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A World of Inspirational Problem-Solving, Savvy Brands and Smart Marketing

The goal was not to create a list of the largest global marketers or rank the brands that contribute the most to their company’s market value — plenty of others tackle those lofty questions. Rather, we sought to chronicle the brands percolating at the local and regional level; sometimes great marketing lessons can happen in your backyard, sometimes halfway around the world.

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Sure, the Global Economy Is Challenging Right Now, but These Companies Have Found Ways to Make Their Brand Messages Work Harder to Reach Consumers

Posted by Ann Marie Kerwin on 06.14.10

And MTN is a new sponsor of soccer’s World Cup and U.K. team Manchester United, another one of our hot brands. Man U is a sports team unlike any other, with 333 million fans worldwide. Sponsorship of its shirts offer a unique global media channel.

NEW YORK (AdAge.com) — It’s surprising what you can learn about local marketing from the parochial approach of South African chicken chain Nando’s as it expands into three continents. Or how customer service can be the differentiator that makes an upstart brand like Brazilian airline Azul. Or how to keep your cachet even when moving into second and third-tier markets as Swedish retailer H&M has done in its aggressive global expansion.

World's Hottest Brands
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World’s Hottest Brands

They are among the World’s Hottest Brands, an Ad Age Insights global report that tells the stories of 30 brands succeeding on a global, regional and local level.

The goal was not to create a list of the largest global marketers or rank the brands that contribute the most to their company’s market value — plenty of others tackle those lofty questions. Rather, we sought to chronicle the brands percolating at the local and regional level; sometimes great marketing lessons can happen in your backyard, sometimes halfway around the world.

But talk about a tough time to identify the world’s hottest brands. Categories from banking to automotive to retail were slammed as unemployment went up and consumer spending took a nosedive. Some marketers got by on the brand equity they’ve spent years building, others had to find a way to create demand for their products.

Take, for instance, Banco Hipotecario, which faced an arguably more devastating loss of consumer confidence in 2001. That was the year Argentina’s economy spectacularly collapsed, leaving a legacy of mistrust for all institutions. Over the past two years, Banco Hipotecario set out to win back consumers’ trust through smart marketing. The bank’s ads celebrated the idea of ownership, and reminded consumers why a relationship with a bank is more than a necessary evil.

Auto recovery
Auto brands had an especially tough 2009. But BMW managed to record a late-year uptick in sales, which it attributed to the growing market for luxury autos in China and coupling its long standing tagline, “The Ultimate Driving Machine,” with a new element: Joy.

The two other car brands on the list represent another kind of evolution, finding ways to address environmental concerns. Zipcar promotes car sharing rather than car ownership. The brand claims each Zipcar takes 15 to 20 owned vehicles off the road. And consumers can even choose their cars, reserve them and unlock a Zipcar all from an iPhone app.

The Tata Nano is billed as India’s first “car for everyone.” Costing just $2,000 and only 10-feet-long bumper-to-bumper, the Nano is small, cheap and fuel efficient and could just as easily be billed as a car for the next century. It already has copycats. China’s Geely Automobile, is developing a Nano rival that will cost just $2,144 when it goes on sale in 2012.

While China and India both represent huge untapped markets for many brands, getting products into the hands of customers that live in remote areas continues to be a challenge. Global computer maker Lenovo’s main strength lately is PC sales at home — particularly in China’s third-, fourth- and fifth-tier cities. Opening up distribution there means it now has a potential market of about 700 million first-time computer buyers. Lenovo reaches them through its “PCs for Rural China” program, presenting free films in more than 3,000 villages across China.

Fullerton India Credit Co. had a similar challenge. Small business owners in rural areas were among its best prospects for loans, but reaching them was a challenge as many are cut off from major media. The solution? Go to them. In a program dubbed “Gram Sabha” or “village meeting,” branded vans, which seat 10 to 12 people, were outfitted with a TV and DVD and, most importantly, air conditioning, a luxury in those areas. Potential customers watch 30-minute films about micro-finance. Through this initiative, Fullerton created a base of more than 600,000 customers in the past three years, with 50% categorized as “first-time” borrowers.

Africa
Another region with many consumers in remote areas is Africa. But thanks to mobile phones, people formally cut off from internet and telephone services are now plugged in. MTN, South Africa’s telecom, is riding this wave of mobile adoption. In 16 years, it’s grown into the world’s 11th-largest global mobile brand, with 116 million subscribers. In the most remote parts of Africa, it has become the de facto banker, a leading source of agricultural and health-care information and a go-between for trade among farmers. And MTN is a new sponsor of soccer’s World Cup and U.K. team Manchester United, another one of our hot brands. Man U is a sports team unlike any other, with 333 million fans worldwide. Sponsorship of its shirts offer a unique global media channel.

Technology, of course, is inescapable today, which is why four internet companies made the list. Facebook, with 450 million members accessing the site in 70 languages, is truly a global brand. Even with complaints about its privacy policies ongoing, there’s no denying Mark Zuckerberg’s site changed the way marketers communicate with consumers. China’s Tencent Holdings is the company behind QQ.com, an instant messaging service with 522.9 million active user accounts, and Soso.com, a search engine poised to explode now that Google has withdrawn from China. Major marketers such as Procter & Gamble and PepsiCo have already tailored campaigns for QQ.

Latin America’s MercadoLibre is akin to the U.S.’s eBay, and has 42.6 million registered users. One of MercadoLibre’s remarkable achievements is how it introduced e-commerce in Latin America, a place where even face-to-face commerce is mistrusted. Europe’s e-commerce powerhouse, Asos, was really an afterthought. In 2000, Nick Robertson noticed a demand for information about celebrities’ choice of clothing. So he set up a site — As Seen On Screen — that pictured famous people and listed exactly which brands they wore. Mr. Robertson hoped to make money from ads. But he soon decided Asos would actually have to sell the clothes to make money. Now it not only sells the labels celebrities wear, it’s got its own Asos label as well.

Natura, a Brazilian cosmetics company, has both sustainability and social networking at its core, and it was early to both trends. One of the company’s founding principles is that people and the environment are interconnected. Its sales strategy also takes a cue from how consumers are connected to one another, as Natura is the largest direct-sales company in Brazil. It’s now establishing retail locations and looking to take its brands global.

Retail was another challenged category, but the four retailers included in this list — H&M, Ikea, Tesco, and Uniqlo — each figured out how to make their operations work across borders, no easy feat. They also share a similar brand promise: quality goods at lower prices.

While it’s hard to argue or beat a brand premise that promises the best product and the best price, some brands manage to get consumers to pay more because of an inherent good associated with their name. Brazil’s Havaianas has taken the lowly flip-flop and turned it into a fashion sensation. Nike, likewise, has surrounded its athletic shoes and apparel with an aura of excellence by aligning with top athletes. It then takes those alliances and does innovative and extraordinary marketing around them, like the Chalkbot it built for Lance Armstrong’s return to the Tour de France. China’s Li Ning is studying Nike and building its very own aura. The company was founded and named after China’s most famous Olympian, but now it’s aligning with top Chinese and American athletes and even opened up a store in Nike’s hometown of Portland.

Planning expansion
Another brand from Asia is deliberately staying local, but by doing so, it is outselling package-goods giants Procter & Gamble and Unilever in its home market. Shiseido’s hair-care brand, Tsubaki, a line of shampoo and conditioners that use red camellia flower oil as a key ingredient, was pitched as more effective for Japanese women’s hair. Sales soared.

Tim Hortons is a beloved brand in its home country of Canada. Started as a coffee and donut shop by hockey legend Tim Horton, the chain today has 3,015 shops in Canada and can claim 40% of that country’s quick-service market. With 527 U.S. locations, it’s now eyeing how to move further afield.

As it looks to expand, Hortons may want to study what South African brand Nando’s has done. The chicken restaurant can be found in 35 countries, including Canada. While it has yet to put in a global branding campaign, it has established a consistent identity of cheekiness. Each region is told to “be parochial” and use local references in its marketing. By playing off current events, Nando’s stays topical and top of mind.

Other brands made the list because they hit with just the right product at the right time. Nintendo Wii, with its sensor-motion technology, transformed the video gaming space. The founder of JetBlue left that company and moved to Brazil, where he noted a definite gap in airline service that he could fill with Azul. The Economist has been around for 167 years, but its presentation and packaging of world events seems to work just as well today.

If you want to be a global brand and save the world, follow Pampers’ lead. Procter & Gamble teamed with UNICEF for the “one pack equals one vaccine” program, and transferred its child development brand attribute to the developing world.

The promise of branding is that it can take a commodity product and imbue it with qualities that make consumers choose it over any other. That’s not a new idea, but it is always heartening to see it really work. Argentina’s Mama Lucchetti brand of pastas and soups got a makeover by agency Madre, Buenos Aires, and sales took off. A catchy jingle, cute animated characters, and a great consumer insight add up to a near perfect case study in branding.

And for a master class in global branding, see Coca-Cola and McDonald’s — two megabrands that don’t take anything for granted, reinventing and refreshing as they go to maintain worldwide dominance.

Despite economic downturns and increased competition, the power of a well-managed brand endures.

originally published in Adage – http://adage.com/globalnews/article?article_id=144404

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Businessuite Markets

The LAB Reporting Higher Net Profits Based On Strong Focus On Agency Segment

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Kimala Bennett Chief Executive Officer for Limners and Bards Limited (The LAB) has released the following unaudited financial statements for the three months ended January 31, 2024, which have been prepared in accordance with International Financial Reporting Standards (IFRS). The consolidated results include the subsidiary Scope Caribbean Limited (Scope) whose principal business is the scouting, placement and management of talent while expanding and maintaining a database of quality talent.

The LAB achieved higher net profits when compared to the corresponding period last year. This was based on the strong focus on the Agency Segment of the business for this quarter, as the company continued to build brands. The Agency Segment provides the highest profit margin and as such bolstered the results for the period. The company also implemented cost containment measures, which resulted in a 19.2% reduction in administrative expenses when compared to prior period. We continue to maintain a strong balance sheet and our cash position grew stronger over the period. Our asset base increased, as we reinvested in the business through further upgrading film studio facilities.

Revenue for the three months ended January 31, 2023, was $219.4 million, down 11.4% relative to the prior period. This decline was primarily attributable to a reduction in production during the period due to its cyclical nature. Notwithstanding this, the Agency segment outperformed the comparable period. The revenue achieved was derived from the company’s core business lines: Media totalling $118.3 million, followed by Production with $29.3 million and Agency with $71.6 million.

The company remains fully focused on executing its strategy of diversifying its income, through engaging new clients and the introduction of new service lines. These strategic endeavours are aligned with our company’s expansion strategy into emerging markets, all aimed at fostering sustainable growth, increased revenues, enhanced profitability; while proactively anticipating the evolving needs of our valued clients and enhancing shareholders’ value.

Gross Profit for the three months was $88.9 million, down 3.3% when compared to the corresponding period. Net Profit achieved was $26.2 million, up 295.7% relative to the comparable period. due to higher gross profits from the agency segment and lower administrative expenses. Administrative expenses decreased by $16.3 million or 19.2% in comparison to the corresponding period last year. These decreases are primarily due to reduction in contractor and staff cost.

The consolidated Balance Sheet saw total assets increasing by $119 million or 15.1% to $909.3 million compared to $790.2 million in the corresponding period. This increase in assets is driven by building and film studio facilities improvement and purchases of new production equipment to facilitate future growth.

Current Assets amounted to $731.7 million, increasing by $107.6 million over the prior year, primarily due to a 43.6% increase in cash and cash equivalent. Management continues to maintain tight monitoring and control over receivables. Cash and cash equivalent increased by $142.4 million over the corresponding period last year. Shareholders’ equity grew to $624 million, up from $548.1 million or 13.9% over the corresponding period last year.

The LAB is pleased to report significant progress in our strategic initiatives. We have successfully completed the pilots for two TV/web series, “SEEN” and “Jenna In Law,” as outlined at our last Annual General Meeting (AGM). Additionally, Pre-production for our first feature film, “Love Offside,” is currently underway, with production scheduled to commence in June 2024.

In line with our strategic objectives, we are actively engaging with international networks and digital streaming platforms to secure distribution opportunities for our content upon production completion. This proactive approach ensures that our creative endeavours have a suitable platform to reach global audiences.

For More Information CLICK HERE

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Businessuite News24

Brand Jamaica Must Be Protected – Senator Hill

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The Government continues to enhance the development and protection of the intellectual property (IP) rights of Jamaicans as a key contributor to national development, says Industry, Investment and Commerce Minister, Senator the Hon. Aubyn Hill.

“Brand Jamaica and the excellence of our products and services must be protected and not infringed if they are to contribute meaningfully to Jamaica’s growth and development,” he noted.

The Minister, who was addressing the recent CARIFORUM Intellectual Property Rights and Innovation Case law Conference at the Spanish Court Hotel in Kingston, said that through the Jamaica Intellectual Property Office (JIPO), works as diverse as music and computer programmes are protected by copyright; pharmaceuticals, by patents; and clothing and jewellery are protected as designs.

He informed that Jamaica jerk and rum have Geographical Indications protection, which provides safeguards against misuse or imitation of the registered names and guarantees the true origin of the products to customers.

The Minister noted, further, that Jamaica is a signatory to international treaties that have enabled businesspersons to more easily access the global IP system for the registration of their intellectual property.

“Examples are design rights through the Hague Agreement concerning the international registration of industrial designs, inventions and innovations through the Patent Corporation Treaty and, of course, the protection of business owners’ trademarks through the Madrid Protocol, which we most recently signed. We have ensured that this is a local provision through JIPO and have facilitated the international provisions through these international treaties,” he informed.

Senator Hill, in welcoming the staging of the Case Law Conference said the work of the judiciary in interpreting and giving effect to clarifying issues that arise in IP legislation is one of the key pillars of governance.

The hybrid conference was attended by members of the judiciary and academia from Caribbean and Latin American countries.

It aimed to increase capacity and knowledge among the judiciary, the legal profession and relevant educational institutions about intellectual property issues.

By: ROCHELLE WILLIAMS, March 18, 2024

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Businessuite News24

Betting, Gaming And Lotteries Commission Seeking Input Of Citizens On Advertising And Marketing Guidelines

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The Betting, Gaming and Lotteries Commission (BGLC) is seeking the input of citizens on the advertising and marketing guidelines being proposed for gambling and gambling related products in Jamaica.

A public consultation is being undertaken via electronic survey and an in-person session is scheduled for Monday (Nov. 20) at the Terra Nova All Suite Hotel in Kingston, where various stakeholder groups have been invited to participate and share their views on the proposals.

Persons have until December 1, 2023, to access the survey online at www.bglcconsultation.com.

“I would advise persons to go to the consultation summary and then click the form that takes them directly to the e-survey,” Manager, Corporate Affairs and Communication, BGLC, Wendy Robertson, told JIS News.

She noted that the entire public consultation document is available on the website and provides a lot of information, however, “the summary gives a good synopsis of what the consultation is about”.

Persons may choose to respond to any or all the questions in the survey.

All responses will be considered. Names of individuals or the organisations they are responding on behalf of will be published on the BGLC’s website, as part of the published responses to the consultation.

Ms. Robertson told JIS News that there has been a noticeable increase in gambling advertising, especially since the onset of the COVID-19 pandemic and as such, the Commission has to put the necessary safeguards in place.

“Part of the BGLC’s mandate is to protect consumers from gambling harm and financial exploitation, particularly among the vulnerable population, and we have to ensure that guidelines are put in place or stipulated to help prevent the forms of communication that may drive gambling harm,” she said.

The Corporate Affairs and Communication Manager said the BGLC is aware that research conducted by gambling regulators in other parts of the world has shown a clear link between marketing and advertising and the risk to customers.

“The Commission also recognises that the type and level of risk will vary from jurisdiction to jurisdiction so rules and controls applied need to be proportionate and relevant to the gambling market in Jamaica,” she noted.

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Marketing & Advertising

The List – Businessuite’s Top 50 Caribbean Marketers to watch for 2024

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Djuvane Browne, Co-founder and CEO One Great Studio

Businessuite’s Top 50 Caribbean Marketers to watch

Djuvane Browne Chief Executive Officer is a man of many talents – Djuvane is an ultimate frisbee player, father of four, honorary husband of the year, and of course, our Team Leader. With over 20 years of experience, his passion for innovation and creation is only rivaled by his love for family and fresh prestige jelly donuts. Djuvane combines a wealth of experience with his established educational background in Psychology, Computer Science and Business Management, to match people-focused technology solutions to business objectives.

At One Great Studio, our digital agency is fully staffed by some of Jamaica’s most talented designers, developers & digital marketers who take pride in consistently delivering GREAT results for our clients.

We’re digital natives with deep knowledge of design, technology & business. We help you generate more leads & make more sales with digital marketing, websites, web applications & mobile applications.

Nominate Businessuite’s Top 50 Caribbean Marketers to watch for 2024

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Marketing & Advertising

The List – Businessuite’s Top 50 Caribbean Marketers to watch for 2024

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Arnold J. Foote C.E.O. AdMark

Businessuite’s Top 50 Caribbean Marketers to watch

I have been fortunate throughout my career to be surrounded by amazing talent that positively influenced by life. Starting with my Dad who understandably worked hard to keep me in line and mentor me, to all the other people I wave worked with in various capacities. I lead an amazing company filled with a blend of crazy and skill. Strategic thinkers, designers, creatives and managers. We are a first world agency residing in a developing world scenario and we wouldn’t have it any other way. AdMark is a lean, mean communications machine that many competitors are still trying to figure out. We love the clients that have us as their communications partners, hate their competitors and appreciate our media and production partnerships. Anyway, back to work. One day I will read this over and proof read. This is not that day. Cheers.

Since 1964, AdMark has been revolutionising the industry with its innovative approach to crafting effective and creative communications campaigns for some of the region’s biggest brands. Our relentless pursuit of excellence and out-of-the-box thinking has earned us a reputation as one of the most dynamic and cutting-edge agencies in the region.

We are proud to be powered by our powerful FCB International Alliance. This partnership enables us to leverage the latest thinking, technologies and strategies to deliver results that exceed our clients’ expectations and KPI’s.

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