Rainey Kelly Campbell Roalfe has prised the pounds 10 million
Virgin Direct account from TBWA GGT Simons Palmer after a head-to-head
creative pitch between the two agencies.
Virgin Direct appointed Rainey Kelly to overhaul its brand strategy in
August and last week both agencies presented creative work to match the
new brief.
Steve Taylor, the group brand director of Virgin Direct, said: ’The
creative work is not the point. Both agencies are capable of excellent
creative work but the trick is not in the execution, it’s in getting
your head round what to say and how to say it. Rainey Kelly’s idea has
legs and I felt they had a better grasp of what we are trying to
achieve.’
Rainey Kelly will handle the brand and the core account for PEPs,
deposits, pensions and life insurance. TBWA retains the pounds 5 million
advertising account for Virgin One, the banking arm of Virgin
Direct.
MT Rainey, a partner at Rainey Kelly, said: ’Virgin Direct is far and
away the most dynamic company in the financial services industry, but
there are a lot of sleeping giants waking up in the sector and we
believe there’s both a real need and an opportunity for the brand to go
further, faster.’
Virgin began a review of its relationship with TBWA after the agency,
which was the incumbent on Virgin Direct, won the pounds 50 million
NatWest account in June.
Media on all Virgin’s financial business is handled by Manning Gottlieb
Media.