Momvertisng Opps: Family Dollar begins digital transformation with new app (Score 15)

Sales lead: This initiative should lead to higher ad spending & possibly agency reviews. 

  • Family Dollar (FD) just kicked off a digital transformation project. 
  • Phase one is a new mobile app set to launch in October. 
  • The app includes an improved wallet feature to help users manage coupons, weekly ads, and product searches.
  • After that, it will roll out in-app shopping, personalization, and a rewards program. 
  • The company partnered with Publicis.Sapient to lead the project.

Target demographic: Primary shoppers (millennial & Gen-X women)

The company will likely:

  • Significantly increase digital ad spend
  • Launch an ad campaign
  • Seek additional agency assistance

Digital and social insights (digital ad spend, effectiveness, impressions, and performance)

  • YTD spend: FD spent about $1.2m on digital display ads YTD, down from $2.9m spent in this channel during the same time period of 2022. 
  • YTD data: 192.5m impressions via Facebook (74%), Instagram (18%), desktop display (4%), desktop video (2%), and mobile display (2%). 
  • 2021-2022 spend: Full-year spend fell 31% from $7.4m in 2021 to $5.1m in 2022. 
  • Ad location: It placed 94% of these ads directly onto sites such as facebook.com, instagram.com, answers.com, bulbapedia.bulbagarden.net, and youtube.com. It placed 6% of these ads through multiple indirect channels onto sites such as msn.com, ebay.com, budgettravel.com, yahoo.com, and buzzfeed.com. 

Additional channel insights  

  • Vivvix: FD also invests in OOH and radio. 
  • Top podcasts sponsored: Marketplace, Marketplace All-in-One, Crime Stories with Nancy Grace, True Crime Today | A True Crime Podcast, and 93X Half-Assed Morning Show. 

Agency analysis:

  • Opportunity: Reach out now to see if FD needs any more help with the digital transformation.
    • You might also be able to pick up creative or social media duties. 
  • Current roster:

Insight Sources: Digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix; podcast insights estimated by Podchaser