https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
ADVERTISEMENT
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Friday, May 1, 2026
The Genius Media
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media
No Result
View All Result
First Bank Ad First Bank Ad First Bank Ad
ADVERTISEMENT
ADVERTISEMENT

Value is created when you are truly present!

Tgmedia by Tgmedia
November 18, 2017
in News
0
ADVERTISEMENT

No one can take the scope of advancement that has been brought about by the digital age. The totality of progress is astounding because of the intelligent development of new products and services.However, Marketers have made this progress a permanent excuse to stay behind their systems as opposed to being actually present where the real transaction or sales conversation takes place.

The real market place where true value is created is called ‘Oju Oja’ in Yoruba and in Japanese – ‘Gemba’. There is a beehive of activities in the Gemba because transactions are taking place at all times; conversations from customers, with customers, authorities, competitions, etc. are in this space – important resource for marketers who desire to improve their offerings. Oju Oja differs for every business and it is deeply intrinsic for every supposed business leader to make it a point of duty to constantly be present at the place, which really is the most important to the business.

RelatedPosts

Rite Foods Celebrates Employees on Workers’ Day, Reaffirms Commitment to Its People

BREAKING: Strong Message To Tinubu And INEC Moment ADC Breaks Silence Over Supreme Court Ruling

See Over 100 Happy New Month Of May 2026 Wishes, New Month Prayers For All

To a litigation attorney, Oju Oja is at the courtroom, while to a Transporter it is the park; it is that place where the customers and the business interact to exchange value. In today’s modern work practice, managers spend so much time doing analysis and forecasting with little or no direct interaction with the customers. It is also not enough to just go out, it is what you do outside that should determine what you do inside. Strategists have become complacent, relying only on online listening tools to get insights for major brand campaigns or brand plans.

While these tools have been designed to ease the complexities of getting information, it was never meant to substitute actual interaction with customers. Professionals are not only expected to listen to their customers through proxy rather they should ensure they can hear directly.

Why you need to be at Oju Oja?

You get to know the Real deal:While you may have partners and staff members responsible for ideas, sales, insights, etc., nothing beats the direct interpretation of what customers are saying. In recent times in Nigeria, following the recession in five consecutive quarters, customers have less disposable cash but they still have to buy. On visiting the market, I discovered that a number of consumer brands have maintained prices or reduced their prices but on a closer look the brands have silently reduced their pack sizes such as Ribena Concentrate – from 1000g to 850g, Dano Milk – from 500ml to 380ml, etc. The pack sizes seem to remain the same but the value offered has actually been reduced. Some competitor prices have however skyrocketed because they have maintained same size and there is no way old price will work.

You go beyond assumption When you manage a brand or render a service, there is a tendency to put the business challenge over and above customer challenges. Data has become a big deal in Nigeria that provision of data has almost become the exclusive preserve of telecoms operators that were originally set up for mobile communication. Their technology has become so enhanced for data that they now offer 4G services. However it is amazing how Airtel Nigeria launched #dataislife campaign without having the 4G service and has become a major player in the industry. The campaign interpreted the consumers’ need for data as almost having life. Ahmad Mokhles, the CCO, said there was the need to continue to support the customers because connected people are inspired people. The campaign was accepted with open arms without questioning how recent the technology behind it is.

You will get results: Terry Leahy, former CEO of Tesco, Jac Nasser Former CEO of Ford, Bob Nardelli former CEO of Home Depot just to mention a few are all known for the priority they give to direct consumer interaction. They achieved significant results based on consumer insights that they used to implement the changes. Tesco became the world’s fourth largest food retailer from just being Britain’s biggest supermarket. Ford relocated its luxury division to Califonia for direct contact with consumers who set the trends in luxury car sector, this decision turned the shrinking market share to expansion. Home Depot introduced more new products that translated to more profit for the company.

You have to be at the marketplace, the insight you get is more that what market research will give you, your business will only be the better for it.

 

ADVERTISEMENT

 

ADVERTISEMENT

 

 

Profile

Olufunke Akinloye is a Marketing Communications and Brand Management Expert with over 15years experience in managing local and international brands. She is responsible for the strategic and operational leadership of Toolz Academy which includes strategic planning, learning, financial compliance, internal audit arrangements, governance, health and safety, tech, projects, procurement, ensuring the effective and efficient delivery of internal services, introducing new courses and expanding partnerships. Prior to now she had worked in reputable leading Advertising Agencies and FMCG managing brands to success.

 

Olufunke is passionate about imparting knowledge and she’s involved in formal and informal trainings in different capacities. She is also very involved in social projects especially where it relates to supporting the less privilege. She is a member of the Advertising Practitioners Council of Nigeria, Nigerian Institute of Management and Chattered Institute of Marketing, UK.

 

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading...
" data-ad-slot="">
Previous Post

My Take on the GTBank Fashion Weekend

Next Post

WEEKEND FOOTBALL: Check out the fixtures from the Premier League to La Liga, Bundesliga, Others

Related Posts

News

FFK Fumes As Senate Bill To Set Up Agency For Repentant Boko Haram Members

by Tgmedia
February 20, 2020
0

The Nigerian Senate has introduced a bill to create a federal agency that would take responsibility for the rehabilitation, deradicalisation...

Read more

BREAKING! Senator Dino Melaye Loses PDP Guber. Ticket In Kogi [SEE RESULT]

September 4, 2019

JUST IN: 72 Health Workers Test Positive For COVID-19 In Enugu State

June 26, 2020
Next Post

WEEKEND FOOTBALL: Check out the fixtures from the Premier League to La Liga, Bundesliga, Others

" data-ad-slot="">

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Copyright © 2024 TheGeniusMedia.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d