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February 21, 2024 24 mins

As the presidential race picks up momentum, The Current Podcast explores what a political campaigner and a CPG brand marketer can learn from each other. Kyle Yadon-Smith, (the head of digital for the National Republican Senatorial Committee), and Vinny Rinaldi, (the head of media and analytics for The Hershey Company), get candid about marketing politics and chocolate. 

 

Episode Transcript

Please note, this transcript  may contain minor inconsistencies compared to the episode audio.

 

Damian Fowler: (00:01)

I'm Damian Fowler. Welcome to this edition of the current podcast.

Damian Fowler: (00:10)

This week we are queuing up a great conversation between two advertisers who may not on first glance seem to have that much in common. We're joined by Vinnie Ranaldi, the head of media and analytics at the Hershey Company, and Kyle Yadon-Smith, the head of digital for the National Republican Senatorial Committee. That said, we thought it would be fascinating to hear what a big CPG brand like Hershey can learn from a major political advertiser like the NRSC. And since this is an election year, what better time to host this conversation. It's been said that every great political campaign rewrites the rules at the same time, CPG brands can now supercharge campaigns with retail data. With all that in mind, let's get to it. Both of you, of course, are focused on reaching those respective audiences, whether you call 'em consumers or voters. I'd love to hear from both of you, you know, on what you think you may have in common.

Kyle Smith: (01:09)

I was gonna joke, the uh, the biggest thing is, uh, we're both targeting, so we're women I think is our key marketplace. the cycle . Um, obviously that's not the only, uh, demographic that's gonna be key on the political landscape, but, uh, we're gonna be running ads in October and so we're gonna screw up your Halloween marketing. Thankfully you guys do not have a, uh, Georgia runoff this year, so it should be okay by Christmas. And uh, yeah, I think we're gonna be targeting a lot of the same consumers slash uh, voter demographics. So it's kind of, it's, it's interesting how that kind of plays out. Yeah,

Vinny Rinaldi: (01:36)

I would agree. I think there's more correlation. I think, you know, we're looking at the same content areas to show up in as a brand to sell chocolate as you guys are, to show up and influence somebody to devote one way or the other in those big environments. You know, a lot of how we look to show up is how do we drive seasonality in local markets at a certain store? So you're right in October, believe me, it's probably hot topic number one of like the lead up to our Super Bowl October 31st. There's a serious presidential election happening a week later. Yeah. So how much will that play a role when we're buying, you know, market-based ads? So it is an area, I wouldn't say of concern, but an area that we're certainly focused on of like how do we make sure we're showing up in the right markets during our most precious time of year, but being cognizant of some of the headwinds we might face based on what's happening in real time.

Damian Fowler: (02:28)

It's interesting, you know, you're sort of talking in a way about competition between say chocolate and political campaigns, but on the other hand there's a sort,

Kyle Smith: (02:35)

I think we would lose that one if you had to vote on one or the other. .

Damian Fowler: (02:39)

I mean, of course there's an alignment too. I mean maybe you guys can, you know, get together and cross-reference here.

Vinny Rinaldi: (.css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}


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