Advertising
Global Mergers, Local Ripples: Consolidations reshape India's ad land as clients seek 'single-window' partners
Amazon has shortlisted IPG Mediabrands, WPP and Omnicom Media Group for the pitch process of its media mandate, Campaign US reported.
It was reported that that the brief for Amazon’s account was issues in March, this year.
IPG Mediabrands’ initiative is the incumbent agency for Amazon. It won the company’s account in 2013 and defended it in 2017. As per reports, IPG will continue to service Amazon in 2024. The new mandate will commence from 2025.
Prior to 2013, Publicis Groupe handled Amazon’s media account.
According to reports, Amazon’s annual advertising and promotion spends in 2022 were around $20.6 billion, which is more than the $16.9 billion it spent in 2021 and $10.9 billion it spent in 2020.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.