Female Millennial, Gen-X Digital Opps: Young Living names new marketing head (Score 50)
Sales lead: This hire will directly impact the company's marketing strategy & could lead to agency appointments.
- Young Living (YL) hired Steve Carlile as chief marketing and digital officer in April 2023.
- Carlile joins from Younique, where he held the same title.
- He now leads all global marketing initiatives for YL.
Target demographic: Gen-X & millennial women
The company will likely:
- Maintain a digital-first marketing strategy
- Ramp digital spend back up
- Outsource some marketing duties to agency partners
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: YL spent around $28.9k on digital display ads YTD, about half (52%) of the $55.8k spent in this channel during the same time period of 2022.
- YTD data: 3.7m impressions via Facebook.
- 2021-2022 spend: Full-year spend plummeted from $589.2k in 2021 to $82.1k in 2022.
- Ad location: It placed 100% of these ads directly onto facebook.com.
Agency analysis:
- Opportunity: Reach out now to be top-of-mind with the new chief marketing & digital officer.
- Current roster:
- In-house: media
Insight Sources: Digital spend insights estimated by Pathmatics.