Male Millennial, Gen-Z Opps: Sonic launches frozen Tots (Score 23)
Sales lead: Reach out if you can help Sonic promote its new offering.
- Sonic entered the frozen food market by launching Tots at over 4k Walmart Supercenters.
- Sonic Tots come in a 28-oz package and are priced at $4.98.
- It will roll out at additional retailers soon.
Target demographic: Millennials & Gen-Z with a male skew
The company will likely:
- Test more retail products
- Launch fresh creative or a campaign to promote Sonic Tots
- Increase ad spend
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Sonic spent nearly $64.6m on national TV ads YTD, down 7% from $69.2m spent in this channel during the same time period of 2022.
- 2021-2022 spend: Full-year spend fell slightly (2%) from $141.2m in 2021 to $138.8m in 2022.
- Ad programming: It placed ads during programming such as NFL Football, College Basketball, NBA Basketball, Friends, and SportsCenter.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Sonic spent around $16m on digital display ads YTD, a slight (5%) increase from $15.3m spent in this channel during the same time period of 2022.
- YTD data: 1.8b impressions via Facebook (45%), Instagram (23%), YouTube (16%), desktop video (14%), desktop display (2%), and mobile display (1%).
- 2021-2022 spend: Full-year spend increased by 13% from $30.8m in 2021 to $34.9m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as facebook.com, instagram.com, youtube.com, twitch.tv, and espn.com.
Additional channel insights
- Vivvix: Sonic also invests in OOH, print, radio, and local broadcast.
- It holds media planning discussions in Q4, and it buys during Q3.
Agency analysis:
- Opportunity: I believe these agencies are past the three-year average tenure, so get in touch to see if you can pick up some of Sonic's business.
- Current roster:
- Zenith Media: media AOR
- VaynerMedia: social AOR
- Mother: creative AOR
- MSLGroup: PR
Insight Sources: Broadcast insights estimated by iSpot; digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix.