Insight Sources: Broadcast insights estimated by iSpot; digital spend insights estimated by Pathmatics; additional channel insights estimated by Vivvix; podcast data estimated by Podchaser.
Toyota announces NFL sponsorship amid search for new marketing head (Score 35)
Sales lead: Get in touch now to help Toyota promote its new sponsorship deal.
- Toyota just entered a four-year deal to become the Official Automotive Partner of the NFL.
- The automaker will utilize the NFL's platforms to increase brand awareness & customer loyalty.
- Toyota and the NFL will also collaborate on promoting diversity and inclusion.
In other news:
- Toyota's top marketer, Lisa Materazzo, departed in September 2023.
- She is now the CMO of Ford.
- We will be sure to update you as soon as a replacement is announced.
Target demographic: Male millennials & Gen-Xers
The company will likely:
- Ramp ad spend back up
- Advertise heavily during NFL games and events
- Review the agency roster once it hires a new marketing DM
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: Toyota spent around $136.1m on national TV ads YTD, just 40% of the $337m spent in this channel during the same time period of 2022.
- 2021-2022 spend: Full-year spend increased by 34% from $311.5m in 2021 to $416.7m in 2022.
- Ad programming: It placed ads during programming such as NFL Football, NBA Basketball, MLB Baseball, NASCAR Cup Series, and 2023 NFL Draft.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: Toyota spent nearly $63m on digital display ads YTD, a slight (6%) decrease from $66.7m spent in this channel during the same time period of 2022.
- YTD data: 7.8b impressions via Facebook (30%), Instagram (25%), YouTube (23%), desktop display (12%), desktop video (6%), and mobile display (4%).
- 2021-2022 spend: Full-year spend equaled $83m in 2021 and $84m in 2022.
- Ad location: It placed 94% of these ads directly onto sites such as facebook.com, instagram.com, youtube.com, espn.com, and twitch.tv. It placed 6% of these ads through multiple indirect channels onto sites such as football.fantasysports.yahoo.com, thepioneerwoman.com, sports.yahoo.com, cargurus.com, and yahoo.com.
Additional channel insights
- Vivvix: Toyota also invests in radio, OOH, print, and local broadcast.
- Top podcasts sponsored: The Herd with Colin Cowherd, Stuff You Should Know, The Bobby Bones Show, The Glenn Beck Program, and The Joe Rogan Experience.
Agency analysis:
- Opportunity: Be prepared to reach out as soon as Toyota hires a new marketing leader.
- Current roster:
- Saatchi & Saatchi Los Angeles: creative, media, digital, & multicultural AOR
- Zenith Media: media buying AOR