Unilever today said it has launched a global review that encompasses almost all of its media business, including U.S. chores held by WPP Group’s Mindshare. The client spent $640 million in the U.S. alone on ads last year.
On a global basis, Unilever spends more than $7 billion a year on advertising and promotions. Worldwide media spending was not available, but is believed to top $1 billion annually.
Along with Mindshare, various agencies from WPP, Omnicom and Interpublic handle media for the giant packaged-goods company, and all three groups are invited to participate.
A client rep said most of the business in review is handled by Mindshare. But Omnicom’s PHD, for example, has the Canadian business, while IPG’s Initiative works on Argentina, among other markets.
Also included in the review are the U.K., France, Germany, Italy, Spain, the Netherlands, Russia, India and China.
Decisions in the process will be made on a market-by-market basis.
Unilever said the competition was launched based on its corporate policy to periodically re-evaluate media agency arrangements.
Laura Klauberg, Unilever vice president global media, is running the review. She said in a statement: “As we drive media innovation and improved value for Unilever, and as dramatic changes in the media landscape reshape our communication needs, we are continuing to evaluate the service and capabilities of our media agency partners across all disciplines.”