony-Riding Millennials Push Venmo in Multi-Platform Campaign

Effort Via Preacher Aims to Maintain Brand's Market Share

By Adrianne Pasquarelli. Published on Sep 12, 2016

Editor's Pick

Peer-to-peer payment service Venmo, which recently reached Urban Dictionary status as a verb, wants consumers to quit haggling over sharing a bill and "pony up." To that end, the PayPal-owned company is unveiling a quirky ad campaign that includes national TV spots this week.

A 30-second spot shows friends arguing over splitting a Happy Hour bill, before one suggests ponying up with Venmo. The brand uses actual ponies in various bill-sharing scenarios before one actor proclaims, "The world is ours for the splitting." The ad will appear on national networks including MTV and Comedy Central in 30-and 15-second versions, while a 60-second clip will run on Venmo's social channels.

"This is our opportunity to drive awareness and to showcase our personality," said Kasia Leyden, who joined Venmo a year ago as marketing director. "It came together in a really clear way as a rallying cry against those awkward moments of having to ask someone to pay you back."

She noted that the campaign is primarily aimed at millennials, the demographic that already is Venmo's primary user. The creative was conceived out of Austin-based Preacher. In addition to the TV spots, Venmo's two-month-long effort will include some out-of-home advertising, pizza boxes, as well as activations in key social hubs such as Chicago, Portland, Ore., Nashville and Austin. Venmo's first Snapchat filter will go live on Sept. 19.

Noble People handled media while Edelman took care of PR.

Previously, Venmo ran a 2014 viral campaign that included some subway placements, but the majority of its marketing has been through word-of-mouth.

The company, which processes more than $1 billion in monthly payments, is boosting its marketing at a time when the competition is catching up. Though Venmo has the distinction of being one of the first of its kind to market, and recognizable enough to be used as a verb, its popularity has attracted the attention of larger rivals. Next month, a group of banks including JP Morgan Chase are rolling out their own person-to-person payment service, which will be called Zelle, according to reports.

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About

Credits

Date
Sep 12, 2016
Chief Creative Officer:
Rob Baird
Client:
Venmo
Chief Executive Officer:
Krystle Loyland
Chief Strategy Officer:
Seth Gaffney
Associate Creative Director:
Kim Nguyen
Art Director:
Josh Stolz
Copywriter:
Ally Farrish
Copywriter:
Jacob Pankey
Brand Director:
Amanda Cruz VanAntwerp
Brand Manager:
John Gaglio
Agency Executive Producer:
Stacey Higgins
Agency Producer:
Rachel Kichler
Business Affairs:
Miiko Martin
Marketing Director:
Kasia Leyden
Senior Marketing Manager:
Evelyn Chang
Production Company:
Tool
Managing Partner:
Oliver Fuselier
Executive Producer:
Lori Stonebraker
Head of Production:
Renee Robson
Director:
Benji Weinstein
Shoot Line Producer:
Jason Manz
Director of Photography:
Bryan Newman
Stills:
Jussi Grznar
Casting:
Francene Selkirk
Casting:
Blair Law Casting
Editing House:
Cartel
Executive Producer:
Lauren Bleiweiss
Editor:
Andy McGraw
Assistant Editor:
Matt Berardi
Original Composition:
Human
Mix:
Loren Silber
Mix Company:
Lime Studios
Assistant Sound Engineer:
Mark Nieto
Finishing House:
Cartel
Senior Flame Artist:
Wes Seyfried
Colorist:
Fergus McCall
Color Company:
The Mill

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