Gen-Z, Millennial Opps: Lime taps new C-suite marketer (Score 67)
Sales Lead: Carolyn Chiang Rosebrough became the chief brand and communications officer at Lime, effective September 2023.
- Chiang Rosebrough joined the company in October 2021 as its global brand and communications head.
- Before this, she had served as the VP and head of SoulCycle's PR, communications, and community impact.
- She's focused on developing a clearer brand voice, further define its mission, and strengthening the point-of-view on Lime's purposes and values.
- The team that Chiang Rosebrough oversees handles all communications, brand marketing, creative, content development, SEO optimization, and social media
- The company will likely:
- Launch a new campaign
- Shift strategy significantly
- Return to higher spend
- Pursue experiential and cause marketing opportunities, as it has done in the past
- Conduct agency reviews
- Target demographic:
- Gen-Z and millennials
- Lime especially appeals to this audience with its eco-friendly focus.
- This demographic is more likely than others to spend money on environmentally conscious brands (more here).
- Gen-Z and millennials
Additional spending insights:
- Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: So far this year, Lime has spent roughly $50.1k on digital ads, only around a quarter of the roughly $193.9k spent by this point last year.
- YTD data: The company has earned approximately 7.6m digital impressions YTD, 66% via Facebook ads and 34% via Instagram ads.
- Last year: In 2022, Lime's estimated full-year spend decreased slightly (2%) to $248k from that of $251.9k spent 2021.
- Additional channel insights
- Lime utilizes OOH and Facebook ads.
- The company sponsors podcasts such as America Out Loud, VOA Learning English, Le Batard & Friends Network, and Ross Tucker Football.
Additional agency insights:
- Opportunity: Chiang Rosebrough's promotion could lead to an agency review, so reach out soon to get on her radar.
- Current agency roster:
- No current agency relationships yet confirmed
Insight Sources: Digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix; podcast insights by Podchaser.