Bauer Media Group Enters Marketing and Sales Services as New Growth Opportunity
Bauer Media Group today announces that it will enter the marketing and sales services sector as part of its new business strategy, focusing on the small and mid-sized enterprises (SME) market.
Bauer will offer SME clients marketing communication and lead generation as-a-service – a comprehensive and fully integrated range of solutions, brought together via an easy-to-use portal/cockpit enabling tracking, control and performance analysis. This addresses a clear and sizeable market opportunity; the European market for digital advertising amounted to roughly £42 billion in 2018 with a strong growth trajectory.
The new offer provides a good strategic fit with Bauer Media Group’s existing business, drawing on its knowledge and familiarity with the marketing ecosystem and capabilities already in the portfolio. Sunrise System, a leading Search Engine Optimization (SEO) company based in Poland, will provide a nucleus for the new service offering, which will be expanded via a buy and build approach to accelerate implementation.
Bauer Media Group continues to transform itself from a pure publishing house to a multi-business portfolio company focused on enduring value creation.
Veit Dengler, member of the Executive Board commented: “Publishing will remain the backbone of the company, but we continue to look for compelling opportunities to complement our core business and boost growth. This diversification process first started in 2006 with the acquisitions of RMF, a Polish radio station, and has continued with the recent acquisition of leading online comparison portals across Europe. Building marketing and sales services for SMEs marks a new milestone in executing against this strategy.”
For more information, please contact:
Natja Rieber – Head of External Communications
email@example.com +49 170 5813 725
Bauer Media Group is one of the world’s most successful media companies. We embrace tradition while still keeping our finger on the pulse. Our people create magazines, digital formats, and radio on four continents. With more than 700 magazines, 400 digital products, and 100+ radio stations, we inform and entertain millions of people every day. Simultaneously, we are shaping tomorrow: with investments in online comparison platforms and other young business models, we are setting the course for a successful future as a global portfolio company.