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The BEST Super Bowl ad 🏈 | 👀 Anthro Newsletter #031

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The BEST Super Bowl ad 🏈 | 👀 Anthro Newsletter #031

Your weekly newsletter on culture & insights for your business.

Sanya-Jeet Thandi
Feb 20, 2022
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The BEST Super Bowl ad 🏈 | 👀 Anthro Newsletter #031

anthro.substack.com

Your weekly content source on brands, culture and actionable insights. If you’re a founder, at a start-up, in agency or in house - this is where to keep your finger on the pulse and connect business to culture. If you like this issue, hit the 💗 button. You’re a legend!

Welcome back to the Anthro newsletter, friends!

It’s a been a while, but it’s back, fresher than ever. A LOT has happened since we last spoke - main thing being - I finally moved to America! 🇺🇸 While I’ve been enjoying time on the East Coast, getting to know Atlanta and Miami, I’m excited to settle into my permanent (for now?) new home in San Francisco ☀️🌴

I’m excited to bring you more cultural observations, insights and strategy - all of which I hope will satiate your curiosities and help you better connect your work to culture, and most importantly, to people!

This week we’re analysing the success of the best advert from last weekend’s Super Bowl in LA. The clear winner was Coinbase’s advert, and here’s why…

What happened

An hour before the Super Bowl kicked off, Coinbase tweeted saying…

Twitter avatar for @SanyaJeet
Sanya-Jeet Thandi @SanyaJeet
If this is what I think it is, this is super exciting for mainstream crypto #SuperBowl
Twitter avatar for @coinbase
Coinbase @coinbase
Keep an eye out for our ad today and snap a pic of your friends when they see it. Share in the comments! 👀📸
11:49 PM ∙ Feb 13, 2022
2Likes1Retweet

I popped to the kitchen to get a drink top up and as I came back to the Super Bowl screen, it was blank, with just a colour-changing QR code bouncing around. Who else could it be, but Coinbase? I was excited, and scanned the moving, flashing screen ASAP!

A plain QR code moving around a blank screen that changes colour, in Q1 of the Super Bowl with no other words or copy - what could be more intriguing? The ad gave new users $15 in free Bitcoin, while entering existing users into a $1 million sweepstakes.

👀 You can watch the ad here if you missed it:

Criticism

The critics are saying that the crypto ads aren’t speaking to the concerns of non believers… And the Coinbase website went down. Some are calling it lazy. However, the praise far outweighs the criticism… And the proof is in the results.

Praise

Hats off to CMO Kate Touch. The ad was intriguing and “catch-all” enough to bring many “normies” or newbies into the crypto world. Coinbase says its ad spot drew more than 20 million visits to the company’s website in a single minute. The QR code was so much more popular than the team even expected. Engagement was 6x higher than any previous benchmarks. So much so that their website and app even went down briefly as a result. A success in terms of building more hype.

Twitter avatar for @coinbase
Coinbase @coinbase
We're back up and ready for you!
Twitter avatar for @surojit
Surojit @surojit
@coinbase just saw more traffic than we've ever encountered, but our teams pulled together and only had to throttle traffic for a few minutes. We are now back and ready for you at https://t.co/ZUJqRlnZPH. Humbled to have been witness to this. #WAGMI
1:23 AM ∙ Feb 14, 2022
1,369Likes342Retweets

To boot, many unrelated brands have gone meme crazy for the Coinbase ad and made their own versions, including Avocados from Mexico, FTX and Intuit.

Coinbase and Avocados vibing is possibly the best thing I’ve seen on the internet in 2022 so far 💖🤑🥑

The ad is already being remembered as the first and most memorable crypto ad to grace the iconic Super Bowl.

According to app intelligence firm, Sensor Tower, Coinbase was the No. 2 app in the US App Store by Monday. App installs grew 309% week-over-week after the ad aired on Sunday 13th February. This continued to climb by a further 286% on Valentine’s day.

Overall a win for new users, loyal existing users and Coinbase itself.

Coinbase Gains

💪🏽 Coinbase received 20 million visits to its website.
💪🏽 Their level of engagement was 6x higher than previous benchmarks.
💪🏽 It was the first crypto ad in Super Bowl history - one to remember!
💪🏽 It was one of the most talked about Super Bowl ads.
💪🏽 Coinbase was the No. 2 app in the US App Store by Monday.
💪🏽 App installs grew 309% week-over-week after the ad aired.

👀 3 key takeaways for your brand:

  • Mitigate people’s intimidation or confusion about crypto by meeting your audience where they are.

  • Embrace the concept of human curiosity: Mystery when it’s so blatant and in your face, with a captive audience WILL get people’s attention.

  • Be brave and try something that’s never been done before. Playful and low production can be a winning formula too. It’s not all flashy celebs and storylines. In fact, celebs are generally so passé… 😴

Other interesting things:

  • Building an NFT project from scratch - Emma Tang

  • The social tokens guide - Holyn

  • Join my new weekly Twitter Space to discuss all things hype and culture, every Tuesday. Follow me to get the link for the next one!

    • Tuesday 9am PST

    • Tuesday 11am CT

    • Tuesday 12 noon EST

    • Tuesday 5pm GMT


See you next Tuesday & Sunday, thanks for reading!

— Sanya 😊

PS: Go RAMS! West coast represent 🔥

Comments or questions? Send me a note


Written by Sanya-Jeet Thandi, a strategist & consultant with a love for culture, start-ups and good karma. British Indian based in San Francisco. You can connect with me on Twitter and Instagram.

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