Insight Sources: Broadcast insights estimated by iSpot; digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix; podcast data estimated by Podchaser.
Male Gen-X, Millennial Opps: Nautilus changes name to Bowflex to support its top brand (Score 69)
Sales lead: Reach out to help this company promote the rebrand.
- Nautilus announced it is changing its name to Bowflex, effective November 1st, 2023.
- The company believes this will help show its focus on the Bowflex brand.
- The company rolled out a new logo & brand identity for Bowlfex earlier this year.
- It also plans on rolling out several new products in Q4.
Target demographic: Millennial & Gen-Xers with a male skew
The company will likely:
- Keep shifting ad dollars from TV to digital channels
- Increase promotional activity or launch an ad campaign for new products set to launch later this year
- Seek agency assistance for the rebrand
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Bowflex spent about $1.7m on national TV ads YTD, just 25% of the $6.8m spent in this channel during the same time period of 2022.
- 2021-2022 spend: Full-year spend dropped by 51% from $19.7m in 2021 to $9.6m in 2022.
- Ad programming: It placed ads during programming such as Law & Order: Special Victims Unit, ER, The First 48, Law & Order, and Seinfeld.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Bowflex spent around $2.6m on digital display ads YTD, more than double the $1.2m spent in this channel during the same time period of 2022.
- YTD data: 384.2m impressions via Facebook (69%), Instagram (30%), YouTube (1%), and desktop display (1%).
- 2021-2022 spend: Full-year spend plummeted by 69% from $6.2m in 2021 to $1.9m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as facebook.com, instagram.com, youtube.com, yahoo.com, and espn.com.
Additional channel insights
- Vivvix: Bowflex also utilizes local broadcast.
- Top podcasts sponsored: The Joe Rogan Experience, Today, Explained, Monday Morning Podcast, The Dollop with Dave Anthony and Gareth Reynolds, and Louder with Crowder.
Agency analysis:
- Opportunity: Get in touch to see if Bowflex needs any more assistance.
- Current roster:
- COLLINS: creative
- ICR: PR
- TouchPoint Integrated Communications: media buying & planning