impreMedia/IM Studio ñ: From Media Company to Marketing Agency?

What: impreMedia recently announced the creation of IM Studio ñ, its in-house marketing solutions service provider.
Why it matters: More media companies are starting to open their own marketing solutions divisions as part of their growth strategies.

Jeffrey Duque

Jeffrey Duque, VP of client solutions at IM Studio ñ.

For years the media company impreMedia has been providing specialized content for Hispanic audiences in the U.S. through different print and digital brands such as La Opinión, El Diario and La Prensa. But since 2014, the team started receiving requests to create personalized solutions for marketing agencies and their clients and become a sort of personal publisher. “We soon realized that there was a huge opportunity in this market,” remembers Jeffrey Duque, VP of client solutions at IM Studio ñ.

“Since we are experienced in generating content, we saw the chance to offer agencies and their clients the opportunity to generate content for them and help them create their own media,” ads Duque. With this goal in mind, IM Studio ñ was launched in January 2015 to become an in-house marketing solutions service provider, specialized in the Hispanic and multicultural market.

We soon realized that there was a huge opportunity in this market.

As a marketing solutions service provider, IM Studio ñ works as an independent institution, separate from impreMedia. For example, when planning a client’s media buy, impreMedia is just one more option, and is not given any special preference. “We offer a lot more thab just our own media,” says Duque

Also, once the strategy and the campaign are built, it becomes property of the client. They get to use what IM Studio ñ creates as they wish, and with whomever they want. “When, for example, we write a story in form of native advertisement, they can sell it to any other paper or content provider: it doesn’t have to be published on impreMedia’s pages,” he explains.

"When planning a client’s media buy, impreMedia is just one more option."

To create a broader impact when building a campaign, the agency is aiming to work with a similar model like that of Buzzfeed. According to Duque, Buzzfeed analyzes the distribution points first, and then uses that insight to create content. “We are not there yet, but we are looking at the same strategy.”

To make sure their campaigns are working, the team is very passionate about measuring every phase. “It is very important to measure the whole process so you can make sure you are having the impact you are looking for. This is also why we offer flexibility to make sure we are meeting those KPIs,” explains Duque.

After little more than one year in operation, one of the challenges the agency faces is to differentiate itself from its mother company. “The relationship with impreMedia is good because it has opened so many doors for us. But at the same time, it is also hard to differentiate ourselves and make it clear that we are not trying to sell media, but that we are here to sell marketing solutions. It is a process of evangelizing what we are doing,” explains Duque.

Check out: Learn how L'Oreal is revolutionizing Content Marketing at PortadaLat

Obtain major insights about passion point marketing (Sports, Multicultural etc). PLUS: Get 1:1 introductions with senior brand and agency executives.


Ximena Cassab @xcassab

Ximena is a Swiss-Mexican journalist based in Mexico City where she specialized in business, and travel topics. Graduated from the National Autonomous University of Mexico (UNAM), she has worked as an editor at the magazines Expansión , Aire and Accent, from Expansion Group. Currently she is working with different media in Spanish and English independently. She is a passionate traveler who does not miss the opportunity to see a new place in the world.

MORE FROM PORTADA

Latcom’s CEO Valentín Bueno: “Out-of-Home Advertising is Unique Because It Is Democratic”

Latcom’s CEO Valentín Bueno: “Out-of-Home Advertising is Unique Because It Is Democratic”

We talked to Valentín Bueno, CEO at Latcom, about why out-of-home advertising is growing more than any other advertising media. Out-of-home advertising has always been important, but technological advancement creates more and better opportunities for engaging consumers, which means the industry needs to adapt just as other advertising media. 


Tampico’s Marta Gerdes: “The Key to Marketing is Staying True to the Brand’s Essence While Keeping the Consumer at the Forefront”

Tampico’s Marta Gerdes: “The Key to Marketing is Staying True to the Brand’s Essence While Keeping the Consumer at the Forefront”

Tampico has updated its branding for the first time in about 25 years. A new, refreshed image will help Tampico reach its consecrated consumers, as well as the new generations.


JC Penney, MillerCoors, Wilson, and Oath Share 4 Essential Principles for Effective Shopper Marketing

JC Penney, MillerCoors, Wilson, and Oath Share 4 Essential Principles for Effective Shopper Marketing

The term 'Shopper Marketing' has been around for some time, but there's still not as much attention focused on "shoppers" as there is on "consumers", which could mean a missed growth opportunity. We talked about Shopper Marketing to JC Penney's Ana Lucía Soto, MillerCoors' Turiya Luzadder, Wilson's Ángel Carmona, and Oath's Maya Abinakad and Denise Brien.