Wednesday, June 19, 2024

Goodman Fielder consolidates brand and retail media business

Goodman Fielder has formally extended Initiative’s remit appointing the agency across its retail marketing business, traditionally the domain of the business’ sales division. Initiative has worked with Goodman Fielder since 2020, and has been the media agency for Goodman Fielder’s ATL media including strategy, planning, buying, implementing and reporting.

Initiative Sydney Managing Director Jo McAlister.

Initiative Sydney Managing Director Jo McAlister says the fundamental shift in the way Goodman Fielder is approaching its brand and retail trade marketing is a gamechanger; and Initiative’s team is thrilled to have the ability to take a more universal approach to investment, allowing best practice of having ATL, at-shelf and at-home to seamlessly work together.

“Combining brand and retail has been proven to provide Goodman Fielder with the strongest integrated media product possible. The work we collectively delivered for the widely recognised Wonder Recycling Rewards campaign shows the closer these two worlds are, the stronger the results,” Ms McAlister said.

“It astounds us that less than 5% of retail media investment is managed via media agencies, a statistic Australia is lagging behind mature markets, we feel it’s an untapped opportunity for brands to create an unfair advantage. The sharing of insights and opportunities, better orchestrated OESP activation and optimisation is critical to maximising effectiveness across the entire funnel.

“We will harness the full capabilities of Cartology, Coles 360 and others, while leveraging our ATL media partners, to create a true consumer-first end-to-end solutions,” she said.

Goodman Fielder CMO Christine Fung says, “Taking a holistic approach to our media and retail investment strategy has proven to deliver results for us, and we are delighted Initiative is our partner on the next stage of our growth journey as we accelerate our approach. We can’t wait to see what amazing results we can achieve as a team.”

Work on the retail marketing side of Goodman Fielder’s media account commences immediately with first campaigns expected in market by mid-Q2.

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