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By FI GROW Solutions
5
1010 ratings
The podcast currently has 78 episodes available.
In this episode, Meredith Olmstead, CEO of FI GROW Solutions, and Sophie Bawany, the company's in-house social media guru, explore how social media is transforming financial inclusion for younger and underserved audiences. They discuss how banks and credit unions can leverage platforms like Instagram and TikTok to provide financial education, improve accessibility, and build trust with their communities. Their insights highlight the power of social media to reach new audiences and support financial empowerment in a fast-evolving digital landscape.
Key Takeaways:
Social Media Drives Financial Education: Platforms like TikTok and Instagram are increasingly becoming search engines for younger generations, offering a great opportunity for financial institutions to share educational content.
Accessibility Is Key: Simplifying account access through social media, such as using direct links in stories, can make it easier for audiences to open accounts and build trust with your institution.
Humanizing and Building Community: Fun, personalized content on social media humanizes your brand, while initiatives like local contests help financial institutions foster stronger community connections.
In this podcast, Meredith Olmstead, CEO of FI GROW Solutions, and social media expert Sophie Bawany discuss why social media remains vital for banks and credit unions in 2024. They explore how social media humanizes financial institutions, helps them engage with customers where they are, and fosters a unified brand experience. Additionally, they delve into the importance of internal collaboration, employee empowerment, and adapting to shifting social media platforms to maintain a strong digital presence.
Key Takeaways:
In this podcast, Meredith Olmsted and Kristin Mock offer a detailed exploration of user experience strategies for financial institution websites in their discussion. They emphasize setting clear goals for user interactions, simplifying navigation to reduce user effort, and the importance of continuous website evaluation to adapt to technological and behavioral changes. This dialogue is a valuable resource for marketers looking to enhance digital strategies in the banking and credit union sectors, packed with actionable insights and grounded in practical experience.
Key Takeaways:
In this podcast, Meredith Olmstead, CEO and Founder of FI GROW Solutions, and Danielle Fancher, the Director of Sales, discuss effective strategies for capturing leads on websites of banks and credit unions. They emphasize the complexity of online financial product applications and the high rate of abandoned applications. The conversation highlights the importance of combining automated and personalized follow-up methods to convert abandoned applications into completed transactions. They also explore how various techniques, such as prompt email responses, phone calls, and personalized emails, significantly enhance lead conversion rates.
Key Takeaways:
In this podcast episode, Meredith Olmstead, the CEO and founder of FI GROW Solutions, discusses the unique challenges and solutions in managing website projects for financial institutions. Joined by inbound marketing strategist Kristin Mock, they explore the critical role of their team in project management and content creation, detailing how their expertise helps bridge gaps between web developers, designers, and the specialized needs of banks and credit unions.
Key Takeaways:
In this podcast episode from FI GROW Solutions, CEO Meredith Olmstead and Senior Vice President of Marketing Nida Ajaz discuss the comparative effectiveness of contests versus surveys for engaging clients. They share results from a recent test involving the same audience and prize but with different formats: a simple contest and a more detailed survey. The results highlight how surveys can significantly enhance engagement over contests by providing value through participants' opinions.
Key Takeaways:
In this podcast episode, Meredith Olmsted, CEO and founder of FI GROW Solutions, has a great conversation with August Mize, the brand ambassador for Carolina Trust Federal Credit Union. August discusses her journey from a communications graduate aiming for a career in journalism to becoming a brand ambassador, emphasizing the strategic shift towards influencer marketing to strengthen community connections and appeal to younger demographics. They explore the significant roles that brand ambassadors play in enhancing brand visibility, community engagement, and the overall marketing strategy of financial institutions.
Key Takeaways:
In this episode, Meredith Olmstead, CEO of Fi Grow Solutions, and Danielle Fancher, Director of Sales, delve into innovative strategies for enhancing sales success in banks and credit unions. They discuss the importance of prioritizing service-oriented skills over traditional sales abilities, the benefits of proactive customer engagement through CRM tools, and the crucial role of integrating marketing and sales efforts. Their insights aim to transform the way financial institutions interact with and serve their members.
Key Takeaways:
Prioritize Service Over Sales: Focus on hiring employees with a strong service orientation rather than traditional sales skills. Employees who excel in customer service and genuinely want to assist members will naturally drive more success in financial institutions.
Embrace Proactive Engagement: Utilize tools like CRM systems to understand customer interests and engage them proactively. This approach shifts the sales strategy from reactive to proactive, enhancing member satisfaction and retention.
Integrate Marketing and Sales: Strengthen the collaboration between marketing and sales teams to ensure a unified approach to member engagement. This alignment helps both teams understand and leverage each other's efforts, leading to more effective consumer targeting and improved service delivery.
In this episode of FI GROW Solutions' inaugural client feature, Meredith Olmstead, CEO and Founder of FI GROW Solutions, discusses with Christin Vaughn, CMO at Allegiance Credit Union, the transformative digital marketing strategies they've implemented. The focus is on leveraging real, engaging content created by Allegiance Credit Union's staff to significantly reduce the cost of driving traffic to their website through social media advertising, particularly on Facebook and Instagram.
Key Takeaways:
1. Authentic Content Boosts Efficiency: Using real, employee-generated content on social media has halved website traffic costs for Allegiance Credit Union.
2. Leverage Expert Partnerships: Collaborating with FI GROW Solutions allows Allegiance to focus on creating engaging content while FI GROW handles ad targeting and optimization.
3. Social Media as a Multi-tool: Beyond marketing products, Allegiance uses social media for brand building and recruitment, enhancing both customer and employee engagement.
In this information-packed episode, Meredith Olmstead, CEO of FI GROW Solutions, and Ida Burr, Director of Digital Ads Management, dive into the nuances of budgeting for digital ads in the banking and credit union sectors. They discuss the strategic allocation of funds across various types of digital advertising, including social media, pay-per-click, display, and YouTube pre-roll ads, to optimize both engagement and conversions. Whether you're managing a small budget or scaling up, their expert tips on adjusting spend based on audience size and campaign performance are invaluable for anyone looking to enhance their digital marketing strategy.
Key Takeaways:
1. Strategic Budgeting: Allocate conservative budgets for social media ads aimed at increasing brand awareness, while prioritizing higher budgets for PPC ads that are more likely to drive conversions. Display ads should be used judiciously, with an emphasis on complementing other advertising efforts.
2. Audience-Driven Allocation: Tailor your advertising budgets based on the potential audience size and specific market characteristics. This ensures that financial resources are efficiently used, maximizing impact without unnecessary expenditure.
3. Integrated Advertising Approach: Employ a balanced strategy that integrates various ad types, including PPC, social media, display, and YouTube ads. This integration helps maintain visibility across different platforms and enhances the overall effectiveness of the advertising campaign.
The podcast currently has 78 episodes available.