Wunderman Thompson

Wunderman Thompson is a global digital agency with 200 offices in 90 markets. Headquartered in New York, Wunderman Thompson is part of international advertising group WPP plc (NASDAQ: WPPGY).[1] In November 2018, WPP merged J. Walter Thompson with Wunderman to form Wunderman Thompson, an advertising agency, consultancy and technology company.[2]

Wunderman Thompson
IndustryAdvertising, Digital Marketing
Founded2018
HeadquartersNew York City, New York
Number of locations
200 offices in 90 markets
Key people
Mel Edwards (Global CEO)
ParentWPP
Websitewww.wundermanthompson.com

History

J. Walter Thompson was founded in 1864 by James Walter Thompson and traces its origins to the Carlton & Smith agency, one of the first known advertising agencies in the United States.[3]

J. Walter Thompson was acquired by WPP in 1987.[4] Its longstanding clients include Unilever, Mondelēz International, Kraft Foods, Kimberly-Clark, Nestlé, Kellogg's and Ford Motor Company. Other notable clients include HSBC, Johnson & Johnson and the United States Marine Corps.[5]

In 1958, Lester Wunderman, alongside his brother Irving Wunderman, and colleagues Ed Ricotta and Harry Kline, opened Wunderman, Ricotta & Klein (WRK).[6] Founder Lester Wunderman is widely considered,[7] to be the creator of modern-day direct marketing — a term he originated in a 1967 speech at MIT.[8]

Wunderman, Ricotta & Kline was acquired by Young & Rubicam in 1973.[9] To reflect the global expansions of the agency alongside then client American Express the agency became Wunderman Worldwide in the 1980s.[10] It then expanded its reach into the interactive, strategic and data-analysis fields.[7]

In 2018, WPP merged POSSIBLE and Cole & Weber with Wunderman Thompson Seattle to form a single digital marketing and advertising unit.[11]

Notable Work

In 1961, the American Association of Advertising Agencies (4A's) asked Wunderman Ricotta and Kline to become the first direct-mail agency to join its ranks symbolizing the advertising industries acceptance of direct marketing as discipline.[10]

Among the agency's early innovations are the Columbia Record Club, the 1-800 toll-free number for businesses (developed for a Toyota campaign, the United States Post Office campaign for Mr. ZIP[12] and the ZIP code, and the magazine subscription card.)[13]

A long-time relationship with American Express eventually led to the first customer rewards program—a breakthrough means of keeping customers loyal to a brand that has since transformed the travel and retail industries as well.[13]

In 2002, Wunderman won the inaugural Cannes Lions Direct Grand Prix.[14] Since then numerous members of Wunderman have served on, or acted as Cannes Lions juries chairmen including Daniel Morel and Eco Moliterno.[15][16]

Growth and Acquisitions

  • Phantasia: In January 2015, Wunderman acquired a majority stake in Phantasia, Peru's largest and most awarded digital agency.[17]
  • Pierry, Inc.: In September 2017, Wunderman acquired a majority stake in Pierry, Inc. a marketing software integration and solutions company specializing in optimizing campaigns on the Salesforce Marketing Cloud.[18]
  • The Cocktail: In June 2017, Wunderman acquired Spanish digital transformation consultancy, The Cocktail.[19]
  • Pmweb: In January 2017, Wunderman acquired a majority stake in Pmweb Comunicação Ltda., a digital marketing specialist in Brazil.[20]
  • 2Sales: In September 2018, Wunderman acquires Amazon-focused content and campaign agency, 2Sales.[21]

References

  1. Wunderman
  2. "WPP is merging JWT with Wunderman". Ad Age. Retrieved 2018-11-26.
  3. J. Walter Thompson American Advertising Agency, Encyclopedia Britannica, November 13, 2019
  4. Sir Martin Sorrell: advertising man who made the industry's biggest pitch, The Guardian, July 3, 2010
  5. JWT Plans to Celebrate 150 Years With a Focus on the Future, The New York Times, March 9, 2014
  6. Being Direct: Making Advertising Pay, 2nd Edition, Pages 147-151, 2004, The Direct Marketing Association
  7. Impiric changes its name, WPP Press Centre, June 1, 2001
  8. Being Direct: Making Advertising Pay, 2nd Edition, Pages 171-155, 2004, The Direct Marketing Association
  9. "Wunderman (Wunderman Cato Johnson)". Retrieved 2018-11-26.
  10. Advertising Age, Encyclopedia of Advertising Wunderman (Wunderman Cato Johnson) September 15, 2003
  11. / WPP merger-mania unites Wunderman, Possible and Cole & Weber in single office, The Drum, March 13, 2019
  12. Smithsonian National Postal Museum Mr. ZIP
  13. Marketing Legend Lester Wunderman Live on ‘The Alan Levy Show’
  14. Campaign, Harrison Bows Out of HTW by Kate Nettleton, May 24, 2007
  15. Adweek, Daniel Morel, CEO, Wunderman Worldwide, Jury President, Direct Lions, by Kristen Rountree, June 17, 2003
  16. "Eco Moliterno, da Wunderman, será jurado no Festival de NY". Portal Imprensa. Retrieved November 7, 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.