Budget Rent a Car To Seek New Ad Agency
22 May 1998
Budget Rent a Car To Seek New Ad AgencyLISLE, Ill., May 21 -- Budget Rent a Car Corporation, a subsidiary of Budget Group, Inc. has announced its plans to seek a new advertising agency and will conduct an agency search in the Chicagoland area where the company is based. Hill, Holliday was awarded the $22 million account in January of 1997. Working with Hill, Holliday, Budget successfully launched its "Get out of the Ordinary" brand campaign last fall which has helped contribute to the company's first marketshare gain in over five years. In addition, the agency worked with the company to launch several new marketing programs, including the VIP Pickup and Perfect Drive (where customers earn points toward free rental days and premier Callaway Golf equipment) and Unlimited Budget, an incentive program for travel agents. Over 175,000 customers/travel agents have joined these programs. "Since Budget Rent a Car Corporation was acquired by Budget Group, Inc. in April 1997, the company's management has changed and there have been a number of acquisitions with rapid expansion," said Mark Sotir, senior vice president, Marketing. Sotir continued, "While Hill, Holliday has done an excellent job for Budget Car and Truck Rental, new owners inherited the relationship and would like to look for a local agency that has the capacity to serve other Budget Group, Inc. companies as we continue to expand and make other acquisitions. In addition, we believe that having an agency and its creative team right here near our headquarters will allow more of our marketing team members to participate regularly in creative strategy development sessions." Budget has targeted a number of agencies in Chicago for its search to handle its advertising account with a budget that is expected to approximate $35 million. The company hopes to have a new agency on board by July to handle creative execution, media placement and Internet marketing. Budget Rent a Car Corporation, a wholly owned subsidiary of Budget Group, Inc., is one of the world's top three car and truck rental systems. The Budget system, which operates under the same name worldwide, has more than 3,200 airport and local market locations in over 120 countries and territories. Budget has nearly 1,000 corporate-owned and franchised locations in the United States. Budget's WorldClass Fleet is comprised of more than 25% specialty and luxury vehicles, ranging from sport utility vehicles, convertibles and luxury cars to minivans, pickups and motorcycles.