MF's target demographic: Millennials & Gen-Xers
The company will likely:
- Ramp up ad spend
- Shift focus towards digital channels
- Review other agency relationships
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: MF spent about $40.7m on national TV ads YTD.
- Last year: Full-year spend jumped by 40% from $29.9m in 2020 to $41.8m in 2021.
- 2022 ad programming: It placed ads during programming such as MLB Baseball, ¡Despierta América!, NCIS, Fixer Upper, and The Beat With Ari Melber.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: MF spent approximately $13.9m on digital display ads YTD.
- YTD data: 1.8b impressions via Facebook (37%). desktop video (30%), Instagram (20%), desktop display (7%), Twitter (4%), mobile display (2%), and mobile video (1%).
- Last year: Full-year spend increased by 13% from $13.3m in 2020 to $15m in 2021.
- Ad location: It placed 95% of these ads directly onto sites such as facebook.com, youtube.com, instagram.com, yahoo.com, and twitter.com. It placed 5% of these ads through multiple indirect channels onto sites such as yahoo.com, barstoolsports.com, vox.com, msn.com, and theverge.com.
Additional channel insights
- MF also invests in OOH, print, radio, and local broadcast.
Agency analysis:
- Opportunity: Agency appointments tend to follow one another, so reach out now to see if MF needs any more assistance.
- Current roster:
- Spark Foundry: media
- Golin: PR
- The Infinite Agency: social media
Insight Sources: Broadcast insights estimated by Kantar.