Media Spend Estimate Sources: (c) Winmo, LLC, 2024. Used under license.
Male Gen-Z, Millennial Media Opps: Popeyes adds wings to menu amid digital spend increases (Score 93)
Sales lead: Reach out now to help Popeyes promote its new offering.
- Popeyes just permanently added wings to its menu after a successful test run.
- The wings retail at $5.99 for a 6-piece and come in Honey BBQ, Roasted Garlic Parmesan, Signature Hot, Ghost Pepper, and Sweet 'N Spicy.
- DMs believe adding wings will help separate itself from its competitors.
- Popeyes launched a campaign to advertise the wings with a new tagline, "We don't make sense, we make chicken."
Popeye's target demographic: Gen-Z & millennials with a male skew
The company will likely:
- Ramp up ad spend to promote the wings
- Continue adding new products
- Make additional agency changes (hired McKinney in April)
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Popeyes spent around $92m on national TV ads YTD, a slight (4%) decrease from $95.5m spent in this channel during the same time period of 2022.
- 2021-2022 spend: Full-year spend dropped slightly (3%) from $105m in 2021 to $101.6m in 2022.
- Ad programming: It placed ads during programming such as NFL Football, NBA Basketball, College Football, SportsCenter, and Friends.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Popeyes spent nearly $18.7m on digital display ads YTD, a 13% increase from $16.6m spent in this channel during the same time period of 2022.
- YTD data: 2.3b impressions via Facebook (34%), YouTube (33%), Instagram (30%), Twitter (2%), and desktop video (1%).
- 2021-2022 spend: Full-year spend fell by 26% from $21.1m in 2021 to $15.6m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as instagram.com, youtube.com, facebook.com, twitter.com, and draftkings.com.
Additional channel insights
- Popeyes also invests in OOH, radio, and local broadcast.
- Top podcasts sponsored: Stuff You Should Know, The Dan Le Batard Show with Stugotz, Conan O'Brien Needs A Friend, Cold Case Files, and The Dan Patrick Show.
Agency analysis:
- Opportunity: Popeyes picked up McKinney earlier this year, so reach out to see if it plans on reviewing any other accounts.
- Current roster:
- PHD USA: media buying & planning
- Alison Brod Public Relations: PR AOR
- McKinney: creative AOR
- City Eventions: experiential