Future of Consumer Marketing
Adam Herstig [https://www.linkedin.com/in/adam-herstig-7b36a619/], SVP of Marketing & Partnerships at Lids [https://lids.com/], brings two decades of sports licensing experience to one of retail's most recognizable brands - nearly 1,300 stores globally, the NBA and NHL store operations, college bookstore businesses, and a growing lineup of categories from trading cards to in-store customization. In this episode, Adam breaks down what it actually means to market a brand that is simultaneously a licensed retailer, a destination experience, and a cultural institution in the sports world. He talks about when sports marketing sells itself (World Series, anyone?) and when it needs a real push, why media diversification is the only honest way to measure attribution, and how a team of just 30 people manages campaigns across dozens of leagues, hundreds of teams, and thousands of SKUs. He also gives his honest read on AI in consumer-facing marketing - cautious, deliberate, and smarter than most. Topics Discussed * Adam's career arc: American Eagle, Reebok, Adidas, Mitchell & Ness, kids licensed apparel in Asia Pacific, Snipes, Foot Locker, and now Lids * The full scope of Lids Inc: ~1,300 Lids stores, Lids Locker Rooms, NBA stores, NHL stores, college bookstore businesses * Hot markets vs. new categories: when sport demand does the marketing for you, and when you need to actually push * Customization as Lids' in-store superpower — patching, curving, embroidery, jewelry — and how it's been featured in every campaign * Trading cards: a year and a half old at Lids, now a real and growing category * Access Pass Premium loyalty program: $10/year, up to 20% off hats, birthday gifts, VIP perks at events * HQ in Indianapolis, 5 days in office, small NYC office for branding/PR/collaborations * Marketing team of 30 managing campaigns across leagues, teams, and thousands of SKUs * The pace of Lids: testing, iterating, embracing the chaos — what makes the company culture remarkable * Media diversification philosophy: TV, radio, out-of-home, coupons, bag filler — diversify to keep channels honest * AI approach: backend efficiency yes, consumer-facing campaigns — baby steps only; copy and content versioning are the practical wins * MLB as synonymous with hat culture; F1 growing; WWE entering the lineup; World Cup 2026 as a major test * Experiential marketing at Super Bowls, All-Stars, Fanatics Fest — RIP to Rep trading card event * International presence: Canada, Mexico, Australia; 2026 World Cup as an opportunity to capture new customers * 2026 goals: drive store traffic, grow loyalty membership, acquire new customers via World Cup, nail holiday
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