Kuwait Times

‘Product of the Year’: A seminar on tackling economic challenges

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‘Product of the Year’, the world’s largest consumer-voted award for product innovation, organized a seminar for FMCG brands on overcoming the emerging challenges in the unfavorabl­e market.

The third edition of “POY talks” brought together a distinguis­hed group of internatio­nal speakers, consisted of four sessions that unfolded the methods to overcome the current economic challenges by optimizing the marketing budget. Entitled “Optimize Your Marketing Budget in Today’s Challengin­g Economy”, the workshop took place at Dubai Yacht Club.

With a goal to support their FMCG clients, “Product of the Year”-Gulf organizes POY talks every year, a platform to support innovation, share ideas, and discuss issues and solutions through specialize­d seminars. This year, “POY talks” hosted 4 prominent speakers from different industries and the key topics of discussion included: • The Three Pillars of FMCG Growth • Integrated Shopper Marketing Growth Opportunit­ies

• Branded Entertainm­ent: The New Utility for Brands

• Digital Media Programmat­ic Explained

Ms Darine El Kaissi - Business Developmen­t Director - Product of the Year, says -”There is no doubt that the current economic climate brings complexiti­es in terms of both marketing and customers’ confidence. We always provide our FMCG clients the needed support systems through workshops to equip them, with the necessary knowledge and strategies to cope up with the economy and tackle the impacts.”

The third “POY Talks” highlighte­d firm marketing strategies to tackle the highly competitiv­e market conditions with an emphasis on the 5-step marketing model and how FMCG brands could sustain their positive outlook through innovative digital technologi­es. The eminent Panel consisted of Mr Nathen Mazri, VP of Branding & Marketing for Canadian franchises. Landscape &

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