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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.

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