N E W B U S I N E S S P I T C H B R I E F
F E B R U A R Y 2 0 1 8
T H E D A T A
“Across all of our business units, we routinely conduct
evaluations to ensure we have the right strategic and
executional partners. At this time, we’ve decided to
evaluate our creative partnerships,” a Jack Links
spokesperson said in a statement. “We’ve enlisted Pile,
an agency search consulting firm, that will strategically
guide and manage the search process. Our current AOR,
Carmichael Lynch, will be invited to participate in the
process as well.”
Jack Link’s spent around $9.1 million in 2016 and over
$10.7 million in the first nine months of last year,
according to Kantar Media.
Y O U N E E D
T O W I N
T H I S P I T C H
Mars Starts a Media Review
Global
February 02 , 2018
Media
C O M P A N Y B A C K G R O U N D
C L I E N T P R O F I L E / M A R K E T
Link Snacks, Inc. produces snack products. It offers beef, pork, bacon,
turkey, and chicken snacks. The company also provides beef and
chicken bites; beef, turkey, and chicken steaks and strips; beef, combo,
squatch, and turkey sticks; and sausages.
It serves customers through grocery stores, convenience stores, drug
stores, large retailers, and select home improvement and sport good
stores in the United States. Link Snacks, Inc. was founded in 1985 and is
based in Minong, Wisconsin with an additional office in Minneapolis.
F I N A N C I A L O V E R V I E W
2016 Sales (mil)
2016 Employees
Employee Growth Percent
Assets (mil)
Net Income Growth Percent
Sales Growth Percent
-
-
-
-
-
-
D E C I S I O N M A K E R S by M A I N C O M P E T I T O R S
tdixon@jacklinks.comChief Marketing Officer
Mr. Tom Dixon
david.kamenetzky@effem.comDirector of Marketing Integration
Ms. Johanna V. Rossbach
M E A T S N A C K M A R K E T
$ 2.8
B I L L I O N
2 0 1 6 S A L E S
7%
C A G R L A S T 4 Y E A R S
3.5%
2 0 1 6 S A L E S G R O W T H
M E A T S N A C K M A R K E T
S T I C K S
47.2%
52.8%
J E R K Y
S A L E S S H A R E B Y S E G M E N T
S T I C K S S A L E S
$ 1,318
M I L L I O N
J E R K Y S A L E S
$ 1,474
M I L L I O N
S T I C K S S A L E S G R O W T H
0 %
J E R K Y S A L E S G R O W T H
7 %
$ 25.81
AVERAGE AMERICAN HOUSEHOLD YEARLY SPENDING ON MEAT SNACKS
C O N S U M E R S P E N D
40
35
30
25
20
15
10
0
5
A N N U A L H O U S E H O L D S P E N D
25.81 9.38 7.16 35.37 10.01 17.66 12.60
DOLLARS
$ 7.42
AVERAGE SPEND PER-TRIP
40
35
30
25
20
15
10
0
5
H O U S E H O L D S P E N D P E R T R I P
7.42 2.71 6.10 3.61 3.14 4.01 3.16
DOLLARS
Meat Snacks Pork Snack Seafood Snacks Potato Chips Corn Chips Popcorn Cheese Snacks
W H O ‘ S M E A T S N A C K I N G
A N N U A L S P E N D B Y G E N E R A T I O N A N D E T H N I C I T Y
40
35
30
25
20
15
10
0
5
GREATEST
GENERATION
DOLLARS
H I S P A N I C
$ 20.55
A S I A N - A M E R I C A N
$ 31.60
A F R O A M E R I C A N
$ 18.60
C A U C A S I A N
$ 26.59
BABY
BOOMERS
GENERATION XMILLENNIALS
A M E R I C A N A T E
M E A T S N A C K S I N 2 0 1 7
S A L E S C H A N N E L S
N U M B E R O F C O N S U M E R I N M I L L I O N S
0 5 10 15 20 25 30 35 40 45 50 55
Jack Link’s
Slim Jim
Store Brand
Oberto
Pemmican
Wild Ride
Other Brands
46.29
45.46
19.01
18.33
3.02
2.31
27.81
1 2 2 . 1 3
M I L L I O N
S A L E S C H A N N E L S
92 %
Millennials replace meals with
Snacks at least once a week
17 %
“Can’t be bothered to
cook a meal”
39 %
Said they are too busy to
sit down and eat a meal
79 % 75 %
60 % 44 %
Consumers want to
recognize the
ingredient list
Consumers desire
a healthier
snack option
Consumers prefer
snacks providing
energy boost
Consumers look
for natural or
organic snacks
J A C K L I N K ‘ S I n c
$ 1 . 2
B I L L I O N
T O T A L
S A L E S
5 1 % U.S. J E R K Y
M A R K E T S H A R E
- 5 % D O L L A R S H A R E
O F J E R K Y S A L E S
M O R E T H A N J U S T A G A S S T A T I O N J E R K Y
“We’ve changed our brand vision
and our company vision from being
the dominant leader in jerky to
really being the dominant leader in
protein snacking”
Tom Dixon
CMO @ Jack Links
Jack Link’s opened its first
brick-and-mortar in the
Minneapolis Target Center
selling its signature snacks,
along with retail items such as
clothing and even a bicycle.
N E W T A R G E T S A N D U S A G E O C C A S I O N S
Jack Link’s brand, created the Lorissa’s Kitchen brand in 2016 to
appeal to active, upscale women looking for a healthy snack with
varieties such as Ginger Teriyaki and Korean Barbecue Beef.
Women’s share
in Jack Link’s audience
21.8%
Meat Snack eating occasions
consumed by women (2017)
48.5%
K N O W M O R E
S O U R C E : CUBEYOU
45%
43%
40%
38%
33%
35%
2 0 1 52 0 1 2
35%
45%
MEAT SNACK EATING OCCASIONS WERE CONSUMED BY WOMEN
“Currently, there is an appetite to market more to
women and millennials as consumers have started to
value a wider selection of flavors as well as grass-fed,
hormone- and antibiotic-free meat”
R O B E R T S O N A L L E N , H A R T M A N G R O U P
P S Y C H O G R A P H I C S
M A L E S
7 8 . 2 %
1 8 - 2 4 Y E A R S O L D
6 2 . 8 %
L I V I N G I N T H E
M I D W E S T R E G I O N
3 2 . 0 %
T O P
O U T D O O R
E N T H U S I A S T S
M O T O R
L O V E R S
G A M E R S
S E E T H E F U L L P R O F I L E
J A C K L I N K ‘ S A U D I E N C E
Women consumers
interested in healthful
snack brands
H E A L T H C O N S C I O U S
4 . 5 x
B E A U T Y & W E L L N E S S A W A R E
4 . 2 x
M O N E Y S A V E R S
3 . 4 x
H O M E D E C O R A T O R S & D I Y s
3 . 0 x
H E A L T H Y S N A C K I N G
W O M E N
A G E D I S T R I B U T I O N R A C E
H E A L T Y S N A C K I N G
W O M E N
demographics
G E T F U L L I N S I G H T S
M A R R I E D
5 8 . 5 %
W I T H C H I L D R E N
5 7 %
H H I > 7 0 K
4 5 . 6 %
N O R T H E A S T R E G I O N
2 3 . 5 %
G E T F U L L P R O F I L E
H E A L T Y S N A C K I N G
W O M E N
health
1 . 2 x 6 . 8 x
Top Supplements Brand Top Health Media
“I prefer alternative
medicine to traditional
medical practices”
“I’m always looking for
new ways to live a
healthier life”
1 . 3 x 1 . 2 x
3 . 1 xG E T F U L L P R O F I L E
H E A L T Y S N A C K I N G
W O M E N
beauty
T O P F I T N E S S A C T I V I T Y
Active & Fit
3 . 3 x
Running
1 . 7 x
Super influential consumers of
beauty products
1 . 9 x
K A T H R Y N
B U D I G
T O P F I T N E S S I N F L U E N C E R
1 . 2 x
1 . 2 x
1 . 1 x
Frozen
Yogurts
Energy / Diet
Snacks
Carb Free
Diet Snacks
FAMILY COOKING AT HOME
G E T F U L L I N S I G H T S
H E A L T Y S N A C K I N G
W O M E N
home activities
Home Decorators
& DIYs
High number dedicated
to housework
3 . 0 x 1 . 3 x
Spending time with
family as a top priority
1 . 2 x
High number of hours
spend with kids
1 . 4 x
High number of hours
spent cooking
1 . 3 x
Trying to eat dinner with family
almost every night
1 . 2 x
I N S I G H T S
S U I T E
C O N S U M E R
Discover Jack Link’s Target Consumer
on Cubeyou Consumer Insights Suite
T R Y N O W F O R F R E E

Jack Link's Pitch Brief

  • 1.
    N E WB U S I N E S S P I T C H B R I E F F E B R U A R Y 2 0 1 8
  • 2.
    T H ED A T A “Across all of our business units, we routinely conduct evaluations to ensure we have the right strategic and executional partners. At this time, we’ve decided to evaluate our creative partnerships,” a Jack Links spokesperson said in a statement. “We’ve enlisted Pile, an agency search consulting firm, that will strategically guide and manage the search process. Our current AOR, Carmichael Lynch, will be invited to participate in the process as well.” Jack Link’s spent around $9.1 million in 2016 and over $10.7 million in the first nine months of last year, according to Kantar Media. Y O U N E E D T O W I N T H I S P I T C H Mars Starts a Media Review Global February 02 , 2018 Media
  • 3.
    C O MP A N Y B A C K G R O U N D C L I E N T P R O F I L E / M A R K E T Link Snacks, Inc. produces snack products. It offers beef, pork, bacon, turkey, and chicken snacks. The company also provides beef and chicken bites; beef, turkey, and chicken steaks and strips; beef, combo, squatch, and turkey sticks; and sausages. It serves customers through grocery stores, convenience stores, drug stores, large retailers, and select home improvement and sport good stores in the United States. Link Snacks, Inc. was founded in 1985 and is based in Minong, Wisconsin with an additional office in Minneapolis. F I N A N C I A L O V E R V I E W 2016 Sales (mil) 2016 Employees Employee Growth Percent Assets (mil) Net Income Growth Percent Sales Growth Percent - - - - - - D E C I S I O N M A K E R S by M A I N C O M P E T I T O R S tdixon@jacklinks.comChief Marketing Officer Mr. Tom Dixon david.kamenetzky@effem.comDirector of Marketing Integration Ms. Johanna V. Rossbach
  • 4.
    M E AT S N A C K M A R K E T $ 2.8 B I L L I O N 2 0 1 6 S A L E S 7% C A G R L A S T 4 Y E A R S 3.5% 2 0 1 6 S A L E S G R O W T H
  • 5.
    M E AT S N A C K M A R K E T S T I C K S 47.2% 52.8% J E R K Y S A L E S S H A R E B Y S E G M E N T S T I C K S S A L E S $ 1,318 M I L L I O N J E R K Y S A L E S $ 1,474 M I L L I O N S T I C K S S A L E S G R O W T H 0 % J E R K Y S A L E S G R O W T H 7 %
  • 6.
    $ 25.81 AVERAGE AMERICANHOUSEHOLD YEARLY SPENDING ON MEAT SNACKS C O N S U M E R S P E N D 40 35 30 25 20 15 10 0 5 A N N U A L H O U S E H O L D S P E N D 25.81 9.38 7.16 35.37 10.01 17.66 12.60 DOLLARS $ 7.42 AVERAGE SPEND PER-TRIP 40 35 30 25 20 15 10 0 5 H O U S E H O L D S P E N D P E R T R I P 7.42 2.71 6.10 3.61 3.14 4.01 3.16 DOLLARS Meat Snacks Pork Snack Seafood Snacks Potato Chips Corn Chips Popcorn Cheese Snacks
  • 7.
    W H O‘ S M E A T S N A C K I N G A N N U A L S P E N D B Y G E N E R A T I O N A N D E T H N I C I T Y 40 35 30 25 20 15 10 0 5 GREATEST GENERATION DOLLARS H I S P A N I C $ 20.55 A S I A N - A M E R I C A N $ 31.60 A F R O A M E R I C A N $ 18.60 C A U C A S I A N $ 26.59 BABY BOOMERS GENERATION XMILLENNIALS
  • 8.
    A M ER I C A N A T E M E A T S N A C K S I N 2 0 1 7 S A L E S C H A N N E L S N U M B E R O F C O N S U M E R I N M I L L I O N S 0 5 10 15 20 25 30 35 40 45 50 55 Jack Link’s Slim Jim Store Brand Oberto Pemmican Wild Ride Other Brands 46.29 45.46 19.01 18.33 3.02 2.31 27.81 1 2 2 . 1 3 M I L L I O N
  • 9.
    S A LE S C H A N N E L S 92 % Millennials replace meals with Snacks at least once a week 17 % “Can’t be bothered to cook a meal” 39 % Said they are too busy to sit down and eat a meal 79 % 75 % 60 % 44 % Consumers want to recognize the ingredient list Consumers desire a healthier snack option Consumers prefer snacks providing energy boost Consumers look for natural or organic snacks
  • 10.
    J A CK L I N K ‘ S I n c $ 1 . 2 B I L L I O N T O T A L S A L E S 5 1 % U.S. J E R K Y M A R K E T S H A R E - 5 % D O L L A R S H A R E O F J E R K Y S A L E S
  • 11.
    M O RE T H A N J U S T A G A S S T A T I O N J E R K Y “We’ve changed our brand vision and our company vision from being the dominant leader in jerky to really being the dominant leader in protein snacking” Tom Dixon CMO @ Jack Links Jack Link’s opened its first brick-and-mortar in the Minneapolis Target Center selling its signature snacks, along with retail items such as clothing and even a bicycle.
  • 12.
    N E WT A R G E T S A N D U S A G E O C C A S I O N S Jack Link’s brand, created the Lorissa’s Kitchen brand in 2016 to appeal to active, upscale women looking for a healthy snack with varieties such as Ginger Teriyaki and Korean Barbecue Beef. Women’s share in Jack Link’s audience 21.8% Meat Snack eating occasions consumed by women (2017) 48.5% K N O W M O R E S O U R C E : CUBEYOU 45% 43% 40% 38% 33% 35% 2 0 1 52 0 1 2 35% 45% MEAT SNACK EATING OCCASIONS WERE CONSUMED BY WOMEN “Currently, there is an appetite to market more to women and millennials as consumers have started to value a wider selection of flavors as well as grass-fed, hormone- and antibiotic-free meat” R O B E R T S O N A L L E N , H A R T M A N G R O U P
  • 13.
    P S YC H O G R A P H I C S M A L E S 7 8 . 2 % 1 8 - 2 4 Y E A R S O L D 6 2 . 8 % L I V I N G I N T H E M I D W E S T R E G I O N 3 2 . 0 % T O P O U T D O O R E N T H U S I A S T S M O T O R L O V E R S G A M E R S S E E T H E F U L L P R O F I L E J A C K L I N K ‘ S A U D I E N C E
  • 14.
    Women consumers interested inhealthful snack brands H E A L T H C O N S C I O U S 4 . 5 x B E A U T Y & W E L L N E S S A W A R E 4 . 2 x M O N E Y S A V E R S 3 . 4 x H O M E D E C O R A T O R S & D I Y s 3 . 0 x H E A L T H Y S N A C K I N G W O M E N
  • 15.
    A G ED I S T R I B U T I O N R A C E H E A L T Y S N A C K I N G W O M E N demographics G E T F U L L I N S I G H T S M A R R I E D 5 8 . 5 % W I T H C H I L D R E N 5 7 % H H I > 7 0 K 4 5 . 6 % N O R T H E A S T R E G I O N 2 3 . 5 %
  • 16.
    G E TF U L L P R O F I L E H E A L T Y S N A C K I N G W O M E N health 1 . 2 x 6 . 8 x Top Supplements Brand Top Health Media “I prefer alternative medicine to traditional medical practices” “I’m always looking for new ways to live a healthier life” 1 . 3 x 1 . 2 x
  • 17.
    3 . 1xG E T F U L L P R O F I L E H E A L T Y S N A C K I N G W O M E N beauty T O P F I T N E S S A C T I V I T Y Active & Fit 3 . 3 x Running 1 . 7 x Super influential consumers of beauty products 1 . 9 x K A T H R Y N B U D I G T O P F I T N E S S I N F L U E N C E R 1 . 2 x 1 . 2 x 1 . 1 x Frozen Yogurts Energy / Diet Snacks Carb Free Diet Snacks
  • 18.
    FAMILY COOKING ATHOME G E T F U L L I N S I G H T S H E A L T Y S N A C K I N G W O M E N home activities Home Decorators & DIYs High number dedicated to housework 3 . 0 x 1 . 3 x Spending time with family as a top priority 1 . 2 x High number of hours spend with kids 1 . 4 x High number of hours spent cooking 1 . 3 x Trying to eat dinner with family almost every night 1 . 2 x
  • 19.
    I N SI G H T S S U I T E C O N S U M E R Discover Jack Link’s Target Consumer on Cubeyou Consumer Insights Suite T R Y N O W F O R F R E E