FEM CURRENCY

TitleFEM CURRENCY
BrandPAISLEY
Product/ServiceWOMEN'S COLLECTION
Category B05. Use of Print / Outdoor
Entrant MAYD HAMBURG, GERMANY
Idea Creation MAYD HAMBURG, GERMANY
Production MAYD HAMBURG, GERMANY
Credits
Name Company Position
Bahador Pakravesh MAYD Executive Creative Director
Behnaz Pakravesh MAYD Executive Creative Director
Alexander Makedonskiy MAYD Creative Director
Claudia Cruz MAYD Illustrator
Eve Kemanes MAYD Art Director

Why is this work relevant for Direct?

FEM currency brings customers directly into the PAISLEY store, because it’s the only place where you can exchange your money into FEM. But most importantly FEM is a direct solution which counteracts with the Gender Pay Gap as long as it’s necessary.

Background

The unadjusted Gender Pay Gap in Germany is 21%*. Meaning that women earn 21% less than men. So our mission was clear: creating a fair world for women and this with a real small budget* (Source: Federal office of statistics, 2017).

Describe the creative idea (30% of vote)

With the launch of its first women's collection, fashion brand PAISLEY wants to start a new era for women on a much bigger scale. With FEM - a new currency for women only, worth 21% more than any existing currency. So women who visit the PAISLEY store can exchange their money into FEM and get 21% more for it. Within PAISLEY and all partner shops.

Describe the strategy (20% of vote)

Retail is faced with a heavy challenge: online shopping. Instead of concentrating our strategy on something virtually we've decided to do something haptic wich people can see, feel but most of all use - the FEM Notes. The idea lead people directly into the store and the benefit was given straight away.

Describe the execution (20% of vote)

Like any currency, FEM has its own, specially designed notes. Each one of them highlights a historic female figure who helped shape our society and pave the way for all women today. To avoid misuse the FEM notes have also several security features: like water marks, special imprints and individual serial numbers that start with the birthday dates of our historic heroes.

List the results (30% of vote)

Thanks to PAISLEY there is no actually Gender Pay Gap in the PAISLEY Store or all participating ones. FEM is requested by more than 15 stores worldwide by now. The PAISLEY women’s collection was sold out within 2 weeks. And the campaign achieved an increase of 233% in store visitation and 285% in sales compared to the previous year.