Media Spend Estimate Sources: (c) Winmo, LLC, 2024. Used under license.
Inspire Brands names CBO of all brands (Score 50)
Sales lead: This promotion will affect the company's marketing strategy & agency roster.
- Inspire Brands (IB) promoted Scott Murphy to chief brand officer in November.
- Murphy spent the past several years as beverage & snacking head and president of Dunkin'.
- The brand presidents of Arby's, Buffalo Wild Wings, Dunkin’, Jimmy John's, Sonic, and Baskin-Robbins will all report to Murphy.
- This is part of IB's broader corporate restructuring which divided the company between brands, commercial, and company restaurants.
**We are still working to confirm Murphy's email address, so please reach out to IB's other DMs for the time being.**
Target demographic: Millennials & Gen-Zers
The company will likely:
- Shift ad dollars around
- Experiment with different marketing strategies
- Consolidate agency relationships
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- Please click here to view our national TV spend chart for IB.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: IB spent about $157.4m on digital display ads YTD, down 10% from $174.6m spent in this channel during the same time period of 2022.
- YTD data: 19b impressions via Facebook (45%), YouTube (27%), Instagram (21%), desktop video (5%), desktop display (1%), and mobile display (1%).
- 2021-2022 spend: Full-year spend fell 25% from $245m in 2021 to $182.6m in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as facebook.com, youtube.com, instagram.com, twitch.tv, and espn.com.
Additional channel insights
- IB also invests in radio, OOH, print, and local broadcast.
- Top podcasts sponsored: Faith Adjacent and CNBC's "Last Call,"
Agency analysis:
- Opportunity: Contact the new CBO now to be top-of-mind.
- Current roster:
- Zenith Media: media AOR
- MSLGroup: PR AOR