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Vanguard Newspaper 21 February 2018
Vanguard Newspaper 21 February 2018
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22—Vanguard, WEDNESDAY, FEBRUARY 21, 2018<br />
Hair & beauty market: Local and foreign<br />
brands battle for supremacy<br />
Stories by<br />
Princewill Ekwujuru<br />
Local and foreign<br />
manufacturers in the hair<br />
and beauty segment of<br />
the market are locked in<br />
supremacy battle for market<br />
share.<br />
The battle for the market share<br />
is in the shampoo, conditioner<br />
and oil sub-sector of the market.<br />
The local brands competing<br />
against foreign brands include,<br />
Natures Gentle Touch,<br />
manufactured by Recare Nigeria,<br />
a multinational with local<br />
presence in Nigeria; Venus<br />
hair care range, manufactured<br />
by PZ Cussons, Promaxx,<br />
produced by Global Industries<br />
Limited; Topklass<br />
manufactured by VIP<br />
Industries Limited; Vinoz,<br />
produced by Vintage<br />
Industries Limited; Morning<br />
star, manufactured by M. S<br />
Industries Nigeria; Apple<br />
Beauty shampoo, produced by<br />
N.N. Fems Industries,<br />
Soulmate, manufactured by<br />
Soulmate Industries Limited and<br />
others.<br />
The foreign hair and beauty<br />
brands jostling for market share<br />
against local brands are, Dark<br />
and Lovely, Argan oil<br />
shampoo, Lemon sage, Nexxus,<br />
Vo5 Herbal Escape hair<br />
shampoo and conditioner,<br />
Shea butter moisturizing cream<br />
shampoo, and Revlon.<br />
The battle for supremacy is<br />
reflected in products<br />
segmentation, competitive<br />
pricing and attractive packaging<br />
by the manufacturers, aimed at<br />
expanding their market reach in<br />
a bid to leverage market growth.<br />
Another step taken by the<br />
producers to grow the market is,<br />
offering of products in different<br />
pack sizes and plastic<br />
containers, therefore widening<br />
consumer choices across different<br />
price ranges.<br />
Vanguard Companies<br />
Markets, C&M findings<br />
revealed that investment in<br />
infrastructure by the<br />
multinationals with local<br />
presence in Nigeria, increasing<br />
population, craze for beautiful,<br />
neat and fashionable hair have<br />
been identified as factors driving<br />
growth in the industry.<br />
The manufacturers are<br />
considering Nigeria as one of<br />
their major markets primarily<br />
due to the huge population and<br />
market size, which they see as<br />
attractive and ready-made for<br />
their products.<br />
C&M discovered that most of<br />
the brands come with shampoo,<br />
conditioners and oil, which<br />
makes it difficult for a consumer<br />
to buy the products differently.<br />
C&M also noted that the<br />
distribution system employed by<br />
the manufacturers is not different<br />
from the direct supply approach<br />
deployed by other product<br />
owners to reach their target<br />
audience.<br />
Consumers speak<br />
Findings by C&M in various<br />
markets and hair dressers in<br />
parts of Lagos, Ogun, Imo ,<br />
Anambra and Enugu States<br />
showed that consumers were<br />
divergent in their views, but<br />
majority of them preferred<br />
Natures Gentle Touch,<br />
Promaxx, Salvon, Topklass,<br />
Dark and Lovely, Nexxus and<br />
Soulmate.<br />
A consumer, Yemisi<br />
Awosanya, indicated preference<br />
for Topklass, saying, “It<br />
gives me the kind of soft and<br />
tiny hair I want.”<br />
Ms. Ifeoma Oji, a hairdresser<br />
who plies her trader at Iyana-<br />
Isasi, Lagos said: “Most<br />
customers who come here use<br />
Promaxx, Salvon or Natures<br />
Gentle Touch, this also depends<br />
on scull and skin type. People<br />
also go for these products<br />
because of their quality. “<br />
Another hair dresser, Francisca<br />
Ochonogor, whose shop is<br />
located at Isolo, Lagos, said:<br />
“All these products are of good<br />
quality, particularly Dark and<br />
Lovely, Argan oil shampoo,<br />
Venus and Natures Gentle<br />
Touch. Ochonogor who<br />
refused to mention brand names<br />
stated: “The challenge with<br />
some of the products is that<br />
consumers complain of burns<br />
after use.” According to Mrs<br />
Abisola Olarotimi, Chief<br />
Executive Officer of Ultimate<br />
Shampoo, Iyana-Iba market,<br />
Lagos State, said: Topklass<br />
hair shampoo is the most popular<br />
shampoo among consumers. It<br />
is widely used in salons; I<br />
often use the product because it<br />
repairs hair and makes it soft,<br />
although I also make use of<br />
Promaxx shampoo whenever I<br />
run out of Topklass.”<br />
From there you<br />
will find the<br />
right shampoo<br />
and conditioner<br />
for your hair<br />
type. For fine<br />
hair, use a<br />
product that<br />
won’t weigh the<br />
hair down, but<br />
give it strength<br />
and volume<br />
Ogbodo Ifeoma, a hairstylist at<br />
Jessica’s Unisex salon at Festac<br />
Town, Lagos State, said:<br />
“Topklass shampoo is the best<br />
so far, it softens hair and makes<br />
it shiny. When used on clients’<br />
hair, it makes the hair shiny<br />
and it is affordable.<br />
Expert speaks<br />
According to a hair expert,<br />
Josephine Oke, who runs a hair<br />
clinic in Surulere, Lagos, said:<br />
“Washing our hair is<br />
something most of us do without<br />
thinking twice about it. It’s just<br />
part of our daily routine. It<br />
might not be as simple as we<br />
thought. As it turns out, the<br />
way you wash your hair can be<br />
the difference between a good<br />
hair day and a bad one.”<br />
“After doing hair for 15 years, I<br />
find most people still have a hard<br />
time with this very fundamental<br />
task. The first step is<br />
figuring out what type of hair<br />
you have. Do a test and see if<br />
the diameter of your hair is<br />
smaller than a quarter. That<br />
means you have fine hair. And a<br />
quarter or more means you have<br />
medium to thick hair,” said Oke.<br />
“From there you will find the<br />
right shampoo and conditioner<br />
for your hair type. For fine hair,<br />
use a product that won’t weigh<br />
the hair down, but give it strength<br />
and volume.<br />
Fine hair has 50 percent less<br />
protein than medium or thick<br />
hair, which means it’s weak and<br />
needs to be strengthened. For<br />
medium to thick hair, look for a<br />
product with moisture that will<br />
soften the texture,” she pointed<br />
out.<br />
Friesland’s Peak milk gets HS boss nod<br />
Friesland WAMCO Capina,<br />
manufacturers of Peak Milk<br />
has been commended by the<br />
Chairman/CEO of HS Media,<br />
owners of Hotsports Nigeria<br />
Limited, Mr. Taye Ige for<br />
equipping the Nigeria<br />
Paralympics training centre at<br />
the National stadium in Lagos.<br />
The HS boss, while praising the<br />
company for turning the once<br />
upon a time, dilapidated Power<br />
Gymnasium complex at the<br />
National Stadium, Surulere to<br />
a world class training facility<br />
said: “This transformation<br />
shows WAMCO’s kindness.”<br />
Speaking, the HS boss said he<br />
complex which was equipped<br />
with the best and latest training<br />
equipments to challenge the<br />
Nigerian Paralympics’ team to<br />
achieve more remains one of<br />
several interventions by<br />
Friesland WAMCO.<br />
Celebrating the success story<br />
with the company, Chairman/<br />
CEO of HS Media, owners of<br />
PwC emerges top in Global Brand Index<br />
PwC has emerged one of<br />
the top 50 brands worldwide<br />
in the professional services<br />
sector, in the annual Brand<br />
Finance Global 500.<br />
The Global 500 is a list of the<br />
strongest and most valuable<br />
brands world-wide, with top<br />
positions dominated by the<br />
technology sector.<br />
The report assesses<br />
organisations across two main<br />
categories - the strength, and the<br />
value of their brand. The brand<br />
NIMN calls<br />
for<br />
establishment<br />
of Marketing<br />
Ministry<br />
Marketing practitioners,<br />
under the aegis of the<br />
National Institute of Marketing<br />
of Nigeria (NIMN), have<br />
stressed the need for the<br />
federal government to create a<br />
Ministry of Marketing that<br />
would enable it effectively<br />
prosecute its rebranding<br />
Nigeria project.<br />
The institute also elected new<br />
First and Second Vice<br />
Presidents and two executive<br />
members to support other<br />
council members in the<br />
running of the institute’s<br />
affairs.<br />
Speaking at the institute’s<br />
Annual Marketing Summit/<br />
Annual General Meeting in<br />
Abuja, over the weekend, the<br />
institute’s president and<br />
chairman of Council, Mr. Tony<br />
Agenmonmen, stated that such<br />
ministry had become<br />
imperative since professionals<br />
were needed by the<br />
government in its bid to<br />
reposition Nigeria.<br />
To achieve this, the NIMN<br />
boss counselled, the federal<br />
government should set up a<br />
marketing team, Team<br />
Marketing Nigeria, comprising<br />
marketing and marketing<br />
communications experts in the<br />
private sector and<br />
knowledgeable people in<br />
government, which will be<br />
responsible for the strategic<br />
design of the new marketing<br />
Ministry of Marketing.<br />
Agenmonmen also argued<br />
that the new ministry could<br />
serve as a replacement of the<br />
current Ministry of<br />
Information, National<br />
Orientation and other<br />
government ministries and<br />
agencies, believed not to be<br />
helping the rebranding<br />
Nigeria cause.<br />
Giving reasons for the<br />
institute’s decision to tag this<br />
year’s edition of the marketing<br />
Summit, Marketing Nigeria,<br />
Agenmonmen explained that it<br />
was borne out of the need to<br />
enable marketing professionals<br />
join other stakeholders in the<br />
task of repositioning brand<br />
Nigeria.<br />
HotSports, Mr. Taye Ige said as<br />
a company, they are happy to be<br />
part of that success story,<br />
initiated and financed by Peak<br />
Milk.<br />
strength is calculated using a<br />
number of measures, including<br />
marketing, brand perception and<br />
business performance relative to<br />
competitors. The strength score<br />
feeds into the overall brand value<br />
calculation.