Beckham, the soccer legend turned Nextflix star, has been busy in the ad world lately, starring in a live-filmed commercial for Lay’s and as a forgetful husband in Uber Eats’ recent Super Bowl ad.
The agency Worldwide London introduced “Reassuringly Expensive” in the U.K. in 1992, helping Stella Artois succeed wildly there, and encouraging a succession of the brand’s corporate parents—Interbrew, InBev and finally AB InBev—to position Stella Artois as a global premium beer that was ready when consumers began seeking out high-end brands.
“The ‘Reassuringly Expensive’ campaign was an iconic campaign that really established Stella Artois as the founder of the international premium segment around the world,” Ovadia said in an interview. “At the time, what defined premium was how much it cost. It was quite a ‘badge’ category, and the price of your product would help define whether customers saw it as premium.”
Taking consumers’ minds off price might also seem to be a benefit in these inflationary times, but Ovadia has a different perspective.
“Now, you have to justify why your product is worth more, you have to justify it in terms of its emotional value. And you have to justify it in terms of the ability of your product to live up to its claim—the product value,” Ovadia said. “You have to justify that worth.”
Stella can “justify” its worth in two ways, Ovadia said. Research indicates consumers like the brand for its distinct taste, while valuing the time spent with their friends and family. “We sum this up under our new platform very simply as Stella Artois, ‘a taste worth more for moments that mean more,’” Ovadia said.