Rebranding Effort Announces Launch of Marketing Service Provider Mediahub by Post
Claudine Patel, the new Chief Marketing Officer (CMO) of Post Consumer Goods, has announced that changes are ahead for the company known for producing popular cereals like Fruity Pebbles and Honey Bunches of Oats. The specifics of these changes have not been detailed, but it is clear that Post Consumer Goods is aiming to future-proof its media mix.
The company plans to achieve this by adopting an integrated, customer-focused omnichannel marketing strategy. This strategy will deliver clear, relevant, and personalized communications to customers across multiple channels, meeting their expectations for personalized and timely messages, especially during peak retail periods. The goal is to build trust, loyalty, and engagement by serving customers’ needs rather than just increasing channel count.
IPG's Mediahub has been appointed to manage Post Consumer Goods' media duties, which include managing roughly $25 million to $35 million in paid media investments. Mediahub will employ strategic media mix modeling (MMM) to optimize the total media budget allocation across channels and tactics, ensuring that paid media investments are allocated efficiently to drive the best outcomes in a dynamic and customer-centric media landscape.
One of the significant changes for Post Consumer Goods involves significantly reducing its linear TV spend. This shift reflects the company's recognition of the importance of digital channels in today's media landscape.
Post Consumer Goods managed the media review process internally, a departure from its previous relationship with Publicis' Spark Foundry. Spark Foundry did not defend the business during the media review process, marking a significant change in the relationship between the two parties. Spark Foundry declined to comment for this specific story.
The media review for Post Consumer Goods began approximately four months ago and resulted in the appointment of IPG's Mediahub to manage its media duties. It is worth noting that IPG's Mediahub was not involved in the initial media review process, while the incumbent agency, Publicis' Spark Foundry, did not participate in the final selection.
Sources familiar with the review told Adweek about Spark Foundry's non-defense of the business. This news underscores the competitive nature of the media industry and the constant need for companies to adapt and evolve to meet changing consumer behaviors and preferences.
[1] Adweek
[4] AdExchanger
Post Consumer Goods is leveraging technology to future-proof its media mix by adopting a customer-focused omnichannel marketing strategy, managed by IPG's Mediahub, who will optimize the allocation of $25 million to $35 million in paid media investments through strategic media mix modeling (MMM). This shift in strategy, which includes reducing linear TV spend, signifies the company's recognition of the importance of digital channels in the modern business, finance, and technology landscape.