| MUMBAI:
It is a win that came after a six-month evaluation process. Mindshare has retained
its Unilever account for South Asia, including India, the US, Canada, Western
Europe and South and Central Europe. The
FMCG giant will, thus, split its $5 billion global media business between Mindshare,
Interpublic Group (IPG) and Omnicom Media Group (OMG). It
could not be independently verified how much was the size of the India account.
Hindustan Unilever Ltd, however, spent Rs 17.65 billion on advertising and promotion
for the first three quarters of this fiscal in India, up from Rs 12.41 billion
a year ago. Mindshare
gets to handle the India account once again at a time when the margins of HUL
are squeezed and its market supremacy in many products are threatened. The FMCG
major has been fighting back and has increased its ad spend while it is eyeing
the premium brands to widen its margins. HUL
is the top advertiser under FMCG sector on television during the calendar year
2009. It accounted for 19 per cent of FMCG sector's TV ad pie in terms of volumes,
while Reckitt Benckiser (India) Ltd grabs the second spot with a share of 7 per
cent. Ponds
White Beauty, Clinic All Clear Tech Soft and Dove Hair Fall Therapy System, all
from the HUL stable, are the top three new brands of FMCG sector advertised on
TV during 2009 in terms of secondage consumption, according to Tam data. |