Digital B2B Opps: Bill.com changes name, launches first brand campaign (Score 72)
Sales lead: Reach out to this company to help it promote its new name and to score some of these extra ad dollars.
- Bill.com has rebranded as Bill, and it is launching its first-ever campaign to promote the name change.
- The company's DMs hope to "modernize" the brand and offer users a more engaging product.
- Odysseus Arms, which recently won Bill's creative account, created the campaign.
- The push features two video ads that will be supported through CTV, LinkedIn, and Meta.
- It also includes OOH ads.
Recent hires:
- Rick Galan joined the company as growth marketing VP in March 2022.
- Jennifer Talwar joined the company as head of brand strategy, marketing, & social in June 2022.
- Michelle Baur joined the company as senior manager of customer experience, insights, & reporting in February 2022.
Bill's target demographic: Small & medium-sized businesses
The company will likely:
- Seek additional agency assistance
- Continue increasing spend
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Bill spent about $164.2k on digital display ads YTD, a significant increase from $47.8k spent in this channel during the same time period of 2021.
- YTD data: 21.2m impressions via Facebook (84%) and Instagram (16%).
- Last year: Full-year spend jumped by 57% from $162.3k in 2020 to $254.2k in 2021.
- Ad location: It placed 100% of these ads directly onto facebook.com and instagram.com.
Additional channel insights
- Bill also invests in OOH and radio.
Agency analysis:
- Opportunity: Get in touch with this company soon to pitch your services because agency reviews tend to follow one another.
- I advise readers to offer PR, media, social media, & digital services.
- Current roster:
Insight Sources: Digital spend insights estimated by Kantar.