Advertising, promotion, and the rise of a national building society movement in interwar Britain

Scott, P. ORCID: https://orcid.org/0000-0003-1230-9040 and Newton, L. A. ORCID: https://orcid.org/0000-0003-1453-8824 (2012) Advertising, promotion, and the rise of a national building society movement in interwar Britain. Business History, 54 (3). pp. 399-423. ISSN 1743-7938 doi: 10.1080/00076791.2011.638489

Abstract/Summary

This article examines the role of advertisement and promotion in the successful development of nationwide building societies in interwar Britain and the rapid overall growth of the building society movement. Major building societies are shown to have used extensive advertising to compensate for their initial lack of established national brands, promote home-ownership, and make savers aware of the attractive earnings and high security of building society savings. During a period when most building societies had very limited branch networks, extensive advertising increased the public profile of the major societies and thus assisted their rapid expansion via lower-cost modes such as agency networks.