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

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  • Peter Scott
  • Lucy Ann Newton

Abstract

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.

Suggested Citation

  • Peter Scott & Lucy Ann Newton, 2012. "Advertising, promotion, and the rise of a national building society movement in interwar Britain," Business History, Taylor & Francis Journals, vol. 54(3), pages 399-423, June.
  • Handle: RePEc:taf:bushst:v:54:y:2012:i:3:p:399-423
    DOI: 10.1080/00076791.2011.638489
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    Cited by:

    1. Batiz-Lazo, Bernardo & Noguchi, Masayoshi, 2011. "Auditors and the supervision of retail finance: evidence from two small-sized building societies, 1976-1978," MPRA Paper 32193, University Library of Munich, Germany.
    2. John Singleton & James Reveley, 2013. "Business Associations as legitimacy-seekers: the case of CLCB," Working Papers 13005, Economic History Society.

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