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Essence Global

Former digital marketing company From Wikipedia, the free encyclopedia

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Essence was a global data and measurement-driven full service agency that merged with Mediacom in January 2023 to form Essence Mediacom.[2] Prior to the merger, Essence had 20 offices in 12 countries and a staff of approximately 2,000. Essence managed over $4B in annualized media spend globally, with clients such as Google, The Financial Times,[3] Target,[1] NBCUniversal,[1] BP, FrieslandCampina,[4] L’Oreal and Tesco Mobile. In 2015 Essence became majority owned by WPP, and a part of GroupM, the WPP media investment management operation.[5] It had offices in Australia, China, India, Indonesia, Japan, Singapore, South Korea, USA, Canada, Germany, and the UK.

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Essence specialized in strategy, digital marketing, digital creative, media planning and buying, mobile advertising and analytics. It also included a dedicated technology business, 2Sixty Technologies, which developed platforms that underpinned the agency's services to clients as well as building bespoke technologies for clients including Google.[6] 2Sixty was subsequently merged with other GroupM technologies to form Choreograph.[7]

Matt Isaacs was CEO until May 2014 when he became Executive Chair and was succeeded as CEO by Christian Juhl and his ego.[8] Andrew Shebbeare was appointed Chair in Jan 2019. Kyoko Matsushita took over from Christian Juhl as CEO from October 2019, when Juhl moved to be CEO of GroupM.[9]

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Corporate history

Essence was founded by Matt Isaacs, Andrew Shebbeare and Andy Bonsall who previously worked together at Accucard, a VC/PE backed credit-card company. Accucard was acquired by Lloyds Banking Group where they developed an in-house digital marketing arm called Create Services.[10]

In 2005 they created their own digital agency in London, Essence, with their first client being Carphone Warehouse boss, Sir Charles Dunstone.[11]

In 2006 Essence was hired by Google for a UK media and creative assignment. Today Essence is the digital media agency of record for Google in EMEA, NA and APAC.[12]

Essence has worked for domestic and international brands including L’Oreal, TalkTalk,[13] eBay,[14] Betfair,[15] Expedia,[16] Barclays,[17] YouTube,[18] Method,[19] DoubleDown Interactive,[20] HP, Viber,[21] Visa[22] and Intuit.[23]

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Timeline

  • 2005: Essence founded in London by Andrew Shebbeare, Andy Bonsall and Matt Isaacs
  • 2010: Essence opens NYC office
  • 2011: Essence acquires Punktilio in London[24]
  • 2012: Essence acquires Black Bag Advertising in San Francisco[25]
  • 2012: Essence acquires Point Reach in Seattle[26]
  • 2013: Essence opens Singapore office[27]
  • 2014: Essence opens Tokyo office,[28] Matt Isaacs becomes Executive Chair, succeeded by Christian Juhl as CEO[8]
  • 2015: Essence is bought by WPP Group[29]
  • 2016: Essence opens offices in Sydney, Chicago, Shanghai and Delhi[30]
  • 2017: Essence opens offices Los Angeles,[31] Düsseldorf[32] and Seoul[33]
  • 2018: Essence opens offices in Bengaluru, Jakarta, Melbourne, Mumbai
  • 2019: Essence named as Mediapost's agency of the year[34]
  • 2019: Kyoko Matsushita named as new CEO, Christian Juhl moves to be new GroupM CEO[9]
  • 2023: Essence merges with Mediacom to form Essence Mediacom[2]
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References

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