Alison Weissbrot
Feb 18, 2021

Slack hands global media AOR to Mediahub

The workplace messaging app, recently acquired by Salesforce, spent more than half of its fiscal Q3 revenue on sales and marketing.

Getty Images
Getty Images

Workplace messaging platform Slack has awarded its $40 million media agency of record account to Mediahub after a review, Campaign has learned.

The account covers all media strategy, planning and buying across channels in North America and Europe, Slacks two largest markets, according to sources familiar with the pitch.

The review was not led by a consultant and it’s not clear who else participated. Mediahub declined to comment on the win.

Slack is looking to ramp up its marketing spend after its service rose to even greater prominence during the pandemic, while many people continue to work from home.

The platform, launched in 2013, has always been a big marketing spender. The company spent $119 million on sales and marketing expenses in Q3, totaling more than half of its $234 million in overall revenue for the quarter.

This year, Slack upped the ante on its marketing strategy as Microsoft Teams, Google Workspace and similar products from other tech giants began to gain steam during the pandemic.

After being acquired by Salesforce for almost $28 billion late last year, Slack is looking to do a big marketing push in Q1, according to sources familiar with the company’s plans.

Slack did not reply to requests to comment.

Source:
Campaign US

Related Articles

Just Published

5 hours ago

Almost half of marketers plan creative or media ...

Creative agencies are most likely to be reviewed in the next year.

18 hours ago

Australian Podcast Awards 2024 crowns Podcast of ...

ABC's 'Ladies, We Need To Talk' took home the top gong, alongside winners from across the country.

23 hours ago

João Braga joins Publicis Groupe Hong Kong as ...

Braga relocates to Hong Kong after serving for three years as the national chief creative officer at Wunderman Thompson Australia across three offices.

23 hours ago

How marketing helped Chinese apps and games to ...

Campaign explores the factors that have propelled Chinese apps and games—such as Black Myth: Wukong, Temu, Shein, and TikTok—to international success, and the insights marketers can leverage from their success stories.