Tuesday, August 25, 2009

August 25, 2009 Entry 1

Kellogg Eyeing Agency Roster Cut From 30 Shops to Five

Companywide Push Led by Procurement Division

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CHICAGO (AdAge.com) -- Kellogg Co. is the latest major marketer to seek to consolidate its ad agency roster during the downturn.

The breakfast behemoth is hardly alone in looking to slash shops from its roster, as marketers such as Anheuser-Busch, Bayer and Emirates Airlines have all done so this year in bids to control costs and, in some cases, to clarify marketing messages by having fewer cooks concoct them.

The Kellogg effort, known internally as "Project Silver," is part of a companywide push led by its procurement division to control costs and designate "preferred vendors," according to people familiar with the matter.

One executive said the company is looking to cut the number of ad agencies with which it works to possibly as few as five or six, down from the 30-plus it works with currently.




See full article here: http://adage.com/agencynews/article?article_id=138654



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