In the latest edition of the highly regarded Network Diagnostics report from the Research Company Evaluating the Media Agency Industry (RECMA), OMD Worldwide has been named the best performing global media network overall and has also earned the best score in “structure” which looks at the resources of the agency in digitalized and diversified service and client portfolio. RECMA also noted that OMD has one of the best ‘Relationship Stability’ scores among 17 international networks, “showing high loyalty among their clients.”
The report evaluates media agencies’ strengths and weaknesses across 19 criteria, spanning 700 media agencies in 47 countries. Key evaluative points include new business balance, competitiveness in pitches, specialized experts’ capabilities, or client portfolio.
Index discloses the distance to the leader to enable easy comparisons. Network 1 = index 100; Network n°2= ratio between network n°2 and the leading network in points.
The ranking follows a three-year organizational transformation that began with us realigning our offer and operations around a brand promise of Better decisions, faster, leading to 13 consecutive quarters of new business growth, and fueled OMD’s leap to first place in the RECMA Diagnostics Report.
As a result, in 2020 OMD was uniquely positioned to quickly pivot to help many of the world’s biggest brands respond to the pandemic, delivering the tools, technology, and talent that enabled marketers to not only protect but also grow their businesses in the midst of global disruption.
Early in the crisis, we launched the Fast Start Dashboard (FSD) to help clients quickly learn from and act upon data signals at scale and speed. Underpinned by the Omni marketing operating system, the FSD delivered real-time visibility, on a market-by-market basis, into critical data points around recovery and readiness – including key market signals on consumer sentiment, and the media supply chain – providing an actionable framework for clients to determine when, where and how much to invest. Housing over 1.5 billion data points from more than 35 data partners, the Fast Start Dashboard made real-time data intelligence accessible at a keystroke, providing visibility into where a market sat on the pandemic curve – rising, flattening, or receding – that gave clients the information they needed to quickly identify and leverage emerging trends and available media opportunities, and connect with their customers in highly relevant and authentic contexts.
“For the past 12 months, while most of the industry was focused on getting through the crisis, OMD was looking ahead to how we could help our clients win the crisis, and lead in the new normal that will emerge from it,” says OMD Worldwide CEO Florian Adamski. “This ranking – combined with the best-in-class leap in client confidence scores we’ve seen since the start of the pandemic – affirms that in 2020 OMD delivered performance that mattered, in the year that mattered most.”
On the new business front, OMD added $1.429 billion in new billings while also retaining $578 million in existing business, for a combined win total of $2.02 billion – the highest for any media agency in 2020. Continuing its winning streak, since the beginning of the year the agency has added the Home Depot and Dr. Scholl’s business in the US, the Victorian Government account in Australia, and the Lidl business in EMEA.
Read more on the RECMA rankings via MediaPost.
Read more about the Fast Start Dashboard in The Wall Street Journal.
Read more about OMD’s journey in 2020, here.