28 November 2008 Print This ArticleEmail this article to a friend

PROFILES

LOWE BULL CAPE TOWN






Type of agency - Advertising
Ownership - 33% Interpublic Group; 67% local
Key person - Jason Slinger
Revenue - R25,4m
Accounts gained - 8
Accounts lost - 3
Total clients - 14
Number of staff - 42
Equity - 26%
Biggest client - Metropolitan

Describing the review period as "the most significant year in our history", the agency enjoyed a number of major account gains that helped increase revenue by 31% and the profit margin by 500%. Equally impressive was the geographical spread of new business: it included Stockholm (Nokia), Amsterdam (Rama) and Atlanta (Coca-Cola).

Other new accounts included Hansa Pilsner and Marzen Gold, Hansgrohe, and strategic projects on behalf of Shoprite Checkers. The biggest accounts, after Metropolitan, are Hansa, Redd's, Coca-Cola and the Foschini group's sports division (Totalsports and Sportscene).

To support the growth, the agency decided to replicate the successful Johannesburg model by launching a series of strategic in-house partners in strategic consultancy, below-the-line, design and digital.

Creatively, it was also a good year, with success at the Clios, One Show and Loeries (including a 2007 press grand prix).





Cape Times