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Great media strategy drives FMCG new product launch success TVNZ AdEffect Series

Great media strategy drives FMCG new product launch success

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Page 1: Great media strategy drives FMCG new product launch success

Great media strategy drives FMCG new product launch success

TVNZ AdEffect Series

Page 2: Great media strategy drives FMCG new product launch success

In our research we assessed the:

> effectiveness of the media mix> impact on campaign objectives> impact of using multiple channels> effectiveness of the creative execution.

This was an FMCG new product launch to a mass audience using a multi-media campaign that ran for four months.

Research designOne of 8 case studies

20 minute online survey

Mobile friendly scripting(51% completing on mobile devices)

Proprietary AdEffect and AdEval methodologiesTo measure the campaign’s media mix and creative effectiveness

TVNZ | FMCG Product Launch Page 2

Page 3: Great media strategy drives FMCG new product launch success

What we did

1003Online

interviews

Ages

18–54

Data collected over two weeks during

Sept Oct

TV

Media reviewed

Who we surveyed

Online Video RadioSocial MediaOnline Display OOH

TVNZ | FMCG Product Launch Page 3

Page 4: Great media strategy drives FMCG new product launch success

How effective was the media mix?

Page 5: Great media strategy drives FMCG new product launch success

The media mix achieved overall campaign recognition of

50%

Automotive

50%

Financial services

52%

Consumer electronics

53%

FMCG

56%

Not beersies

61%

FMCG product launch

78%

QSR

OR 1.5mNZers aged 18-54 years

In comparison to other TVNZ case studies1

1: Sample size n = 1003

71%

Retail

TVNZ | FMCG Product Launch Page 5

Page 6: Great media strategy drives FMCG new product launch success

Video delivered the bulk of awarenessPrompted recognition of campaign by channel (% NZers 18-54)1

45%Video 28%

Radio

15%OnlineDisplay

15%Social

1: Sample size n = 1003

11%OOH

TVNZ | FMCG Product Launch Page 6

Page 7: Great media strategy drives FMCG new product launch success

1: Sample size n = 1003

Video delivered the bulk of awarenessPrompted recognition of campaign by channel (% NZers 18-54)1

45%Video 28%

Radio

11%OOH

15%OnlineDisplay

15%Social

TVNZ | FMCG Product Launch Page 7

Video recognised by channel1

With TVNZ OnDemand playing a significant supporting role

73%

28%

11%

10%

Broadcast TV

TVNZ OnDemand

YouTube

Facebook Video

Page 8: Great media strategy drives FMCG new product launch success

TVNZ OnDemand added incremental reach to broadcast TVMarginal reach in campaign recognition delivered by each channel (%NZers 18-54)1

1: Sample size n = 1003

34% +2%+7.7%+1.5%

43.7%41.7% 45.2% 45.2%

TVNZ OnDemand

Broadcast TV

YouTube Facebook Video

Total video recognition

+ + + =

TVNZ | FMCG Product Launch Page 8

Page 9: Great media strategy drives FMCG new product launch success

Well-planned media allowed online video to deliver consistent video awareness across all age groupsVideo recognition by age group (% NZers 18-54)

6%

39%

46%

50-54 years

9%

37%

46%

40-49 years

43%

10%

33%

30-39 years

46%

16%

30%

18-29 years

TVNZ | FMCG Product Launch Page 9

Online Video

TV

Page 10: Great media strategy drives FMCG new product launch success

TVNZ OnDemand is also an efficient channel to deliver reach in a brand safe, premium environmentComparison of channel’s share of awareness to its budget allocation (% channel awareness)1

1: Sample size n = 1003

59%41%

80%

TVNZ OnDemand

20%

TVNZ | FMCG Product Launch Page 10

YouTube

Share of awareness

Share of spend

Page 11: Great media strategy drives FMCG new product launch success

TV clearly achieved the highest level of awareness...

Reach of awareness

Med

ia c

ost

$400k

$350k

$300k

$250k

$200k

$150k

$100k

$50k

010%

TV

Online Video

OnlineDisplay

OOH

Radio

Print

Social

20% 30% 40% 50% 60%

Relationship between media cost and reach of awareness

TVNZ | FMCG Product Launch Page 11

Page 12: Great media strategy drives FMCG new product launch success

...as we’ve seen in all 7 case studies

Reach of awareness

Med

ia c

ost

$400k

$350k

$300k

$250k

$200k

$150k

$100k

$50k

010%

TV

OOH

Radio

Print

Social

20% 30% 40% 50% 60%

Relationship between media cost and reach of awareness (Summary of seven case studies*)

*Excludes “Not Beersies”

Online Video

OnlineDisplay

TVNZ | FMCG Product Launch Page 12

Page 13: Great media strategy drives FMCG new product launch success

Even when we add in all media, no other channel could deliver the awareness and efficiency that TV delivered

Reach of awareness

Med

ia c

ost

$400k

$350k

$300k

$250k

$200k

$150k

$100k

$50k

010%

TV

OOH

Radio

Print

Social

20% 30% 40% 50% 60%

*Excludes “Not Beersies”

Relationship between media cost and reach of awareness (Summary of seven case studies*)

Online Video

OnlineDisplay

TVNZ | FMCG Product Launch Page 13

Page 14: Great media strategy drives FMCG new product launch success

Reach of awareness

Med

ia c

ost

$400k

$350k

$300k

$250k

$200k

$150k

$100k

$50k

010%

TV

OOH

Radio

Print

Social

20% 30% 40% 50% 60%

*Excludes “Not Beersies”

Even when we add in all media, no other channel could deliver the awareness and efficiency that TV deliveredRelationship between media cost and reach of awareness (Summary of seven case studies*)

Online Video

OnlineDisplay

TVNZ | FMCG Product Launch Page 14

TV should be an essential part of any campaign requiring

mass reach

Page 15: Great media strategy drives FMCG new product launch success

Impact on campaign objectives

Page 16: Great media strategy drives FMCG new product launch success

TV was most effective at driving general brand measures, while online channels were effective at driving specific actions

Average impact of channels on KPIs (Indexed)1Generic classification of campaign KPI targets

1: Sample size n = 1003

TV Radio Online Video Display/social OOH

Specific actions e.g. Visit store, search online 144 149 235 269 106

Targeted brand perceptionse.g. Product is available, brand is easy to deal with

118 107 137 139 108

General brand measures e.g. Awareness, consideration, preference

133 107 121 113 108

TVNZ | FMCG Product Launch Page 16

Page 17: Great media strategy drives FMCG new product launch success

TV was most effective at driving general brand measures, while online channels were effective at driving specific actions

Average impact of channels on KPIs (Indexed)1

1: Sample size n = 1003

TV Radio Online Video Display/social OOH

Specific actions e.g. Visit store, search online 144 149 235 269 106

Targeted brand perceptionse.g. Product is available, brand is easy to deal with

118 107 137 139 108

General brand measures e.g. Awareness, consideration, preference

133 107 121 113 108

Generic classification of campaign KPI targets

TVNZ | FMCG Product Launch Page 17

e.g. For those highly exposed to TV advertising, performance on the Specific actions KPI’s were 44% higher than the control group.

Page 18: Great media strategy drives FMCG new product launch success

When we look at online video, TVNZ OnDemand’s performance highlights the importance of viewing context to advertising impact

1: Sample size n = 1003

Total Online Video TVNZ OnDemand YouTube

Specific actions e.g. Visit store, search online 235 454 311

Targeted brand perceptionse.g. Product is available, brand is easy to deal with

137 126 142General brand measures e.g. Awareness, consideration, preference

121 139 126

Average impact of channels on KPIs (Indexed)1Generic classification of campaign KPI targets

TVNZ | FMCG Product Launch Page 18

Page 19: Great media strategy drives FMCG new product launch success

Impact of multiple channels

Page 20: Great media strategy drives FMCG new product launch success

We know that awareness across multiple channels delivers improved performance, providing opportunities for advertisers to layer messages across different channelsMultiple channel awareness among people aware of the campaign1

Challenge – Getting people that will only see one channel to think differently and/or initiate desired behaviour.

Challenge – Leveraging frequency to tell a story across channels, rather than duplicate the message across each.

48%recognise content from

just a single channel

52%recognise content from

multiple channels

1: Sample size n = 1003

TVNZ | FMCG Product Launch Page 20

Page 21: Great media strategy drives FMCG new product launch success

As we’ve seen in previous studies, TV plays an essential role in working with other channels to achieve strong resultsImpact of exposure on usage (Index, 18-54)

334

100

283

100106

297

176158

228

111100 100

TVNZ | FMCG Product Launch Page 21

Online Video Online DisplayOOHRadio

High TV Low radio

High TV Low OOH

High TV Low Display

High TV Low Online

Video

Low TV High radio

Low TV High OOH

Low TV High Display

Low TV High Online

Video

High TV High radio

High TV High OOH

High TV High Display

High TV High Online

Video

Page 22: Great media strategy drives FMCG new product launch success

TVNZ OnDemand was also an effective media amplifier, working particularly well with traditional channels and online display to drive usage

Impact of exposure on usage (Index, 18-54)

Product awareness Product usage

137

289

100

194

144

277

155

226

107

147133

101128 121118

87108

139

Online Display Online DisplayRadio RadioTV TV

High OnDemand Low radio

High OnDemand Low radio

High OnDemand Low TV

High OnDemand Low TV

High OnDemand Low Display

High OnDemand Low Display

Low OnDemand High radio

Low OnDemand High radio

Low OnDemand High TV

Low OnDemand High TV

Low OnDemand High Display

Low OnDemand High Display

High OnDemand High radio

High OnDemand High radio

High OnDemand High TV

High OnDemand High TV

High OnDemand High Display

High OnDemand High Display

TVNZ | FMCG Product Launch Page 22

Page 23: Great media strategy drives FMCG new product launch success

Key insights

The campaign achieved fantastic reach, with 61% or 1.5 million NZers aged 18-54 aware of the campaign.

Video was clearly the lead medium of the campaign with an effective combination of traditional TV and online video channels allowing the campaign to achieve consistent video awareness across all age groups.

TVNZ OnDemand was the most effective online video channel at extending the reach of TV, providing an additional 8% incremental awareness over and above TV and doing so more cost effectively than YouTube.

TV was most effective at driving general brand measures and forming a strong campaign base. TVNZ OnDemand also played an effective role as a media amplifier, working particularly well to drive usage.

1

2

3

4

TVNZ | FMCG Product Launch Page 23

Page 24: Great media strategy drives FMCG new product launch success

Thank You