Affluent Gen-X Opps: Michael Saunders & Company names CMO amid spend increases (Score 50)

Sales lead: Reach out to offer ad space & agency assistance. 

  • Michael Saunders & Company (MSC) tapped Chanté Blough as CMO in August 2023.
  • She joins from Compass, where she served as head of operations.
  • Blough now leads all of MSC's marketing operations.

Target demographic: Gen-Xers seeking luxury property in Southwest FL

The company will likely:

  • Keep increasing digital spend
  • Diversify ad placement
  • Outsource some marketing duties to agency partners

Digital and social insights (digital ad spend, effectiveness, impressions, and performance)

  • YTD spend: MSC spent nearly $1.4m on digital display ads YTD, a significant increase from $557.4k spent in this channel during the same time period of 2022. 
  • YTD data: 30.8m impressions via desktop display (91%), mobile display (8%), and Facebook (1%). 
  • 2021-2022 spend: Full-year spend equaled $1.4m in 2021 and $1.3m in 2022.
  • Ad location: It placed 100% of these ads directly onto sites such as marketwatch.com, wsj.com, mansionglobal.com, facebook.com, and bradenton.com. 

Agency analysis:

  • Opportunity: Contact the new CMO now to secure top priority.
    • MSC does not currently work with any agencies to the best of my knowledge.

Insight Sources: Digital spend insights estimated by Pathmatics