School Reports 2018
[Extended edition]
Proximity London
Proximity London
Nielsen billings 2017: £18m (-34%)
Declared income: n/s
Total accounts at year end: 25
Accounts won: 3 (biggest: Ikea)
Accounts lost: 13 (biggest: Parcelforce)
Number of staff: 248 (-12%)
Key personnel: Gabrielle Ludzker, chief executive; Joe Braithwaite, managing director; John Treacy, executive creative director; Sarah Blackman, chief innovation officer; Andrew Waddell, chief operating officer
Star player: Zoe Jones, operations director
Year in review
Right up until its dying stages, 2017 could have gone two ways for Proximity – making it a tense first year for new managing director Joe Braithwaite, who arrived in April from BBDO Singapore.
Having started working with Virgin Holidays the previous year, it added sister brand Virgin Atlantic in May, taking the account from Naked Communications – a turn of events that proved fatal for poor Naked.
But three months earlier, Proximity had lost out on the combined BT and EE account to Wunderman, later named as Campaign’s Customer Engagement Agency of the Year. This meant that by the end of the year, there was a lot riding on two big pitches.
Fortunately for Proximity, both came good. In December it won Ikea, beating seven-year incumbent Lida and defeating Digitas in a head-to-head. The following month, it held on to its biggest account, TV Licensing, once again disappointing Lida. While that decision came in 2018, the review process had been trundling on since the previous May.
Elsewhere, Proximity said cheerio to a significant number of clients; in several cases it chose to stop actively seeking projects, but Parcelforce consolidated its business into Oliver, while Royal Mail, the Post Office and Moneysupermarket.com all took their business in-house.
On the other hand, the decision to discard low-priority clients meant the agency grew its business with Volkswagen, Disney and Lloyds. It also turned out effective, creatively strong work for The Economist, RNLI and Guide Dogs, and bagged an impressive 18 DMAs, including seven golds.
Agency's Year In A Tweet
"We used data better, took 18 DMAs, grabbed headlines, boosted profits, won Virgin & IKEA, wooed Joe Braithwaite and behaved ethically #proud"
Scores
Business performance and accounts
Gross income
Latest: £26.3m
Previous: n/s
Change: 0.40%
Operating profit
Latest: £5.5m
Previous: n/s
Change: 33%
List of total accounts
Retained:Volkswagen Group - Volkswagen , Volkswagen Commercial Vehicles , Seat , Skoda , Volkswagen Financial Services
SSE
Disney
TV Licensing
Bacardi
Virgin Atlantic
Lloyds Banking Group
Specsavers
John Lewis
Guide Dogs
Procter & Gamble
Camelot
Ikea
Project: The Economist
Great Ormond Street Hospital
Virgin Holidays
RNLI
Bayer
Franklin Templeton
Hewlett Packard
Cobalt
TV Licensing (n/s)
Lloyds Banking Group (n/s)
Procter & Gamble (n/s)
Diversity