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CMO Laura Jones talks Instacart's journey to the Super Bowl
Business Insider
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yesterday
Laura Jones, Instacart's CMO, talks about the company's journey to advertising at the Super Bowl and how it drove growth for the brand.
Category
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Tech
Transcript
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00:00
So the CEO asked me, okay, what's the idea? How do I know it's going to be good? And I said,
00:04
you know what? If it's not good, you can fire me.
00:12
When I joined Instacart in 2021, we had a really strong lower funnel program and we were focused
00:17
on demand capture. We were just coming off the pandemic and there had been a ton of organic
00:22
demand, but we knew that it needed to really evolve into a full funnel as life returned to
00:28
normalcy. So we had to think about how do we not just capture demand, but generate it. And that
00:33
meant opening up new channels, everything from social to streaming to audio, and eventually all
00:39
the way to linear television. We also had to build out measurement for the full funnel and really look
00:45
at how could we move from channel level ROAS to portfolio level ROAS. After doing all this work,
00:52
it freed us up to start testing into new formats, including high reach linear television. We bought
00:58
the NFL the year prior, we bought the Olympics last summer, and we actually saw a top line lift
01:04
from the Olympics. And that led us to realize that we were ready for the biggest stage in marketing,
01:10
the Super Bowl. So from there, we took all of those learnings, we took those results, and we took that
01:15
business case to the CFO and the CEO so that we can make our Super Bowl debut in 2025. When I took this
01:22
business case to the CEO and the CFO of Instacart, they understood the business case because we had
01:29
great data points from the Olympics, we had great data from the previous NFL season, and we all agreed
01:34
that there could be a strong business rationale to go to the Super Bowl. But the big question was,
01:39
what's the idea? And you can't make a Super Bowl ad unless it's going to be a good one, because it's the
01:43
largest possible stage, 130 million Americans were going to be watching. So we knew if we went,
01:48
it had to be a great spot. I put my own personal brand on the line because I knew that our team was
01:54
ready. We had worked so hard. We had learned so much from the journey. And we wanted this opportunity
02:00
to really go to bat and show what we were capable of and drive huge results for the business. So
02:05
we said, you know what, we're going to make it great. And you can count on us and really put it all
02:10
on the line. I think what I underestimated at the time was actually what that meant in terms of the
02:16
level of pressure that we were then facing to go from a blank sheet of paper to a tight brief to
02:23
an iterative process of getting to an amazing idea. But we had all committed that we wouldn't stop
02:28
until it was a great ad. There were a lot of moments along the way when, you know, things looked like
02:35
they might fall apart or someone said no when we needed them to say yes. And we said, we're not going
02:39
to take no for an answer. We're going to will this into existence. And I really had to learn how to kind
02:44
of hold that anxiety, process it, not transfer it to the team, and just keep everyone focused on
02:50
making the best possible ad. And in the end, we all brought our A game. We brought our brand partners
02:55
along with us. We had nine different brands in our final Super Bowl spot and showed up for our debut
03:01
with our ad, We're Here. The results from the Super Bowl were better than we could have ever expected.
03:08
Not only did we see huge business impact, we also saw brand and revenue impact. So specifically,
03:13
we had a 72% increase in new to site user traffic following the Super Bowl. We also had a 14% year
03:22
rear sales lift from the Super Bowl. And in addition to that, we raised upper funnel metrics. The real
03:28
bonus was that in addition to all of that growth in brand lift, we also were able to generate revenue
03:34
from the project because we had brought so many brands into the ecosystem. And we have a full funnel
03:39
ads product within our app and off platform. So we're able to put together packages that our CPG
03:45
partners could buy into to support conversion of all the traffic that we generated. So it was really a
03:52
huge win for the business. I think for me, the other part that was really gratifying was the creative win.
03:58
Creative is definitely part of what I love most about this job. And not only were we the top ranked
04:05
first time advertiser in the USA Today ad meter, we're here at Cannes. And just yesterday, we found
04:10
out that we were shortlisted for the brand partnerships and activation category, which is a huge validation
04:16
to be recognized on this global scale as a North American brand. So we're incredibly proud of the work
04:21
and the impact it drove for the business.
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