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Sunday, 26 February 2017
CHI LIMITED’S CHIVITA AND HOLLANDIA WIN BEST BRAND EQUITY AWARDS 2016
Major leading brands
across the world have achieved market dominance through strategic innovations
and effective marketing, thereby developing invaluable assets of competitive
advantage like brand equity & consumer franchise. Brand custodians who
understand this are constantly thinking outside the box to create strategies
for consumer preference, loyalty and affinity that builds brand equity.
Recently, Kantar Millward Brown, one of the world’s leading global research agency specializing in
advertising effectiveness, strategic communication, media and brand equity
research held its maiden edition of the Best Brand Equity Awards 2016 in
Nigeria to recognize and honour some outstanding brands for the equity &
consumer preference that they enjoy in the marketplace. Two leading brands from
the stable of CHI Limited, Nigeria’s undisputed market leader in
Juice, Nectar & Value Added Dairy products, were honoured for their
Outstanding Brand Equity and market leadership in their respective categories. Chivita
won the Best Brand Equity Award in the Juices and Soft drinks Category, while Hollandia emerged winner of the Best Brand Equity Award in the Dairy category.
Speaking on the awards,
Head of Marketing, CHI Limited, Probal
Bhattacharya,
said that building strong brand equity cannot happen without a thorough
understanding of the consumer and a deliberate decision to satisfy and exceed
their expectations. Chivita and Hollandia are market leading brands driven by
strategic innovation and insight led marketing. Our aim for these brands has
always been to be the gold standard whenever quality juice and dairy products
are mentioned.
According to a Brand
consultant with WingPlus Communication, Mr. Akin Adeseko, “We have identified a few brands
that have excelled in the marketplace and our observations with Chivita and
Hollandia is that, CHI Limited has made conscious effort to build brand equity
through strategies including attractive products, packaging, deliberate
consumer targeting with healthy product variants and cost effectiveness which
ensures Real Value For Money.
“When you add their various consumer engagement activities like activations and promotions to the various television advertisements, commendable digital presence and efficient product distribution ensuring that their products are available to consumers across Nigeria, there is no doubt that the recognition is well deserved” (Vanguard)

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