Key recent hires:
- Josh Hardy joined the company as senior manager of media & partnerships in July 2022.
- Janice Haggerty joined the company as senior manager of media & demand generation in April 2022.
- Alex Kanaris joined as brand director in September 2022.
FanDuel's target demographic: Male Gen-Z & millennial sports fans
The company will likely:
- Continue increasing ad spend in 2023 (first Super Bowl ad)
- Experiment with new ad channels
- Seek additional agency assistance
Broadcast insights (TV ad creative spend, effectiveness, impressions, and performance)
- YTD spend: FanDuel spent nearly $122.5m on national TV ads YTD.
- Last year: Full-year spend jumped from $19.1m in 2020 to $61.4m in 2021.
- 2022 ad programming: It placed ads during programming such as NFL Football, NBA Basketball, FOX NFL Sunday, MLB Baseball, and College Football.
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: FanDuel spent approximately $41.9m on digital display ads YTD.
- YTD data: 4.8b impressions via desktop video (36%), Facebook (30%), Instagram (20%), desktop display (10%), and mobile display (4%).
- Last year: Full-year spend increased by 61% from $28.2m in 2020 to $41.5m in 2021.
- Ad location: It placed 93% of these ads directly onto sites such as youtube.com, facebook.com, instagram.com, theringer.com, and yahoo.com. It placed 7% of these ads through multiple indirect channels onto sites such yahoo.com, nfl.com, foxnews.com, nypost.com, and espn.com.
Additional channel insights:
- FanDuel also invests in OOH, radio, and local broadcast.
Agency analysis:
- Opportunity: You may be able to pick up digital, PR, social media, or experiential work from this company.
- Current roster:
- Wieden + Kennedy: creative AOR
- Ad Results Media: media AOR
- Mischief @ No Fixed Address: creative AOR (FanDuel Casino)
Insight Sources: Broadcast insights estimated by Kantar.