Publicis Is Back To Growth, But Defends Epsilon Acquisition To Investors

Publicis Groupe grew 0.1% to $2.5 billion in Q2, returning to positive growth after a rocky first quarter. Organic growth was down 0.7% for the first half of the year. Despite the positive quarter, investors were skeptical of Publicis’ $4.4 billion acquisition of Epsilon, which closed in July. Many wondered why the company has suchContinue reading »

The post Publicis Is Back To Growth, But Defends Epsilon Acquisition To Investors appeared first on AdExchanger.

Read more

Podcast: Too Much Power

Facebook, Google and Amazon all possess near monopolies in their respective markets. Is there anything wrong with that? The presiding view has been that monopolies don’t matter as long as the consumer is better off, according to Rishad Tobaccowala, chief growth officer at Publicis Groupe. “All of us get these platforms for free,” he saysContinue reading »

The post Podcast: Too Much Power appeared first on AdExchanger.

Read more

Breaking Down Epsilon’s Stack: What’s In It For Publicis?

Publicis acquired Epsilon on Sunday primarily for the latter’s expertise in working with first-party client data. But Publicis got a lot more with Epsilon’s hefty $4.4 billion price tag. Epsilon is best known for its services related to data management, email marketing and loyalty platforms. But Epsilon also gives Publicis an affiliate marketing network (CommissionContinue reading »

The post Breaking Down Epsilon’s Stack: What’s In It For Publicis? appeared first on AdExchanger.

Read more

What First-Party Data Does Epsilon Actually Have?

When Publicis acquired Epsilon for $4.4 billion on Sunday, it put a big emphasis on the value the company brings to the group around first-party data. But while Epsilon has deep experience working with its clients’ first-party data and managing their CRM databases and loyalty programs, it doesn’t actually own first-party data – depending onContinue reading »

The post What First-Party Data Does Epsilon Actually Have? appeared first on AdExchanger.

Read more

Publicis Buys Epsilon For $4.4B – But Will It Be Able To Integrate The Frankenstack?

Publicis Groupe’s $4.4 billion purchase of email marketing and data company Epsilon on Sunday comes down to three words: first-party data. “What is really important for our clients is to build their first-party data,” said Publicis Groupe CEO Arthur Sadoun on an investor call Monday. “If not, they will be killed by direct to consumerContinue reading »

The post Publicis Buys Epsilon For $4.4B – But Will It Be Able To Integrate The Frankenstack? appeared first on AdExchanger.

Read more

Kraft-Heinz’s $15B Write-Down Shows Why Marketing Still Matters

Kraft-Heinz’s $15 billion write-down on Kraft and Oscar Meyer last week shows that underinvesting in marketing and brand hurts long-term growth. “It indicates investment in innovation and branding is essential,” said Martin Sorrell, CEO of S4 Capital. “In addition to being frugal, you have to invest in product or service innovation and marketing. You’re throwingContinue reading »

The post Kraft-Heinz’s $15B Write-Down Shows Why Marketing Still Matters appeared first on AdExchanger.

Read more

Gray Lady Goes Great Guns; Here Come The DTC Consolidators

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Gray Lady Rising While digital media suffers a blood bath, The New York Times is reaping the rewards of a growing digital readership. The publisher brought in $709 million in digital revenue last year and is on track to pass its goal of $800Continue reading »

The post Gray Lady Goes Great Guns; Here Come The DTC Consolidators appeared first on AdExchanger.

Read more

Why Holding Companies Are Shedding Non-Core Assets

After stagnant growth in 2017, holding companies are getting rid of assets that aren’t related to their core focus on digital transformation, programmatic, data and technology. Omnicom, Publicis Groupe and WPP have pruned their portfolios this quarter, though IPG and Havas have made smaller and less strategic moves – to their detriment. Pivotal Research analystContinue reading »

The post Why Holding Companies Are Shedding Non-Core Assets appeared first on AdExchanger.

Read more

Publicis Blames Weak Q2 On GDPR Confusion

Publicis Groupe’s performance dipped in Q2 as clients pulled programmatic spend in response to GDPR. Organic growth was down 2.1% for the quarter and 0.4% for the half-year. Net revenues for the first half of the year dropped 8.2% to $5 billion. In Europe, net revenues were down 3.6% YoY to $745 million. Overall, PublicisContinue reading »

The post Publicis Blames Weak Q2 On GDPR Confusion appeared first on AdExchanger.

Read more

Cannes 2018: The Media Agency Ground Game

Last year, when Publicis Groupe said it would pull out of the Cannes Lions festival and awards show and reinvest the funds in an artificial intelligence platform, it sparked other holding companies to rethink their presences. Many had become concerned that the festival, which takes place every June along the beach in the south ofContinue reading »

The post Cannes 2018: The Media Agency Ground Game appeared first on AdExchanger.

Read more