POPAI, the largest point-of-purchase industry association, recently announced the winners of its awards for excellence in the global POP market. Gold, silver, and bronze medals are awarded annually in categories ranging from cosmetics to telecommunications, with the notable omission of retail financial services (no surprise when one considers the generally poor management of branch environments). This year, however, Lloyds TSB and its in-store digital media partner, Immedia, were the recipients of not one but two gold medals in the digital content and digital network categories, the first time in my memory that a financial institution has received such an honor!
Until recently little was known about Lloyds TSB's digital marketing program, with the exception of a highly publicized but relatively unsuccessful deployment of 3M's vikuti screens in the windows of certain high visibility locations, but in conjunction with Immedia they certainly seem to be getting it right. The branches outfitted with Immedia's proprietary "RadioVision" network broadcast an integrated audio-video programme where the audio track, which features music and news updates in addition to Lloyds adverts, is timed to trigger relevant digital content on strategically placed plasma screens. The network has been in place for the better part of two years at this stage, and judging from the responses of POPAI's panel and the customers and staff canvassed in the video on Immedia's website (obviously biased), it has been quite well-received. The testimonial video may be accessed by clicking on the screen capture below:
It is unclear at this juncture how many of Lloyds TSB's branches have been outfitted with the technology, or what future plans may be, but I would be keen for an update if any reader can provide it. Immedia, as mentioned, provides the proprietary software platform, integration, and audio/video content development services.
(Photos taken from the POPAI and Immedia websites)
