Does Dell still needs its own Ad Agency?
December 30, 2008
We wanted to take the time out today to celebrate the 700 days left with the WPP group plc / Dell Advertising Agency agreement. Exactly 395 days, 13 hours, 6 minutes, 39 seconds Dell signed a 3 year, 4.5 billion dollar Advertising agreement with WPP group plc.
The concept was to take the entire Advertising Budget for Dell, and dump it into one newly formed ad agency. At the time it made little sense, and now it makes even less sense. Ad spends overall have taken a dump of epic proportions, and the question is if Dell now needs it’s own ad agency during the second great depression as it appears we are entering into at an ever increasing rate.
The contract between Dell and WPP is set to expire in 700 days, 11 hours, 24 minutes, 9 seconds. Enfatico went out and took out 10 year lease for their expensive Manhattan offices that however will expire in 2,900 days after the current Dell contract is over.
Leaving a shortfall of just under 8 years between the end of the Dell contract, and their lease.
The agency has fallen off the blogging radar over the past several months due the economic crisis, however in light of the downturn it’s undoubted that more pressure has been placed on Dell to increase sales, which in turn allows for a pretty fair bet that the pressure has fallen on Enfatico as well… both in terms of it’s performance or even it’s very existence as Dell’s advertising agency.
If those thousand or so WPP group plc employees are let go, it would be just a footnote in the long list of layoffs that we are currently seeing happen across the planet.
Comments
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Global 100
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Global 100
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http://www.tribbleagency.com/ TheFounder
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http://www.tribbleagency.com TheFounder
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Juli-anne
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Juli-anne
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http://www.tribbleagency.com/ TheFounder
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http://www.tribbleagency.com TheFounder
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http://www.tribbleagency.com/?p=3679 Mark Jarvis dropped from payroll : Tribble Ad Agency : The Advertising Agency of Record
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http://industry.bnet.com/advertising/1000472/with-second-dell-client-exec-gone-enfatico-must-prove-itself-in-2009-cheaply/ With Second Dell Client Exec Gone, Enfatico Must Prove Itself in 2009 — Cheaply | BNET Advertising Blog | BNET
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http://www.oppomobile.cn/index.php/2009/01/01/with-second-dell-client-gone-enfatico-must-prove-itself-in-2009.html 五味 » Blog Archive » With Second Dell Client Gone, Enfatico Must Prove Itself in 2009


