Tender

TEN-2324-001 Digital Media Services for a test and learn Programmatic Campaign

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Tender

09 Jul 2024 at 16:54

Summary of the contracting process

The National Employment Savings Trust (NEST) has issued a tender for Digital Media Services for a test and learn Programmatic Campaign with a value of £300,000. The campaign aims to increase engagement with members through digital advertising and drive specific actions. The tender is currently in the planning stage with a submission deadline of 8th August 2024.

This opportunity suits businesses providing advertising consultancy, marketing services, and marketing management consultancy. The selected supplier will cover campaign strategy, media planning & buying, and creative development & production. Businesses adept at digital advertising and campaign activation are well-suited to compete for this tender issued by NEST in the United Kingdom.

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Notice Title

TEN-2324-001 Digital Media Services for a test and learn Programmatic Campaign

Notice Description

By the nature of auto enrolment, the majority of our members are generally disengaged. They are enrolled by their employer, meaning that they don't actively choose us, or have to actively engage with their pension scheme to start saving. Despite the size of our member base (13 million total members), awareness of Nest is very low; unprompted brand awareness currently stands at only 3%, at UK population level. And a significant number of Nest members aren't aware that they have a pension pot with Nest. One of Nest's strategic priorities is to increase the proportion of members engaging with their online accounts, by means of activating their accounts or logging into their accounts at least once a year. Nest is not currently able to use digital advertising on an always-on basis. Instead, we have been taking a test and learn campaign approach to understand how programmatic digital advertising can best be used to reach our members online and drive specific actions from them. We have so far conducted two test campaigns in 2022 and 2023, which were successful, resulting in conversions which were double our original target. We are now looking to implement our third programmatic test and are seeking a supplier to work us on this

Lot Information

Lot 1

: The primary objective of this campaign is to encourage disengaged Nest members to log into their Nest account. This would be reflected with an increase in members activating their accounts and/or logging in. Target audience Campaign goal Members who haven't activated their online account Account activation (log in for the first time) Members who haven't visited the Nest website and haven't logged into their account for over 12 months Account log in As these would be transactional and straight-forward methods of measuring the campaign's success, how we evidence other forms of engagement is to be suggested by the appointed agency -

Options: Option 1 : To cover campaign strategy & delivery, media planning & buying, and creative development & production Option 2: To cover campaign strategy & delivery, and media planning & buying

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047c13
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020978-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79341100 - Advertising consultancy services

79342000 - Marketing services

79413000 - Marketing management consultancy services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
£300,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jul 20241 years ago
Submission Deadline
8 Aug 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)
Contact Name
Not specified
Contact Email
alison.slade@nestcorporation.org.uk
Contact Phone
+44 2030563652

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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