Gen-Z, Millennial Opps: MeUndies appoints CRO following CMO departure (Score 56)

Sales lead: Get in touch now to offer ad space & agency services. 

  • MeUndies hired Ariel Stoddard as CRO in December 2023 (**we are still confirming Stoddard's email at the time of publication, but will update as we learn more**).
  • Stoddard joins from Fabletics where she served as marketing SVP before being promoted to GM in 2022.
  • In her new role, Stoddard is responsible for the customer experience and performance marketing teams. 
  • This follows former CMO Elizabeth Krause's departure in September. 
  • As part of this transition, CEO Jonathan Shokrian is taking over brand management and creative. 

Target demographic: Millennials & Gen-Zers

The company will likely:

  • Continue ramping up digital spend
  • Diversify digital ad placement
  • Review agency roster/seek additional assistance

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

  • YTD spend: MeUndies spent nearly $31.8m on digital display ads YTD, more than double the $13.9m spent in this channel during the same time period of 2022. 
  • YTD data: 4.7b impressions via Facebook (54%), Instagram (42%), and YouTube (4%). 
  • 2021-2022 spend: Full-year spend fell by 10% from $16.4m in 2021 to $14.7m in 2022. 
  • Ad location: It placed 100% of these ads directly onto facebook.com, instagram.com, and youtube.com. 

Additional channel insights  

  •  MeUndies also utilizes OOH.
  • Top podcasts sponsored: The Daily, Morbid, The Way I Heard It with Mike Rowe, Armchair Expert with Dax Shepard, and Monday Morning Podcast. 

Agency analysis:

  • Opportunity: The recent DM shift may lead to agency reviews, so reach out now to be top-of-mind. 
  • Current roster:

Media Spend Estimate Sources: (c) Winmo, LLC, 2024. Used under license.