{"id":4250285,"date":"2024-06-03T19:01:59","date_gmt":"2024-06-03T17:01:59","guid":{"rendered":"https:\/\/www.deptagency.com\/insight\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\/"},"modified":"2025-11-26T16:48:27","modified_gmt":"2025-11-26T14:48:27","slug":"overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands","status":"publish","type":"article","link":"https:\/\/www.deptagency.com\/en-uki\/insight\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\/","title":{"rendered":"Overlooked or essential? The benefits of paid social strategies for BFSI brands"},"content":{"rendered":"<div class=\"block-article-post-header js-block-article-post-header block-article-post-header__theme--onyxGrey\">\n\t<button\tclass=\"cta-button block-article-post-header__back-button cta-button__color--white cta-button__style--back\" aria-label=\"Back\" >\n\t<svg width='41' height='41' viewBox='0 0 41 41' fill='none' xmlns='http:\/\/www.w3.org\/2000\/svg'><circle cx='20.5' cy='20.5' r='19.5' transform='rotate(-90 20.5 20.5)' stroke='var(--dept-button-icon-outline-color)' stroke-width='1.3' stroke-miterlimit='10' fill='none'\/><circle class='icon-backplate' cx='20.5' cy='20.5' r='19.5' transform='rotate(-90 20.5 20.5)' fill='var(--dept-button-icon-backplate-color)' fill-opacity='1'\/><path class='icon-center' d='M21.174 30 11 20.674l10.174-9.326m-9.326 9.328H30.5' stroke='var(--dept-button-icon-color)' stroke-width='1.3' stroke-miterlimit='10' fill='none'\/><\/svg>\n\t\t\t<span>\n\t\t\tBack to all articles\t\t<\/span>\n\t\n<\/button><h1\t\tclass=\"typography block-article-post-header__title typography__color--white typography__size--h2 typography__align--left\"\n\t\t\t>\n\t\tOverlooked or essential? The benefits of paid social strategies for BFSI brands\t<\/h1><div\n\t\tclass=\"image-wrap block-article-post-header__image-wrap\"\n\t\tdata-align=\"center center\"\n\t\t\t>\n\n\t\t\t<picture\n\t\tclass=\"image__picture\"\n\t\t\t\t>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2024\/05\/BFSI-Insight-image-1200x620-1.png\"\n\t\t\t\tclass=\"image block-article-post-header__image\"\n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t\n\t<\/div><div class=\"author block-article-post-header__author\" data-animation=\"slide-fade\">\n\t\t\t<img\n\t\t\tclass=\"author__portrait\"\n\t\t\tsrc=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2021\/08\/Alexandra-Moorhouse-FINAL-2-150x150.jpg\"\n\t\t\talt=\"Alexandra Moorhouse\"\n\t\t\/>\n\t\n\t<div class=\"author__text\">\n\t\tAlexandra Moorhouse\t\t<br \/>\n\t\tMarketing Director, UK&amp;I\n\t\t\t<\/div>\n<\/div>\n\t<div class=\"block-article-post-header__meta\">\n\t\t\t\t\t\t\t<div class=\"block-article-post-header__meta-date\">\n\t\t\t\t<div class=\"block-article-post-header__date-description\">\n\t\t\t\t\tDate\t\t\t\t<\/div>\n\t\t\t\t<div class=\"block-article-post-header__published-date\">\n\t\t\t\t\t3 June 2024\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n<\/div>\n\n<div class=\"block-case-intro js-block-case-intro\">\n\t\n\t<p\tclass=\"text text-sans-48 block-case-intro__title js-block-case-intro-title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" data-animation-stagger=\"0.005\" >Social media is a critical marketing tool for brand building, engaging customers, and driving action. But in <a href=\"https:\/\/www.deptagency.com\/industry\/banking-finance-insurance\/\" target=\"_blank\" rel=\"noreferrer noopener\">banking, financial services, and insurance<\/a> (BFSI), social platforms remain an overlooked and undervalued channel for many (often legacy) brands.\u00a0<\/p><p\tclass=\"text text-sans-24 block-case-intro__text js-block-case-intro-text\"\n\tdata-animation=\"slideFade\" data-animation-target=\"paragraphs\" data-animation-delay=\"0.1\" >According to the American Bankers Association, banks are not taking full advantage of social media\u2014most are currently using it primarily as a tool for communication, recruiting, and financial education. Out of those surveyed, however, 90% agree that social media is important.\u00a0<br><br>Especially as young adults and teens increasingly turn to social media to seek information, find recommendations, and discover new products and services, BFSI brands are missing a major opportunity to engage, build loyalty with, and convert younger audiences. Even more, BFSI organizations that don\u2019t invest in paid social media tend to see lower organic traffic performance compared to their counterparts that do.\u00a0<br><br>So, we took a look at the marketing strategies of 133 BFSI companies.\u00a0<br><br>Unsurprisingly, the majority were investing in paid search, with higher spending correlating to greater traffic numbers. However, the findings of our paid social media analysis are a little more nuanced, providing insight into how the various social channels can help BFSI.<\/p><\/div>\n\n<div\n\tclass=\"block-assets-and-copy js-block-assets-and-copy\"\n\tdata-variant=\"copy-only\"\n\tdata-content-align=\"center\"\n>\n\t<p\tclass=\"text text-sans-48 block-assets-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >The value of a paid versus organic social strategy<\/p><div\tdata-animation=\"slide-fade\" data-animation-target=\"inner-items-separate\" data-animation-delay=\"0.15\" data-animation-stagger=\"0.2\" class=\"block-assets-and-copy__content\" >\n\t<p\tclass=\"text text-sans-24 block-assets-and-copy__text\"\n\t>Before we jump into the results, it\u2019s important to understand impact from a social media perspective. It can be simplified down to reach and engagement: How many individuals is a brand reaching during a period of time and how many of those individuals are they actually making an impact on?\u00a0<br><br>Reach represents the total number of unique users who have been exposed to a piece of content, post, or advertisement within a selected period. This metric indicates how aware people are of your brand and, unlike impressions or followers, it provides a more accurate count of the people you\u2019ve impacted and helps estimate the size of your brand\u2019s audience. Engagement rate by reach represents the sum of interactions (varying by social platform) a post has gained from the viewers it reached.\u00a0\u00a0<br><br>Having said this, the percentage of organic reach on social media platforms is relatively narrow or decreasing as compared to the scale of the audience. From 2023 to 2024, Instagram\u2019s organic reach <a href=\"https:\/\/www.socialinsider.io\/blog\/social-media-reach\/\" target=\"_blank\" rel=\"noreferrer noopener\">declined by 18%<\/a> to 7.6%, the third straight year it has seen a <a href=\"https:\/\/searchengineland.com\/social-media-engagement-hits-a-new-low-except-for-tiktok-393395\" target=\"_blank\" rel=\"noreferrer noopener\">decline<\/a>. Facebook saw a moderate increase, however, its reach remains low at 5.9% overall. Pairing this with the average engagement rates by reach, Instagram tops Facebook, at 4.6% vs. 1.5% organic engagement.<br><br>Altogether, this means that utilizing organic posts alone has minimal impact on your overall audience.\u00a0<br><br>This is because social media platforms don\u2019t favor organic reach alone, but leverage a multitude of signals such as user engagement, relevance, timing, frequency, recency, and watch time to deliver the most relevant content to consumers, ensuring they continue scrolling.\u00a0<br><br>Pairing an organic social media strategy with one that takes the opportunity even further via paid empowers BFSI brands to connect deeply with their audiences, at scale. Learning from what works from an organic perspective only helps to strengthen your paid strategy.<\/p><\/div>\n\t\n\t<\/div>\n\n<div class=\"block-stats-and-copy is-text-left\">\n\t<p\tclass=\"text text-sans-48 block-stats-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >Facebook is the preferred social platform for 95% of banks<\/p><p\tclass=\"text text-sans-24 block-stats-and-copy__text\"\n\tdata-animation=\"slideFade\" data-animation-target=\"paragraphs\" data-animation-stagger=\"0.01\" >Leading the pack in usage, Meta apps Facebook and Instagram provide social connections to over 3.05B global users monthly. They\u2019re also popular with 52% of the brands analyzed in our research\u2014and according to a 2023 ABA survey, Facebook is the preferred social platform for 95% of banks.\u00a0<br><br>Our research found that brands that use paid advertising on Meta apps see a 64% increase over the average number of organic clicks monthly. The combined power of these two platforms provides a significant driver for conversions and overall growth, especially in international markets for companies growing into a multinational phase that need to build brand recognition in new areas.<br><br>For BSFI brands to garner the most successful results on these platforms, leveraging native-looking ad content, utilizing user-generated content (UGC), and working with content creators are powerful ways to lean into authenticity and drive engagement. For B2B BFSI advertisers in particular, ensuring content is in a vertical format\u2014preferably video\u2014and aligns to the platform\u2019s proven best practices, such as those for Reels and Stories, drives the most success.<\/p>\n\t\n\t\n\t<ul\n\t\tclass=\"block-stats-and-copy__cards is-content-left\"\n\t\tdata-animation=\"slide-fade\"\n\t\tdata-animation-target=\"inner-items\"\n\t\tdata-animation-delay=\"0.15\"\n\t\tdata-animation-stagger=\"0.15\">\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t52%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOf BFSI brands analyzed use Meta Apps\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t+64%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOrganic clicks monthly for brands using Meta\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t95%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOf banks prefer Facebook over other platforms\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t<\/div>\n<\/div>\n\n<div\n\tclass=\"block-assets-and-copy js-block-assets-and-copy\"\n\tdata-variant=\"copy-only\"\n\tdata-content-align=\"end\"\n>\n\t<p\tclass=\"text text-sans-48 block-assets-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >X may still be useful for organic search<\/p><div\tdata-animation=\"slide-fade\" data-animation-target=\"inner-items-separate\" data-animation-delay=\"0.15\" data-animation-stagger=\"0.2\" class=\"block-assets-and-copy__content\" >\n\t<p\tclass=\"text text-sans-24 block-assets-and-copy__text\"\n\t>Given the mass exodus of users and advertisers from Twitter when it became X, it\u2019s not entirely shocking that only 24% of the BFSI brands we reviewed use it. Although the future of the platform remains uncertain, it can still offer benefits to advertisers. Among the companies advertising on X, we saw an average 37% increase in organic clicks outpacing those that choose to avoid by several hundred thousand clicks a month.<\/p><\/div>\n\t\n\t<\/div>\n\n<div class=\"block-stats-and-copy is-text-left\">\n\t<p\tclass=\"text text-sans-48 block-stats-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >Only 14% of BFSI brands we analyzed used TikTok advertising<\/p><p\tclass=\"text text-sans-24 block-stats-and-copy__text\"\n\tdata-animation=\"slideFade\" data-animation-target=\"paragraphs\" data-animation-stagger=\"0.01\" >Since its explosion in popularity in the early 2020s, TikTok has only continued to grow as an effective link between brands and audiences. What began as a platform full of dancing and lip-syncing videos mainly used by younger millennials, Gen Z, and eventually Gen Alpha, has morphed into a beloved (albeit sometimes controversial) channel for connection, humor, learning, and discovery.<br><br>From user-generated and influencer content to sponsored ads to TikTok Shop, there\u2019s no shortage of avenues for brands to engage with users on the app. As TikTok\u2019s search engine continues to ramp up at a rapid pace, additional engagement signals allow brands to target engaged audiences actively seeking relevant content spaces for brands to step into.<br><br>Yet still, out of all the BFSI companies we analyzed, only 14% were using advertising on TikTok. This low utilization becomes more surprising as we found brands that did use TikTok ads saw an average of 170% more monthly clicks from organic channels than the overall average.<br><br>Although the future of TikTok has been the subject of derision and debate for some time, it remains an untapped resource for the majority of BSFI brands. We see it as a rapidly growing platform for B2B, reaching 81% of medium and enterprise-level business decision-makers.\u00a0<\/p>\n\t\n\t\n\t<ul\n\t\tclass=\"block-stats-and-copy__cards is-content-left\"\n\t\tdata-animation=\"slide-fade\"\n\t\tdata-animation-target=\"inner-items\"\n\t\tdata-animation-delay=\"0.15\"\n\t\tdata-animation-stagger=\"0.15\">\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t14%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOf BFSI brands analyzed use TikTok\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t+170%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOrganic clicks monthly for brands using TikTok\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t\t\t<li class=\"block-stats-and-copy__card\">\n\t\t\t\t<p class=\"block-stats-and-copy__card-title text-sans-76\">\n\t\t\t\t\t81%\t\t\t\t<\/p>\n\n\t\t\t\t<p class=\"block-stats-and-copy__card-subtitle text-sans-16\">\n\t\t\t\t\tOf B2B decision makers use TikTok\t\t\t\t<\/p>\n\t\t\t<\/li>\n\t\t\t<\/div>\n<\/div>\n\n<div\n\tclass=\"block-assets-and-copy js-block-assets-and-copy\"\n\tdata-variant=\"copy-only\"\n\tdata-content-align=\"end\"\n>\n\t<p\tclass=\"text text-sans-48 block-assets-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >LinkedIn offers BFSI brands a 2x higher conversion rate<\/p><div\tdata-animation=\"slide-fade\" data-animation-target=\"inner-items-separate\" data-animation-delay=\"0.15\" data-animation-stagger=\"0.2\" class=\"block-assets-and-copy__content\" >\n\t<p\tclass=\"text text-sans-24 block-assets-and-copy__text\"\n\t>The ultimate social channel for connecting with professionals and other businesses, 83% of the BFSI organizations we examined are already advertising on Linkedin. However, these advertisers saw the least amount of lift on the organic front\u2014garnering only about 5% more clicks on average compared to all brands.\u00a0<br><br>It\u2019s important to keep in mind that, from a paid perspective, LinkedIn tends to be more expensive than other social platforms, typically due to its more niche nature. But it remains critically important for BFSI brands, as users are <a href=\"https:\/\/business.linkedin.com\/marketing-solutions\/financial-services-marketing\" target=\"_blank\" rel=\"noreferrer noopener\">twice as likely<\/a> to look for financial advice on LinkedIn than any other platform and 1.7 times more receptive to brand messaging. All the while, the platform offers up to a two-times higher conversion rate\u2014making this the platform to get right, first.\u00a0<br><br>Especially for B2B BFSI organizations, paid marketing on LinkedIn is a necessity. It has continued to build out its capabilities to reach key decision-makers.\u00a0<br><br>From the ability to upload company lists to LinkedIn\u2019s first one-click B2B audience that combines the power of LinkedIn\u2019s Economic Graph + Buyer Intent signals for a given product category, accelerating interest through the funnel by taking the guesswork out of who your B2B target audience is and reaching people who may be interested in your product. These unique offers from LinkedIn allow businesses to not only nurture their current leads but find new prospects and introduce them to the brand.<\/p><\/div>\n\t\n\t<\/div>\n\n<div\n\tclass=\"block-assets-and-copy js-block-assets-and-copy\"\n\tdata-variant=\"copy-only\"\n\tdata-content-align=\"start\"\n>\n\t<p\tclass=\"text text-sans-48 block-assets-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >Realizing the power of social media for BFSI<\/p><div\tdata-animation=\"slide-fade\" data-animation-target=\"inner-items-separate\" data-animation-delay=\"0.15\" data-animation-stagger=\"0.2\" class=\"block-assets-and-copy__content\" >\n\t<p\tclass=\"text text-sans-24 block-assets-and-copy__text\"\n\t>For BFSI organizations, the incremental value of a <a href=\"https:\/\/www.deptagency.com\/service\/growth\/paid-social\/\" target=\"_blank\" rel=\"noreferrer noopener\">paid social media strategy<\/a> has long been understated, and we\u2019ve seen it firsthand. DEPT\u00ae partnered with a leading financial services company to tackle the challenge of proving the incremental value of its upper funnel media. Our goal was to help them understand the effectiveness of their advertising efforts and identify the channels driving the most impact.<br><br>We implemented a matched market test design, combining iterative pairing processes with AA testing. By removing paid social advertising within the test market geographies, we could isolate the impact of upper-funnel media on the brand\u2019s marketing performance.<br><br>The results were enlightening: We observed a significant incremental impact across both paid and organic channels, indicating that the brand\u2019s upper funnel media efforts were not only driving direct conversions but also influencing organic traffic and engagement. Interestingly, we found that nearly half of the paid social incremental impact was attributed to other channels, emphasizing the interconnectedness of their marketing efforts.<br><br>Even more, we identified a 43% incremental halo effect and a remarkable 22.7% incremental lift in Marketing Qualified Leads (MQLs). These findings showcase the broader influence of upper-funnel media on the business\u2019s marketing performance and ability to attract high-quality leads.<\/p><\/div>\n\t\n\t<\/div>\n\n<div\n\tclass=\"block-assets-and-copy js-block-assets-and-copy\"\n\tdata-variant=\"copy-only\"\n\tdata-content-align=\"end\"\n>\n\t<p\tclass=\"text text-sans-48 block-assets-and-copy__title\"\n\tdata-animation=\"slide\" data-animation-target=\"words\" >So, is every platform right for your BFSI brand?<\/p><div\tdata-animation=\"slide-fade\" data-animation-target=\"inner-items-separate\" data-animation-delay=\"0.15\" data-animation-stagger=\"0.2\" class=\"block-assets-and-copy__content\" >\n\t<p\tclass=\"text text-sans-24 block-assets-and-copy__text\"\n\t>In short: Probably not.\u00a0<br><br>Like any marketing channel, what works for some brands won\u2019t be as effective for others. And when it comes to paid social media, some platforms simply don\u2019t make sense for some organizations\u2014even if it does look like there\u2019s a space to fill (looking at you, X and TikTok).\u00a0<br><br>For most organizations, it would be remiss to not have a presence on LinkedIn or Meta. However, the lesser-used platforms for this industry require additional consideration. It\u2019s critical to take into account factors like your target customer, whether the app is a fit for your brand (let\u2019s be honest, not every legacy banking or insurance institution is going to feel authentic on TikTok), and if you have the structure in place to measure the effectiveness of your paid social efforts.\u00a0 If these underutilized platforms are indeed a good brand fit, know that you have lots of opportunities to reach new audiences.<\/p><\/div>\n\t\n\t<\/div>\n\n<div class=\"block-highlighted-item-listing\">\n\t<h2\t\tclass=\"typography block-highlighted-item-listing__title typography__color--onyxGrey typography__size--regular-body typography__align--left\"\n\t\t\t>\n\t\tMore BFSI Insights\t<\/h2><a\tclass=\"cta-button block-highlighted-item-listing__cta-button cta-button__color--onyxGrey cta-button__style--regular\" href=\"https:\/\/www.deptagency.com\/insights\/\" target=\"_blank\" rel=\"&quot;noopener noreferrer&quot;\" >\n\t\n\t\t\t<span>\n\t\t\tView all Insights\t\t<\/span>\n\t\n<\/a>\n\t<div class=\"block-highlighted-item-listing__cards\">\n\t\t<a\tclass=\"universal-item-card universal-item-card__type--article universal-item-card--has-link-decoration\"\n\tdata-theme=\"white\"\n\t\t\thref=\"https:\/\/www.deptagency.com\/insight\/how-financial-organizations-can-understand-data-at-scale-with-genai\/\"\n\t\t\t\ttitle=\"How financial organizations can understand data at scale with GenAI\"\n\t\t>\n\t\t\t<div class=\"universal-item-card__backplate universal-item-card__backplate--with-image\"><\/div>\n\t\n\t<div\n\t\tclass=\"image-wrap universal-item-card__image-wrap\"\n\t\tdata-align=\"center center\"\n\t\t\t>\n\n\t\t\t<picture\n\t\tclass=\"image__picture\"\n\t\t\t\t>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2024\/04\/How-financial-organizations-understand-data-scale-GenAI.jpg\"\n\t\t\t\tclass=\"image universal-item-card__image\"\n\n\t\t\t\t\t\t\t\talt=\"How financial organizations can understand data at scale with GenAI\"\n\t\t\t\t\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t\n\t<\/div><p\t\tclass=\"typography universal-item-card__meta typography__color--darkGrey typography__size--eyebrow-lc typography__align--left\"\n\t\t\t>\n\t\tAI TRANSFORMATION&emsp;\u2022&emsp;Kelsey Anderson\t<\/p><h3\t\tclass=\"typography universal-item-card__title typography__color--onyxGrey typography__size--h6 typography__align--left\"\n\t\t\t>\n\t\t<span>How financial organizations can understand data at scale with GenAI<\/span>\t<\/h3><button\tclass=\"cta-button universal-item-card__btn cta-button__color--onyxGrey cta-button__style--regular has-parent-hover\" >\n\t\n\t\t\t<span>\n\t\t\tRead Article\t\t<\/span>\n\t\n<\/button>\n\t\n\t<\/a><a\tclass=\"universal-item-card universal-item-card__type--article universal-item-card--has-link-decoration\"\n\tdata-theme=\"white\"\n\t\t\thref=\"https:\/\/www.deptagency.com\/insight\/the-next-stage-of-frictionless-banking-experiences-aspiration-personalization\/\"\n\t\t\t\ttitle=\"The next stage of frictionless banking experiences: Aspiration &amp; personalization\u00a0\"\n\t\t>\n\t\t\t<div class=\"universal-item-card__backplate universal-item-card__backplate--with-image\"><\/div>\n\t\n\t<div\n\t\tclass=\"image-wrap universal-item-card__image-wrap\"\n\t\tdata-align=\"center center\"\n\t\t\t>\n\n\t\t\t<picture\n\t\tclass=\"image__picture\"\n\t\t\t\t>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2024\/07\/frictionless-cx-in-banking.jpg\"\n\t\t\t\tclass=\"image universal-item-card__image\"\n\n\t\t\t\t\t\t\t\talt=\"The next stage of frictionless banking experiences: Aspiration &amp; personalization\u00a0\"\n\t\t\t\t\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t\n\t<\/div><p\t\tclass=\"typography universal-item-card__meta typography__color--darkGrey typography__size--eyebrow-lc typography__align--left\"\n\t\t\t>\n\t\tTECH &AMP; DATA&emsp;\u2022&emsp;Yash Mody\t<\/p><h3\t\tclass=\"typography universal-item-card__title typography__color--onyxGrey typography__size--h6 typography__align--left\"\n\t\t\t>\n\t\t<span>The next stage of frictionless banking experiences: Aspiration &amp; personalization\u00a0<\/span>\t<\/h3><button\tclass=\"cta-button universal-item-card__btn cta-button__color--onyxGrey cta-button__style--regular has-parent-hover\" >\n\t\n\t\t\t<span>\n\t\t\tRead Article\t\t<\/span>\n\t\n<\/button>\n\t\n\t<\/a><a\tclass=\"universal-item-card universal-item-card__type--article universal-item-card--has-link-decoration\"\n\tdata-theme=\"white\"\n\t\t\thref=\"https:\/\/www.deptagency.com\/insight\/why-banks-should-think-like-a-commerce-brand\/\"\n\t\t\t\ttitle=\"Why banks should think like a commerce brand\"\n\t\t>\n\t\t\t<div class=\"universal-item-card__backplate universal-item-card__backplate--with-image\"><\/div>\n\t\n\t<div\n\t\tclass=\"image-wrap universal-item-card__image-wrap\"\n\t\tdata-align=\"center center\"\n\t\t\t>\n\n\t\t\t<picture\n\t\tclass=\"image__picture\"\n\t\t\t\t>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2024\/08\/Banking-and-commerce-strategy_Featured-Image.jpg\"\n\t\t\t\tclass=\"image universal-item-card__image\"\n\n\t\t\t\t\t\t\t\talt=\"Why banks should think like a commerce brand\"\n\t\t\t\t\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t\n\t<\/div><p\t\tclass=\"typography universal-item-card__meta typography__color--darkGrey typography__size--eyebrow-lc typography__align--left\"\n\t\t\t>\n\t\tCOMMERCE&emsp;\u2022&emsp;Yash Mody\t<\/p><h3\t\tclass=\"typography universal-item-card__title typography__color--onyxGrey typography__size--h6 typography__align--left\"\n\t\t\t>\n\t\t<span>Why banks should think like a commerce brand<\/span>\t<\/h3><button\tclass=\"cta-button universal-item-card__btn cta-button__color--onyxGrey cta-button__style--regular has-parent-hover\" >\n\t\n\t\t\t<span>\n\t\t\tRead Article\t\t<\/span>\n\t\n<\/button>\n\t\n\t<\/a>\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":40,"featured_media":4250286,"template":"","meta":{"_acf_changed":false,"es_utils_meta_schema":"","member_job_title":"","member_linkedin_url":"","dept_alt_featured_image":[],"dept_algolia_noindex":false,"dept_algolia_featured":false,"footnotes":""},"person":[832],"insight-topics":[42361,42617,42360],"class_list":["post-4250285","article","type-article","status-publish","has-post-thumbnail","hentry"],"acf":{"dept_is_3q_page":false,"dept_insight_featured":true,"dept_current_cpt_partner":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The benefits of paid social strategies for BFSI brands - DEPT\u00ae<\/title>\n<meta name=\"description\" content=\"DEPT\u00ae took a look at around 133 BFSI companies and explored their paid social media strategies (or lack thereof).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.deptagency.com\/insight\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The benefits of paid social strategies for BFSI brands - DEPT\u00ae\" \/>\n<meta property=\"og:description\" content=\"DEPT\u00ae took a look at around 133 BFSI companies and explored their paid social media strategies (or lack thereof).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.deptagency.com\/insight\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\/\" \/>\n<meta property=\"og:site_name\" content=\"DEPT\u00ae\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-26T14:48:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.deptagency.com\/wp-content\/uploads\/2024\/05\/BFSI-Insight-image-1200x620-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.deptagency.com\\\/insight\\\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.deptagency.com\\\/insight\\\/overlooked-or-essential-the-benefits-of-paid-social-strategies-for-bfsi-brands\\\/\"},\"author\":{\"name\":\"Alexandra Moorhouse\",\"@id\":\"https:\\\/\\\/www.deptagency.com\\\/en-uki\\\/#\\\/schema\\\/person\\\/57d70812ce2b4e6d6b8cd6afd8963ce1\"},\"headline\":\"Overlooked or essential? 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