Category: Brand week

  • BJAN partners EXP on experiential marketing summit

    The Brand Journalists” Association of Nigeria, BJAN, has announced partnership with The Exp Nigeria for the upcoming African Experiential Marketing Summit (AEMS), billed to take place in July 2013 in Lagos for the first time.
    The summit, which is expected to amplify reach, convert customers and drive sales according to the organiser, AEMS is taking place in Lagos for the first time since the annual African summit was inaugurated in 2000 after it had been previously held in South Africa and Kenya.
    According to the Mr. Goddie Ofose, Chairman of BJAN, the partnership is expected to help the organisers drive the needed media coverage.
    The summit will be hosted by Exp Nigeria – thought leaders in the experiential marketing category across the continent to give marketers from the West African region insight into how to better their campaign goals.
    The one day summit, which is themed ‘Re-invent your Experiences’, will feature some of the world’s leading experts such as Dan Hanover, Editor & Founder of Event Marketer Magazine (USA) – the world’s leading provider of experiential marketing content – and Kim Skildum-Reid, Sponsorship Author and Consultant (Australia).
    Along with other notable marketing experts, Hanover and Skildum-Reid will showcase more than 100 case studies, highlighting top trends, the latest best practices, video tours of events in action as well as demonstrating how using live experiences amplifies reach, converts customers and drives sales.
    As Africa’s largest and leading experiential marketing agency and with 30years experience on the African continent, Exp uses the African Experiential Marketing Summit as a platform to drive thought leadership in activation, sponsorship, events and digital marketing.
    Announcing the summit, David Boon, Exp Group CMO, explained AEMS as part of Exp’s vision of making it easier for marketers from across the continent to personally experience the experiential marketing revolution that is heating up in Africa and around the world.
    ”The 2013 AEMS is now a three-country event that will be happening in Johannesburg (South Africa), Nairobi (Kenya)

  • ‘We attract, groom raw talent’

    ‘We attract, groom raw talent’

    How does a guy from Lagos,  Nigeria, find himself at Miami Ad School Berlin?
    You shouldn’t believe everything you read on the internet. I never did. I attended Miami Ad School Berlin through teleconferencing for just a few months; it was an introductory package titled: “How to make great campaigns. A taste of Miami Ad School.” Young but adept tutors like Nadine Nedrebo, J.J. Lim and Teresa Jung gave a glimpse of how things were done the Miami Ad School way. The course culminated in Teresa bringing her CD, Myles Lord, to class. I found his story particularly inspiring, a South African doing great stuff in Germany. I studied fine art at Yaba College, Lagos, majored in painting, graduated with a first class.
    Please tell us about your early influences.
    That list is rather long and biased: the late Frank Frazetta, Moebius (Jean Giraud), and Joe Kubert were great artists that I never got the opportunity to thank. I watched these men pass away without being able to say thank you in person for the impact they had on me. Siku’s (Ajibayo Akinsiku’s) work on Judge Dredd, Simon Bisley’s work on ABC Warriors, and Jim Lee’s early work on Xmen …these guys literally drove me to art school.
    When and how did you first get exposed to advertising and when did you get interested in it? When, in other words, did you decide that it might be a career for you?
    I’ll be honest here: I shared the same disdain fine artists have for commercial artists early on. The ad boys in school were the unserious ones. Kolade Oshinowo, a foremost African painter, took pictorial composition and his mantra was: “Learn before you earn!” All the ad boys cared about was freelancing and making money. God forbid I joined them and lost my soul. After publishing the comics and realising how tough it was to foist a western art form on Nigerians, I took to painting full-time but the canvasses were equally slow in paying the bills. Advertising shamefully became the career of choice and I went in with a clean slate. I only learned about the greats as I worked with their networks and grew. Leo Burnett when I worked with Rosabel Leo Burnett Lagos, and Bernbach, Koenig, Krone and Kassaei when I joined DDB Lagos.
    After you graduated from school and “sold your soul,” how did you proceed? What were the next steps in your career?
    I walked into Rosabel Leo Burnett with nothing to show but my published comic books, bragging that I could best any illustrator in the house. The Group Heads, then Clement Omemu and Jesse Adeniji, smiled and gave me a copy test instead. Thankfully, years of plotting and scripting panels kicked in and I managed to impress them enough to get the job. We went on to do some good work for UBA. I continued freelancing on the side and caught the attention of Enyi and Ikechi Odigbo, the brothers who run the CASERS group and DDB Lagos. I got subcontracted to do a storyboard for a Diamond Bank commercial. They liked my work and I stayed for five years, working under Femi Kayode (adforce DDB, Windhoek) chiefly on MTN as art director with writer Tunde Sule and later Maurice Ugwonoh. I won Young Lions, picked up an Epica.
    Since you are our first interviewee from West Africa, can you tell us a bit about the history of advertising there? Also, perhaps, the earliest forms of it, like the kind of painted signs offering haircuts.
    Oh, we still have the painted haircut signs displaying the latest western cuts, the church posters promising prosperity and miracles (“We heal the following …”), the bus graffiti touting street wisdom (“e go better”), the environmental warning signs threatening instant ret-ribution if you “urinate here,” the crude canteen signs screaming “Food is ready!” Urban Nigeria and West Africa are rich in self-taught street graphic designers and copywriters. While professional billboards and banners occupy the choice spots of the landscape, the unrefined, but more nuanced, local signs punctuate it here and there. Nigerian advertising is about 80 years old. The first Nigerian agency opened shop in 1928; expatriates dominated the scene until an indigenisation law in the 70s led to Nigerian ownership. The 90s saw a rush for international affiliations: Lowe, Grey, Saatchi & Saatchi, Ogilvy, Leo Burnett, TBWA, FCB, Bates, DDB, JWT, and several other networks got a Nigerian address listing on their websites. Leadership used to be of some concern. Creative directors are brought in from South Africa, UK, India, or Australia. Now, there have been cases where some of these candidates excelled organisationally and creatively in terms of helping the shops woo multinational clients and, along the way, soaking in local acclaim. But those cases are few and far between. Most of those romances never last, and the unintended consequence is that there is not much space for young creative leaders to grow into, leaving them wondering which part of the world the next leader is coming from. What would be his policies? And how long will he stay? Will he be the one to break the jinx and win something for the region? Perhaps the most notable pioneer is Ted Mukoro. a former broadcaster and actor, who joined Lowe Lintas in 1964 and wrote the “Brightness series” campaign for Nigeria’s first locally brewed beer, Star. On the local design front, Lemi Ghariokwu, a self-taught artist, went on to design 26 album covers for Fela.
    What is the idea behind calling your agency “Noah’s Ark”?
    First, we wanted an organic name, one that could start a story because that’s what this business is about. The idea of starting the agency came about just before the economic meltdown of 2008. In Nigeria of then, there were a lot of brands with big budgets making so much noise and getting little value in return. It was money down the drain, unfortunately. Scriptural clichés aside, what we’re trying to do with Noah’s Ark is create a truly safe haven for “creative animals” and save brands from the storm of sameness. It’s the pinnacle of a life’s work. Our founder/MD/ECD, Lanre Adisa, has been around for some years, and he never thought he’d set up shop. But once he decided to, he knew exactly what to do away with in the old model. Two-by-two: we take pairing serious, no lone wolves. Adrift with a purpose: we go wherever the idea takes us. Thankfully, the metaphor is not lost on our clients and competitors due to what we’ve achieved in our five years of existence. On the fun side of it, every new creative gets to pick a totem, which is then animated and personalised on their stationery.
    What are some of the challenges of running an agency like yours in the region? What about the competition?
    Stiff challenges. It’s never easy to break away from the norm. From a planning and strategy standpoint, we do away with all the bollocks and hit hard on the insight. That can be strange to boardrooms steeped in buzzwords. On the execution front, we’re always trying to break taboos – while maintaining rel-evance to the central idea, of course. Even switching styles and use of illustration, photography and iconography can be tough here: too many ethnic groups, too many religious groups. One is constantly on the defensive.
    Indomie noodles introduced a new variant called Oriental Fried Noodles after about two decades of selling the chicken flavor. We wanted to show the old and at the same time dramatise the new. We decided to use the 12th Century Ife bronze heads dug up by Leo Frobenius in 1910. Coincidentally, the heads bear an uncanny similarity to the oriental Terracotta Army heads. These pieces have travelled the world, but they always seem to escape use in any marketing communication, and with good rea-son too: some consider it a taboo. After submitting a proposal to the curator of the National Commission for Museums and Monuments, a legal to-and-fro ensued on the ethicality of using our national artifact to sell noodles. After weeks of waiting, payment was finally made and usage granted for a short window. Compare that to the usage of, say, the Statue of Liberty.
    Of course there are the usual challenges that are not peculiar to us but might just be a tad aggravated in these parts: clients who cannot, or who refuse to, write briefs, clients with no pop culture or experiential overlap with you, absurd deadlines, extremely late payments, disgracefully low demand for creativity, poor reproduction of print works and support services … the list goes on. As regards competition, a lot of congratulations rolled in the first time we got published in Archive; Nigeria was finally speaking for itself in the ad community. I know for a fact that submissions have gone up, and entries to both regional and international awards have tripled. Overall, the market is still largely traditional in nature. The level of competition among agencies is not encouraging enough. There’s an urgent need to raise the standard to compete with the world. This calls for more ambition on the part of individual agencies, which can then translate into an awakening of the entire industry. The readiness of clients to take “risks” … a lot of good stuff never sees the light of day. We are consistently devising ways of selling good work. Added to this is the need to encourage and attract fresh talent. There are no full-time ad schools like you’ll find elsewhere, although a few creative directors train youngsters in their spare time. We attract raw talent and groom them to our standard, as exemplified by our recruitment ads. The agency becomes an extension of the school, at least for the beginners. If a talent doesn’t start off in an agency with some level of creative culture, that may color how he/she grows going forward.

    Who are some of your clients and what work are you particularly proud of?
    Indomie Noodles, one of the biggest noodles brand in the world. Our founder, Lanre Adisa, has had a long relationship working on the brand, starting from 2000, when he was still at Insight Grey. When he moved to TBWA\Concept, the brand moved there in 2006 and later moved to Noah’s Ark in 2009. There’s a good dose of understanding and respect between client and agency, which works in the best interest of the brand. The Indomie “Mama Do Good” TVC is one of the most popular commercials in Nigeria in recent times; for families, it’s some kind of national anthem. The Indomie Oriental Fried Noodles (Ife Bronze Head) print work is one we are very proud of. Also, Power Pasta “Bowser and Bluto,” where we literally turned the tables. Also worthy of mention is our viral video for VConnect, an online search engine for local businesses. Within a week of being posted on YouTube, it recorded almost two million views. It showed us that this market may not stay traditional for too long.
    L.A.: What is the state of advertising in general in West Africa? What does the average output, the stuff you see on the streets and perhaps on TV, look like? Would you say there is a specific style that you don’t see anywhere else? One that appeals to consumers in that region most – or is perceived by advertisers to have the biggest appeal?
    Abolaji Alausa: The Nigerian and West African ad landscape has remained largely unchanged for decades: one campaign at the beginning of the year, occasional retail ads, PSAs, national holiday ads, a promo to jerk up sales towards the last quarter of the year, calendar and Christmas briefs in December to reward loyalty. Sadly, the layout hasn’t changed much. Through the years, you find traces of the times: pop, punk, post-modernism filtering through but never making a bold enough participation, or finding relevance within our culture. Our main unifying strand is the print layout, which is still riddled with bullet points and a huge Nollywood celebrity smiling down. On radio, the inherited predictable forms of jingles are gradually giving way to more locally resonant ones, but there are still a whole lot of jingles. TV is a lot better in terms of production values, especially since we almost never shoot locally. No, there is no specific style that is noteworthy. Almost everything is still borrowed. The haircut sign style you mentioned earlier has never been used in a campaign that I know of; there’s a perception by uppity brand managers that local means uncool. So thousands of years of culture remains untapped. The roped Igbo Ukwu pots, the Nok terracotta, the Oriki praise-poetry. And even current memes are overlooked. I had a nice laugh when I saw the Sony PS3 Kevin Butler spot: “You can’t believe everything you read on the Internet, otherwise I’d be a Nigerian millionaire by now.” Unfortunately, the ministry did not find it as funny, petitions were written, Sony apologized and pulled the ad worldwide. The same thing almost happened with the movie District 9. We constantly refuse to write our stories, and then we scream when others do it for us.
    L.A.: Who are the targets for the ads you create? Who do you advertise to? A minority of the population in Nigeria?
    Abolaji Alausa: As the brief demands. A few campaigns are just for Lagos, while most are nationwide. In which case, sev-eral translations have to be done. Or we just run with pidgin, which cuts across the 250-plus ethnic groups.
    L.A.: Would you say there is a big difference in advertising to people in your country? In Brazil, for example, there was for a long time (or still is) a high illiteracy rate among the population. This forced Brazilian advertising to appeal primarily through visuals, which led to lots of brilliant no-copy work from there, which then, I believe, influenced advertising worldwide.
    Abolaji Alausa: I gleefully await such a transformation. A recent UN report puts our overall literacy at 61.3% against Brazil’s 88.6%. So all hands must be on deck to ensure this happens. In the Ark, we always strive to strip down to the barest, and we get away with it with clients like Indomie. There’s a Pepper Chicken campaign we’ve been running for a while now with just the chili cleverly used. As long as we give the logo the agreed prominence, they welcome visual ideas. Unfortunately, most brand managers see white space as a waste of money, so even when agencies manage to employ that iconic visual, it is lost amidst the starbursts, bullet points, and a myriad of social media icons and links.
    L.A.: Who are some of the people in advertising you admire most?
    Abolaji Alausa: For shops: Barton F. Graf 9000, New York; Duval Guillaume Modem, Antwerp; King James, Cape Town; Black Rivers FC, Johannesburg, to name a few. By default, I respect most of the big names, but the people I really admire are the guys who dared the same kind of odds we are facing right now and have triumphed. They inspire me. Karpat Polat and Ali Bati for Turkey, Ali Ali and Maged Nassar for Egypt.
    L.A.: How do you get the inspiration for your work?
    Abolaji Alausa: Since we can’t all bring our muses to work, and have to crank out the ideas within the four corners of the office, over and over again, inspiration in the general artistic sense of the word carries little weight. One has to be driven. Be driven enough to rise above the frequent rejections and do it all over again. I don’t pace, I don’t see any light bulbs, I just get whoever is in the room, which in most cases is Yemi Arawore, my associate, and I start talking. And in the course of that, we often stumble on the right question. Pop culture, entertainment, literature, the arts all play a significant role, of course; it refreshes the well, allusions get easier. However, I must say there have been moments outside of work where it all suddenly aligns and I have to scribble in the little book quickly or make a note on the phone; now that I can’t explain. Scott Belsky and Jonah Lehrer tried shedding some light on that in their books.
    L.A.: What about digital work? Has that become as important in West Africa as it has in technologically more advanced countries?
    Abolaji Alausa: It’s gaining some traction. For starters, most brands now have one form of social media engagement or the other. There are a few multimedia shops that have made the digital transition. I don’t have the figures, but our computer and mobile usage is equally high, so that tells me we are poised for it. In Noah’s Ark, we have a digital team that integrates most of our traditional campaigns. But my sincere opinion is, let West Africa show-case amazing work in print, radio and TV first. The case videos can come later.
    L.A.: Can you describe what an average day in your agency looks like?
    Abolaji Alausa: Energetic. The team is young and driven; they completely get what’s at stake. Sessions are held on most briefs in the early hours, then the teams break away to flesh out synopses and comps. By midday, the suits are breathing down my neck as is customary. But they’re nice about it … nice-ish. Evenings are for reviews. We all see what we have, and most times we’re dissatisfied so we give it a little more push. Meanwhile Lanre Adisa is on the phone, if he missed the session, and his final question is always: “Is it good enough to get into Archive?” My doors are open 24/7 for proactive ideas.
    L.A.: What are some of your (and Noah’s Ark’s) future projects and aims?
    Abolaji Alausa: Our aim is to put a permanent dot for West Africa on the Gunn Report. Cheesy pun intended. And build formidable brands while we’re at it. There are talks about an African image bank, a forum, a proper ad school, a form of portfolio night, a creative directors club, I’ll stop here. It’s obvious we’re a bunch of dreamers, but we’ve managed to join the conversation, though; we have to remain smart in the room.
    L.A.: What do you think of advertising awards? I know you’ve been to Cannes. How was that from your perspective? What struck you most about this experience?
    Abolaji Alausa: My first time at Cannes was as a Young Lion. I won the local contest with my longtime writer partner, Babatunde Adebola (Thjnk, Hamburg). We were with DDB Lagos then and our aim was to bring glory home at all cost, but the boys from Ogilvy Mexico beat us to it. We were so focused on our film project that we missed some seminars and award nights. Nevertheless, we saw for the first time how truly big the business we are working in is. The next time around, I ensured I had a full dose of the week, some disappointment about not being shortlisted, some joy at seeing the campaigns I was rooting for win. Advertising awards are extremely important. I hear a lot of jaded creatives and shops saying otherwise, only to realize they’ve won their fair share. You hear words like “Only the bottom line matters” around here. Our industry has been around for almost a century, so it’s fair to say the books haven’t been bad, but what about the shelves?

  • Fibi sausage excites consumers in Lagos

    Rapido Foods Limited, makers of Fibi beef sausage roll, continues to excite more Nigerians with its Fibi beef sausage roll brand as it brought together hundreds of people at a family forum in Lagos.

    Tagged, the Fibi family forum, the occasion had in attendance several customers, distributors, retailers, representatives of regulatory bodies and the media, all of whom came to identify with the Fibi sausage roll brand.

    The management of Rapido Foods used the gathering to restate its commitment to adding value to the lives of millions of Nigerians who have come to trust the unique experience of the company in culinary services and the tradition of excellence associated with the parent company, Rapido Ventures, over the years.

    Speaking at the Fibi family forum, Chairman of Rapido Ventures, Mr. Frank Nneji, thanked the company’s stakeholders for their support since the launch of Fibi beef sausage roll.

    He commended distributors, retailers and everyone in the distribution chain for making fibi available in homes, offices, schools and other channels of distribution.

    He noted that the Fibi family forum presents an opportunity to express appreciation to different groups of stakeholders for the support so far received by Rapido Foods which he said has endeared many Nigerians to the Fibi brand. He said Fibi beef sausage roll is a brand of beef sausage roll that is produced with natural ingredients for the best form of nutrition suitable for all segments of the population and as such no one will be left out.

    He assured that in line with established tradition and a dispassionate reward system, the company would continue to seek partners and reward partnership among Nigerians based on their contribution to the achievement of the objectives of the company, stressing that there is something for everyone at Rapido Foods.

    Earlier, Chief Operating Officer of Rapido Foods, Mr Isijola Oriade, noted that it is important for a brand in any market to stand for something and be known for a tradition by all its stakeholders. He said Rapido Foods Limited, which is subsidiary of Rapido Ventures, is known for its excellence and best industry practice, adding that these same values are key drivers of Fibi beef sausage roll.

    He further said the love for Nigeria and Nigerians and the desire to deliver best quality sausage roll led to a series of studies that resulted in what is today known as Fibi.

    According to Isijola: “We have put in place a fantastic reward system which include provision of distribution van, tricycle, shop make-overs, product discount and other incentives for everyone in Nigeria who is part of the exciting journey of fibi in the Nigerian market and we encourage all our partners to take advantage of these opportunities.”

    High point of the occasion was the presentation of gifts to distributors and customers who expressed appreciation for the recognition given to them by Rapido Foods. Also, a pupil of Kings College Lagos, Adeshile Lekan won the star prize of a microwave oven for memorising the Fibi jingle while other students who participated in the Crack the Words contest went home with cartons of Fibi as consolation prizes.

     

     

     

  • Chicken Republic refreshes brand equity with innovation

    Owners of hospitality brands who are worth their salt know that healthy tasty meals, nice ambience and excellent customer relations are very important ingredients that will drive traffic to their outlets and make customers prefer them any time. Thus, forward-looking service providers are not known to joke with being continuously innovative on how best they can serve and satisfy their patrons in order to make them come back again and again.
    Aligned to the need to strengthen positive and maximum leisure experience for lovers of good food, Chicken Republic, a world-class modern African Quick Service Restaurant (QSR) has introduced its variant of crispy chicken named Spicy Crunch™ as well as the commencement of the revamp of its restaurants in a bid to offer its customers extraordinary dining experience.
    The latest initiatives, according to the management of Chicken Republic, are part of a global market repositioning strategy by the leading restaurant which has presence in 14 Nigerian cities and Ghana. Established in 2004, the world-class chicken QSR has 65 stores in the two countries.
    Explaining the rationale for the initiatives, the Head of Marketing and Public Relations, Chicken Republic, Mrs. Susan Rotimi, told journalists during the experiential soft launch of Spicy Crunch at the revamped Bode Thomas outlet in Surulere, Lagos, that the steps were part of the company’s commitment to help customers get more out of life. The Marina and Jibowu outlets have also been revamped while work is in progress at the other restaurants across Nigeria and Ghana.
    According to her, the new variant with rice, which is being offered at a promo price of N600 till May 28, is seasoned to perfection with Chicken Republic’s signature West African spices.
    “Chicken Republic is committed to developing best-in-class ambience that offers customers more than an eating experience. This is the way we are living our commitment to helping our customers get more out of life,” she said.
    Mrs Rotimi explained that the new product offering was part of the ongoing market repositioning strategy aimed at serving the consumers better. ‘‘In our response to consumer need based on resaerch, there is a big demand for crispy chicken that is not oily and moist. Crispy chicken is a product that Nigerians love but they complained about what is available out there. So, we decided to give them something they really love to have, and the testimony has been fantastic. Again, another testimony about our new product offering is the authentic fresh West African spices that we use and the fact that we understand the African palate; and our customers love us for that. This is what Spicy Crunch is all about,’’ she said.
    On the revamp of the outlets, the Head of Marketing and PR said the initiative was in demonstration of the visionary and market leadership of the Chicken Republic brand, assuring that the company will continue to offer soulful, African spiced chicken delivered in a world-class modern environment. ‘‘We realise the importance of constantly raising quality and standards to improve customer satisfaction,” she said.
    Mrs Rotimi said the company has recorded a 70 per cent increase in sales year-on-year of revamped stores, a development which is said to be the result of the fresh modern ambience the revamped restaurants offer. She stated that the company is well focused in its commitment to the delivery of extraordinary customer satisfaction premised on quality product, product innovation and consistency.
    Also speaking, the Chief Operations Officer, Mr Kofi Abunu stated that the revamp of the outlets and the introduction of the Spicy Crunch initiatives were among several initiatives being implemented by the company to strenghten the Chicken Republic brand in order to deliver more value and benefits to the consumers so that they could get more out of life.
    According to him, the company in acknowledgement of the consumer as king, has continued to place the consumers at the centre of everything the company is doing, even as he assured that the vision of Chicken Republic was to make life better for the customers and other stakeholders alike by being a vibrant brand that delivers value at all times.
    ‘‘We are always committed to doing our best so that we continuosuly offer the best to our customers in terms of quality offerings. Our motto is ‘quality, kindness and value’, and it is on these pillars that our operation is premised. This new product offering and the revamp of our outlets, therefore, represent another step forward in our strive for excellence through innovative brand evolution,’’ Abunu said.
    “Product variety is a key driver of delivering extraordinary satisfaction to our customers. Our guests love our soulfully spiced chicken and anything we introduce that builds on our authentic West African spiced chicken seems to be a hit, so we’re introducing Spicy Crunch to further reinforce our brand as a destination for wholesome, sizzling meals delivered in a fresh modern restaurant environement”.
    He stated that Chicken Republic remains optimistic about its operations and confident that the investment made in key areas of its business will deliver strong competitive edge and position the brand for an upward growth in the QSR sector.
    A customer, Mr Frank Afam, praised the new initiatives by the management of Chicken Republic, saying the marketing repositioning strategy would go a long way in builidng brand loyalty. He said he has made the QSR his number one choice over the years because of the authentic fresh African spices for which Chicken Republic offerings are renowned.

  • Justrite Superstores to Add Online Store to Offerings

    Basking the euphoria of its recently successful ChopLife consumer promotion, the management of Justrite Superstores has declared that the indigenous superstore will unveil its online store variant before the end of the year.
    Disclosing this to the media at the presentation of the star prize of a brand new Hodan Hyma Series 3 car to the winner, Mrs. Oladipupo Adeyemi in Ota, Ogun State, the Managing Director, Justrite Superstores, Mrs. Tosin Aderinwale explained that the management is excited at the outcome of the promo, pointing to the massive crowd that attended the draws.
    “The impressive turnout is testimony of our consistency over the years and that the customers have come to believe in us. It is also indicative of our large customers’ base, which is a pointer, that we have loyal followers”.
    In view of the growing popularity of the indigenous retail superstore in its decade of existence, the Managing Director discloses that the plans are on to increase the number of outlets from two to four within the next seven months. Similarly, its online store will be launched within the next few months to cater for its growing clientele.
    Taking a look at the at the retail industry and business environment generally, Mrs.  Aderinwale noted that access to finance, cost of finance, infrastructural challenges, power, multiple taxation and human capital challenges are some of the problems that businesses contend with in the country and urged the authorities to intervene in the proper sense of the word.
    “Cost of generating alternative source of power, double taxation, billing demand notices by governments – local, state and federal agencies increase the overhead cost of doing business, reduces profit and hampers growth. Therefore, the authorities need to intervene”

  • Fidson endorses student pharmacists

    Fidson Healthcare Plc, through its Astymin brand recently lit up University of Lagos campus, with the sponsorship of the 2013 edition of Pharmaceutical Association of Nigerian Students (PANS) Astymin Nite.
    The Indoor Sports Hall of the University wore a brilliant outlook with bright lights, embellished by the beautiful Cream and Burgundy coloured decorations and banners, which depict the Astymin brand and gave the event a radiant ambience and glamorous sensation.
    Astymin, the leading amino-acid based multivitamin brand in Nigeria, has been the proud sponsor of PANS national event for the past three years, providing moral and financial support to the student-pharmacists.
    According to General Manager, Marketing, Fidson Healthcare Plc, Mr Ola Ijimakin, the company is proud to be associated with PANS, which is the umbrella body of Pharmacy students in Nigeria. “We believe in their ability to bring about a positive change to the pharmaceutical Industry in Nigeria, we are therefore using this platform to connect them with Astymin brand and encourage them to achieve their full potentials”, he said.
    Guests at the event, including Pharmacy students from other Universities across the country, as well special invitees -artistes and celebrities were treated to an exceptional night of fun and breathtaking experience.
    Although there were several musical performances and dance competitions with lots of prizes and freebies for participants, the highpoint of the event was the Mr and Miss Astymin pageant in which Ebisondo Victoria Awala from Niger Delta University emerged as the winner of Miss Astymin; Chiogo Michelle Okeke from University of Jos emerged as the 1st runner-up while Orun Ehinfomen of University of Benin was the 2nd runner-up.
    Ayodeji Morafa of University of Lagos was crowned Mr Astymin, having won the male category of the pageant.
    Fidson’s sponsorship of the PANS Astymin Nite is another demonstration of the company’s commitment to add value to the lives of Nigerian students, by connecting their passion for fun and entertainment, and inspiring them to achieve career and academic excellence.

  • Final Legend Real Deal Promo Draw Holds Friday

    The third and final raffle draw for this year?s Legend Real Deal  National Consumer Promotion is scheduled to hold on Friday, June  21,2013, at Eldorado Hills, Amuwo ? Odofin, Lagos.
    Eight lucky consumers of Legend Extra Stout will emerge as winners of  the grand prize for this year?s edition of the promotion. The grand  prize is an all-expense paid trip to Dubai, United Arab Emirates, for  25 lucky consumers. While in Dubai, the lucky consumers will get the  opportunity to shop for gift items worth N1 million within 60 seconds,  in one of the city?s largest shopping malls.
    Seventeen winners have emerged so far in the promotion, which kicked  off on Wednesday, May 1, 2013. The first raffle draw held at De Dems  Bar, Egbeda, Lagos, produced seven winners. They were: Uchechukwu  Dennis Chukwu from Ebonyi State, Nwabuoke Ikechukwu Ambrose from Delta  State, Oluwabusuyi Kelvin Olubusuyi from Ekiti State, Solomon Okoro  Ike from Owerri, Imo state, John Akoji from Abuja, the Federal Capital  City, as well as Temitope Ogunyemi and Austin Nwakaife, both from  Lagos State.
    The second batch of winners that emerged via the raffle draw held at  the Lesukaa Events Centre were: James Nweke from Kano State, Aghedo  Cyril Sadiq Ehinoria and Ishalaye Ayodele Aghedo, both from Lagos,  Ozioko Bethran Ikechukwu from Kogi, Okotie Oritsuwa Abayomi from  Warri, Tom Madaki from Kaduna, Omoleye Folasade Grace from Ekiti,  Sunny Odomoke from Ebonyi, and Emuejevoke Oputu and Wilson Prince  Osah, both from Port Harcourt.
    Funso Ayeni, Senior Brand Manager, Legend Extra Stout, Nigerian  Breweries Plc., urged consumers of the fastest growing stout brand, to  purchase 33cl and 60 cl bottles of the stout brand for the golden  opportunity to shop for N1 million gift items in Dubai.
    He said: ?There are still eight slots for lucky consumers to go to  Dubai, all-expense paid, on the bill of Legend Extra Stout. While  seven winners from across the country will be picked via the  electronic raffle draw, the eighth lucky winner will emerge that  evening, at the Eldorado Hills, Amuwo Odofin. To win, consumers simply  buy bottles of Legend Extra Stout and they will be given raffle  tickets. The more bottles they buy, the better their chances of  winning this highly cherished single slot to shop in Dubai.?
    He however added that consumers that do not win the Dubai trip can  still win instant gift prizes such as 32 inch TV sets, 130 litre  refrigerators, BlackBerry Bold 6 phones, among other fabulous gift  items.
    The Legend Real Deal National Consumer Promo will end on Sunday, June  30, 2013.

  • Zenith Bank: The making of a transnational brand

    Zenith Bank was established in May 1990 but opened for business in July. After going public in June 17, 2004, the bank was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004 following a highly successful initial public offer (IPO). The bank has a shareholder base of over one million and shareholder funds of $2.55 billion as at the end of Q2 2012.
    With headquarters in Lagos, Nigeria, Zenith Bank has over 500 branches and business offices nationwide, with a presence in all the state capitals, Federal Capital Territory (FCT) and major towns. In April 2007, Zenith became the first Nigerian bank in 25 years to be licensed by the UK Financial Services Authority (FSA), giving rise to Zenith Bank (UK) Limited. Zenith Bank also has a presence in Ghana, Zenith Bank (Ghana) Limited; Sierra Leone, Zenith Bank (Sierra Leone) Limited; Gambia, Zenith Bank (Gambia) Limited and a representative office in Johannesburg, South Africa. Another representative office is being opened in Beijing, China this year.
    Zenith Bank’s management team is made up of seasoned professionals led by Godwin Emefiele, the Group Managing Director and CEO, who is a pioneering staff member and has been on the board for more than a decade. He took over the reins from  Ovia, in August 2010. The bank’s exceptional performance is built on its experienced leadership, professionalism and vision of the management and staff.
    According to Emefiele, “The vision of the bank has been to build the Zenith brand into a reputable international financial institution recognised for innovation, superior performance while creating premium value for all stakeholders.”
    The strategic objective of Zenith Bank includes the continuous improvement of its capacity to meet the customers’ increasing and dynamic banking needs as well as sustain high quality growth in a challenging business environment.
    Zenith Bank places high premium on the pivotal role of exceptional service delivery in its drive to consistently exceed customer expectations. Thus, the bank has put in place a well articulated strategy to meet and surpass customer expectations and ensures that plans and strategies are fine-tuned to address the changing taste and sophistication of the customer. The underlying philosophy is for the bank to remain at all times, a customer-focused institution with a clear understanding of its market and environment.
    As a leading institution in ICT-enabled banking in Nigeria, Zenith Bank has leveraged on its deep understanding of the local business environment and global financial market to develop unique e-solutions to meet varied and specific customer needs. The bank’s range of e-products covers virtually all services.”
    Zenith Bank is committed to an unwavering effort at improving the quality of life of the underserved. The bank’s service promise is premised on a pledge not just to its invaluable customers but also to its shareholders, employees and the larger society.  According to Emefiele, “This is why our business activities are carried out under the strictest observance of corporate ethics and respect for people and constituted authorities. Our Corporate Social Investment (CSI) initiatives are driven by a clear understanding of our environment and a strong knowledge of the resource gaps and pressing needs of communities and people within and beyond our areas of operations. The primary reason is the willingness and desire to give back to the people and communities that have been an encouragement in our pursuit of enterprise as well as a conviction that partnering with the public sector to address some areas of need is a healthy investment on our present and future.”
    In January 2012, Zenith Bank was recognised as one of the 30 outstanding global brands that are making sustainable impact on their operating environments in the area of Corporate Social Responsibility (CSR). The recognition was a prelude to the United Nations Development Programme’s (UNDP) Conference on Sustainable Development (‘Road to Rio’), held in Brazil in May 2012. Zenith Bank was honoured along with 30 other global brands which included Airbus, France; ConocoPhillips, USA; Credit Suisse, Switzerland; KLM, Netherlands; South Korea; Olam International, Singapore; Unilever, Netherlands; Verizon, USA; Kia Motors, South Korea; among others.
    Over the years, Zenith Bank has consistently recorded good ratings from both the international (Fitch Ratings, Standard & Poor’s) and local (Agusto & Co.) rating agencies. The ratings on Zenith Bank Plc are supported by its leading market position in all key performance indices.
    Zenith Bank has consistently put in place a robust system of corporate governance, bearing in mind the key elements of honesty, trust, integrity, openness and accountability as well as commitment to the organisation’s goals. To uphold strong corporate governance and transparency, the bank adopts a robust public disclosure policy. This is to forestall incidences of abuse, such as insider trading.
    Alluding to the success of Zenith Bank over the years, Emefiele said: “Managing our brand assets remains fundamental to our strategy and culture. Service excellence, trust, speed, ideas and efficiency are a set of capital that we accord high premium.  Our resolve in this regard is from an in-depth understanding of these intangible elements as creators of the emotional pull required to strengthen and extend our brand value to ultimately impact the bottom line.” Buoyed by its success story at home, Zenith Bank decided to globalise its operations by getting listed on the London Stock Exchange.
    Recently, the London Stock Exchange welcomed Zenith Bank, to its Main Market. The company is listing Global Depository Receipts (GDRs) in London, giving it access to a wide range of major institutional investors and significantly raising its international profile. The company’s market capitalisation at listing was $4.24 billion.
    According to Ibukun Adebayo, Head of Primary Markets, Africa at London Stock Exchange, “Zenith Bank’s listing highlights London’s leading role in supporting Nigeria’s burgeoning financial sector. Three major Nigerian banks have listed in London demonstrating UK and international investors’ appetite for exposure to this fast growing and increasingly diverse economy.”
    Zenith Bank is admitting 125 million GDRs which will trade on London Stock Exchange’s International Order Book, the world’s largest and most liquid GDR market. Each Zenith Bank GDR represents 50 ordinary shares.
    Zenith Bank is the third Nigerian Bank to list GDRs in London following Guaranty Trust Bank and Diamond Bank.    The bank’s listing means that the two largest Nigerian banks by market capitalisation are now listed in London. The company joins a vibrant community of 58 emerging market banks listed in London, valued collectively at just under $75 billion. The listing also gives Zenith access to the deepest international pool of capital in the world, currently holding more than $1.8 trillion in international equity assets. It joins five other companies on the London Stock Exchange’s markets that have major operations in Nigeria.
    Listing on the London Stock Exchange affords foreign investors and funds managers in Global Emerging Market an opportunity to access Zenith Bank shares, particularly those, who, due to internal policies/procedures are prevented from  trading, purchasing, selling shares in markets other than through the London Stock Exchange.  This means that with this listing on London Stock Exchange, investors can buy the shares not only through brokers on the floor of the NSE but also on the floor of London Stock Exchange.
    Establishing a liquid London GDR line will help Zenith Bank gain access to international investors, particularly GEM, CEEMEA and FIG specialist investors – GEM (Global Emerging Market) funds who are increasingly showing interest in Nigeria. Greater interest from global funds can be tapped into through a GDR listing as it would signal best in class disclosure, corporate governance and compliance.
    Also increased liquidity brings greater ability to use international debt/equity markets for future capital raises, lowering cost of capital.
    London corporate governance practices are considered ‘best in class’, giving investors additional comfort on equity story.
    Even though Zenith Bank is covered by about 17 analysts with six international and 11 local analysts, there is the potential to increase analysts coverage with the listing.

  • Chivita: Celebrating 10 ‘fruity’ years

    Chivita: Celebrating 10 ‘fruity’ years

    Recently, Chivita Premuim Fruit Juice, the flagship brand from the stable of Chi Limited, launched a new campaign to reinforce its “100  per cent fruit juice content”, a tagline that has won for the brand top- of- the-mind position among fruit juice consumers.
    Although competition in the juice market is becoming fiercer with different juice makers deploying various strategies to increase sales even as new entrants join the fray, Chivita has been able to squeeze more juice, more out of a tight market than its major rivals. The brand has sustained its trajectory as a leading fruit juice brand in a market strutted by other strong contenders.
    According to observers, part of the reasons for Chivita’s steady climb to the top is the health carrot it has been dangling with its three-legged brand promise: “No added sugar, No added preservative, No artificial colours and flavours.”
    Analysts believe Chivita Premium Juice growing dominance flows from the absence of artificial sugar additives in the product in the face of growing health-consciousness among juice consumers.
    Incidence of non-communicable diseases such as diabetes, hypertension, stroke and heart diseases is mounting. These diseases have been linked by experts to high consumption of refined sugar among other factors. With a life expectancy of 58 years staring Nigerians in the face, many Nigerians are becoming wary of refined sugar. Their fears is heightened by a wave of nutrition advocates, many of who are trained multi-level marketers of nutritional supplements who campaign for the return to natural foods. Gradually, to add to their ages, consumers are searching for natural foods in the food and beverage brand basket.
    Some of the consumers, who spoke to our correspondent, confirmed that they preferred it because of its constituent and natural fruit taste.
    One of them, a young businessman who gave his name as Chinedu, said: “Chivita is very nice, especially the orange and pineapple flavours. They taste like real fruit juice.”
    Another consumer, Theo Chukwuka, said, “I like Chivita because it is thick and taste more like juice from real fruits. Another thing is that it is readily available.”
    Corroborating their views, a juice stockist at the popular Mushin Provision Market, who declined to mention his name, said: “There are some that are real fruit juice like Chivita, which is why many consumers are buying it.”
    Chivita Premium Fruit Juice was first introduced in the country in 1996, when many consumers had a penchant for patronising imported products based on the perception that they are of higher quality. The use of such products, which range from apparels to consumables, were a status symbol.  The rich and elite preferred imported products while the poor do local products. In an attempt help build the economy, the Federal Government had to introduce ban of certain categories of goods, including juice in 2002 to wean Nigerians from their foreign goods addiction. The result was a shift that saw some hitherto foreign brands being produced locally. Many of them, including Chivita, had a hard time convincing of the same high quality. Hence when Chivita re-entered as a local brand, very few gave it a chance.
    However, over the years, Chivita has grown its equity with campaigns that have helped to build brand presence and kept brand stuck in the consumers’ consciousness. One of such outstanding campaigns, which aimed at positioning Chivita Premium Juice as a food product with roots, is Be Nigerian, Buy Nigerian. The campaign sold the brand as a Nigerian brand of international quality such that big hotels and airlines now wet their clients’ palate with Chivita. The product is also found in markets outside Nigeria’s shores. Expressing delight at the growing popularity of Chivita outside the country, a source said, adding: “Chivita has become a brand that makes Nigerians outside the country to be proud of their heritage.”
    Another appeal Chivita offers consumer is the manner of its presentation. The brand blazed the trail of introduction of the German tetra pack format (a huge attraction for middle and upper social class) which helped to ensure longer shelf life.
    The brand also enjoys the parental pedigree of Chi Limited, a firm that boasts of 30 years experience building and marketing a number of successful food and beverage brands, such as Happy Hour, Caprisonne, Superbite, Beefy and Hollandia Yoghurt among others. Industry watchers believe consumer insight is at the heart of the brand successes.
    The parent brand is a massive investor in marketing/advertising support and has for years been exploring the accruals from celebrity endorsements of popular Nollywood acts, such as Jide Kosoko, Ini Edo, Nkiru Sylvanus to rev up the brand visibility and connection with the consumer.
    Being on top of  art-juice squeezing is nnot easy. The Managing Director of Chi Limited, Roy Deepan, admitted as much in an interview, when he said: “To get the natural product to our consumers is not an easy task.”  The fruit juice market is a peculiar market driven more on volume sales than price differentiation. With a price ceiling, most brands rely on other strategies to outwit competitors and for Chivita, the health carrot may be magic wand.

  • BOBO Beverages unveils school promo

    Bobo Super Kids and Schools Support Promo, an annual children and school support Programme by Bobo Food and Beverages Ltd. (BFBL) which kicked off in April will run till December 2013 across nine States. This annual give-back programme is on the bill of Bobo fruit Milk Drink, the first milk drink with Vitamin C, specially packaged in 200ml size HDPE bottlefor the Nigerian child.
    The Marketing Manager of Bobo Food and Beverages Limited, Mr. Eric Ewhubare Birhiray said, ”the Super Kids and Schools Support Promo sdevelopment in the country by rewarding the Nigerian kids and their respective schools for choosing Bobo fruit Milk Drink as the milk drink of their choice.”
    He said the Bobo Super Kids and Schools Support promo will run in phases to enable all kids within thecoverage areas to enjoy the promo and prizes on offer. Phase 1, which takes off in April and ends in July 2013, will cover the following States:  Oyo, Osun, Ondo,   Ekiti, Kwara, Edo andDelta; while Phase 2 will run in Lagos and Ogun Statesbetween September and December 2013. During the exercise,thousands of Nursery and Primary Schools- both Private & Public –will be visited by theBobo promo team.
    Mr. Churchil Iwuru, the Managing Director of Bottomline Promotions Limited, the experiential marketing company driving the activation revealed that the program would involve free Sampling of Bobo fruit Milk Drink, submission of 5 wrappers of Bobo 200ml and Essay writing Competition among school kids.
    Iwuru further stated that prizes on offer for schools included a school bus (first Prizes), computer systems with printers (Second Prizes), and school drum set (Third prize); while Cash rewards to be offered to individual pupils would include N50, 000 (First Prizes) N35,000 (Second prizes) and N25,000 (third Prizes) plus other consolation prizes such as school bags, T- shirts, exercise books, free Bobo Milk Drink, pencil packs, keyrings, School Wall charts (Human Body parts and Alphabet) , copies ofsuper Strikas young teenager comic magazine etc. The maiden edition of the programme in 2010 was won by Pavic International School, 2011 edition was won by Command School, Bonny Camp; while, 2012 edition was won by Valour Primary School Apapa
    Bobo Milk Drink was introduced into the Nigerian market in 2006 by Bobo Food and Beverages Ltd to meet the need of yearning consumers that needed high quality, juice concentrate and rich milk drink for their children and the entire family.Bobo milk drink,made from high quality full cream powder milk fortified with essential minerals that give it a distinct pleasant taste, aroma and nutritional value, was approved by NAFDAC and certified by the Standards Organisation of Nigeria (S.O.N).