
In less than 2 weeks, produce a bold, dynamic, and impactful mutli-platform social video suite for the roll out of PayPal's new Pay in 3 payment solution.
The last few years have seen a dramatic shift in the way we buy, but we're not just talking about eCommerce - we're talking about the actual payment & financing landscape. Deferred payment solutions have seen explosive growth, especially the last 6 months, and now that we're heading into the busiest time of the year for eCommerce, PayPal is launching a new solution for the UK: Pay in 3.
Pay in 3 allows you to split your purchase into 3 equal monthly payments, with no set up fee or interest, and the goal of this project is to help PayPal announce this new product by creating a social video suite that is bold, brave, dynamic, and empowering. We're trying to drive users to find out more about Pay in 3 (and use it when checking out), with the message that Pay in 3 gives you the power to live your best life, right now, your way.
Speed and social optimization are key here. This moves lightning fast, so check that timeline - it will impact your creative approach. Then consider that we're creating video content for social platforms, with a heavy emphasis on vertical story formats, and we'll need content to feel native to it's intended platform. We are open to live action, motion graphics, and stop motion - not traditional 2D or 3D animation - and we anticipate this will need smart visual compositions no matter what.
There's a ton of messaging guidance and purchasing info in the Background / Additional Details, and you should give our platform best practices a thorough read. Got questions? Ask in the forum.
DELIVERABLES: 18 total assets, but only 7 formats (each underlined below). Each format has distinctive requirements, and while some assets can be repurposed, deconstructed, and reused for different platforms, it is important that there is optimization for each platform and format. It is however not expected that each of these would require a different shoot or narrative.
TIMELINE:
EXPOSURE:
TARGET AUDIENCE:
TONE:
EXECUTIONAL MANDATORIES:
OPEN BID:
Our priority is ensuring everyone's safety, so please review our COVID-19 Production Safety Guide and check federal, state, and local rules before and during your shoot to make sure your on-set protocols are up to date. We’re working hard to keep people working during this extraordinary time, and our advice here is to make sure your submission is executable within the anticipated timeline, while also ensuring everyone's safety.
Given the short run time for most of the content, you're going to want to be highly focused with a direct and empowering messaging, driving the video with bold visuals, great music (especially for Snapchat or TikTok!), and strong sound design. Think about tying that music and sound design to the visuals - or, if you're going to include on-screen talent - tying their actions to the music or sound design. Additionally, you should think about relevant and relatable purchases.
What's relevant and relatable? The minimum purchase amount is £45, the max is £2,000, but we don't want to encourage frivolous spending, so you should think about key aspirational purchases that are more meaningful and additive. Often times, this means quality. A better bike, a better laptop, a better pair of shoes, or even home goods like washing machines that'll make a big difference at home.
KEY MESSAGING: Pay in 3 is an enabler that lets you get on with your life and not let your finances get in the way (responsibly, of course). Very little of the below will make it into your video, but you can distill something from this.
PayPal Pay in 3 is about giving power to the people. It’s the power enabling you to live your best life, right now, your way. It's:
Ultimately, it’s more than just purchasing power. It’s control over your finances and your life. Less pressure, more peace of mind. With PayPal Pay in 3, the power is yours.
Pay in 3 enables:
In order to be considered for this project, you must include the below materials in your pitch submission. For examples of effective pitches, check out this gallery.
The most compelling pitch will be greenlit, and upon completing the Winner Affidavit and the IP Assignment, the responsible creator will receive funding. Please note: the payment of the pitch funds is subject to a payment schedule determined by Tongal. Please see the full payment schedule in the Assets section.
PRE-PRODUCTION REQUIREMENTS: Prior to shooting, filmmakers must receive the below approvals from the Sponsor.
For your convenience, we’ve provided some helpful templates to use at your discretion. They include templates for creating a treatment, production budget, storyboards, shot list, call sheet, and a music cue sheet. Additionally, there are templates that will help you clearly present cast, location, and wardrobe options to the Sponsor. They can all be accessed here.
REVISION REQUIREMENTS: Once the Video Phase has closed, the greenlit submitters will enter the Revisions Phase. Filmmakers will perform reasonable edits on their videos according to the Sponsor’s feedback.
MUSIC: Tongal has partnered with three premiere music providers: Jingle Punks, Universal Production Music and Epidemic Sound, any of which can be used to source music for your video submission to this project. Music from these providers is available to registered Tongal members at no charge solely for their incorporation into submissions to this project and will not require a separate Music Release Form. To learn more about using each of these music providers, click on any of the providers’ names above.
If you choose to use custom/original music, you must fill out and submit our Music Release Form. If you obtain music from third-party catalog providers, you must purchase the appropriate license at your own expense and submit it with your license purchase receipt when you turn in your video paperwork.
CREW: Tongal supports inclusivity in all of our productions and strongly encourages you to hire diverse talent for your production and post-production departments. To find crew in your area, check out these resources and partners.
ASSET DELIVERY REQUIREMENTS: You must also provide all project files, editing sequences and a 1080p .mov master file, using a ProRes, Animation, or Uncompressed Codec in order to submit final payment. You are responsible for the costs associated the hard drive and shipping.
For Tongal’s file delivery specs and any other questions you may have about post production, please click here.