WPP has reported this week strong first half of 2022 with broad-based growth, sustained demand from clients and the growth guidance upgraded again. This reflects the improved competitive position of our creative businesses, with their growing capabilities in commerce, experience and technology posting $AUD11.790 billion (£6.755 billion) in revenue, up 10.2%, and like-for-like revenue up 8.7% from 2021.
Alongside this results WPP has also been named a Leader among Global Marketing Service providers in The Forrester Wave™: Global Marketing Services, Q3 2022 report. The research evaluated a field of 10 of the most significant service providers, which were invited to participate in the evaluation.
The report identifies that “The integration of agency, technology, and consulting services brings together a converging landscape of holding companies, digital networks, and management consultancies. The result elevates the industry beyond advertising delivered by individual agency brands to marketing solutions delivered by teams of specialists. However, turning disparate, global capabilities into integrated solutions is much easier pitched than delivered. The best integrated marketing providers orchestrate their vast expertise in digital experience (DX), data, creative, and media with fluidity, not friction.”
The report assessed providers against 17 criteria spanning three categories: Current Offering, Strategy, and Market Presence. Among these categories, WPP received the highest scores possible in seven criteria, including creative and content services, customer data strategy and activation services, digital experience services, workforce strategy and performance.
The Forrester report notes, “WPP pioneers end-to-end marketing solutions with global creativity and scale… They include scaled, data-driven creative capabilities; integrated digital experience development; media performance prowess; and strong identity management and robust measurement and analytics. Client references support the company’s ability to orchestrate marketing campaigns and technology across regions.”