Tag: Brands

  • Brands gather for African Brand Congress

    The Institute of Brand Management of Nigeria (IBMN) is to hold this year’s edition of African Brand Congress (ABC) and African Brand Leadership (ABL) merit award.

    Holding next week at the Lagos Sheraton Hotels & Towers,  Ikeja, the Registrar of IBMN, Mr. Desmond Esorougwe, said the congress and brand leadership award were aimed at celebrating leadership, innovations and creativity in Africa; and to also showcase the brilliant minds and institutes that are delivering positive change and shaping Africa’s future.

    The event will honour CEOs, brands, products and services and public officers, who have excelled and demonstrated uncommon initiative and have driven leadership in the African economy.

    Holding in collaboration with the African Institute for Brand Management (AFRIBM), he said the African Brand Congress was an annual fiesta of best brains behind most successful and sought-after African Brands.

    “It is meant to stimulate, motivate and excite the creative lobe of your brain using the same kind of thinking and exercise that we use in our workshop. The Congress is designed to educate, engage and inspire brand building and value creation. It is an appropriate platform for all brand owner and industry player to discuss how brand in Africa can increase their Global competitiveness,” he said.

    The congress will enhance professional development in the area that are most relevant to the business community of today. Also, the Congress will provide hand on skill building experience for brands and brand managers. Therefore, the congress expect participant from all over Africa.

    Esorougwe stated further that the focus of the congress would be to support brands in the journey of excellence in brand building and to discuss and influence creation of African Global Brand.

    He said participants at the Congress would have learn how branding operates in some of the world’s most successful business, the future trends in leadership and how to implement new strategies and techniques in their organisation

  • Killing local tomato paste brands

    Killing local tomato paste brands

    Porous borders and ignorance have been  identified as the biggest challenges of growing local tomato paste brands in Nigeria, reports ADEDEJI ADEMIGBUJI.

    These are trying times for owners of locally-produced tomato paste brands. A recent undercover survey report by the industry has revealed that Nigeria’s porous borders and the poor capacity of consumers to differentiate between quality and substandard tomatoes paste products are the biggest threat to the survival of local brands.

    For local players, Seme and Cotonou in Benin Republic are the conduit through which unapproved imported tomatoes brands flood the Nigerian market, hence, posing a big challenge to local brands.

    “All the 12 warehouses visited eagerly offered to deliver in Nigeria any quantity of any brand chosen within two days if 70 per cent down payment is made. A top distributor in Cotonou, Fedinand Ababio showed us packed consignments he claimed would be delivered to Nigeria that night,” the report stated.

    With Nigeria’s economy dominated by substandard and cheap tomato paste smuggled across the borders, some local brands, such as Vitali, Ric-Giko and Sonia, grapple for survival.

    While unapproved imported brands have penetrated most homes, industry brand handlers are worried that low consumer education remains another challenge to deal with.

    The recent survey revealed that the yardstick used by most consumers to pick their preferred tomato brand is the level of “thickness” and “redness” of the paste.  About 22 housewives and caterers, who were interviewed in three areas of Lagos, said they used these yardsticks to determine their choice.

    However, recent findings revealed by the National Agency for Food and Drug Administration and Control (NAFDAC) showed there is need for massive consumer education on tomato paste brands that are healthy to avoid self-poisoning among consumers in the country.

    The Nation learnt that NAFDAC officials recently visited 27 main markets and four major supermarkets around Lagos and picked 330 samples of tomato pastes for laboratory analysis. The results for 314 were later released. Of 314 released, 286 of these tomato pastes originating from China, representing 91.1 percent, were found unsatisfactory in terms of tomato content. Only 28 returned satisfactory, even though both satisfactory and unsatisfactory tomato pastes had the same red colour.

    “The red in most of the tomato pastes imported into Nigeria indicate an addition of colorant, which is prohibited, dangerous to health and shows that Chinese companies are merely adding colour, rather than the raw material called concentrates, into tomato pastes imported into Nigeria. These colouring stick to veins, arteries and vital organs  accumulate to cause cancer, hypertension and other diseases,” the report stated.

    It was also revealed that majority of the imported tomato pastes in the country do not contain lycopene, thereby exposing millions of Nigerians to cancer and other deadly diseases.

    “Lycopene, is a free radical-fighting antioxidants. Free radicals are damaging molecules that float around in the body disrupting cells and promoting disease. Antioxidants, such as lycopene, destroy free radicals so they can’t attach to your cells and wreak havoc on the immune system. The deception is completed by reducing the content of tomato concentrates and filling up the space with starch to boost thickness,” the report stated.

    However, the President/Chief Executive Officer Erisco Foods Ltd, Eric Umeofia, said activities of nefarious tomato paste importers, supported by an ignorant consuming public are almost bringing the local tomatoes industry to its knees.”We have huge stocks of finished products worth billions of naira in our warehouses which we are not selling due to dumping of these dangerous and substandard brands of tomato paste from China that are cheap and filled with starch and colours,” he said.

    Umeofia also revealed that with about “1,000 containers of tomato coming into Lagos port every week. Nigeria is losing $1 billion to tomato paste importers every year.”

  • Growing up amidst brands

    Growing up amidst brands

    To no particular purpose, I found myself thinking the other day of some of the brands I have known since childhood. To my surprise, a good many of them are still around, a tribute to their durability in an era in which many artifacts hardly live up to their vaunted billing and many more are as evanescent as rainbow gold.

    The house in Kabba was full of brands.

    Dad drove a Mercury V8 sedan, shaved with Gillette razor blades, wrote his journal entries in Lett’s Desk Diary with a Parker 51 fountain pen with a ceramic cobalt-blue barrel and a gold clip that used only Quink ink, squirted Peak milk into his occasional afternoon cup brewed from original Lipton tea leaves that came in a yellow can, sweetened it with Tate and Lyle sugar, did his official correspondence on a portable Remington typewriter, followed world and local news on a Bush radio powered first by Exide car battery and later by a bulky Berec battery pack, and litup the family lounge at night with a Tilley gas lamp.

    Fuel for the car and for Dad’s trucking business came, first, in 44-gallon steel drums, and later from the Mobil filling station, the only one in town.  Sunflower Kerosene came in squat tin receptacles holding four imperial gallons.

    Back then, the BSA motorcycle was a big status symbol, even if it came with a single ‘silencer’. The double-silencer model was capital. Even a Raleigh or Rudge bicycle got you some attention.

    I cannot recall when I last saw or used Tate and Lyle’s cubed sugar. It dissolved far too slowly, but that was no accident, I would gather some decades later.  The manufacturers had taken into account the tropical clime in which it was marketed.  If it did not stand up to the moist and damp air, it turned deliquescent and messy.  The British were ever so thoughtful.

    Not so the French.  They made their St Louis cubed sugar dissolve almost in an instant, and it soon supplanted the British brand.

    I used to gaze with envy at two older brothers holidaying from high school as they spread Blue Band margarine on boiled yam at breakfast or lunch.

    Star beer was the beverage of entertainment; in fact it was synonymous with beer, and its pitch man was the delightful cartoon character  Sammy Sparkle, who thought nothing of stopping cricket matches because it was time for Star.  They said the beer went well with Bicycle cigarette.

    Talking of beverages:  In the beginning there was Krola, which looked and tasted like what would later enter the market as Coca cola. From a distance, Guinness Stout, with its dark like Kola could well have been another name for that line of beverage was just another name and would taste just the same.

    One day I pilfered a half-pint bottle from a crate Dad kept in a store for his visitors from out of town. Unable to open it, I drove into the crown a sharp iron stake, the type the women of the house used for checking whether the yam in the huge cast-iron kettle that stood on three legs was ready for pounding.

    As its content burst forth in a foaming cascade, I seized the bottle with both hands and took a mouthful.  It tasted like cascara sagrada, a popular purgative in those days that was almost as repellent as liquid quinine. I spilled it out immediately.  Since then I have not touched Guinness Stout.

    Ovaltine was far and away the favourite family beverage, with or without milk and sugar.  Surreptitiously shoveling heaps of the brown powder into the mouth was always a delightful even if illicit and hence punishable pleasure.  Nescafe has been just as durable.

    Remember Trebor peppermints? Whether rectangular or round, it kept your throat agreeably tingled, and freshened your mouth and your breath. I haven’t checked them out lately but they were in the market up to several years ago, handed out to shoppers in place of small change the paper currency could not accommodate.

    Good old Vaseline must be one of the most durable ointments ever manufactured.  Usually standing on the shelf beside it was Mentholatum in the white and blue container that looked like a snuff box.  It was balm you used for almost every purpose.  Thermogene, in the white and red snuff box, was for external use only.

    If you bruised or sprained your knee or ankle, there was always Dr Sloan’s liniment, bearing Dr Sloan’s lean, mustachioed visage on the pack in which the bottle came and on the bottle itself. Are you by any chance reading this, Professor Remi Olatunbosun, alumnus of Igbobi, formerly of the University of Lagos, and most recently of the University of Birmingham?

    Talking of medications, there was the analgesic of first resort, APC, which the former first lady Patience Faka Jonathan, having regard to the contemporary political formation of the same name, dismissed as an expired drug?   In the event, what expired was the debauched kleptocracy over which her husband gleefully presided.

    For tough laundry jobs, there was Key soap, which came in long bars.  More delicate laundry called for Sunlight, which came in tablets as did the pinkish toilet soap Lifebuoy.  I haven’t seen Sunlight soap in a long time, but Lifebuoy is alive and well.  I recall buying a tablet from a supermarket in the United States last summer, more from nostalgia than from pressing need.

    If you wanted to add some sparkle to white fabrics, you soaked them in water containing a pinch of Robin Blue (aquamarine), rinsed gently, and put them out to dry. The stuff is still very much around.

    If you wanted your skin to be as lustrous as that of eight of every ten film stars who regularly used it, then Lux toilet soap was your brand, though I had no idea who a film star was.  Lux is still on the supermarket shelf.  Is Pepsodent still there?   It was the toothpaste you graduated to after dispensing with your chewing stick.  Yardley’s was the obligatory face powder for men.,

    The first men’s designer shirt I recall noting was Aristocrat.  Later came Rael Brook and Arrow and Double 2 and Van Heusen, made by the finest European clothiers.  Of these, only Arrow and Van Heusen are still highly visible in the stores, but they are more likely to have been made in the sweatshops of Thailand or Vietnam or Pakistan.

    Cecil Gee leather shoes with two-inch high crepe soles were à la mode.  Does anyone still wear them?  Then there was the quiet elegance of Clarks sandals, of which the quintessence was perhaps the Cross sandals.

    Even today, we still think of Afghanistan as a remote, inaccessible place that might as well be on the other side of the moon.  But it existed back then in our daily life through the indelible ink Kandahar, probably made in that city, now a metaphor for the mayhem that always places that country in the news focus for the wrong reasons.

    Asepso, the tablet soap containing mercury iodide, was a favourite among those bleaching the skin or those who wanted to make their faces picture-perfect.  Lather it on to the face, leave for several minutes, then wash it off, and you got the desired result.  If you let the lather stay on the fact for too long it could turn your face into a puffy mess.

    The Singer sewing machine has run the entire gamut from manual to electric and to electronic, apparently without compromising whatever it was that made the brand synonymous with sewing.

    Back then, Hoover used to be the first and last thing, indeed the only thing, in vacuum cleaning.  So much so that one of the officials of the Abacha regime grew up bearing that name, on account of his predilection for gobbling up every good thing in his sight.

    He was the original obtainer.

  • Why we invested in Chinese brands, by Elizade MD

    Elizade Nigeria Limited Managing Director Ademola Ade-Ojo has said that the company’s investment in Chinese brands is to provide more vehicular options to customers.

    Ade-Ojo spoke at the unveiling of $2 million showroom, which will take care of sales, services and spare parts.

    The showroom was meant for JAC Motors, a popular Chinese brand.

    Ade-Ojo added that JAC brands through Elizade Autoland “is poised to be meeting point for cost effective, quality vehicles for our loyal customers and others willing to believe in what we have discovered over the last three years.”

    He said it took the company three years to launch the brands because “we needed to be absolutely convinced that the JAC brand will not be a disappointment to Nigerians willing to use it for their everyday needs”.

    JAC, he said, is ranked in the top 10 auto manufacturers in China with sales close to 600,000 units last year and almost 60,000 units exported.

    On after sales, the junior Ade-Ojo said: “We intend to continue to develop other facilities across various states to further cement our conviction about the brand and to ensure that our customers will never suffer any disappointing experience whatsoever but in the meantime, our branch locations nationwide will provide needed services to customers who purchase the vehicles outside of Lagos,” he said

    Earlier, Elizade Nigeria Limited founder, Chief Michael Ade-Ojo, promised that the brand would one day be ranked among top vehicles like Toyota.

    This, he said, would indeed be a great success story for us.

    Recalling his over 40-year experience with the Toyota brand, Chief Ade.Ojo said it appears that history is about to repeat itself with the JAC brand.

    “Toyota, you can say was like a diamond in the rough back in the 70s, but today, everybody knows that the rough is totally removed and the diamond is now etched in perfection. JAC is the diamond in the rough today that Toyota was over 40 years ago.

    “The last thing I would want to do is to disappoint my customers who have come to rely on us and trust that we would offer them nothing but good vehicles,” Chief Ade-Ojo said.

    Elizade Chairman Dr Herbert Ajayi said the organisation was committed to satisfying customers’ needs and establishing best quality.

    Ajayi said: “This facility defines the value we are projecting to all our customers at Elizade and that is to provide quality products while offering genuine spare-parts and after sales value at all times.”

    Maintaining that the vehicles were tested vigorously in Nigeria and adjusted to meet requirements in the country, the chairman said, “we can only assure you we will continue to drive customer value ahead and make life easier and better for Nigerians as a whole.

    “We did a 120-day test-run on the various models of the JAC vehicles which included passenger cars and trucks. We can confidently say that we have achieved what we set out for with the JAC brand, and would not relent in offering quality automobiles and services to our customers,” Ajayi said.

  • Air Peace, Yudala, others emerge top trending Nigerian brands on Google

    Air Peace, Yudala, others emerge top trending Nigerian brands on Google

    Despite the attention given to the general elections and new cabinet last year, some local brands were able to break through the mental ceiling and retain the interest of Nigerians. Their reward was to keep trending.

    Google has captured a list of the top ten trending Nigerian brands of 2015, highlighting the brands that had the highest spike in traffic over a sustained period in 2015 as compared to 2014. The list begins with a huge surprise.

    Flying high on the line-up is the new kid on the runways of Nigeria’s airports, Air Peace. Led by Allen Onyema, the airline made its debut in 2013. Perhaps speculation about a possible connection between Air Peace and the wife of the former President of Nigeria, Dame Patience Jonathan set the search engines revving and kept the airline on the minds of controversy-loving Nigerians.

    Composite online and offline retail chain, Yudala, sits pretty in second place. Following its well-publicised launch in August, Yudala made waves in the marketplace with its promise to deliver purchases via drones. Reports of its first successful drone-powered drop off in November kept Nigerians talking for the rest of the year.

    Free online classifieds site, jiji.com, takes the next spot, ahead of online retail site, Payporte, online classifieds site,  efritin.com and online shopping site Kaymu. Remarkably, global market leader in the online classifieds space, OLX, did not make the list of top trending brands in Nigeria. neither did Konga.

    Dubai-based mobile device start-up, Injoo made the list at number 8, riding on the success of its ‘reasonably priced’ smartphones and tablets. Injoo leads regional and International carrier Medview Airline and local telecomms operator, Smile Communications in the trend stakes.

  • Recession: Brands seek lifeline

    Most brands in Nigeria will require bailout to remain in business as the marketing industry was overwhelmed with promos, the Marketing Service Director, Nestle Nigeria, Mrs Iquo Ukoh, has said.

    Looking at activities in the industry last year, she said most marketers were at a loss on what to do to get the consumer’s attention as many promos failed to deliver the desired return on investment (RoI).

    “We all were at a loss on what to do to get the consumer’s attention. Many promotions did not deliver desired return on investment but we kept on shouting anyway in the hope that at least our nuisance value would get some attention. Unlikely brands partnered, goat, rams, cows, rice, free airtime were all used as incentives for consumers to buy. Buy one get one or two free also had their spotlight in this frenzy,” she said.

    As a result, Ukoh saw many brand equity sliding last year but she said many will most likely require a lot of investment in future to recover.

    “In all of this, I saw many brand equity start to slide and many will most likely require a lot of investment in future to recover,” she said.

    She noted that with the understanding that oil prices in the international market are not likely to go up in the short term, government spending will not rise significantly.

    “Many state governments in Nigeria have had to be bailed out on workers’ salaries.  Many state governments cannot pay the minimum wage. At the end of last year, many organisations had quietly laid off workers,” she observed.

    She also noted that products with imported content will jerk up prices hence impacting on volume growth negatively.

    She said: “For products with high imported content, price increases will be inevitable, as the volume growth may not be realised so value growth will be the option. This means price increases and further shrinkage in consumer base and consumer patronage.”

  • ‘How to build small brands up to global status’

    ‘How to build small brands up to global status’

    Some start-ups are scared of hearing the word branding when advised to engage it for their businesses.

    They think branding and positioning should only be explored by top brands, such as Coca Cola, MTN and others.

    In the words of the convener of Brand Forum and Chief Executive Officer, Thots ‘n’ Works, Mrs. Ogunleye Ayanfeoluwa, most of the start-ups demarket their services by “exchanging with clients poorly designed complementary cards that looks like a photocopied item.”

    These, according to her, are some of the orientations that make start-ups remain small players till they are run out of business  by smarter ones who understand branding.

    “But they fail to understand that small businesses too should brand and position for business growth to attract good customers,” says Ogunleye.

    However, with the recession trailing most big businesses, experts at a just-concluded Brandforum, a free enlightenment forum for SMEs, said this is the right time for small business owners to brand their products and service to attract big clients who need affordable services.

    At the forum, the Executive Director, Rainoil Limited, Godrey Ogbeche, who delivered the keynote address titled: “Start small, grow, big”, urged business owners not to be deterred by the state of the economy.

    “Most things grow big start small. Businesses like seeds have to endure a period of heat and harsh conditions in before they make head way and become big enterprises and conglomerates that people appreciate today.

    “Most of the advanced economies that we know of today are supported by hundreds of thousands of small businesses that employ more people and grow their countries’ GDP. So, be ready to start small now and grow big gradually,” Ogbeche advised.

    -Besides, Ogbeche noted that to attract the right clients, start-ups must have drive, passion, discipline, integrity, dedication and also understand relationship management skills.

    To start out small, she urged SMEs to be sure of their value proposition; get adequate knowledge about the products and services and the industry they operate in as well as avoid loans to finance their start-ups or assets.

    Drawing from her personal experience of starting Rainoil with her husband in 1994 with N300,000, Ogbeche stated that the first step to growing big for SMEs is strategic planning, just as she explained that each entrepreneur must decide what being big is for him or her.

    Also, Ogunleye urged SMEs to brace up in spite of the dwindling economy because it is their “finest hour” to compete and grow.

    Also, the Chief Executive Officer, Thistle Praxis Consulting, Ini Onuk, while fielding questions from the audience comprising business owners,  warned that each business owner must be ready to operate by principles of integrity in business dealings, adding that training staff is not an option even if many leave immediately after receiving advanced training from their employees.

    “For me, we sign a bond of about two years with any staff we are going to train. We can’t just train you and you leave. We have even trained others overseas in the past and they resigned immediately they returned from the training,” she said.

    At the public presentation of the  book written by Ogunleye titled: “What Mr Zack taught about Business and Life”, Onuk enjoined SMEs to buy the book as it contains many real life nuggets of running a business in Nigeria.

    Ogunleye also announced a branding makeover for three SMEs selected by her firm. She handed  them over to mentors who will help them grow.

  • AXA Mansard among top  50 brands

    AXA Mansard among top 50 brands

    AXA Mansard Insurance has been rated among the Top 50 Brands in Nigeria by APT Brand International Limited.

    Top 50 Brands in Nigeria is an annual selection of top brands in Nigeria. The award criteria include leadership structure, market acceptance, brand equity, product offerings, culture, quality service delivery and market performance.

    Commenting on the development, its Chief Client Officer, TosinRunsewe said: “Our brand has grown over time and has become a symbol of our desire to keep evolving new ways of pleasing our customers. The value of our brand represents the value we place on our customers and serves as a hallmark of our brand promise to them to protect their assets, health and loved ones.”

    Its Group Head Strategy and Marketing, Kola Oni, said:  ”We are delighted to receive this award for the second year in a row. The AXA Mansard brand is unique and this award is dedicated to our customers who have supported us over time even as they recognise and appreciate the AXA Mansard experience.”

  • How to build an enduring brand

    How to build an enduring brand

    Increasingly, the business world is competitive. It evolves daily with innovations, challenges and new trends.  An effective brand strategy gives you a major edge in increasingly competitive markets.

    But what exactly does “branding” mean? Succinctly put, your brand is your promise to your clients.

    It clearly shows them what they should expect from your products and services and such differentiates your offering from the crowd or competitors. Your brand is derived from who you are, who you want to be and who people perceive you to be.

    Your brand strategy is how, what, where, when and to whom you plan on communicating and delivering on your brand messages. Where you advertise is part of your brand strategy. Your distribution channels are also part of your brand strategy. In fact, everything is about your brand strategy.

    Consistent, strategic branding leads to a strong brand equity, which means the added value brought to your company’s products or services that allows you to charge more for your brand than what identical, unbranded products command.

    In the 21st century business world, entrepreneurs’ need to build strategic brands that would transcend to the future. There are basic fundamentals SME, corporate and evolving organisations should have in mind in building an enduring brand.

    Without these foundations, one cannot successfully build an enduring brand. The truth is when the fundamentals fail, the brand suffers.

    A brand is built on foundation of these fundamentals.

    1. DEFINATE VISION: An enduring brand must have a definite vision. A vision is an expression of corporate ambition.  Vision is an aspiration or description of what an organization would like to achieve or accomplish in the mid-term or long-term It is intended to  serve as a clear guide for choosing current and future decisions. Therefore, every brand as a matter of foundation should have its vision well defined from the inception. It will birth corporate values, ethos and beliefs.

     

    1. COMPETENT HUMAN ENERGIES: Yet another deciding factor for brands.  Some refer to it as human resource, but it connotes same thing.  Brands must have very motivated and competent human resources that are passionate, prepared and persistent about the brand’s vision.  When your brand’s resources are not ambassadors of the brand, then there is a clog in the wheel of your progress.  Constantly identify how to motivate your “energies” towards your corporate vision. It pays to do so.
    1. SOUND FINANCIAL MANAGEMENT: Nothing wrecks brands like financial recklessness. To mention brands that have kissed the dust based on this single action is messy. The effect is better imagined that experienced. Therefore, enduring brands must have very sound, technical financial management in place. Things should follow the established rules and regulations.  Most especially in Africa and Nigeria in particular, people want to cut corners on their duties with the hope of deceiving the system. Hence, every brand managers should ensure proper financial technicalities to cage mismanagement. This is vital for brands.
    1. EXECELLENT LEADERSHIP: This is the ability to guide, direct, control or manages a set of people. This is crucial in brands management. The old adage that says “When the head is bad, the whole body will be affected” is very apt here. If your business must succeed, then up your leadership skills regularly. There are various trainings, free seminars on leadership development to attend.
    1. STRATEGIC PLANNING: Strategic Planning is putting positive efforts into your future. For your brands to last, you need to constantly ensure plans ahead of your competitors.  Be alert of new trends, inventions and technologies in your service industry.  Learn to embrace these new ideas if you must remain industry relevant.
    1. GOOD CORPORATE VALUES: Do you know that your corporate values determine what you value which in turns determines your corporate value in the industry? Think on that!

     

    Brand value exists in segments. You need to indentify your niche market and play there. A brand succeeds when the fundamentals are taken care of.

     

    Osanyintuyi has over 12 years rich media industry experience. He is passionate about using media for national development. As an expert in media relations and corporate communications, Sunday consults for SME, churches and other corporate organisations to maximize their media exposures.

    He belongs to some professional bodies like Nigerian Institute of Public Relations, (NIPR), and Nigeria Union of Journalists (NUJ) among others. He has undergone international trainings on media, leadership, and management.

    sundayosanyintuyi@gmail.com

    Twitter: @SundayOs

  • Huawei makes Top 100 Global Brands list

    Huawei makes Top 100 Global Brands list

    Huawei has been named one of Brandz’s ‘Top 100 Global Brands’ for 2015, ranking 70 on the list.

    Marking Huawei’s debut on the BrandZ list, the achievement follows Huawei’s ranking on Interbrand’s ‘Top 100 Best Global Brands’ list last year.

    The BrandZ ‘Top 100 Global Brands’ list is developed by Millward Brown Optimor, a leading global research agency that operates under the world’s largest communications services group, WPP.

    The Global Head of BrandZ, Ms. Doreen Wang, said: “Huawei has made it onto a BrandZ list for the first time today. This is the result of Huawei’s solid carrier business and also its active expansion into the enterprise and consumer businesses. Huawei has invested in its global technology offering, demonstrated with two third of its revenue coming from markets outside of China. Ranking on the BrandZ list recognises Huawei’s real strengths.”

    Huawei’s brand value is estimated to be over $15 billion in the year and ranks 16th in the technology sector on BrandZ’s list.

    The Senior Marketing Manager, Consumer Business Group (BG) of the brand, Mr. Olaonipekun Okunowo, said: “This is a great joy to Huawei globally to be ranked on the BrandZ ‘Top 100 Global Brands’ list for 2015.”