Brands/Products
BenQ’s Projector Business Jumps to Number One in Q3’17
By Modupe Gbadeyanka
Global number one DLP projector brand, BenQ, has announced its Q3’17 reports to reveal its spectacular performance in the projector segment.
With a majority of the market share captured in the projector segment, it has emerged as the number one brand across the Middle East and Turkey region improving its market share and setting new standards for customer satisfaction.
With its remarkable product launch of home cinema projector range, BenQ reported an astounding sale of 55,000 units in the first ten months of 2017, cementing its position as number one player in the projector business. The firm has held the top slot since 2009 with a massive 25% share of the world market. It holds an enviable position in the educational projector segment, with the coveted top slot in its favour since 2007. It holds approximately 30% of the world market share in this segment. With the high precedence set, BenQ is now looking to surpass this benchmark in the coming quarter.
Overall, BenQ has been on an upward inclined sales graph from Q1’17 and by the end of Q3’17, it succeeded in acquiring largest market share in the projector business with an impressive 23.60 percent SoM in Middle East and Turkey region.
The company’s market share increase was also seen in KSA with SoM of 46 percent.
Manish Bakshi, Managing Director, BenQ Middle East & Turkey, commenting on this achievement says, “Needless to say, we are pleased with the way the third quarter of 2017 has shaped up. Getting to the top of projector segment in not one, but three markets is certainly an achievement.
“Not only have we done well with respect to the market shares but the standalone figure of 55,000 units sold in just ten months is also a notable feat.
“Going forward, we hope to replicate and even surpass our performance by staying focused on perfecting our offerings to provide the right balance between functionality and design.”
BenQ is a brand with a wide range of products that combine design and technology to provide innovative viewing experiences. Functional and convenient, their products have found an audience of both professional and household users. They have come forth as pioneers in the segment with their constant innovation and commitment to excellence.
Currently, they have more than 70 projector models to cater to a wide variety of AV needs. For professionals looking for projectors for auditoriums, theatres and events, BenQ has a range of laser and normal lamp installation projectors. They also have short and ultra-short throw projectors to enhance Classroom Learning. Their special projectors come with wireless and LAN connectivity, ideal for office use. To take your living room cinema experience up a notch, their video projectors incorporates 4K resolution and are compact and portable for easy handling. Economical and multi-purpose, their range is ideal for the leisurely user or the dedicated professional.
With the launch of innovative and exceptional projector ranges like W11000, X12000, W1610UST and W8000 for home-cinema viewing, each offering distinctive advantages geared towards speedy growth for this segment. Providing theatre-like feel at home, BenQ has managed to unleash a new cinematic experience like never before.
Brands/Products
The Urgent Tasks Before Prime Mart Superstores in Ogun
By Emmanuel Udom
It is no longer news that Prime Mart Superstores officially opened it outlet to the public few days to Christmas.
The outlet is located along Lagos-Abeokuta expressway, near Ifo Area Police Command in Ifo, Ogun State. It was declared open by the High Chief of Ifoland, Mr Semiu Ogunjobi.
At the event on Saturday, December 21, 2024, Mr Ogunjobi praised the management of the outlet to high heavens, for setting and meeting its target.
According to him, “Prime Mart Superstores set out to achieving what was possibly seen as an impossible mission around August this year, when constructions works on the outlet began with the target of opening it by December and hit the its target.”
He also debunked the impression that Ifo is a no-go area for business, possibly due to the activities of area boys, and assured that the new outlet in Ifo will open up soon.
However, in a strategic marketing mantra, the outlet promised low prices shopping experiences to customers on all its numerous products and services, this yuletide period and always.
Also ahead of the opening, dancers and drummers were spotted at major bus stops and crowded areas around Vesper, Coker Ibogun, Pakoto, Ifo Market area, St Mary Catholic Church junction at Alaja, Ewekoro, old bank, distributing fliers to residents of various communities in Ifo.
Beyond the jamboree that greeted the opening of the outlet. close observations by some of those who stormed the place on shopping spree showed that there are some urgent tasks the management of the superstores must sort out.
Indeed, children, youths, women, men, had fun since Saturday, shopping, dining, wining, taking pictures, dancing to the beating of the drummers and generally showing off.
But, let’s spotlight some of the tasks for immediate redress for the ultimate good of the outlet.
Security
Yes, the outlet is located near Ifo Police Area Command, in Ogun State. But, it is along the Lagos-Abeokuta expressway and with the movement of people and vehicles around the area in the night, security should be beefed up.
I am sure Seyi Williams, an Assistant Commissioner of Police and Ifo Area Police Commander, is already thinking in this direction with his officers.
Yes, this writer spotted some So-Safe officials, undercover police officers, SSS operatives and TRACE officials during the day. But, some of them were not there when this writer visited the outlet around 8.15 pm on Christmas day.
Pedestrian Bridge
Crossing the Lagos-Abeokuta expressway, especially at certain points is hellish and dangerous. You all know these dangerous points. Some reckless, restive and possibly drunk commercial and other drivers, do drive on both sides of the expressway in order to meet targets.
The outlet opens 8 am to 9 pm daily and the Ogun State and the federal government should tinker at this point in time with the idea of constructing a pedestrian bridge at Prime Mart Supermarket bus-stop, so that those going on shopping could shop and get home in one pieces.
Water Management
On the opening day, it was observed that the water system in some of the toilets was not functioning in optimum capacity. It is understandable. But, as at December day when I went shopping with my family, the issues have been successfully sorted out.
Wastes Management
Observe carefully while driving or walking through Lagos-Abeokuta expressway. The wastes dumped around Sango bridge near the markets are huge and clearing the wastes has not been easy for the state management guys. The expressway is littered with wastes at various points. I only hope the wastes generated at the outlets could be promptly cleared.
Continuous Orientation for the workers
Mr Adeyemi Moshood, a management staff told this reporter that those hired were screened and interviewed October this year. According to him, some of the posts advertised were that of bakers, store staffers, cleaners, security officer, marketers, and admin officers, among others.
But, independent interactions reveal that some of the workers need continuous orientations, on how to relate with customers, knowing the exact prices of items displayed for sale, not over flashing and showing off their lovely designer’s uniforms with the intention of attracting attention or whatever.
Emmanuel Udom, the Editor of Global News Agency, can be reached via: [email protected]
Brands/Products
Jumia Adds PalmPay as Payment Method for Nigerian Shoppers
By Modupe Gbadeyanka
Nigerian shoppers now have more payment options on the popular e-commerce platform, Jumia, with the integration of PalmPay after a strategic partnership sealed by both organisations.
It was gathered that this collaboration underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and growing the use of the cashless economy.
PalmPay is a leading Africa-focused fintech operating Nigeria’s most used mobile wallet and its addition to the Jumia payment gateway will allow shoppers to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.
This alliance marks the beginning of a long-term collaboration between two industry giants, aiming to drive innovation, increase convenience for consumers, and foster the adoption of digital payments across Africa.
To celebrate the launch of the partnership, PalmPay and Jumia are launching a special Christmas campaign, running from December 11 to 30.
During this period, customers who make purchases on Jumia using the PalmPay payment method will stand a chance to win exciting cash rewards.
“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience.
“This strategic alliance aligns perfectly with our shared commitment to delivering a superior user experience and exceptional value to our customers,” the Chief Marketing Officer of PalmPay, Ms Sofia Zab, said.
“At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience.
“This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform.
“By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions,” the chief executive of Jumia Nigeria, Mr Sunil Natraj, stated.
Brands/Products
Olam Agri Excites Consumers With Mama’s Pride Macaroni
By Dipo Olowookere
High-quality pasta made from high-quality wheat, Mama’s Pride Macaroni, has been introduced into the Nigerian market by Crown Flour Mill Limited.
The product was launched at an event in Lagos on Wednesday, December 18, 2024, almost a year after the wheat milling and pasta business of Olam Agri in Nigeria unveiled Mama’s Pride Spaghetti.
The brand ambassador for Mama’s Pride Macaroni is Bimbo Ademoye, an actress, who is expected to use her influence in the Nigerian showbiz industry to drive sales.
Crown Flour Mill disclosed that it manufactured this new brand because of its continued commitment to delivering affordable, tasty, and nutritious food options.
It offers a non-sticky experience for lovers of pasta. It can be enjoyed plain with sauce, jollof, fried, or paired with vegetables.
“I am proud to identify with the business and Mama’s Pride Pasta. We share a common trait, a focus on enriching people’s experience and spreading joy across homes. I can assure consumers that this is the best pasta product in the market in terms of taste and preparation,” the brand ambassador stated.
“We put in so much effort into developing the Mama’s Pride Macaroni brand to build on the success of the spaghetti variance introduced about a year ago.
“This brand continues to garner rave reviews from trade partners and consumers. The Mama’s Pride Macaroni certainly will redefine its segment,” the Managing Director for Wheat Milling Business at Olam Agri in Nigeria, Nitin Mehta, stated.
Also, the B2C Business Head for Grains and Animal Feed at Olam Agri in Nigeria, Siddarth Suri, said, “We are delighted to be releasing the Mama’s Pride Macaroni to the market after careful product research, development and production processes.
“The effort put into the manufacturing of this rich product underlines our commitment to providing superior, top-quality and affordable products to feed the teeming local population.”
Further, the General Manager and Head of Marketing for Olam Agri in Nigeria, Bola Adeniji, stated, “Consumer responses after various product testing engagements show that the Mama’s Pride Macaroni is unrivalled in its segment. This gave us the confidence to go ahead and launch the product on the market.
“Considering pasta meals have become popular among households, our brand is positioned to provide culinary delight across dining. It is versatile and combines perfectly with a variety of sauces and toppings.”
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