Jenny Chan 陳詠欣
Nov 9, 2018

Nestlé consolidates media buying in China with Mindshare

Mindshare China expands scope of work beyond Wyeth and the Nestlé core portfolio.

Nestlé consolidates media buying in China with Mindshare

Following a media review on assorted brands in its China portfolio during June and September this year, Nestlé has expanded Mindshare's buying responsibilities to include the food conglomerate's major subsidiaries: Wyeth Nutrition, Yinlu, Toto Le, Haoji and Hsu Fu Chi.

Multiple parties with direct knowledge of the matter told Campaign China that Publicis Media and Dentsu Aegis Network were reportedly shortlisted in the final rounds of the pitch that concluded last week. A representative of Publicis Media, however, said the company declined to pitch. Dentsu Aegis Network declined to confirm its involvement. Campaign has contacted Nestlé's procurement lead for further comment.

Mindshare previously handled both the traditional and digital buying duties for major sub-brands under Nestlé and Wyeth Nutrition (part of Nestlé) since 2014, with total adspend of approximately RMB 1 billion (US$144 million) on paid media per year in the past.

The review did not affect Nestlé’s relationships with other media agencies that will continue to work on the planning business of each sub-brand.

Separately, in other markets, Mindshare recently lost its Nestlé media accounts to Publicis agencies in Singapore and Malaysia.

This story has been updated to clarify Publicis Media's response.

Source:
Campaign China

Related Articles

Just Published

1 day ago

40 Under 40 2024: Swyn Evans, Zeno

Evans has demonstrated dynamic leadership as managing director at Zeno Singapore, driving client wins, revenue growth, and championing team welfare and women’s advancement in just eight months.

1 day ago

Happy Lunar New Year from Campaign Asia-Pacific

The editorial team is slithering away for a short break, but we'll be back with our newsletters and ready to charm on January 31st.

1 day ago

'Fear doesn't build trust': Cisco's CMO on why ...

CMO Carrie Palin reveals why consumer trust, impact-readiness surrounding AI, and in-person connection might be the keys to sustain the company’s future.

2 days ago

Stand guard: Protecting your brand from the hidden ...

The traditional reactive approach to risk management is grossly inadequate for the age of AI-powered marketing, says Mediabrands Australia’s Geoff Clarke.