Insight Sources: Broadcast insights estimated by iSpot; digital spend insights estimated by Pathmatics; additional channel insights estimated by Kantar.
Male Gen-X, Millennial Media Opps: Allstate taps creative AOR (Score 23)
Sales lead: Agency reviews tend to follow one another, so keep a close eye on this company.
- Allstate tapped Wieden + Kennedy creative AOR in December 2022.
- This replaces incumbent shop Droga5, which picked up the account in 2020.
- The agency will start working on the account in 2023.
Allstate's target demographic: Gen-X & millennial men
The company will likely:
- Release fresh creative work early next year
- Increase ad spend
- Review its other agency relationships
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Allstate spent approximately $292.9m on national TV ads YTD.
- Last year: Full-year spend increased by 30% from $307.1m in 2020 to $398.8m in 2021.
- 2022 ad programming: It placed ads during programming such as NFL Football, College Football, NBA Basketball, College Basketball, and MLB Baseball.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Allstate spent nearly $32.2m on digital display ads YTD.
- YTD data: 4.3b impressions via Facebook (31%), Twitter (20%), desktop video (20%), Instagram (16%), desktop display (9%), mobile display (3%), and mobile video (1%).
- Last year: Full-year spend jumped by 19% from $59.4m in 2020 to $70.9m in 2021.
- Ad location: It placed 95% of these ads directly onto sites such as facebook.com, twitter.com, youtube.com, instagram.com, and espn.com. It placed 5% of these ads indirectly through Yahoo DSP and Google AdX+AdSense onto sites such as zillow.com, yahoo.com, finance.yahoo.com, ebay.com, and espn.com.
Additional channel insights
- Allstate also invests in OOH, print, radio, and local broadcast.
Agency analysis:
- Opportunity: Start reaching out to Allstate's DMs now in case it reviews any of its other accounts.
- Current roster:
- Starcom Worldwide: media AOR
- Lapiz: multicultural
- Taylor: PR
- Manifest: social & digital
- Material Plus: digital