In the past, you could have over 90% ACV nationwide (for non-food folks, that’s grocery store penetration), and your product may sell $40 million nationwide, but that still doesn’t allow for anything approaching an adequate budget for traditional media on a national level. But there’s another way to approach it today, and we’ve seen the light bulb go on for several smaller CPG brand managers recently: “Maybe I can’t afford a ton of mass media, but a well-integrated social media campaign will really leverage my budget.”
Of course, every brand is different; some products by nature are better poised to spark a passionate following than others. But for many brands, fueled by solid strategy and creative, there is suddenly the real potential to stimulate trial, generate buzz, deliver effective promotions – and yes, over time, make a real impact on sales.
Consider the possibilities. There’s the online PR angle – pitching foodie or mommy bloggers or meet-up groups. There’s promotion – contests, coupons, and free samples sent as rewards. There can be easy integration with labeling, POS tools and other existing programs. And if you really strike a nerve, you can enjoy genuine viral success.
Who would have thought you could impact a national brand on a modest budget? Just a few years ago it may have been near impossible, but today it can be a realistic goal.
