Marketing Transformation Challenge:
- To optimize the way Media is planned, bought and optimized to offer short and long term benefits in an age of personal marketing.
The Solution:
- Gather agency audit costs and performance
- Run an RFP to appoint a global media auditor to enable media price/quality and technology benchmarking
- Run a media agency assessment including deep-dive qualitative and quantitative research and analysis of results
- Run a media pricing and rebates review including brief and debrief of media agency
- Review media contract and assist with negotiations for new contractual terms
- Conduct a review of the remuneration and bonus system based upon benchmarking
Outputs & Benefits:
- New processes for briefing and planning
- New agile test and learn strategy
- New programmatic strategy
- New global vendor strategy
- Transparency on media spend globally creating a platform for increased efficiencies
- Improved media specific contract terms agreed in the favour of the client on transparency
- Established level of media pricing competitiveness across selected media