209: NerdWallet Brand, Measurement, and Insights with CMO Kelly Gillease

During this 209th episode of “Marketing Today,” host Alan Hart interviews Kelly Gillease, chief marketing officer at NerdWallet.Today, we talk a lot about Gillease's experience, which spans about twenty years in startups, travel, EdTech, and search, as well as supporting some of the acquisitions of those startups. We also talk about NerdWallet's venture into using big mass media advertising like TV and brand-building efforts and how she did that. We also highlight Gillease's background and some of the unique things that she's done in her life and her dual degree in both English and economics from UC Berkeley.Gillease discusses how addressing the public's lack of trust in personal finance companies is a big challenge for Fintech. Providing the best financial advice to establish that trust is how NerdWallet approached mass marketing. Gillease notes the drawbacks of performance marketing when she says, “performance marketing is really limited by demand for the category.” As Gillease shares what her team learned from the research that went into the "Money Talks" campaign, she reflects, "Everybody at different income levels, whether you're well off or just barely making it, gets upset about money." Understanding that emotional connection is essential to the NerdWallet brand, which emphasizes optimism. This interview highlights Gillease's commitment to positive, impactful marketing that helps people address their everyday problems. Highlights from this week's “Marketing Today”: The American Crossword Puzzle Tournament. 01:21Kelly's double degree in English and Economics. 04:37The initial challenges of her job when she joined NerdWallet. 07:07Kelly's experience with mass media advertising. 10:11How Kelly's team approached mass marketing. 13:39The impact brand efforts had on their business. 15:34The “Turn to the Nerds” campaign. 19:39The learning plan around the “Money Talks” campaign. 22:40The research behind the “Money Talks” campaign. 26:32NerdWallet's response to coronavirus. 28:29Is there an experience in her past that defines who she is today? 31:51What is the advice Kelly would give to her younger self? 33:26The most impactful purchase she has made in the last 6-12 months of $100 or less. 36:53Are there any brands, companies, or causes that Kelly follows that she thinks other people should take notice of? 38:29Kelly's take on the top opportunities or threats facing marketers today. 41:15 Become a member today and listen ad-free, visit https://plus.acast.com/s/marketingtoday. Hosted on Acast. See acast.com/privacy for more information.