GOED reports positive outcomes from national advertising campaign
The recent 'Omega-3s: Always a Good Idea' national advertising campaign from the omega-3 coalition posted positive results, achieving its goal of a 3% improvement in year-on-year monthly unit sales in the food/drug/mass channel. The campaign actually yielded an increase of more than 5%, climbing from -7.68% to -2.55%.
The campaign also had a positive effect in the natural channel with a conservative estimate of a 0.7% increase. In this channel, retail activation made a difference and according to the coalition’s Market Research Committee, retail brands that used in-store signage fared best.
The increases were realised despite the fact that a negative New York Times article was published only a few weeks into the campaign and quickly spread to other national media outlets. In addition, several key products were discontinued during the campaign before replacements were available, impacting approximately 5% of units sold.
The coalition also completed a consumer survey, the results of which showed a conservative estimate of a 1-2% increase in omega-3 usage.
Finally, the coalition estimated where the market would have gone in a normal cycle without the effect of the campaign, using a regression model starting in December 2014. Comparing actual sales with the forecast indicates a possible sales increase of 7% as a result of the campaign.
It’s important to note, however, that the campaign did not fully return the market to growth. According to Adam Ismail, Executive Director of GOED and a member of the coalition Steering Committee: 'Simply put, the campaign was underfunded. To make an impression on consumers is extremely difficult in today’s media-saturated marketplace and with a budget of less than $5 million, it was hard to move the needle.'
'The national campaign served as a solid proof of concept that an industry led investment in building the category can be successful,' he continued, 'but one of the key takeaways was that the level of industry participation and scope of financial investment were factors that limited success. Having said that, we are happy with what was achieved and believe we did well with the budget we had.'
Now that the national advertising campaign is over, the coalition continues to work on PR initiatives that reinforce the science-supported benefits of omega-3s. A Science Advisory Council, comprising a team of cardiovascular experts, researchers and nutritionists, has been formed to complement the coalition’s efforts to educate consumers about the benefits, efficacy and safety of omega-3s. The Council has written an op-ed piece that has been submitted to a top tier publication and is preparing a white paper on the benefits of omega-3s and heart health.
Members of the Omega-3 Science Advisory Council include
In addition, Dariush Mozaffarian, MD, PhD, Dean of the Tufts University Friedman School of Nutrition Science and Policy and a board certified cardiologist and epidemiologist, will be serving as scientific consultant to the Omega-3 Coalition and GOED.