PepsiCo hands global media to Publicis amid transformation at CPG giant
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The agency will stand up a One PepsiCo global media operating model to support the account previously handled by Omnicom. PepsiCo's appointment of Publicis comes as the CPG marketer transforms its media model for "the next era of marketing," including by integrating "media strategy, planning, activation, data, connected identity and technology across markets," the company said over email. In supporting those goals, Publicis is standing up a One PepsiCo global media operating model that will help PepsiCo with improved decision-making across earned, paid and owned channels while driving greater consumer impact and productivity. Publicis scoring PepsiCo's global media account marks a major win for the company, which has consistently outperformed agency peers thanks to a steady stream of new business. The news could also be read as something of a surprise given that the network is in the running for Coke's global media behemoth, a race where it will now likely withdraw, reports indicate. Publicis last year delivered a blow to WPP by snagging Coke's media and data business in North America following a closed-door review. Publicis did not immediately respond for comment on the PepsiCo win. Losing PepsiCo's global media could rattle Omnicom, which has handled aspects of the business for decades and is navigating a complex integration after acquiring rival Interpublic Group last...
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