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NEWS ALERT: Hindustan Unilever Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 27, 2010 in which the 1st quarter results will be announced. NEWS ALERT: Pakistan's exports to China during the first quarter of 2010 recorded at $0.41 billion showing an increase of 96.70 percent compared with the same period of last year. NEWS ALERT: Dr. Shahid Masood (Renown anchor person of Geo TV Network) has joined ARY Network as a President. He will look after as a head of all the related departments. NEWS ALERT: The Advisor to Prime Minister on Finance and Economic Affairs, Dr Abdul Hafeez Shaikh, has said that Economic Survey for 2009-10, highlighting the performance of the economy during the outgoing year will be released on June 4. NEWS ALERT: The consolidated budget deficit of the federal and provincial governments during first nine months (July-March) of fiscal year 2009-10 stood at Rs 625.960 billion or 4.2 percent of the GDP. NEWS ALERT: Barclays Bank said it would sell off its American mortgage collection operation for $1.3 billion in cash, exiting a business it acquired nearly four years ago before the mortgage market went bust. London-based Barclays said it would sell HomEq Servicing business to West Palm Beach, Fla.-based Ocwen Financial Corp., which specializes in handling loans made to borrowers with weak credit. News Alert: Pakistan economy is getting back on track after a balance of payments crisis 18 months ago but it still remains vulnerable to shocks and a risky market for investors, the IMF’s representative said on Tuesday. News Alert: President Asif Ali Zardari on Tuesday summoned the budget sessions of the National Assembly and Senate on June 3 at 5pm and 4pm, respectively. News Alert: Hinopak is Pakistan first automobile company to export its buses to Middle East and African countries in early 1990's and once again it has taken a gigantic leap in the international market by starting export of buses to Middle East and Africa. News Alert: Romanian Ambassador to Pakistan Emilian Ion has said that there are bright opportunities of establishing joint ventures in various trade fields between the private sectors of Romania and Pakistan. NEWS ALERT: International media is taking special interest of recently development of the Geo TV chief Hamid Mir linked to ex ISI man killing. NEWS ALERT: According to research reports, the mobile phone market has been forecasted to grow annually at 7 percent valued at AED 1.4 billion (US$ 374 million) by 2014 . Further, the sale of smart phone devices in the Middle East would reach 8.5 million units in 2010. NEWS ALERT: Nokia has filed a lawsuit in the US, alleging that Apple's iPhone and iPad 3G infringe on a number of its patents. NEWS ALERT: South Korean firm, LG Electronics has locally partnered with Silverbird Cinemas in a marketing strategy worth Sh12 million ($160,000) annually to grow its Kenyan mobile phone sales share. NEWS ALERT: The Cannes Lions International Advertising Festival 2010 edition of the festival will be held from 20 to 26 June. NEWS ALERT: Halal food is emerging as a big market and the Muslim brother countries should take the lead under the umbrella of OIC (Organization of Islamic Countries). This was stated by the Federal Minister for Commerce Makhdoom Amin Fahim. NEWS ALERT: The re-launch of Unilever Pakistan, Sunsilk with the Co-creations campaign was well received by consumers, company said. NEWS ALERT: Industrialists have asked the government to rethink over its plan to have two weekly holidays, by declaring Saturday as off day. NEWS ALERT: Pakistan second fashion week kicked off Monday, April 5th to April 10 at an upmarket hotel in the southern city of Karachi with a grand opening ceremony. NEWS ALERT: Pakistan telecom sector has boomed over the past 10 years and now has over 95.40 million mobile phone users, from some 300,000 in 2000, with cellular mobile density of over 58 percent, according to its state telecommunication authority. NEWS ALERT: Senior editors and anchors from India and Pakistan agreed on the need to create more empathy for each others country, and the dire need for more cross border information. The journalists are in the city for a meeting titled Talking Peace convened by Aman ki Asha, a joint initiative of the Jang Group of Pakistan and the Times of India Group. NEWS ALERT: Chinese telecom giant, China Mobile will invest $300 million in Pakistan in 2010, mainly on expansion of its infrastructure in the south Asian country. NEWS ALERT: McDonalds, which has about 1,100 outlets in China, expects to boost that number to a total of 2,000 by the end of 2013, said Tim Fenton, the company president of Asia Pacific, Middle East and Africa. NEWS ALERT: The lawmakers of NWFP on Thursday demanded immediate ban on late night packages offered by all the mobile companies as it was needed to protect the young generations from moral degradation. NEWS ALERT: NOKIA, The world's biggest maker of mobile phones, expects its share of the global handset market to remain flat next year. NEWS ALERT: Completing 50 years in India, Fevicol has released a new commercial titled Moonchwali, positioning it as the Worlds Shortest Feature Film. NEWS ALERT: Nike Inc. raised its quarterly dividend by 8 percent to 27 cents per share from 25 cents per share. NEWS ALERT: Finnish handset manufacturer Nokia announced today that it will lay off 330 workers from its research and development staff, which CNET says is roughly equivalent to 2 percent of its global R&D workforce. NEWS ALERT: Pakistan current account deficit has shrunk by 84 percent to some one billion dollars in the first four months of current fiscal year mainly due to rising home remittances and sharp decline in trade deficit. NEWS ALERT: The University of Peshawar has postponed the convocation 2009 for the regular students of MA/MSc/M.Phil/Phd degree holders for the session 2007 2008. The event scheduled on 30th October 2009.The new schedule would be announced by the administration soon. NEWS ALERT: To mark the 60th anniversary of Peoples Republic of China, the management of Beach Luxury Hotel, Karachi is organising the Flavours of China Food Festival from Thursday October 22 to 07 November 2009. NEWS ALERT: Pakistan current account deficit posted a decline of 89 percent in the first quarter of the current fiscal year, mainly due to higher home remittances and sharp decline in trade deficit. NEWS ALERT: Hamdard Foundation Pakistan is holding a seminar to commemorate the services of late Hakim Mohammad Saeed on his 11th death anniversary, at a local hotel in Karachi on Saturday (October 17) at 3.00pm. NEWS ALERT: Pakistan Telecommunication Authority (PTA) will hold Telecom Consumer Forum on a theme Together for consumer rights, in Islamabad on Thursday at a local hotel. NEWS ALERT: The countrys foreign exchange reserves rose to $14.75 billion in the week that ended on October 3 compared with $14.49 billion the previous week, the State Bank of Pakistan said on Thursday. NEWS ALERT: Although India Pakistan match registered a Television rating point (TRP) of 4.5, overall matches played in Champions Trophy ranged between 1.7-2, as per rating agency TAM. NEWS ALERT: The countrys foreign exchange reserves rose to $14.75 billion in the week that ended on October 3 compared with $14.49 billion the previous week, the State Bank of Pakistan said on Thursday. NEWS ALERT: Pakistan Steel Mills Corporation (PSMC) has posted some Rs 4 billion losses during first quarter of the current fiscal year mainly due to slow production, following shortage of raw material. NEWS ALERT: Asad Ali Shah, President of the Institute of Chartered Accountants of Pakistan (ICAP), has been elected as Chairman of the inter-governmental working group of experts on International Standards on Accounting and Reporting (ISAR) of the United Nations Commission on Trade and Development (Unctad). NEWS ALERT: The furniture and other valuables worth millions of rupees of Royal Bank of Scotland (RBS) branch located in Clifton reduced to ashes due to a huge fire in bank's basement on Wednesday. NEWS ALERT: Pakistan Telecommunication Authority (PTA) has seized two networks of illegal gateway exchanges in Lahore, which were causing huge loss to the national exchequer. NEWS ALERT: The Securities and Exchange Commission of Pakistan (SECP) registered 192 companies during the month of Sep, 2009. The total corporate portfolio as on 30th Sep, 2009 comprises of 53,780 registered companies. NEWS ALERT: PIA on Friday bade farewell to its Director Marketing Salah uddin, who proceeded on Leave Preparatory to Retirement (LPR), before he finally retires in June 2010. NEWS ALERT: The Students Week at the University of Karachi (KU) will be organised from October 12 to 17. NEWS ALERT: Vice Chancellor Punjab University, Dr Mujahid Kamran called on Punjab Chief Minister, Muhammad Shahbaz Sharif at Chief Minister Secretariat on Saturday and apprised him of academic activities in the university. NEWS ALERT: Samsung Electronics is all set to share its technological expertise with the underprivileged children of SOS Children Village and nearby dwellings at Dodhial, Hazara Division. NEWS ALERT: Saleem Moosa Parekh has been elected unopposed as Chairman while Ahsan Arshad Ayub as Senior Vice Chairman and Shahnawaz Ishtiaq as Vice Chairman of Site Association of Industry (SAI) for the term of 2009-10 NEWS ALERT: Sofitel Tower, an international chain of hotels and towers, is expected to commence its operation in Pakistan by 2011. This was stated by Abdul Rehman Naqi, managing partner, Sofitel Tower Karachi NEWS ALERT: The British Petroleum (BP) Pakistan in its development program drive has donated computers, classroom furniture, sports equipments and electric water cooler worth Rs 1.32 million to the Government Boys Higher Secondary School at Village Rajo Nizamani in Tando Muhammad Khan.  

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Cell Makers Challenges
 
Global Study Finds....
 

DESPITE ECONOMIC CRISIS. CONSUMERS VALUE BRANDS’ COMITTMENT TO SOCIAL PURPOSE

Strong Personal Beliefs in Making a Difference Signal Opportunity for Marketers
New findings from this year goodpurpose(TM) global study of consumer attitudes reveal that nearly seven in 10 (68%) consumers would remain loyal to a brand during a recession if it supports a good cause, and 71% say that when they think about the economic downturn, they have either given the same or more time and money to good causes. The study was released today by goodpurpose(TM), a consultancy at Edelman dedicated to connecting brands and companies with consumers around a powerful, involving social purpose idea for mutual benefit.
These findings, part of the second annual goodpurpose(TM) study, convey the eye-opening yet encouraging news that recent economic events have not had a negative impact on consumers contributions to good causes. Despite the downturn, across the globe peoples sense of commitment to helping others and to brands and companies that share that commitment remains strong. The survey queried 6000 consumers in 10 countries(1) and was conducted in August, September and October by StrategyOne.
Around the world, consumers voice a strong desire for marketers to connect their brands to social action. Forty-two percent say that if two products are of the same quality and price, commitment to a social purpose trumps factors like design, innovation and brand loyalty when choosing one brand over the other. Half (52%) of consumers globally are more likely to recommend a brand that supports a good cause over one that does not, and 54% would help a brand promote a product if there was a good cause behind it.
Brands that engage in social purpose can do more than just stand out in the marketplace, said Mitch Markson, president of Edelman's Global Consumer Brands practice and founder of goodpurpose. They can bring double value' to their customers, who get a product they want, plus support for a cause they believe in. Since 58% of consumers globally think it is OK for brands to support good causes and make money at the same time, marrying profits and purpose may prove to be a powerful strategy during these harsh economic times.
Consumers in China lead the way, with 58% indicating they are giving more despite the economic downturn. Women are more likely than men to agree that "during a recession it is still important for brands and companies to set aside money for a good cause or purpose" (82% v 78%) and that "if a company has to cut its costs during a recession it should not stop giving to good causes" (75% v 70%).

PUTTING MEANING IN MARKETING:
Around the world, a large majority of consumers, 87%, feel it is their duty to contribute to a better society and environment; 82% feel they can personally make a difference; and 83% are willing to change their own consumption habits to help make tomorrow world a better place; these findings are statistically on par with last year's study. Three-quarters (76%) say they like to buy brands that make a donation to worthy causes.
But while 42% of consumers globally say "helping others and contributing to my community" brings them the strongest feelings of contentment, only 25% say they gain contentment from the shopping experience. Sixty-three percent say brands spend too much money on advertising or marketing and should put more into a good cause.
Clearly, putting meaning in marketing is more important than ever, said Markson. These findings present brands with an opportunity to engage in mutual social responsibility brands and consumers working together to effect positive social change for mutual benefit and to realize a return on involvement, a new metric that looks at participation and involvement as true builders of brand loyalty. When a brand acts as a 'citizen brand, contributing to community and society beyond its functional benefits, 'doing good' can translate to doing well and the brand can forge a stronger emotional bond with its consumers.
Britas Filter for Good campaign, which asks consumers to take a pledge to reduce their plastic bottle waste, and the American Express Members Project, which invites members to realize their own social purpose vision and funds a selection of member-driven projects, are among the popular social-purpose brand programs that are changing the publics perceptions of what a brand can stand for and achieve.
Despite consumer interest, the study shows that brands need to better communicate their social purpose investments. Only 40% of consumers around the world say they are aware of any company that actively supports a good cause, and only 33% are aware of a brand that actively support a good cause. In China, awareness of brands that actively support a good cause grew from 55% in 2007 to 68% this year, most likely because of the recent
Olympic games.

COMSUMERS PUT LOCAL CAUSES, ENVIRONMENT FIRST
The study also shows that consumers believe supporting good causes begins at home. Two-thirds (65%) agree that it is becoming more unacceptable in their local community not to make some effort to show concern for our environment, and over a third (34%) say they have given most of their support to their local community. Sixty-One percent of people globally say they have taken an action to do good because they have been influenced by their or other peoples children.
Following from last year's study, environment remains the No.1 social cause consumers care about, followed closely by health, poverty and education. Nearly 9 in 10 consumers (88%) say they care about protecting the environment, and more than 8 in 10 of consumers (86%) care about improving the quality of health and healthcare, followed by reducing poverty (84%) and equal opportunity to education (82%). Respondents in India are significantly more likely than their peers in every other country to agree that there is too much fuss about the environment (79%) and to agree that they don't believe we are having global warming (56%).
New to this year study is the finding that consumers globally believe that government, more than any other entity, should take the lead in supporting the following three priorities: equal opportunity for education (55%); health (46%) and reducing poverty (40%). In France, most consumers think media should lead in building understanding and respect for other cultures (19%), while in India most thought religious institutions should do this (27%).
Among a list of causes that consumers care about, this year's study shows a decline in concern about fighting AIDS (73% in 2008 vs. 83% in 2007), while concern about supporting civil rights grew to 80% from 71% last year. Ironically, larger numbers of consumers in the developing countries of China (91%), India (79%) and Brazil (73%), said they are personally involved in helping the less fortunate or disadvantaged, compared to the global average of 65%.
The study also found that consumers consider the entertainment industry to be the most supportive of social causes, ahead of the sports, Internet, banking and food industries.
More information about the goodpurpose Consumer Study and consultancy, interviews with managers of brands that are engaged in social purpose, and news about socially active brands are available at the cooperative's Web site, GoodPurposeCommunity.com.
About the goodpurpose Consumer Study
StrategyOne conducted 6048 interviews in 10 countries between August and October 2008. The study was an online survey of consumers, nationally representative of each of the country populations.
For India and China survey was conducted as face to face and CATI respectively. Sample sizes per country are: US = 1006, China = 1000, UK = 522, Germany = 506, Brazil = 500, Italy = 500, Japan = 502, India = 503, Canada = 502. France was a new addition to this year's study, France = 507. The margin of error is +/- 3.1% for the U.S. sample and +/- 4.38% for the UK, German, Italian, French, Brazilian, Japanese, Indian, Chinese and Canadian samples; +/- 2.53% for the European (UK/Italy/ Germany/France) sample; +/- 3.1% for the North American (US and Canada) sample; +/- 2.53 for the Asian (Japan, China and India) sample and +/- 4.38 for the Latin American (Brazil) sample.
About goodpurpose(TM)
The goodpurpose(TM) cooperative is a consultancy from Edelman designed to mine the creative, socially responsible and financially lucrative opportunities that can arise when brands and consumers join forces around a social platform or meaningful cause. The consultancy features a cross-practice, cross-country team of professionals with expertise ranging from brand marketing, health and technology to entertainment, digital media, research, and corporate social responsibility. The goodpurpose offering includes an interactive workshop and exploration, research and insight data, creative campaign development and execution, and a forum for ongoing dialogue, information gathering and exchange at GoodPurposeCommunity.com.

 

 

 

 
 

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