P&G shortlists five agencies for $2.5bn media planning
NEW YORK - Havas-owned Media Planning Group and Aegis' Carat are among the five agencies shortlisted for Procter & Gamble's $2.5bn North American media planning account.
It was originally reported that P&G would be hearing from four agencies, including the incumbents Publicis Groupe-owned Starcom MediaVest in Chicago and Grey Global Group's MediaCom in New York.
The fifth agency on the list is a Texas-based agency called Targetbase, which is part of the Omnicom Group. It describes itself as a full-service database marketing company, although it is understood the agency has used its data-driven strategy to offer media planning services in recent years. It already works for P&G, as well as firms such as GlaxoSmithKline and Quaker Oats.
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Media buying is not affected by the review, which is expected to be completed by July. According to reports, there are plans to expand the role of media planning at P&G to include public relations and sales promotion.
When the review was announced in April, Greg Ross, P&G's director of media for North America, said: "Given today's media fragmentation, we need to connect with our consumers and reach them at various touch points."
Last year Procter & Gamble was the second-biggest advertiser in the US, spending $2.2bn on advertising. The household goods giant owns brands such as Charmin, Oil of Olay, Tampax and Pampers.
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