Insight Sources: Broadcast insights estimated by Vivvix.
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TWO NIL | Agency Profile, Contacts, AOR, Client Relationships
Service: strategic marketing agency
- Main Telephone
- (310) 439-5507
Primary Address
5510 Lincoln Blvd
Suite 410
Los Angeles,
CA
90094
USA
TWO NIL Contacts
Contacts (2)
Name | Title | State | ||||||||||||
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Mark Z. | Chief Executive Officer | CA | ||||||||||||
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Anthony U. | Director, Strategy | CA |
WinmoEdge
Female Millennial, Gen-X Opps: Groupon discloses 2023 marketing plans (Score 55)
Sales lead: Get in touch if you can provide high-ROI ad space.
- Groupon disclosed in its recent Q4 2022 earnings report that it is currently focused on driving customer demand, improving marketing efficiency, and improving operations.
- To do this the company will:
- Utilize personalized promotions/incentives and SEO.
- Shift ad dollars to written channels.
- Improve inventory and add new offerings.
- Additionally, Groupon plans on reducing marketing spend by about eight percent in 2023.
- We told you about Groupon's new CMO in February.
Groupon's target demographic: Gen-X & millennials with a female skew
The company will likely:
- Experiment with its marketing strategy to find the optimal channels
- Ramp up promotional activity
- Review the current agency roster/seek additional assistance (recent CMO hire)
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Groupon has not invested in national TV ads since spending $1.8m in 2021.
- 2021 ad programming: It placed ads during programming such as Hawaii Five-0, The Andy Griffith Show, Law & Order: Special Victims Unit, NCIS: New Orleans, and Gunsmoke.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Groupon spent around $1m on digital display ads YTD, an 83% decrease from $5.9m spent in this channel during the same time period of 2022.
- YTD data: 134.8m impressions via Facebook (85%), Instagram (14%), and desktop display (1%).
- 2021-2022 spend: Full-year spend fell 32% from $32m in 2021 to $21.6m in 2022.
- Ad location: It placed 99% of these ads directly onto sites such as facebook.com, instagram.com, aol.com, youtube.com, and food52.com. It placed 1% of these ads indirectly through Google AdX+AdSense and Criteo onto sites such as espn.com, soundcloud.com, jeepforum.com, azlyrics.com, and magicspoiler.com.
Additional channel insights
- Vivvix: Groupon also invests in local broadcast.
Agency analysis:
- Opportunity: Keep reaching out to the new CMO to see if you can pick up some of Groupon's business.
- Current roster:
- TWO NIL: media AOR
- Investis Digital: digital
- In-house: creative & media