Wine Retailer Automates Social and Search Advertising to Boost Growth
Melbourne, Australia, June 2– Vinomofo, an Australian-based online wine retailer that recently secured an injection of private equity funds, has announced its deployment of Kenshoo’s agile marketing technology to increase its global visibility as it prepares for international expansion.
The online wine retailer, formed in Adelaide, South Australia in 2011, recently raised A$25 million from Queensland-based Blue Sky Venture Capital to bolster rapid domestic growth and international expansion. The company’s membership-based community enables it to sell premium wine at a competitive price. Vinomofo boasts more than 400,000 members and more than 6.5 million bottles of wine sold.
Kip McMillan, Head of Marketing at Vinomofo said the company’s expansion outside of Australia played a big part in the desire to automate and optimise its digital marketing program, and prepare for launch in New Zealand, Singapore, UK, USA, Hong Kong and China.
Social advertising plays a large part in their growth strategy with the brand directing nearly a third of its digital marketing budget to social advertising, which includes Instagram, where Vinomofo is experimenting with different creative content. By leveraging Kenshoo, the wine retailer is also able to fix its cost per acquisition (CPA), for its Instagram ads, and be certain that it’s not over budget.”
“Social is our most important channel,” said McMillan. “Thirty to forty percent of our digital budget is allocated to the channel. We believe the right social advertising strategy will augment our brand messaging and performance, further promoting our ease of delivery, great service, and a money-back guarantee.”
“We are running all of our paid advertising through the Kenshoo platform,” McMillan said. “Buying wine is a highly subjective and personal experience and it’s important to deliver the right brand messaging at the right time and in the right place. Kenshoo helps us achieve that through optimising Social and Search advertising, making the creative relevant to the audience that we are targeting at any particular time across publishers.”
“We knew we wanted a bid management platform that could handle the increasing scale of our search and social advertising campaigns, including our Facebook and Instagram initiatives,” said McMillan. “We looked around the market and decided to implement Kenshoo Portfolio Optimisation technology, as we wanted to move away from a time-consuming manual process and adopt the latest in performance optimisation.”
McMillan added, “Kenshoo technology allows us to spread promotional messages in bulk format, consolidate our campaign performance via easy reporting, and also reach the right audience subsets and geographical locations. The technology will enable us to run a global scale campaign with ease.”
Vinomofo plans to undertake soft launches in its chosen new markets, in the form of “pop-up” digital wine sale events, thus making it important to experiment and be flexible with its digital marketing campaigns.
Vinomofo is an online wine store experience that is changing the wine world. More than just a wine store, Vinomofo is a movement. A tribe of vino-loving mofos – the drinkers and the makers – united by wine. Founded by André Eikmeier and Justin Dry in 2011 from an Adelaide garage, the startup has grown into a tribe of more than 400,000 mofos and employs 100+ people. Vinomofo is one of Australia’s fastest growing and most awarded companies in Australia. 2016 sees Vinomofo go global with the roll out into six new markets, including New Zealand, Singapore, Hong Kong, United Kingdom, United States of America and China.
For more information visit: www.vinomofo.com
Kenshoo is the global leader in agile marketing software. Brands, agencies and developers use the Kenshoo Infinity Suite to direct nearly $350 billion in annualized client sales revenue through search, social, mobile, and display advertising. Kenshoo is the only Facebook Marketing Partner with native API solutions for ads across Facebook, FBX, Twitter, Google, Yahoo, Yahoo Japan, Bing, and Baidu. Kenshoo powers digital marketing campaigns in more than 190 countries for nearly half of the Fortune 50 and all 10 top global ad agency networks. Kenshoo clients include CareerBuilder, Expedia, Facebook, Havas Media, Horizon Media, John Lewis, Resolution Media, Sears, Starcom MediaVest Group, Tesco, Travelocity, Walgreens and Zappos. Kenshoo has 27 international locations and is backed by Sequoia Capital, Arts Alliance, Tenaya Capital, and Bain Capital Ventures. Please visit www.Kenshoo.com for more information.
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