Insight Sources: Digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix.
Gen-Z, Millennial Media Opps: Vans appoints global media AOR (Score 40)
Sales lead: Reach out to this company's DMs for more information as it is currently experiencing DM and agency roster turnover.
- Vans selected OMD as its global media AOR in April 2023.
- This is the company's first global media AOR.
- The agency is assembling a bespoke group named Team Vans to handle the account.
- This replaces incumbent AOR Starcom.
- We recently told you about the company's recent DM shifts.
Target demographic: Gen-Zers & millennials
The company will likely:
- Make additional agency changes
- Revise media strategy
- Keep ramping up digital spend
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Vans spent approximately $8.9m on digital display ads YTD, a 39% increase from $6.4m spent in this channel during the same time period of 2022.
- YTD data: 1.1b impressions via Instagram (57%), Facebook (28%), YouTube (13%), and desktop display (2%).
- 2021-2022 spend: Full-year spend jumped 57% from $20.2m in 2021 to $31.8m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as instagram.com, facebook.com, youtube.com, highsnobiety.com, and whowhatwear.com.
Additional channel insights
- Vivvix: Vans also invests in OOH and print ads.
Agency analysis:
- Opportunity: Agency reviews commonly follow one another, so get in touch to see if Vans plans on making any more changes.
- Current roster:
- GUT Los Angeles: creative
- OMD: Global media AOR