The SSE500

In the spotlight:

"The SSE500"

2025 Gold Effie Winner

Effie is about awarding ideas that work, educating about effective marketing and showcasing the best work to enhance learning in our industry.

CAMPAIGN NAME

The SSE500

CATEGORY

Best of Europe: Marketing Innovation Solutions

CLIENT

SSE Riga Alumni Association

LEAD AGENCIES

White Label, McCANN Riga

CAMPAIGN DESCRIPTION

In Latvia, alumni giving is not a cultural norm, yet for SSE Riga, alumni donations are essential to keeping scholarships available to students who need them. With a small, international alumni community, limited disposable income and no media budget, the school needed to find a new way to inspire alumni to give back. The campaign turned SSE Riga’s unique alumni network and its connection to Latvia’s business community into a powerful engine for philanthropy.

THE CHALLENGE

SSE Riga had a powerful alumni network, but it was not translating into philanthropic support. In 2023, alumni donations totalled just €9,500, with an average donation of €17 and only 1% of alumni participating. Previous attempts using emails, events and class appeals had failed to meaningfully increase engagement.

The stakes were high: alumni donations funded 10 scholarships for underserved students, while SSE Riga had no paid media budget and an outdated alumni database, making traditional email-led fundraising increasingly ineffective.

The challenge was to motivate practically minded alumni, who saw giving as inefficient charity, to participate - without paid media or reliable access to the alumni community.

STRATEGIC APPROACH AND EXECUTION

For more than a decade, SSE Riga had relied on obligation, emotion and loyalty to encourage alumni giving with little impact. The breakthrough was to recognise that leaders were more likely to give when their contribution was visible to other leaders.

The solution was SSE 500, a prestige-powered platform that turned donations into a public investment system. Every donation was framed as a stock purchase, donors received a rank, and class cohorts rose and fell on a live leaderboard.

The platform was brought to life as a performance system rather than a traditional campaign. Its interface drew on familiar investment tools such as Bloomberg terminals, crypto dashboards and trading apps, using real-time movement, market caps, rankings and stock prices to make every donation visible.

Every donation triggered an immediate change. Leaderboards shuffled, stock prices moved and donors could see their name and class rise in real time. A planned Wall of Top Investors would bring this recognition into the physical school, while the final leaderboard was shared across alumni social channels.

The launch was introduced by one of SSE Riga’s most respected lecturers through a social media video, establishing credibility from the start.

The campaign culminated in a live event where alumni could donate on the spot and the final leaderboard was revealed. By combining real-time visibility, competition and recognition across the platform, social media and live event, SSE 500 created a self-sustaining system designed to spread without media spend.

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Clear evidence of success:

€94,556 raised in 12 days

Average donation increased 24x

26% of donors gave more than once

93% of graduating cohorts participated,

 

RESULTS

  • €415 average donation - 24x the previous average of €17.
  • 28 of 30 alumni cohorts activated - 93% participation across cohorts.
  • 26% of donors made repeat donations, demonstrating continued engagement.
  • 1,100 people attended the final event - one third of SSE Riga’s 3,200-strong alumni base.

WHY A GOLD SILVER EFFIE? Here's what the jurors said.

"The idea of leveraging the ambitions and values of alumni was brilliant. Congratulations on finding the insight and for the idea."

"Very clever creative execution and reframing of the ask, unique and really played into the audience's proven behaviours."

"The brilliance of the idea lies in the insight to reframe donations as a form of stock investment. This clever shift aligns perfectly with the mindset of the target audience, making the activation feel highly relevant and motivating. The results clearly show that this strategy paid off, reinforcing the strength of the strategic and creative thinking."

"A brilliantly insight-led idea that transformed invisible donations into visible, high-status acts of leadership, driving record participation and value."

"Gamified donation mechanics with a real-time leaderboard created urgency, transparency, and friendly competition, driving high participation and generating funds for underserved students."

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