This Super Bowl advertiser tells us why it is a 'no-brainer' to spend $5 ... - Business Insider
The website-building platform Wix has teamed up with DreamWorks to return to the Super Bowl for the second time.
This year’s ad will feature the characters from “Kung Fu Panda 3” as they try to get Mr. Ping’s noodle restaurant off the ground.
Relative to some of the other brands showcasing at the big game, Wix is not massive. It had 72 million registered users as of September 30 and reported revenue of $53.6 million in its latest quarter. There’s no doubt that a spend of about $5 million on just one ad is a bold investment for the company.
So, is it worthwhile, considering the vast amount of advertising competition from the likes of Budweiser and Doritos on game day?
We spoke with Wix’s chief marketing officer, Omer Shai, to find out: “It was an easy call,” he said. “The coverage that we got last year was amazing, so it was a no-brainer. I do not know of any other advertising method that can bring me 120 million viewers on one day.”
He revealed that the company used two measures to determine the efficacy of last year’s Super Bowl ad: “One of the ways we measured the last ad’s success was to assess to what extent people connected the brand with the message that we went with last year. That went well. And the second aspect was financial.”
Wix reported a 54% increase in revenue to $44.5 million in the three months that ended March 31, the quarter in which the Super Bowl was played last year. In that earnings release, Wix CEO and cofounder Avishai Abrahami said the company “benefited from increased exposure of our brand, growth in international markets, and ongoing efficiency of our marketing efforts.”
Shai told us last year that it was difficult to directly link the Super Bowl campaign to revenue growth but that it certainly helped, alongside product improvements, wider marketing activity, and an increase in conversions. He added that Wix’s digital marketing, social media, and public-relations efforts meant 300 million people across the world saw the campaign in some shape or form — in addition to the 114.5 million people or so who tuned in to watch the game live on NBC in the US.
Last year’s ad (watch above) featured retired NFL stars Brett Favre, Emmitt Smith, Terrell Owens, Larry Allen, and Franco Harris using Wix to build websites and new careers after football.
But this year, the creative vision is very different. They “Kung Fu Panda 3” characters will “embark on a series of ‘out of the box’ marketing activities but quickly realize that the key to success is to simply #StartStunning with a Wix website,” a press release said.
The Wix CMO explained that the change in creative direction this year corresponded to the development of the company. Last year the ad was focused simply on linking the brand name with website development, but this year the ad will present the more specific message that Wix websites are beautiful to look at.
Shai said: “The opportunity to work with Dreamworks was great. The ad will emphasize the stunningness that we want to associate with our websites.”
The CMO did also acknowledge his love of sport (he supports the Baltimore Ravens and Liverpool FC), which may be another reason for his love of Super Bowl advertising.
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Source: Google News Super Bowl Commercials