Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
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This department is responsible for nurturing a brand towards market leadership and <strong>of</strong>fering<br />
consumers with innovation and novelty in brands. With a deep consumer insight, the Brand Managers<br />
look after the brands on a daily basis: planning and organizing activities that boost their image and<br />
increase their exposure. The Brands Team has been expanded to Brands and Development, thus<br />
providing the opportunity <strong>of</strong> increased coordination between the Marketing and Development Team<br />
and to ensure a successful innovation process at Unilever. The Development team is responsible for<br />
developing cost-effective formulations and packaging for the products and developing and improving<br />
the processes involved in their manufacture.<br />
However, Bangladesh still remains a Brand-Building country while Development generally takes place<br />
at regional level. Brand Developing countries are responsible for the brand category strategy,<br />
identifying new consumer and technology opportunities, product formulation and packaging design<br />
and communication strategy. The critical role <strong>of</strong> Brand Building is to lead the specific country category<br />
and brand operations team to create, execute and evaluate the insight-led Category Building Plan and<br />
Brand Marketing Plans created by Brand Development. Development at local levels takes place in the<br />
form <strong>of</strong> packaging innovations and minor product modifications to fit local consumer needs and<br />
production methods.<br />
Marketing information is crucial for UBL and the company decisions are based to a large extent on the<br />
accuracy and timeliness <strong>of</strong> such information. Consumer and Market Insight (CMI) team ensure that<br />
data are collected cost effectively to provide consumer information to aid the company to attain a<br />
competitive advantage. This helps to achieve a proactive understanding <strong>of</strong> the Bangladeshi<br />
consumer. The CMI team carries out various market and consumer research through external<br />
research agencies such as Sirius and AC Nielson and also coordinates with regional CMI team to<br />
gather category research done globally.<br />
Brand activation is the core marketing process through which a brand is brought to life through a<br />
variety <strong>of</strong> brand experiences. The activation team builds a brand by creating a physical or emotional<br />
space in the consumers’ lives that enables the brand to interact in a meaningful way. These activation<br />
programs drive purchase and preference by building consistent, long term relationships with<br />
consumers. The responsibility <strong>of</strong> the media team is to buy media space, settle the different media<br />
packages for each brand and coordinate various partnerships and events with media partners.<br />
The Organogram on the following page depicts the different positions in Brands, Development, Media,<br />
Activation and CMI.<br />
<strong>Evaluation</strong> <strong>of</strong> <strong>Entry</strong> <strong>into</strong> <strong>Ice</strong> <strong>cream</strong> <strong>Business</strong> for Bangladesh Limited 13