Tag: GroupM

  • India will be the fastest-growing economy in 2016: GroupM

    India will be the fastest-growing economy in 2016: GroupM

    MUMBAI: Even as WPP’s GroupM has revised down its global ad investment growth predictions to 4.5 per cent in 2016 ($22 billion incremental) from the earlier 4.8 per cent in its bi-annual global advertising expenditure forecast, the agency has said that India will be the fastest-growing economy in 2016. The agency has raised the 2016 forecast for India by two points to 15 per cent. India is a beneficiary of cheaper oil, as is its Next 11 neighbour Pakistan, which GroupM also upgraded in the forecast.

    For 2015, GroupM predicts ad investment growth of 3.4 per cent ($17 billion incremental) in 2015, which is also below its predictions at midyear for 2015 that stood at four per cent.

    Moreover, Brazil, Russia China and India (BRIC) will represent 23 per cent of measured global ad investment in 2016, a proportion which has grown every year since they began measuring it in 2000, and GroupM continues adding a point a year for the BRICs in its modelled forecast through to 2020.

    The forecast is published in GroupM’s biannual worldwide media and marketing forecast report, This Year, Next Year. The intelligence is drawn from data supplied by WPP’s worldwide resources in advertising, public relations, market research and specialist communications by GroupM’s Futures director Adam Smith.

    “The outlook remains tough. Marketers’ constrained pricing power in a deflationary world, a macro trend, prompts ongoing focus on cost control versus investment and this colors our outlook. Continued strength across the majority of the BRIC and Next 11 countries, notably mainland China, is a highlight of the forecast, but the Eurozone is still struggling to find traction. While our outlook is overall positive, we recognise the downside risks of financial pressures in faster growth markets and the changing profile of China’s external demand,” Smith said.

    Mainland China remains the largest contributor to global advertising growth, but GroupM has revised downward its 2015 forecast from 8.7 per cent to 7.8 per cent, and the 2016 forecast is also slightly reduced from 9.6 per cent to 9.1 per cent. GroupM observes that Chinese consumer demand remains strong, supported by wage growth, urbanisation, property wealth and supportive governmental policy. However, on the external side, less demand for primary resources, less foreign direct investment (FDI), less local tourism, and the impact of domestic goods and services replacing imports are among the top reasons for ad market slowdowns in Taiwan and Hong Kong.  

    Russia is at risk of another step down in the oil price, but absent another shock, a soft Ruble and room to ease rates could assist quick recovery. GroupM expects a short, sharp ad recession of 13 per cent in 2015 followed by two per cent growth in 2016. And despite the Olympic summer, GroupM revises Brazil’s 2016 down from nine per cent to seven per cent. There, household spending continues to shrink as unemployment potentially reaches a ten-year high. 

    The Eurozone now accounts for only 11 per cent of global advertising, and Eurozone consumer price inflation remains near-zero; monetary policy is set to ease just as that of the USA may tighten. Zero ad growth is forecast in France in 2016, and German and Italian annual ad growth for 2016 is anticipated to fall only between one and two per cent. Spain shows the Eurozone’s strongest recovery, but advertising investment in Spain will still be 55 per cent smaller in real terms relative to its 2007 peak. In Europe, outside the Eurozone, high employment and other very positive trends make the United Kingdom the fastest-growing mature ad market in the world and the number three contributor to global ad growth in 2016 behind China and the US.

    In terms of investments across media types, the shift of advertiser investment to digital, of course, remains the biggest trend. GroupM maintains its midyear forecast and anticipates digital growth of 14 per cent in 2016, commanding 31 per cent of global ad budgets. This is a deceleration from the 17 per cent growth predicted for 2015. The slower but ongoing strength of digital springs from many sources including organic take-up, technical innovation, advances in value, viewability and validation, automation and efficiency, better creative work, and the mastery of data.

    “Facebook is addressable and targeted at scale with requisite tools and automation that make it easy for advertisers to understand and use; so it is reaping advertising growth of 50 per cent globally, including Instagram. Organic Google website revenue is growing remarkably fast too at 25.5 per cent, and they have streamlined YouTube into a complement to broadcaster VOD, even if it is not yet a real challenger on price or quality,” said GroupM global president Dominic Proctor. 

    “We see that digital’s data and automation capabilities are inspiring the evolution of all media — in all markets across the globe — but digital will continue its powerful growth and market share gains. This is despite the challenges in the digital space such as viewability, fraud, measurement and currency, all of which we expect to be solved by market forces,” Proctor added.

    GroupM believes 2015 will be the first year that absolute spend in traditional media went backwards in the ‘new world’ (Latin America, Central & Eastern Europe, and Southeast Asia). Only a half-point fall is predicted, but this marks rapid deceleration from the 17 per cent growth recorded as recently as 2010. New world newspaper advertising first went negative for growth in 2012, followed by magazines in 2013. China’s advertiser exodus from TV to digital gave the extra push required to make 2015 a negative for traditional media in the new world. These trends are anticipated to ease slightly in 2016.

    Globally, print media’s share of advertising will stand at 18 per cent in 2016, according to GroupM. Print’s long-standing run-rate of annual loss is slowing from two points of share to one, but GroupM notes it is too soon to call it a stabilization. The medium is embracing digital distribution, but only the strongest franchises are replicating their eminence in the digital domain. Common obstacles include fragmentation, chronic loss of reach, and lack of common standards in audience measurement and trading.

    Traditional TV continues to stand up well. TV accounted for nearly 44 per cent of global ad investment at its peak in 2012; since then it has shed about a point a year. China is responsible for most of this loss because TV advertising became more rationed and regulated while the digital ecosystem grew by leaps and bounds. The USA by contrast is perhaps the least-regulated and most competitive TV ad market, and its TV ad revenue share loss is less than the global average. It would look even healthier if its digital gains were properly consolidated with its traditional linear top line.

    “TV’s share is rising in almost as many countries as it is falling and contributors to the forecast identified three themes of untapped potential: relaxing regulation, improving the quantity and quality of VOD ad inventory, and format innovation. But every medium is in the midst of transformation; some to accelerate growth, others to decelerate share losses; and GroupM, as ever, plays a central role with the voice of the advertising customer to help shape the market to the advantage of our clients,” added Proctor.

  • GroupM ups U.K. ad growth forecast to 7% for 2015 & 2016

    GroupM ups U.K. ad growth forecast to 7% for 2015 & 2016

    MUMBAI: U.K advertising spending in 2015 is anticipated to grow by seven per cent, and in 2016 GroupM predicts strong demand for digital advertising will usher another year of strong advertising growth (also seven per cent), pushing total U.K. advertising investment above ?17 billion. 

    The new GroupM forecast released raises the prior 2015 estimate by one point (six to seven per cent) and raises the 2016 outlook by two points (five to seven per cent).

    If GroupM’s forecasts prove accurate, 2016 will mark the fifth straight year in which U.K. ad spending has outpaced the Kingdom’s gross domestic product (GDP) growth (2012-2016). The U.K. is again the fastest-growing mature advertising market worldwide and is among the world’s fastest-growing markets full stop.

    “Digital technology and media platforms continue to expand the role media plays in marketing and as a result media investment is both growing and shifting. Digital advertising represents a tremendous opportunity for clients to create more targeted media campaigns that activate consumers, but it has also added enormous complexity and our group continues to solve this with strategy, innovation and investment. The year ahead is a promising one for growth of overall media investment as we work with clients to tap into empowering economic trends we see empowering U.K. consumerism,” said GroupM, United Kingdom CEO Nick Theakstone. 

    GroupM identified a number of economic factors underpinning its U.K. predictions. The nation currently enjoys the highest recorded employment rate in its history with 74 per cent of the working-aged populace in jobs. Additionally, workers’ real wages have risen near to their 2008 peak, while consumer-price inflation has not similarly risen, at least not yet. Low energy prices and property wealth are additional tailwinds for a very positive outlook on U.K. consumerism, and as a result GroupM believes U.K. consumers will be spending more next year. U.K. advertisers will marshal their efforts to seize this opportunity with a strong increase in media investment.

    GroupM’s forecasted distribution of advertising investment growth across media formats is detailed below:

    With this updated forecast, GroupM introduces a new category dubbed ‘Pure-Play Internet,’ which is ‘Digital’ minus TV and print content repatriated back to its parent media. This allows for broadcaster VOD and digital platforms to be considered together with ‘TV,’ and likewise for print media to have the benefit of their digital assets when viewing the pace of their contraction.

    GroupM believes this more sober view of how ad investment is shifting across categories better supports industry dialogue and trend analysis. However, while delineating Pure Play Internet gives legacy media a fairer consideration, the impact is slight on the still rapid growth of the internet category which is estimated to be 13 per cent in 2016. On like-for-like comparison, this is a slight deceleration from 2013 to 2014, but Pure Play Internet will still grow far faster than second-fastest-growing TV which will realize 7.4 per cent growth in 2016. It should be noted that the growth performance of TV is strong in its own right, and the prediction holds for a fractional share gain in 2015 and 2016.

    “The influence of digital is everywhere. It suggests that legacy media channels must think and behave like media brands or what could be dubbed ‘audience brands.’ Digital’s influence is also pulling trading toward a more common GRP basis versus the idiosyncratic variety of the present, creating urgency to discriminate between correlation and causality, and driving demand for better reporting standards,” said Futures director Adam Smith. “With this year’s U.K. forecast we seek to make better sense of the investment trends across categories with ‘Pure Play Internet.’ We feel this is essential as content continues to rise with the browsing appetites of our increasingly digital culture.”

  • Tanushree Radhakrishnan returns to ZenithOptimedia as SVP

    Tanushree Radhakrishnan returns to ZenithOptimedia as SVP

    MUMBAI: The ZenithOptimedia Group is expanding and consolidating its digital operations in India. The global media services network has recently hired media veteran Tanushree Radhakrishnan, who was serving GroupM India earlier, as MEC North digital head.  Radhakrishnan will report to Zenith Optimedia Group, digital companies Performics and Resultrix, MD Tanmay Mohanty. 

    This is her second innings with the ZenithOptimedia Group. She was previously employed with the organisation between 2008-2013 and was instrumental in the phase when Resultrix was being integrated into the group.

     

    Mohanty says that Radhakrishnan will help the group deliver holistic value to the clients and develop a 360-degree offering basket in line with the Live ROI philosophy. “The group is witnessing unprecedented growth all around, whether it is increase in spends from existing clients, the rush of new business or talent. Be it the setup of a media technology division in Bangalore this year or the launch of Performics Mobile last year or the Centre of Excellence teams, there is a lot of vibrancy and energy flowing within, and I am sure that Radhakrishnan will now be a part of it. She has rich and varied experience across all key verticals of digital marketing and we are delighted to have her on board. Her real strength lies in delivering high ROI for clients.” He explains.

    Radhakrishnan concludes, “After having spent fantastic five years during my earlier stint, I’m excited to be back with the ZenithOptimedia Group. Performics is one digital organisation that really invests into its products and has the best in class tools and technologies. So am really thrilled about setting up and leading their Programmatic offering and Product Standardization, which is the need of the hour and will help us add value to our clients. It’s indeed a splendid opportunity to work with people who have a great vision and contribute to bring the ZOG Live ROI philosophy to life.”

  • Maxus recruits Vidur Patney and Pooja Verma with strategic roles

    Maxus recruits Vidur Patney and Pooja Verma with strategic roles

    MUMBAI:  Maxus, a global marketing communications consultancy firm under the GroupM umbrella, has announced two key appointments for its specialist units. Vidur Patney is roped in as the national director experiential marketing and Pooja Verma will be the head of Maxus ESP.

     

    In his career span of eighteen years, Patney has worked with leading agencies like Dentsu Communications Private Limited, Encompass Events Private Limited, and 212 Traders etc. He was with Globox Media Private Limited before being absorbed by Maxus. He has handled important and significant clients in all his earlier stints and brings to the table a proven ability to manage key account relationships and large-scale projects.

     

    Earlier with leading multi-nationals like Disney, BASF,etc. Pooja Verma has been involved in building engagement as a part of content strategy through communication, branding, marketing and citizenship initiatives, for nearly 15 years. In her last role she was the director of marketing and communication for Make-A-Wish based in Singapore.

     

    Talking about the two new appointments Maxus South Asia MD Kartik Sharma asserted, “The appointments of Vidur Patney and Pooja Verma reflect Maxus’ commitment to attracting the best and brightest talent to our agency. They both are reliable leaders with robust backgrounds in experiential marketing and content marketing respectively. Both of them will fit very well within our strongly established client-driven culture and marketing culture and we are sure they will achieve even higher success with Maxus.”

     

    Elaborating on this development, Vidur Patney said, “The media landscape is possibly at its most dynamic state today. It’s a time of rapid and big changes. With the vision that Maxus has, and the kind of work that they do, my decision making became that much easier. Maxus is going from strength to strength; I’m excited to be a part of this growth oriented organization and being present while we achieve greater heights of success.”

     

    “Maxus ESP is in a unique position to tell our client’s stories through differentiated content and associations with leading entertainment, sports and live properties. As MAXUS ESP gears up to the next level, I am privileged to lead this award winning team in its mission. I look forward to utilising all that I have learnt working with multinational brands in enabling the team to build an imaginative and successful body work for our clients”, adds Pooja Verma on her new appointment.

  • Motivator appoints Maulshree Joshi as National Creative Director

    Motivator appoints Maulshree Joshi as National Creative Director

    Mumbai:  GroupM ‘s media agency, Motivator has appointed Maulshree Joshi as the national creative director. Maulshree will be reporting to Rabe Iyer, the Managing Director of Motivator. Henceforth, she will be working closely with the organisation’s business teams and senior client leads. 

     

    Joshi had been serving Group M since 2007 as the creative head (Content). She has scripted and conceptualized some award winning campaigns and shows in her career, which includes Group M’s first AFP show Mallika-e-Kitchen, the Boost Sachin Anthem which achieved the fastest ever million digital views of any branded content in India, Alpenliebe Magar Ke Nagar – India’s first virtual reality show on DD, radio campaigns by Pepsi, and many others.

    Speaking on the new development, Iyer said, “Maulshree comes in with a unique advantage of creative craft and a decade of experience, working with planners, traders, media owners, creative artists, directors, visualisers, digital communication planners, mobile specialists, CRM experts and expert data analytics personnel in the top agency network of India. Our endeavour is to consistently execute creatively, ideas for our brands on the back of our data centricity and globally backed grasp of the emerging digital world; Maulshree is best poised to contribute to it.”

    Maulshree Joshi also commented on her new role. “Today data and content are the two key pillars of any successful brand communication and I have been fortunate to work with clients who were the early-adopters to acknowledge the importance of content. I am now immensely delighted to be a part of Motivator and looking forward to contribute ‘content-fully’ towards its aggressive growth in the industry.” She said.

    Motivator has been one of the fastest growing agencies in India on the back of integrating multiple disciplines and practices. The agency’s current client base includes Havells, Honda Cars, Redington and Ingram, Himalaya Consumer Division, Ola Cabs, Essilor, Yamaha, LIC, Hungama.com, Bajaj Finserv, Kalyan Jewellers, Pepperfry.com and Hike Messenger.

  • GroupM names Brian Lesser as CEO, North America

    GroupM names Brian Lesser as CEO, North America

    MUMBAI: WPP’s GroupM has appointed Brian Lesser as CEO for business in the US and Canada.

     

    Lesser was previously Xaxis global CEO. He succeeds Kelly Clark, who will be transitioning to a new advisory role focused on strategic initiatives with clients and specialty businesses over the coming months.

     

    With this, Brian Gleason will succeed Lesser as Xaxis global CEO.

     

    In concert with these changes, GroupM global chief digital officer Rob Norman adds the position of chairman, North America to his responsibilities.

     

    The new roles for the two executives reflect GroupM’s certainty that the future of media-driven marketing is inextricably tied to data and technology. Key investments and partnerships over the past several years that support this positioning include WPP’s investments in comScore and AppNexus; GroupM’s and Kantar Media’s partnership with Rentrak; more recent alliances with BuzzFeed and Networked Insights; introduction of the industry’s first data management platform and first programmatic audience platform; introduction of Modi Media, the first fully-formed advanced TV specialty business delivering addressable TV ads at scale; and numerous progressive positions on digital ad viewability and measurement that are focused on raising the bar for effectiveness and trading currency.

     

    While driving advancement in North America, Lesser and Norman also each continue serving on GroupM’s global executive committee, led by GroupM global president Dominic Proctor and global chairman Irwin Gotlieb.

     

    “Brian will be a huge part of our future and his appointment reflects our values and ambition, as well as WPP’s drive to achieve 40-45% of revenues from digital in five years. Our future is being built on tech, data, talent and scale.  Brian absolutely gets that and is perfectly suited to help us shape that future to best serve advertisers.  We’re very fortunate to have him leading our business in the world’s biggest market,” said Proctor.

     

    “GroupM has continuously evolved with clients through major shifts in the media landscape and consumer behavior with data and technology having always been part of the value proposition. GroupM has challenged convention and forced dialogue on important issues to help clients be more successful. I’m humbled and grateful to have an opportunity to help continue this legacy at this time when complexity is more profound than ever,” added Lesser.

     

    “This is an exciting time for our company. We have many successes to count and new marketplace challenges to conquer, but above all, we have the strength of our agency brands, our specialist enterprises and our increasing differentiation in the management and application of data that leave us exceptionally well-positioned for the future. I’m energized by the road ahead and excited to work with Brian and our colleagues on the executive committee for the next chapter,” said Norman.

  • Motivator ropes in Rajiv Khurana as national head – biz development & partnerships

    Motivator ropes in Rajiv Khurana as national head – biz development & partnerships

     

    MUMBAI: GroupM’s Motivator has appointed Rajiv Khurana as national head – business development and partnerships.

     

    Additionally, he has also been named as the general manager – North for Motivator.
     
    Khurana will be responsible for building business development programs and identify strategic business verticals and categories that Motivator local offices can take forward.
     
    In his role as national head, Khurana will report to Motivator MD Rabe Iyer, whereas in his capacity as general manager, he will report to Motivator chief growth officer V Narayanan.
     
    Iyer said, “Motivator leanings are towards delivering the business performance for our clients, Rajiv fits that line of thinking very well both, with his varied experience and his ability to lead change. We are looking forward to his addition on the team.”
     
    Narayanan added, “It’s great to have someone of Rajiv’s caliber on board. We value his sense of initiative, business thinking and his rich skills set, which will help transforming our product offering to our clients.”
     
    In his previous role as Maxus client leader, Khurana led a portfolio of brands such as Paytm, Unicharm, Max Bupa, TV Today group, Air France and Nikon.
     
    Speaking on his new role, Khurana said, ““Motivator is one of the fastest growing agencies within GroupM. They have a local offering full of potential, a strong client portfolio, a rich culture and great people. I am excited to be joining the team and closely collaborate to achieve greater heights for the company.” 
     
    Prior to joining Maxus, he has Dentsu MEA vice president. He has also had stints with Grey Worldwide (MC) as regional planning director, MENA and Mindshare as the business director.
  • GroupM & Google’s Grand Diwali Mela gets AskMe Bazaar as title sponsor

    GroupM & Google’s Grand Diwali Mela gets AskMe Bazaar as title sponsor

    MUMBAI: Making the online Diwali festival initiative bigger and better this year, GroupM with along with Google has roped in AskMeBazaar.com as its new title sponsor.

     

    Brands that renewed their partnership with the Grand Diwali Mela this year are Lakme, Horlicks, Kurkure and Hungama.com, whereas Eno and Godrej Securities have come on board as the new partners.

     

    Last year, the Grand Diwali Mela received over 5.5 million visitors in a course of 30 days. Over 125,000 hours were spent browsing various online stalls in the mela. These stalls included products, food items, pooja needs, gaming and entertainment. The Grand Diwali Mela emerged as the largest online sampling platform for brands wherein over 150,000 samples were shipped across India, with 70 per cent sample orders going to Tier 2 and Tier 3 towns. The samples ranged from make-up, skincare and household products.

     

    Askmebazaar.com will be offering a host of deals at the Grand Diwali Mela with discounts on home appliances, mobile phones, fashion apparels, home décor and personal care products.

     

    For the spiritually inclined, this year the ‘Grand Diwali Mela’ has the option of offering prayers and receiving ‘prasad’ from a number of temples across India. As Diwali is also about greeting loved ones, the Grand Diwali Mela will also offer the facility to send online festive greetings showing your ‘namkeen’ side with fun greeting cards from Kurkure.

     

    Talking about the sponsorship, Askmebazaar digital strategy group CMO and head Manav Sethi said, “We are excited to be the presenting sponsor of Grand Diwali Mela 2015. One of its kind virtual mela; one stop destination for entertainment, best deals and best brands in the biggest festive season of India. A truly immersive experience in one destination for consumers. This year look forward to the BIG deals everyday delivered at your doorstep. From furniture to fashion, AskmeBazaar has curated the best deals to ensure every home lights up this Diwali. Askme Group looks forward to India joining us on the GDM, 2015; the biggest mela of the year!”

     

    On the second season of the Grand Diwali Mela, GroupM South Asia CEO CVL Srinivas said, “After the success of the Grand Diwali Mela in year one, we are excited to bring the online festival back again this year. We have a new naming partner on board AskMe.com as well and a range of new brands and products for consumers to choose from.”

     

    Speaking about the reach of the festival, Srinivas added, “With GDM, we were able to create a great platform for consumers to come and sample products and interact with brands. Last year we saw a clear spike in terms of mobile usage to access the Grand Diwali Mela. With a clear focus on taking the festival to not just metros, but also tier 2 and 3 towns, where the mobile phone is their window to the world, GroupM and our partners are integrating traditional print, TV and radio with mobile and digital marketing.”

     

    “Grand Diwali Mela organised by GroupM emerged as India’s largest online brand activation initiative during the festival season last year and surpassed any offline brand activation initiative in the country. As more and more consumer products companies embrace the Internet to drive sampling and consumer engagement, we’re delighted to partner Group M to scale this initiative further and help brands make the most of the opportunity online,” asserted Google SEA & India director agency business Punitha Arumugam.

     

    Hungama.com, has come back on board as one of the partners of the ‘Grand Diwali Mela’. Last year Hungamam.com gave users access to films from its  Indian and International movies catalogue. Users could also create a Grand Diwali Mela playlist of popular Bollywood numbers. This year, Hungama.com brings on board ‘Hungama Play’ – its premium video on demand (VOD) service via the Grand Diwali Mela 2015.

     

    Besides this, the Grand Diwali Mela is also running contests with prizes to be won.

  • Mindshare launches emerging markets growth hub – FAST

    Mindshare launches emerging markets growth hub – FAST

    MUMBAI: Mindshare APAC has launched FAST Hub (Future Adaptive Specialist Team) in Singapore, supported by EDB, to enable brands to benefit from the growth opportunities appearing in emerging markets.

     

    FAST brings together the best of WPP as well as industry leading companies and products including GroupM, Kantar, WPP Data Alliance, CrayonData and Jivox, to build sector specific solutions to enable marketers to use real time insights to drive real time marketing and media actions, including hyper-targeted content creation and distribution.

     

    The launch is a response to the increase in data availability and the parallel rise in data and technology led marketing opportunities such as programmatic and performance advertising that leverage this data.

     

    Targeting the consumer packaged goods (CPG), banking, consumer healthcare, telecoms and automotive sectors, FAST will allow clients to adopt and implement adaptive marketing strategies covering programmatic, performance marketing, customised data alliances, digital analytics, data management platforms (DMP) and real-time marketing.

     

    The Singapore FAST hub is anticipated to grow to a 63 members outfit over the course of the next three years, and the six teams will lead the product development for this suite of services for all growth and emerging markets for Mindshare’s clients, wherever they are in the world.

     

    Mindshare Asia Pacific COO Gowthaman Ragothaman said, “The industry is still grappling with a deluge of data. We want to help simplify this for our clients and provide them a bespoke solution that solves their business problems. The role big data plays for a CPG company is totally different to the influence it has on the banking sector or auto industry. Our ability to provide customisation is one of the key differentiators for FAST.”

     

    Mindshare AMEA, Russia & Emerging Markets chairman & CEO Ashutosh Srivastava added, “The talent to drive these services is scarce, but Singapore provides FAST with a thriving ecosystem for learning and development. Together with EDB’s support, this will immensely benefit Mindshare and our clients, help brand marketers find more effective and profitable opportunities for growth, and also develop young Singaporean talent for the data-driven marketing world. For the young talent, this is a great opportunity to work together with some of the brightest minds in the business, and do the best work of their career.”

     

    Commenting on this partnership, Singapore Economic Development Board assistant managing director Kelvin Wong said, “When you look at how mobile, social and e-commerce are changing the behaviour of Asia’s consumers, it is clear that brand owners are turning to their agencies with a very different set of needs. Mindshare, by centralising a suite of data, technology and domain-centric capabilities, is well poised to serve global clients who require specialised expertise in the growth and emerging markets. We welcome the establishment of Mindshare’s FAST hub, and look forward to building Singapore’s digital marketing ecosystem from strength to strength.”