Benjamin Li
Nov 20, 2013

Coca-Cola China in talks with agencies for major 2014 projects

SHANGHAI - Coca-Cola China has invited a number of creative agencies to present ideas for major mainland projects in 2014.

Coca-Cola China in talks with agencies for major 2014 projects

However, Stephen Drummond, senior director of integrated marketing and communications for Coca-Cola Greater China clarified that the company is not pitching its core creative business. He said that Leo Burnett remains the lead creative partner.

Drummond was not able to provide details of the projects but said "it is quite normal for us to involve several agency partners" when planning a major project. “This reflects both the scale of these projects and the complementary skillsets required in today’s complex media world,” he said.

He noted that the ‘Share-A-Coke’ campaign, which recently won the Grand Prix in the China Effies, involved seven agency partners, including Leo Burnett, Isobar, Admaster, Starcom, Social Lab and a local agency under Grey.

According to a Bloomberg article published 8 November, Coca-Cola plans to invest more than $4 billion in China from 2015 to 2017 as it builds factories and adds new products to meet demand and counter rising competition. The article noted that Coke and is also open to acquisitions in China and may consider deals with complementary businesses, such as makers of juices or plant-protein drinks like almond milk.

DDB recently won creative duties for a major 2014 project for Pepsi.

Source:
Campaign Asia

Related Articles

Just Published

6 hours ago

Omnicom cut 3,000 roles during 2024 ahead of IPG ...

Total headcount fell 1,000, as job reductions more than offset acquisition of 2000-strong Flywheel, and agency group plans further staff cuts to save US$330 million.

8 hours ago

40 Under 40 2024: Tala Booker, Via

What does it take to build a global communications agency in a year? Ask Tala Booker, the former HSBC executive who's rewriting the rules.

9 hours ago

Majority of marketers are unprepared to combat ...

A report from Forrester highlights the risks that companies face from deepfakes, as well as the current inadequate state of preparation to combat the problem.

10 hours ago

The unbearable cost of truth

As information retreats behind paywalls and attention splinters into subscription tiers, advertising faces its terminal paradox: We've made truth so expensive that soon, no one will be left who can afford to buy what we're selling.