Case Study: LendingClub’s Successful CGA Contest

LendingClub, a web site that facilitates peer-to-peer money lending, just completed a successful consumer-generated advertising video contest. They note a couple of interesting metrics on their blog. For example the contest garnered 18 competitors and 100,000+ views during a four-week run and with an incentive of $8,000 in prizes. It’s important to note, too, the contest received some major blog coverage today, because the valuable PR gave the site an additional ROI in addition to the marketing they used to publicize the contest across Facebook and YouTube.

Here’s a look at the winning entry. It’s pretty well made. In fact, the professional filmmaker and popular YouTuber Chris Barrett created it and won the contest on a pretty good concept. I think it could have been more tightly edited, but it did get over 17,000 views on YouTube. Slyly, or perhaps smartly, he included the attention-grabbing tag ‘Paris Hilton’. That helped. Here’s an interview with the filmmaker.

If you’d like to see the other videos that won prizes, you can watch them all here.

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3 Responses to “Case Study: LendingClub’s Successful CGA Contest”

  1. Rex Dixon Says:

    Thanks for the blog post coverage!

    Rex

  2. Mark Schoneveld Says:

    Sure thing, Rex. Thanks for reading!

  3. Steve Says:

    Contest surrounded by controversy, I was a $3,000 winner that should have been a $5,000 but w/e here I am to give it a shot at xlnt ads :) good luck to everyone

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