Lenovo appoints Stagwell Agency Assembly and Dentsu as media agencies of record to continue accelerating marketing transformation

Lenovo has announced the appointment of Stagwell Agency Assembly and Dentsu as its new global paid media agencies of record. The new appointments are part of a broader global marketing transformation vision that will accelerate Lenovo’s digital-first strategies, focus work around key centers of excellence, and continue advancing Lenovo’s global marketing effectiveness through an evolution of the media agency partnership model.

Effective immediately, Assembly and Dentsu will work with Lenovo in overseeing media strategy and planning, advertising operations, and performance measurement. Assembly will support Lenovo in its geographical markets across Europe, the Middle East, and Africa (EMEA), North America (NA) and Latin America (LAS), Dentsu will cover Lenovo’s Asia Pacific (AP) markets. Performics, a Publicis Groupe agency, will retain the paid media business for Lenovo in China and the company’s global e-commerce business. The entire pitch management process was supported by independent global media advisors, MediaSense.

Lenovo’s Global Media Strategy Center of Excellence (COE)

Lenovo has taken the lead in the digital media space by pioneering the development of its own Global Media Strategy COE, which will be spearheaded by its in-house and agency partner teams. Lenovo’s new Global Media Strategy COE hybrid operating model is designed for the right internal and external resources to be deployed in addressing each specific need. Bringing together global talent, this group is tasked with managing all aspects of Lenovo’s paid media advertising operations via a digital-first, hybrid operating model, and will work with Assembly, Dentsu, and Performics to achieve increased transparency in areas such as measurement, data and analytics; in-house / agency collaboration; and greater mobilization of data to understand and enhance the customer decision journey. As part of the remit, Assembly, Dentsu, and Performics will work alongside Lenovo’s Global Media Strategy COE on global media strategy and planning as well as advertising operations. They will also take the lead on performance measurement. Finally, investment, analytics, media, and tech contracts will be handled directly by Lenovo’s in-house teams, with support from agency partners.

Addressing a changing landscape

These appointments are in response to a changing global marketplace. With the generational emergence of fully digital natives, the competition to reach audiences and engage them with messages relevant to them is tightening quickly. This trend has also fragmented the digital ecosystem, engendering the rise of more non-traditional digital platforms such as new gaming and esports communities, retail media platforms and the metaverse – calling for a greater specialization in skills. Coupled with the rise of remote work in the past few years and its impact on the growth of digital platforms, the new playing field has sparked Lenovo’s re-evaluation of the ways in which the technology leader can take greater advantage of its globe-spanning talent through upskilling and evolution of its paid media function.

Leave a Reply