Vol 29. Athletic Greens: Coming to a podcast near you đ§
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How Athletic Greens springboarded growth using one key marketing channel
If youâve heard of Athletic Greens, it was probably through your speakers. This wellness brand is all over the airwaves. Itâs the third largest podcast advertiser by total show count behind BetterHelp and Manscaped. Its ads always promote AG1, a 75-ingredient green powder thatâs designed to replace multiple supplements and provide âcomprehensive nutrition and gut health support in one daily drink.â
Looking at the numbers, Athletic Greensâ strategy for podcast marketing has paid off for the brand, big time.
This week, Case Studies examines how Athletic Greens supercharged its brand growth using one key marketing channel, podcasts.
The Brief:
Chris Ashenden bought the athleticgreens.com domain name in 2009. To market his product, he took the approach of targeting early adopters who had influenceâtrainers, nutritionists, etc.
One of those early influencers Ashenden partnered with was Tim Ferriss, an entrepreneur, investor, and author. At the time, Ferriss had published the book The 4-Hour Workweek. Then in 2010, he published The 4-Hour Body (which was later followed up with The 4-Hour Chef). Ferriss mentioned Athletic Greens in the book, unprompted, leading to a huge boost in sales for the brand.
After that early boom, it became clearâAG had found a marketing strategy that worked and ran with it⊠into the world of podcasts.
The Execution:
Athletic Greens CRO Jonathan Corne said he started off testing the podcast medium by reaching out to whichever podcaster he was listening to at the time. The goal was to convert influencers into customers (while also approaching influencers who are already customers).
As the strategy evolved, AG started looking for audiences who are âtaking ownership of their health, their personal finances, their relationships.â That meant going outside the low-hanging fruit and finding partners outside your typical health and wellness niche.
Today, some of the brandâs big-name partners stretch across a range of show genresâincluding  Ferrissâs podcast, The Tim Ferriss Show (business), Armchair Expert with Dax Shepard (comedy/interview), Pod Save America (political), and Crime Junkie (true crime). Corne said the brand is partnering with âhundredsâ of podcasters at any given time.
It is estimated that the brand is now spending over $2.2 million in podcast ads a month as their strategy has matured and they seek to reach an even broader audience.
Whether youâre selling software or suede shoes, having an endorsement-style ad can make a big impact to listening ears. But itâs particularly impactful in the saturated supplement market, where thereâs an abundance of research, recommendations, and products.
Athletic Greens also set itself apart by focusing on the long game. Even in economic downturns, itâs made a point to keep its partnerships going.
âWhat we donât want to do is cancel anything,â Corne said. âWe want to make sure that we stay because we want to continue to build more and more relationships.â Â
The consistency of the brandâs long game certainly makes AG memorable. A listener could hear 5 different ad reads within the one week period, either on the same podcast or across multiple. That level of exposure is bound to drive brand recall, purchase intent, and actual purchases over time.
The Results:
According to Athletic Greens President, COO, and board director Kat Cole, the company grew between 150-200% year-over-yearâfor two years in a row. In 2021, it reached $150 million in revenue run rate and surpassed 100% in customer growth. Then in 2022, AG raised $115 million, pushing the companyâs value to $1.2 billion.
After turning early adopters into brand heroes, the brand has elevated some of its partnerships even further. Its very first influencer partner, Ferriss, is now an investor in the company. And Neuroscientist Andrew D. Hubermanâwho hosts the Huberman Lab podcast where he promotes AGâjoined the company as a medical advisor.
The Takeaways:
Athletic Greens went all in on a niche marketing channel with a specific strategy, and it paid off. Here are a few learnings you can take away from its success story.
1. Find your perfect channel mix
Athletic Greens operates in a very competitive market, which is why finding a marketing channel that wasnât already saturated but aligned with the brand was so imperative to their growth trajectory.
While mass channels like Meta advertising or TV can work for a variety of brands, it is important to allocate some of your marketing budget to testing new channels, specifically ones that might provide your team a competitive advantage if successful.
Make a ranked list of the channels you think are most likely to have an impact for your team and every quarter try and check off at least 1 or 2 to test.
2. Influence is a multiplier
While the podcasting format has been paramount to helping Athletic Greens succeed, itâs actually their creative strategy of leveraging prominent influencers that are advocates in the health food space that has enabled them to be successful.
Even if you canât access mega influencers for your products early on, finding superusers in your category and getting their buy-in as to why your product is the superior solution can be a massive boost to your ads.
3. Start testing today
One of the best parts of this case study is how the Athletic Greens team didnât overthink their podcast strategy early on, the goal was simply to get their products in the hands of whoever they could and see what became of it.
Sometimes marketers like to overanalyze projects that can be tested relatively quickly. Consider leaving your financial models or 20-slide PowerPoints behind and start doing.
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