Knowledge

Promasidor Nigeria

Source 📝

216:
at residential quarters or beside streets. Flyers were given to the kiosk owners to paste and sales teams were encouraged to develop relationships with the retailers. The company also promoted targeted adverts to young kids who may have not developed brand loyalty to the older bands. To develop new
147:
milk. However, sales generated by the firm's 400 gram powdered milk was not encouraging. To compete with the other milk brands, the firm imported larger packages of milk which are then sold to wholesalers who then scoop the milk from the larger package into smaller polythene bags for resale. This
168:
The first product introduced to the market by Promasidor then trading under Wonder Foods is Cowbell milk which now stands at its flagship product. It was followed by Loya milk introduced to the market in 2004 and then re-packaged in 2010 and lastly, Miksi. Cowbell is the main revenue driver for
148:
sales and distribution method did get some traction. Thereafter, Cowbell decided to import smaller sachets of milk to target middle and low income earners. This selling strategy increased the firm's revenue. Thereafter, the firm diversified into other sectors such as chocolate drinks,
123:
company headquartered in Isolo, Lagos. It is a subsidiary of South Africa based Promasidor Holdings. The firm's major brands include Cowbell milk, Loya milk, Sunvita cereal, Onga seasoning and Top Tea beverages. The firm introduced the sale of powdered milk in
191:
In 2004, the firm introduced Onga powdered seasoning produced in four variations of crayfish, chicken, stew and classic. It was the first powdered seasoning produced in Nigeria. In 2010, the firm launched Onga seasoning cubes.
172:
The firm also produces cocoa beverages: Cowbell chocolate milk, Miksi chocolate, Amila soft drink, Proma Cafe coffee and Twisco delicious chocolate drinks. These brands compete with
143:
in March 1993 under the business name of Wonder Foods. Cowbell milk was the first product introduced to the country and it was initially sold at a size similar to the market leader,
419: 414: 220:
The firm also has a history of sponsoring education and youth events such as a yearly math competition began in late 1990s. It also sponsors a yearly mathematics
409: 306: 169:
Promasidor in the powdered milk market sector, in June 2010, the brand held close to 24% share in market volume, tripling the volume of the Miksi.
183:
Bournvita. Cowbell chocolate was introduced to the market in 2000 and in 2011, it was among the top three cocoa beverage drinks in the country.
424: 247: 282: 341:
This Day. (February 5, 2003 Wednesday). Nigeria; Wonder Foods Changes Name to Promasidor. Africa News. Retrieved from Nexis Uni.
155:
In 2003, the firm changed its business name from Wonder Foods to Promasidor to promote uniformity across the group.
120: 212:
strategies, it encouraged its marketing team to wear company uniforms and to reach out to retailers selling from
351: 317: 248:"IFC Supports Expansion of Leading Fortified Food Company Promasidor Nigeria Limited with $ 25 Million Loan" 38: 28: 385: 217:
markets for bulkier purchases, the firm went to bakeries, confectioneries and yogurt manufacturers.
180: 173: 125: 278: 260:(August 2017). Drinking Milk Products in Nigeria. Euromonitor International Sector Capsules. 209: 144: 105: 403: 226: 176: 366: 221: 152:
and seasonings. In 2010, it recorded an annual turnover of $ 300 million.
140: 213: 85: 200:
The firm introduced Top Tea with round tea bags in April 1998.
149: 208:
In the early years of trading in Nigeria Promasidor used
275:
Kill or get killed : the marketing killer instinct
367:"Promasidor Launches Onga Cubes Into Seasoning Market" 352:"Promasidor launches Onga Cubes into seasoning market" 307:"CSL Conference September 2011: Quality Food Products" 131:The firm is a leading producer of milk in Nigeria. 104: 96: 79: 71: 52: 44: 34: 24: 139:Promasidor Nigeria Limited began operations in 8: 300: 298: 296: 294: 19: 420:Nigerian subsidiaries of foreign companies 18: 268: 266: 128:which was later followed by competitors. 386:"Promasidor restates commitment to STEM" 16:Nigerian consumer packaged goods company 239: 415:Manufacturing companies based in Lagos 7: 410:Food and drink companies of Nigeria 365:Ogunwale, Kayode (March 23, 2014). 14: 164:Powdered milk and cocoa beverages 384:Belo-Osagie (17 January 2019). 1: 425:Companies established in 1993 48:Wonder Foods Nigeria Limited 58:; 31 years ago 441: 273:Oyeyemi, Kolawole (2014). 117:Promasidor Nigeria Limited 20:Promasidor Nigeria Limited 121:consumer packaged goods 39:Consumer packaged goods 277:. Dallas: TP House. 371:Daily Trust (Abuja) 21: 390:The Nation Nigeria 114: 113: 432: 394: 393: 381: 375: 374: 362: 356: 355: 348: 342: 339: 333: 332: 330: 328: 322: 316:. Archived from 311: 302: 289: 288: 270: 261: 258: 252: 251: 244: 210:direct marketing 66: 64: 59: 22: 440: 439: 435: 434: 433: 431: 430: 429: 400: 399: 398: 397: 383: 382: 378: 364: 363: 359: 350: 349: 345: 340: 336: 326: 324: 320: 314:cslstockbrokers 309: 304: 303: 292: 285: 272: 271: 264: 259: 255: 246: 245: 241: 236: 206: 198: 189: 166: 161: 137: 92: 88: 62: 60: 57: 17: 12: 11: 5: 438: 436: 428: 427: 422: 417: 412: 402: 401: 396: 395: 376: 357: 343: 334: 290: 283: 262: 253: 238: 237: 235: 232: 205: 202: 197: 194: 188: 185: 165: 162: 160: 157: 136: 133: 112: 111: 108: 102: 101: 98: 94: 93: 90: 83: 81: 77: 76: 73: 69: 68: 54: 50: 49: 46: 42: 41: 36: 32: 31: 26: 15: 13: 10: 9: 6: 4: 3: 2: 437: 426: 423: 421: 418: 416: 413: 411: 408: 407: 405: 391: 387: 380: 377: 372: 368: 361: 358: 353: 347: 344: 338: 335: 323:on 2019-01-21 319: 315: 308: 301: 299: 297: 295: 291: 286: 284:9780985081591 280: 276: 269: 267: 263: 257: 254: 249: 243: 240: 233: 231: 229: 228: 223: 218: 215: 211: 203: 201: 195: 193: 186: 184: 182: 178: 175: 170: 163: 158: 156: 153: 151: 146: 142: 134: 132: 129: 127: 122: 118: 109: 107: 103: 100:Cowbell, Onga 99: 95: 87: 82: 78: 74: 70: 55: 51: 47: 43: 40: 37: 33: 30: 27: 23: 389: 379: 370: 360: 346: 337: 325:. Retrieved 318:the original 313: 305:Promasidor. 274: 256: 242: 227:Cowbellpedia 225: 219: 207: 199: 190: 171: 167: 154: 138: 130: 116: 115: 80:Headquarters 25:Company type 75:Robert Rose 45:Predecessor 404:Categories 327:20 January 234:References 110:Promasidor 67:in Nigeria 222:quiz show 204:Marketing 187:Seasoning 181:Cadbury's 174:Nestle's 97:Products 35:Industry 141:Nigeria 135:History 126:sachets 91:Nigeria 84:Isolo, 72:Founder 61: ( 53:Founded 29:Private 281:  159:Brands 106:Parent 321:(PDF) 310:(PDF) 214:kiosk 119:is a 86:Lagos 329:2019 279:ISBN 179:and 177:Milo 145:Peak 63:1993 56:1993 196:Tea 150:tea 406:: 388:. 369:. 312:. 293:^ 265:^ 230:. 224:, 89:, 392:. 373:. 354:. 331:. 287:. 250:. 65:)

Index

Private
Consumer packaged goods
Lagos
Parent
consumer packaged goods
sachets
Nigeria
Peak
tea
Nestle's
Milo
Cadbury's
direct marketing
kiosk
quiz show
Cowbellpedia
"IFC Supports Expansion of Leading Fortified Food Company Promasidor Nigeria Limited with $ 25 Million Loan"


ISBN
9780985081591




"CSL Conference September 2011: Quality Food Products"
the original
"Promasidor launches Onga Cubes into seasoning market"
"Promasidor Launches Onga Cubes Into Seasoning Market"
"Promasidor restates commitment to STEM"

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.