Insight Sources: Broadcast insights estimated by iSpot; digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix.
Millennial, Gen-Z Opps: Kraft Singles updates packaging, logos (Score 61)
Sales lead: Get in touch to help this brand promote the rebrand.
- Kraft Singles (KS) rebranded with new packaging and logos.
- The new packaging has a textured flap that will make it easier to open.
- KS also launched new ultra-thin and extra-thick slice options.
- The brand hopes this will help it reach Gen-Zers & millennials more effectively.
- jones knowles ritchie helped KS with the project.
Target demographic: Gen-Z & millennials
The brand will likely:
- Continue increasing ad spend
- Shift ad dollars around to target younger consumers
- Seek new agency partners
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: KS spent around $4.7m on national TV ads YTD, a significant increase from $1.6m spent in this channel during the same time period of 2022.
- 2021-2022 spend: Full-year spend plummeted from $28.2m in 2021 to $6.5m in 2022.
- Ad programming: It placed ads during programming such as The First 48, Law & Order: Special Victims Unit, Vanderpump Rules, Below Deck Mediterranean, and NCIS.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: KS spent about $2.9m on digital display ads YTD, up from $1.3m spent in this channel during the same time period of 2022.
- YTD data: 203.5m impressions via Instagram (42%), YouTube (21%), Facebook (19%), and desktop video (18%).
- 2021-2022 spend: Full-year spend fell 28% from $5m in 2021 to $3.6m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as instagram.com, youtube.com, facebook.com, and twitch.tv.
Additional channel insights
- Vivvix: KS holds media planning discussions in Q4, and it buys during Q3.
Agency analysis:
- Opportunity: Reach out if you can help KS promote the new packaging.
- Current roster:
- Johannes Leonardo: creative AOR
- Leo Burnett Worldwide: creative, digital, social, & experiential
- Starcom Worldwide: media buying & planning
- Upshot: creative & digital
- jones knowles ritchie: branding