Jenny Chan 陳詠欣
Feb 25, 2013

OMD wins China Guangfa Bank's full media business

GUANGZHOU - OMD has won new business from China Guangfa Bank (CGB) to handle media planning and buying, after a competitive three-way pitch against Mindshare and Carat.

OMD wins China Guangfa Bank's full media business

The pitch started in November 2012, with the scope of work won covering non-CCTV media planning and buying for the client's corporate brand image, as well as personal banking and credit card products.

“CGB has taken up a significant proportion of advertising in local areas, with its adspend ranking among the top positions of local corporations,” said SiewPing Lim, CEO of OMD China.

The win represents one of OMD's major accounts in the Guangzhou office, Lim added.

Danny Xu, managing director of OMD Guangzhou, added that digital media is one of the main focuses of CGB, which OMD will be supporting with its "powerful analyzing ability and comprehensive data collection methods in the commercial realm".

The agency's "models and structures", such as real-time bidding (RTB) techniques and a dedicated ad monitoring team played a role in its selection, according to Xu.

CGB is headquartered in Guangzhou. Its creative agency is currently Y&R.

Source:
Campaign China

Related Articles

Just Published

3 hours ago

Meta’s ad billings propel 27% revenue surge

The tech giant has more than doubled its revenue from AI-powered ad tools. However, it expects lower revenue for the second quarter.

3 hours ago

What Swifties can teach CMOs about the internet

Marketers could learn a thing or two from Swifties’ understanding of the internet's machinations and willingness to learn more for the sake of their idol.

7 hours ago

McCann Worldgroup China MD exits

Shu Wu has left the network to join the client side.