| Competitive
Media Reporting (CMR) today announced the acquisition of Wallace
Marx & Associates by its parent company, Taylor Nelson Sofres
(TNS). Wallace Marx is the leading US supplier of competitive information
for coupon promotion activity. The company will now operate as a
division of CMR, reporting to CMR's President and CEO, David Peeler.
The acquisition of Wallace Marx provides CMR with the capability
to further expand its offerings to the consumer packaged goods
(CPG) segment-a major component of CMR's Advertiser customer base.
"The acquisition of Wallace Marx adds a strong component
to CMR's total marketing information offerings," said David
Peeler. "Combining Wallace Marx's long-term experience in
coupon promotions' intelligence with CMR's expertise specific to
Television, Radio, Internet, Consumer Magazine and Newspaper tracking,
we have the utmost potential to provide significant opportunity,
to our client base, via the delivery of the complete marketing
picture of competitive advertising activity."
"We are pleased with our new relationship with CMR. For the
first time, marketers will have a single source for marketing intelligence.
Through the merging of media and promotional information, clients
will be able to closely view the cause and effect relationships
of competitive marketing programs," said Wally Marx, Managing
Director of the division. With the addition of Wallace Marx to
its operations, CMR's ability to now report on advertising in the
highly competitive arena of couponing, in side by side comparison
with multimedia advertising information, can offer unique insight
and value to the CPG community, which includes such leaders as
General Mills, Colgate, Kraft and Procter & Gamble.
Just as CMR has chartered an aggressive path toward Internet-based
delivery systems, Wallace Marx has also ventured into the web arena,
tracking Internet couponing. This acquisition brings closer the
potential of building a joint, Internet-based application that
combines coupon promotions and multimedia intelligence to provide
advertisers the most powerful and flexible view of competitive
activity.
Founded in 1982, Wallace Marx & Associates, based in Minneapolis,
provides syndicated database research and competitive intelligence
services related to coupon promotions, primarily for fmcg companies.
The information covers coupons distributed via free-standing inserts,
in-store coupon machines and direct mail. Wallace Marx also gleans
information about additional activity from a sample of consumer
magazines and Sunday newspaper magazines. As well as tracking promotions,
Wallace Marx reviews new marketing activity and has recently introduced
pretesting of couponing.
Competitive Media Reporting (CMR), a Taylor Nelson Sofres company,
offers strategic advertising intelligence to advertising agencies,
advertisers, broadcasters and publishers. The company's tracking
technologies collect occurrence and expenditure data, as well as
the creative executions of over 900,000 brands across 15 media.
CMR is headquartered in New York City and maintains sales locations
in major markets throughout the United States. For further information,
visit http://www.cmr.com.
Through its international network of more than 150 offices in
over 40 countries, Taylor Nelson Sofres (TNS) provides market information
services in over 80 countries to national and multi-national organizations.
It is ranked as the fourth largest market information group in
the world. For further information, visit http://www.tnsofres.com.
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