Daily Trust

Chivita, Hollandia win Best Brand Equity Awards 2016

- By Francis Arinze Iloani

Kantar Millward Brown, one of the world’s leading global research agencies specialisi­ng in advertisin­g effectiven­ess, strategic communicat­ion, media and brand equity research held its maiden edition of the Best Brand Equity Awards 2016 in Nigeria to recognise and honour some outstandin­g brands for the equity and 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.

Chivita and Hollandia’s success story is the result of consistent high quality, good marketing support, good understand­ing of the market and consumers, and of course an enviable consumer loyalty.

Speaking on the awards, Head of Marketing, Chi Limited, Probal Bhattachar­ya, noted that “Building strong brand equity cannot happen without a thorough understand­ing of the consumer and a deliberate decision to satisfy and exceed their expectatio­ns.

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.

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