Edible's target demographic: Millennial & Gen-X women
Once it finds a new marketing VP, the company will likely:
- Review current agency roster
- Make adjustments to its marketing strategy
- Continue increasing ad spend
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Edible spent around $5.1m on national TV ads YTD.
- Last year: Full-year spend fell by 45% from $7.3m in 2020 to $4m in 2021.
- 2022 ad programming: It placed ads during programming such as USFL Football, The Golden Girls, NCIS, 90 Day Fiance, and The First 48.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Edible spent close to $4.7m on digital display ads YTD.
- YTD data: 586.7m impressions via Facebook (47%), Instagram (32%), desktop video (15%), desktop display (5%), and mobile video (1%).
- Last year: Full-year spend equaled $2.8m in 2020 and $3.1m in 2021.
- Ad location: It placed 97% of these ads directly onto sites such as facebook.com, instagram.com, youtube.com, aol.com, and yahoo.com. It placed 3% of these ads through multiple indirect channels onto sites such as yahoo.com, zillow.com, finance.yahoo.com, proboards.com, and astrology.com.
Additional channel insights
- Edible also utilizes OOH, print, radio, and local broadcast.
Agency analysis:
- Opportunity: Be prepared to reach out once Edible finds a new marketing leader.
- Current roster:
- The Tombras Group: creative & media AOR
- 9Rooftops: media buying & planning
Insight Sources: Broadcast insights estimated by Kantar.