Coca-Cola is looking to improve the effectiveness of its digital advertising after admitting consumers are growing ever more impatient and it is “missing a trick” when it comes to ad optimisation. Speaking at the Neuromarketing World Forum yesterday (30 March), Coca-Cola’s senior insights manager for Western Europe, Adam Palenicek, said the brand spends more than £300m every year on media in Western Europe alone, and tests in excess of 170 ads a year. Through testing the soft drinks brand found that 30% of its total advertising does not reach its “action standards”. It wants to reduce this figure. Palenicek claimed ad testing is often done “too late” in the creative process. With 83% of testing done on finished films, there’s no opportunity to develop the messaging or ideas further. Where Coca-Cola needs to upskill pretty quickly, is how we adapt our TV content for the digital sphere. “We are missing a trick in terms of ad optimisation opportunities, especially in the digital world. It’s becoming vital for us and we need to be more impactful than ever,” he said. To help it better understand what works, Coca-Cola partnered with Nielsen Consumer Neuroscience to analyse consumers’ non-conscious reactions to its ads, and measure whether its ads resonate and make an emotional connection. During the testing process, it found that shorter clips of people sipping Coca-Cola resonated more strongly with consumers. Clear shots of characters’ faces also drove emotional engagement, while darker shots disrupted emotion and increased attention. https://www.youtube.com/watch?v=wWBQP-bxfX0 Coca-Cola’s latest ‘Pool boy’ advert was tested using neuroscience to ensure it is as optimised as possible. Coca-Cola says it has a “strong” opening, engaging story line, minimal dark shots and the Coca-Cola bottles are featured in an “optimum” way. That said, Palenicek admitted to Marketing Week that Coca-Cola has more work to do when it comes to adjusting its TV content for digital, as the company is “not particularly doing that brilliantly at the moment”. He concluded: “Where Coca-Cola needs to upskill pretty quickly, is how we adapt our TV content for the digital sphere. We do need to do more optimisation in the digital space. We haven’t done that much, and at the moment we test our digital adverts via a more self-reported way, but [neuroscience is] something we’ll definitely be looking at.” Insight is one of the categories at Marketing Week’s Masters of Marketing awards, taking place in October. For more information on the awards including a full category list and how to enter, visit www.festivalofmarketing.com/awards
Soft drinks giant Coca-Cola is "missing a trick" when it comes to its digital advertising, given that 30% of its ads underperform, according to Adam Palenicek, senior insights manager for Western Europe. The company has been trying out different ways to boost the effectiveness of its ads, including using more sophisticated targeting techniques and increasing the number of people who see them. However, ad testing in conducted "too late" in the creation process, meaning that the firm often cannot refine its messaging or ideas, said Palenicek.