Tuesday, February 12, 2019

14519: CarMax To Stage A Competitive Car Wreck.

Advertising Age reported CarMax is shopping for a new White advertising agency, potentially trading in its White advertising agency of roughly five years for a fresh model. Given that advertising executives and car salespeople consistently rank high among the most dishonest professions, the competition could become a bullshitters shootout. Plus, CarMax is based in Virginia, where local politicians are dealing with multiple blackface and sexual assault charges. So don’t be surprised if the competitors includes Campbell Ewald, The Martin Agency and any shop freelancing Ralph Watson, Ted Royer or Jeremy Perrott.

CarMax creative account is up for review

Used-car retailer spent nearly $100 million in U.S. measured media in 2017

By Megan Graham

Used car retailer CarMax is test-driving new creative agencies.

The Richmond, Virginia-based company confirmed to Ad Age that it was reviewing its “advertising agency relationship.” A spokeswoman for CarMax said McKinney, its current agency, is participating in the review.

Durham, North Carolina-based McKinney has worked with the brand since 2014. An agency representative couldn’t be immediately reached for comment.

CarMax said it works with Vizeum as its media agency.

CarMax has more than 195 stores across the country, according to its website. The company spent an estimated $97.9 million in measured media in the U.S. in 2017, the most recent year for which full-year figures were available, according to Kantar Media.

With CarMax, McKinney’s “Greenie” work — its response to a mock luxury ad for a couple’s 1996 Honda Accord in 2017 — won a bronze Cannes Lion for real-time response in the “Social & Influencer” category. As bidding for the car on eBay skyrocketed, CarMax could only offer the Kelley Blue Book value to the couple, so made a video offering much-inflated prices for each of the personal items shown in the video, like a cat and a sandwich, for a total of $20,000.

CarMax said in December it is piloting an “omnichannel” buying experience that lets customers purchase cars online or start the process at home and complete the purchase in-store.

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