July 4th Holiday 2015
Transcription
July 4th Holiday 2015
July 4th Holiday 2015: A review of the product promotion and brand activity leading up to the holiday © 2015 Market Track. Private and Confidential 1 Overview Market Track 360 Series – July 4th, 2015 Opt-in Email Social Media Radio TV (Net/Spot, Cable, Syndicated) Online Display Online Video Cinema 360o view of what impacted the July 4th, 2015 shopper Outdoor Mobile FSI/Direct Mail Online Websites Ecommerce Trades Magazines © 2015 Market Track. Private and Confidential Circulars/ ROP Market Track reviews the omni-channel product promotion and brand activity leading up to July 4th, 2015 with a focus on Beer, Grilling Proteins, and Carbonated Soft Drinks category promotions during the two weeks prior to the holiday. 2 Market Track’s 360 Series recaps key calendar events throughout the year to understand how retailers and brands engaged with consumers to win their business. 2 Key Takeaways 9% decrease in grocery circular volume Grocers decreased the number of circulars published in the two weeks leading up to July 4th by 9% year over year. Page counts remained relatively flat versus 2014, only decreasing by 2%. The change was driven by the few, not the many, however. The majority of Grocers published the same number of circulars as they did in 2014. Private Label’s share of circular decreases The grocery channel decreased its support of Private Label slightly from July 4th, 2014 to 2015. Private Label brands accounted for 18.8% of circular food promotions last year, and 17.9% this year. There is opportunity for national brands to take advantage of the ad space grocers are taking from Private Label brands. Walmart shifted circular volume and messaging year over year The mass merchant published three circulars in 2014 compared to one in 2015, and featured 30 ad blocks on their two food/drink circular front pages in 2014, compared to only one large ad block in 2015. Their July 4th circular front cover qualitatively looked more like a catalog than a circular. Drug channel decreased opt-in email volume by 21% All three Drug retailers—CVS, Rite-Aid, and Walgreens—decreased the number of promotional emails sent to July 4th shoppers this year. Walgreens sent more unique emails (12) than either CVS (7) or Rite-Aid (4) in the two weeks leading up to the summer holiday. © 2015 Market Track. Private and Confidential 3 Omni-channel Engagement CPG engagement in broadcast, digital, and print media © 2015 Market Track. Private and Confidential 4 Bud & Burgers Campaign On July 11th, Budweiser will host the Bud & Burgers Championship Festival in St. Louis. The festival will determine the best amateur burger in the country out of ten amateur chef burger entrants. Rather than advertising for the July 4th event specifically, Budweiser has engaged consumers with a fun summer competition with the Bud & Burgers campaign, and has reinforced their event messaging across all media types since April. Budweiser, TV (15 sec) First Run: 4/28/2015 Last Run: 7/4/2015 Occurrences: 923 Ad Title: A Bud and a Burger. Budweiser, Online Video (30 sec) First Observed: 5/2/2015 Last Observed: 6/26/2015 Ad Title: A Bud and a Burger. Budweiser, Online Display - JPEG First Observed: 5/7/2015 Last Observed: 7/4/2015 Theme: This Bud’s for you. Budweiser, Outdoor - Bulletin First Observed: 5/15/2015 Market: St. Louis Ad Title: This Bud’s for you. © 2015 Market Track. Private and Confidential Budweiser, Mobile First Observed: 5/10/2015 Last Observed: 7/2/2015 Ad Message: Bud & Burgers Championship Budweiser, Online Display-JPG First Observed: 5/20/2015 Last Observed: 7/4/2015 Theme: This Bud’s for you. Budweiser, Print-Full Page Ad Date: 7/1/2015 Magazine: Esquire Budweiser, Social (Facebook) Ad Date: 7/1/2015 Ad Message: #BudAndBurgers Final Showdown Source: Competitrack Data 5 Print Advertising Market Presence Identifying Shifts in Circular Advertising © 2015 Market Track. Private and Confidential 6 Market Presence (Print Circular) Grocery Channel, July 4th 2013 vs. 2014 8 Grocery Print Volume Highlights # of Circulars 7 6 5 Circular volume decreased year over year leading up to July 4th, 2015. Grocers published 9% fewer circulars, and 2% fewer circular pages. 4 3 2 1 0 July 4th 2014 (Weeks Starting 6/22 & 6/29) July 4th 2015 (Weeks Starting 6/21 & 6/28) • Food Lion was the only grocer in this review to increase their circular count year over year 60 # of Circular Pages • Publix published fewer circulars this year (6) versus last (8), yet increased their total pages by 8% 50 • Tom Thumb saw the largest percentage decrease (-33%) in circular pages published among the grocers in this review 40 30 20 • The majority of grocers (12 of 17) published the same number of print circulars this year as last year 10 0 July 4th 2014 (Weeks Starting 6/22 & 6/29) © 2015 Market Track. Private and Confidential July 4th 2015 (Weeks Starting 6/21 & 6/28) 7 Source: Market Track FeatureVision® Data Market Presence (Print Circular) Drug & Mass Channels, July 4th 2013 vs. 2014 3 Drug/Mass Print Volume Highlights 2 Circular volume decreased year over year leading up to July 4th, 2015. Drug/Mass stores published two fewer circulars, and 18 fewer circular pages. 1 0 CVS Rite Aid Walgreens July 4th 2014 (Weeks Starting 6/22 & 6/29) Kmart Target Walmart July 4th 2015 (Weeks Starting 6/21 & 6/28) 60 • Walmart drove the decrease in both circulars and pages. They published only one circular this year versus three in 2014, and dropped their total circular pages by 10. • Drug stores volume strategy remained the same year over year. All three published the same number of circulars and pages. 50 40 30 • Kmart decreased their circular density during July 4th, publishing 12 fewer pages in the same number of circulars. 20 10 0 CVS Rite Aid Walgreens July 4th 2014 (Weeks Starting 6/22 & 6/29) © 2015 Market Track. Private and Confidential Kmart Target Walmart July 4th 2015 (Weeks Starting 6/21 & 6/28) 8 Source: Market Track FeatureVision® Data Private Label Presence (All Categories) Grocery Channel, July 4th 2013 vs. 2014 Private Label Share of Food Promotions Private Label Share Decreases HEB Kroger Private Label share of total promoted food products in the grocery channel dropped from 18.8% to 17.9%, on average. Food Lion Stop & Shop Publix • Despite decreasing their circular support of Private Label year over year, HEB still led all grocers with over 37% of food promotions allocated to Private Label. Giant - Landover Giant - Carlisle Pathmark Weis • Safeway decreased their circular support of Private Label more than any other grocer, dropping from 21.4% share to 13.6% year over year during July 4th. Tom Thumb A&P Acme Bi Lo Safeway Shoprite Jewel-Osco Albertsons 0% 10% 20% 30% 40% 50% July 4th 2015 (Weeks Starting 6/21 & 6/28) July 4th 2014 and (Weeks Starting 6/22 & 6/29) © 2015 Market Track. Private Confidential 9 Source: Market Track FeatureVision® Data Feature Page Messaging & Trip Drivers Grocery, Drug, & Mass Channels © 2015 Market Track. Private and Confidential 10 Walmart’s circular evolution apparent during July 4th Walmart’s evolving circular strategy was evident during July 4th. They replaced a dense front page filled with product promotions with an event-focused front page with hot dog meal ideas. July 4th, 2014 • • • © 2015 Market Track. Private and Confidential 30 ad blocks Two food-focused circulars (6/25, 6/29), three total Multiple departments promoted July 4th, 2015 • • • One large ad block One circular (6/26) One department promoted 11 Source: Market Track FeatureVision® Data Tom Thumb hits on more shopper trip drivers in July 4th circular Tom Thumb advertised seven of the top 15 July 4th trip drivers on their circular front page this year. Inmarket competitor HEB only featured five, focusing more on produce. HEB Dallas, TX 7/1/2015 X X Which products would you consider purchasing if they were on sale for July 4th? Tom Thumb Dallas, TX 7/1/2015 Ketchup/BBQ Sauce/Relish X Hot Dogs Beer X Mustard/Mayonnaise Charcoal X Soda Bottled Water X X Hot Sauce/Other Sauce Lighters/Matches Disposable Paper/Plastic Products Deli Salads X Beef Ground Beef X Chicken X X X Salad Dressing © 2015 Market Track. Private and Confidential 12 Source: Market Track Shopper Insight Series 2015 Survey July 4th themes limited in Drug circulars, yet Trip Drivers promoted on front page CVS Circular Theme (Reference to holiday) Front Page Category Focus Featured Deal (Front Page) Online Availability Advertised? "Celebrate & Save!" Personal Care 4/$12 12-pack soda $0.75 2-liter soda Digital circular reference (cvs.com/myweeklyad) © 2015 Market Track. Private and Confidential Rite Aid Walgreens Circular Theme (Reference to holiday) "BOGO Sale!" Circular Theme (Reference to holiday) Front Page Category Focus Food & Drink Front Page Category Focus Featured Deal (Front Page) Online Availability Advertised? BOGO laundry detergent Featured Deal BOGO sunscreen (Front Page) Loyalty messaging only (plenti.com) Online Availability Advertised? "Open July 4th" Food & Drink 2/$1 candy No 13 Source: Market Track FeatureVision® Data Drinks and Grilling Proteins Identifying opportunity areas for grocers promoting Trip Drivers © 2015 Market Track. Private and Confidential 14 A&P and Pathmark have opportunity to reallocate Trip Driver ad support next year Soda Share of Food/Drink Promotions ShopRite 7.2% HEB 6.4% Kroger 4.7% Albertsons 4.4% Tom Thumb 4.0% Publix 3.7% Average (17 Grocers) 3.5% Food Lion 3.1% Safeway 3.1% Jewel-Osco 3.0% Bi-Lo 2.9% Giant - Landover 2.2% Pathmark 2.0% A&P 2.0% Weis 2.0% Stop & Shop 1.9% Giant - Carlisle Over-indexed, opportunity to allocate more to other trip drivers 5.4% Acme Bottled Water Share of Food/Drink Promotions 1.5% © 2015 Market Track. Private and Confidential Both A&P and Pathmark allocated over 5% of their July 4th circular food/drink promotions to bottled water. They have an opportunity to provide more support to other trip drivers like soda, in which they were under-indexed relative to other grocers. Under-indexed in top trip driver category Pathmark 5.3% A&P 5.3% Jewel-Osco 2.8% Food Lion 2.6% Stop & Shop 2.5% Tom Thumb 2.5% Average (17 Grocers) 2.4% Kroger 2.4% ShopRite 2.1% Acme 2.0% Safeway 2.0% Giant - Carlisle 2.0% Bi-Lo 1.4% Albertsons 1.4% Publix 1.4% Weis 1.3% Giant - Landover 1.3% 15 Source: Market Track Data HEB led grocers in circular support of beef and chicken, both July 4th Trip Drivers Beef Share of Food/Drink Promotions HEB 4.1% Albertsons 3.6% Stop & Shop 3.5% Giant - Landover 3.5% Safeway 3.1% Giant - Carlisle 3.1% Tom Thumb 3.1% Weis 2.7% Publix 2.6% Kroger 2.4% Average (17 Grocers) 2.4% Jewel-Osco 1.9% Food Lion 1.8% Pathmark 1.2% A&P 1.2% Acme ShopRite Bi-Lo HEB 7/1 Front Page 1.1% 0.7% 0.4% © 2015 Market Track. Private and Confidential Chicken Share of Food/Drink Promotions HEB Grilling proteins were focus categories for HEB leading up to July 4th. They allocated a larger share of their food/drink promotions to beef and chicken than other grocers. Pathmark 2.5% A&P 2.5% Weis 2.4% Giant - Carlisle 2.0% Safeway 1.8% Kroger 1.8% Average (17 Grocers) 1.7% Jewel-Osco 1.6% Stop & Shop 1.6% Giant - Landover 1.6% Albertsons 1.6% ShopRite 1.5% Tom Thumb Both ShopRite and Bi-Lo were severely underindexed in beef promotions; opportunity area for July 4th, 2016. 2.7% 1.3% Acme 1.1% Bi-Lo 1.1% Publix 0.9% Food Lion 0.8% 16 Source: Market Track Data Please contact your Market Track account team, or [email protected] with questions. Thank You! © 2015 Market Track. Private and Confidential 17