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]
Industry | Advertising, Digital Marketing |
---|---|
Founded | 2018 |
Headquarters | New York City, New York |
Number of locations | 200 offices in 90 markets |
Key people | Mel Edwards (Global CEO) |
Parent | WPP |
Website | www.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
- Wunderman
- "WPP is merging JWT with Wunderman". Ad Age. Retrieved 2018-11-26.
- J. Walter Thompson American Advertising Agency, Encyclopedia Britannica, November 13, 2019
- Sir Martin Sorrell: advertising man who made the industry's biggest pitch, The Guardian, July 3, 2010
- JWT Plans to Celebrate 150 Years With a Focus on the Future, The New York Times, March 9, 2014
- Being Direct: Making Advertising Pay, 2nd Edition, Pages 147-151, 2004, The Direct Marketing Association
- Impiric changes its name, WPP Press Centre, June 1, 2001
- Being Direct: Making Advertising Pay, 2nd Edition, Pages 171-155, 2004, The Direct Marketing Association
- "Wunderman (Wunderman Cato Johnson)". Retrieved 2018-11-26.
- Advertising Age, Encyclopedia of Advertising Wunderman (Wunderman Cato Johnson) September 15, 2003
- / WPP merger-mania unites Wunderman, Possible and Cole & Weber in single office, The Drum, March 13, 2019
- Smithsonian National Postal Museum Mr. ZIP
- Marketing Legend Lester Wunderman Live on ‘The Alan Levy Show’
- Campaign, Harrison Bows Out of HTW by Kate Nettleton, May 24, 2007
- Adweek, Daniel Morel, CEO, Wunderman Worldwide, Jury President, Direct Lions, by Kristen Rountree, June 17, 2003
- "Eco Moliterno, da Wunderman, será jurado no Festival de NY". Portal Imprensa. Retrieved November 7, 2016.