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The objective of the pitch is not to award the entire advertising
business of the SingTel Group (including its overseas operations)
to one agency. At the same time SingTel is keen to see how it can
leverage the global network of the selected agency to reap economies
of scale and to benefit from the agencys creative and strategic
resources from elsewhere in the region.
The six agencies were issued the pitch brief last month. They will
shortly be presenting to SingTel representatives with a shortlist
selected for a second and final round. SingTel expects to make its
selection and appoint the successful agency/agencies by September.
SingTels director for corporate brand marketing Mabel Tay
added, SingTel operates in a highly competitive industry where
change is constant. A key component of our business philosophy is
to strive for constant innovation, not just in terms of new services
introduced, but, just as importantly, how we communicate the value
we offer to our customers. We do this through many ways including
effective and creative advertising.
The SingTel brand has been recognised as one of the most impactful
and valuable brands in Singapore. It has been named the Most Valuable
Singapore Brand two years in a row at the Singapore Brand Awards.
It recently emerged as Singapores leading telecommunications
brand in the Readers Digest SuperBrands 2004 survey which
polled consumers on five criteria. These were quality, value, trustworthiness,
strong image and understanding of customer needs.
Tay added, We expect competition in this industry to remain
relentless. Going forward, SingTel will continue to employ its reputable
brand as a strategic marketing tool to develop competitive advantages.
The agency we choose will be our important brand partner. It will
be creative and yet strategic, with unrivalled ability, experience
and expertise to help SingTel maintain its mindshare and leadership
position.
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