MORE BAD NEWS FOR 303 AS IKEA REVIEW ELEVEN YEAR AGENCY RELATIONSHIP

| | 21 Comments

IKEA1.jpg

303 are facing another major account challenge with the news that IKEA, their most high profile creative account, is up for review. Despite knowing about this impending review for the past six months the news is bad timing for 303 – coming hot on the heels of today’s shock decision by HBF to part company with them at the end of the year.

IKEA has selected three agencies to take part in a credentials review and is looking to confirm an agency appointment to the IKEA business in West and South Australia by mid December. 

IKEA’s Marketing Manager Benedicte Hansen said they have had a long association with 303 that spans eleven years and over that time they have never held a formal review.

“It has always been our intention to review our agency relationship following the launch of both our Adelaide and new Perth full-sized concept stores. Over the past eleven years both our business and 303’s business has undergone large growth and it is prudent that we ensure we are with the best agency to provide the strategic and branding input to take our business forward.”

IKEA in Western Australia and South Australia is an independent and WA owned franchise operation that also has the rights to expand into the New Zealand market. Recently IKEA has proved to be 303’s most creative account with award success at the Campaign Brief Awards and more recently the national AWARD Awards. IKEA was also Campaign Brief’s 2007 Advertiser of the Year.

It is believed that Marketforce and Meerkats will join 303 in the review. Hansen said she has opted for a credentials only review as IKEA is fully aware of the different creative capabilities of the three agencies on the shortlist and is interested to explore the branding and strategic offering of each agency.