Menu

Search

  |   Business

Menu

  |   Business

Search

Coca-Cola and Foodpanda Unite to Unlock Full-Suite Advertising Solutions

coca-cola-foodpanda-advertising-partnership.jpg

Coca-Cola and Foodpanda partner to leverage full-suite advertising solutions, driving significant sales growth.

Innovative Partnerships Drive Brand Visibility and Sales in Evolving Media Landscape

According to Adobo Magazine, marketers must become more creative to capture customers' attention as the media landscape evolves. Brands are now partnering with streaming services, digital platforms, and media agencies to engage potential customers where they are browsing or shopping.

Collaborative partnerships within these networks, such as Foodpanda's ads, offer innovative solutions that align closely with consumer behaviors. These partnerships involve placing ads on a retailer's website or app, like Foodpanda, to increase brand visibility and sales for partner merchants and external brand partners.

"This adaptability and direct access to engaged shoppers make retail media an invaluable asset in a modern marketer's toolkit, pushing brands to transition from conventional advertising to more dynamic, integrated strategies," said Amer Bakshi, Foodpanda Philippines Enterprise Director.

"For foodpanda, brands can enter collaborative partnerships across our verticals from food delivery and pick-up to grocery deliveries. We provide them with solutions within our in-app and off-app channels, allowing panda ads to engage with digital-native customers who want greater choice and accessibility, convenience, and a personalized experience."

Retail Media Set for Rapid Growth, Coca-Cola and Foodpanda Partnership Drives Sales and Engagement

According to Insider Intelligence, retail media is anticipated to experience the most rapid expansion of any advertising channel by 2027, expanding at an annual rate that surpasses 20%. "As retail media continues to grow, there are even more reasons for brands to utilize it. Partnerships can be creative and take many forms to effectively achieve goals and drive growth to their business."

As an illustration, among the many alliances established by The Coca-Cola Company in the Philippines, the partnership with Foodpanda has proven notably fruitful in augmenting the brand's market penetration, transaction volume, and offline and online revenue. Supported by promotions and incentives, a meticulously crafted campaign encouraged consumers to pair Coca-Cola beverages with particular culinary favorites.

Amer emphasized that the collaboration with Coca-Cola is a remarkable illustration of capitalizing on the complete spectrum of advertising possibilities retail media offers. "While Coca-Cola is a well-established name in the beverages industry, standing out and effectively engaging with the target audience remains a challenge. Through panda ads, we offered them innovative advertising tools across both in-app and off-app channels, aiding them in driving growth and increasing campaign sales."

The campaign incentivized consumers through event penetration on significant days such as Valentine's Day, Christmas, and Mother's Day to enhance brand recognition. "We know that Christmas is a special time for Filipinos to eat with their family, so we specially mounted a campaign for this season by combining meal orders with Coke beverages. The partnership was seamlessly integrated into the 'Pasko (Christmas) Like a Panda' campaign, aligning Coca-Cola with moments of joy and capitalizing on increased holiday shopping."

He further stated that the campaign's reach was optimized by utilizing all customer communication channels, including offline and online platforms. "Others might get the impression that panda ads would only utilize in-app promotions, but there are other channels and strategies to do. Some examples of the advertising solutions that we for Coca-Cola did include customer relationship management (CRM) ads, online branding, social media takeover, in-app activations, influencers, and PR drops as well as voucher promotions, billboards on highways, digital out-of-home, and condo ads."

Through Foodpanda's "FPasko" initiative, a gamified activity was launched, which featured Coca-Cola as one of the major brand partners. "By associating the campaign with the cultural significance of Christmas, it deeply resonated with the target audience, driving engagement and participation from both app users and Coca-Cola enjoyers," Amer explained.

Photo: Tamas Pap/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.