600% growth in two years. That's more than a blip.
With Dinosaur's extensive heritage in food, FMCG, health and fitness marketing, we've been looking at what this trend means for brands and how you can profit from it.
7. Veganuary’s 2018 ad spend of £82,000 yielded 162,000
signups
That gives an astonishingly low Cost Per Conversion
(CPC): around 50p
This is not a saturated market
And the market is underserved
16. Making veganism aspirational
1. Desirable and attractive presentation
2. Health and psychological benefits
3. An army of image conscious fans and
high-status role-models
4. Support for beginners
5. Reduced buy-in commitment
18. Don’t be like Marks & Spencer
‘Greenwashing’
or a poorly thought-
out approach will be
very publicly ridiculed
by a sophisticated,
PR-savvy audience
19. Be like Pret a Manger
• Inclusive approach
• Crowdsourced ideas
• Field-tested product
development via
‘pop-ups’
• 15% YoY growth
21. And ensure your social game is on point
“Call it Gary or something,
just don’t call it cheese
because it’s not cheese!”
Sainsbury’s nimble social
team rebranded its vegan
‘cheese’ as ‘Gary’ after a
customer’s Facebook rant
went viral. People loved it.
22. How to respond
Understand what delights and enrages your audience.
They’re media savvy and not afraid to take on big brands.
1. Field-test your proposition and messaging
2. Be socially focused.
3. Be inclusive. For every vegan there are four flexitarians
4. Don’t greenwash or espouse a brand-purpose that isn’t
100% genuine
23. But, do respond
Get it right and the opportunity is there to grab a
slice of a highly desirable and rapidly growing new
market segment.
This is a great chance to grow your brand,
so lay your plans with care and go for it.
24. Dinosaur is an independent creative communications agency.
We pride ourselves on making emotional connections with
cut-through campaigns based on genuine insight.
We know this is only possible because of the relationships we
have with our clients. For 21 years, we’ve been building honest,
long-standing partnerships with national brands including
Co-op, Adidas, Wagamama, The Gym and Brother.