NRMA’s data crunching suggested the brand would get more bang for buck by putting some of its sports marketing budget into entertainment. So it pulled out of The Broncos, unwound its Collingwood sponsorship and, flipping from a local club to national strategy, “made the biggest bet we’ve ever made on Cricket Australia,” per IAG Acting CMO, Zara Curtis. She recycled the remainder into cinema, last year “owning the top ten films” via Val Morgan category exclusivity, and using cinema first on the plan to launch longer-form versions of its ads, before pushing out shorter cuts to TV. Wise move, says Matt Sandwell at research firm The Owl Insights, because in a fragmented media landscape, “water cooler moments” are rare beasts. Per the firm’s research, sport is still the number one cultural connector and memory encoder. But it’s expensive and crowded. Cinema is number two – and can deliver better bang for buck. Esports, he says, are another cost-effective bet, along with live theatre, but don’t deliver at scale. Curtis says NRMA’s tracking proved the theory: “We saw 50 per cent more efficiency in driving a brand uplift across recognition and brand cut through recognition tracking at 55 per cent, branding at 84 per cent, and cut through at 46 per cent.”
