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TRINITY BUSINESS SCHOOLTrinity College DublinINDIVIDUALGROUP Essay
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Nov 19th, 2019

TRINITY BUSINESS SCHOOLTrinity College DublinINDIVIDUALGROUP Essay

TRINITY BUSINESS SCHOOL

Trinity College Dublin

INDIVIDUAL/GROUP ASSIGNMENT COVER SHEET

MSc Entrepreneurship

Module: Brand Management Date Due: 21/11/2018

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This sheet must be attached to your assignment. The onus is on the student to keep a hard copy of all assignments.

This is my own/group work. Any material taken from other sources has been fully referenced in the text of the work. All sources used in the preparation of this work have been listed in the Bibliography.

I/We have read the statement on plagiarism in the College Calendar, p.

H18-H.20 and understand that plagiarism is an offence that may result in expulsion from the University.

Student Number Student Surname

(BLOCK CAPS) Signature

18338119 OLADIYUN

Word Count : 1044

INTRODUCTION

The art of story telling is one of total universality. Stories transcends time, place and, ethnic origin and creed. Storytelling permeates all cultures, communities, and tribes. Stories carry meaning which are traditionally passed down in order for intrinsic cultural and fundamental values to survive.

Likewise, most major corporations and businesses have discovered the power of stories as a branding tool. This paper aims to use Peak Milk as a case study, and will illustrate how Peak Milk utilizes its signature story to carve a market niche for its brand.

Figure 1: The Peak Milk Brand

PEAK MILK’S SIGNATURE STORY (YouTube, 2011)

‘Papiloo, I know say one day you go make us proud’.

These were the words resonated with me and my fellow Nigerians when we saw Peak Milks first advert on television. Persons without Nigerian origin may not understand the implications of this message. It is in pidgin English, a language that cuts across the ethnic diversity back home and carried a subtle but humorous jingle, an amalgamation of tongues that carries a message farther than could be imagined. Roughly translated, the above words literally mean “Papiloo, I know that you will make us proud someday.” Peak Milk effectively utilizes this form of brand communication to portray the story of a young Papiloo, whose full name is Kanu Nwankwo, a boy in Owerri State being asked by his mother to purchase peak milk, to go with his breakfast cereal. The advert flashes forward twenty years to reveal Kanu as an adult, who became one of the best football athletes from Africa. The viewer sees he represents his home country, and plays for English Premiership Club, Arsenal.

Figure 2: Young and Grown Up Kanu Nwankwo “Papiloo”

Although the message seems simple, there is an inherent paradox, particularly when one considers the prevalence of economic hardship in Nigerian. Papiloo represents a great percentage of young children growing up in Nigeria who have dreams to one day be someone great. The story told, to a large extent is factual, as Kanu Nwankwo had an immensely successful career going on to win an Olympic gold medal for Nigeria and trophies with Arsenal. Every parent wants a strong, healthy growing child and nutrition is a major factor in a child’s development. Milk is an important source of calcium which promotes healthy bones and teeth for young children and is a vital staple in every home all over the world – Nigeria bears no exception. Very much aware of this trend, Peak Milk conveyed its product qualities and brand values with a signature and identifiable story.

The peak milks signature story effectively captures the desire of every parent who wants their child to be successful in their chosen career by portraying its main brand purpose which is to provide nourishment for Nigerians at different stages of their lives with quality dairy nutrition in order to reach their Peak (Ehikioya, 2015). It became a reference point when parents attempted to convince their children to eat their meals. The Story of young Papiloo is not about just feeding a child, but offering quality nourishment, vitality, and building the strength and dreams of Peak Milk consumers. The story suggests all those who purchase its product will become a person who matters in the world. I would thus argue that Peak Milk brings the archetype of a nurturer to the forefront of its brand.

Peak milk, attaching its signature story to the core of every Nigerians desire for a healthy growing child now, and a successful person in future has resulted in a powerful brand equity in Nigeria. Today, the significance of Peak Milk’s signature story echoes strongly throughout every product offering, advertisement and method of brand communication. Peak Milk gives all stakeholders, from partners to customers, a clear picture of what the brand and its product offerings embody and portray. To illustrate this point, the brand’s tagline, “it’s in you,” communicates to both internal and external customers that in them lies the potential to be someone great.

Furthermore, the signature story encapsulates the brand values of Peak Milk beyond just words. Merely stating that it is the first dairy brand to be fortified with 28 vitamins and minerals would not have been the most ineffective branding route. When a company lists the qualities of their product or service or their brand values, they become mere unintriguing word that communicates only to the mind and not the heart (Fog et al., 2010). Stories to a great extent have the ability to affect behaviors and beliefs which is one of the reasons most religious figures used parables to teach lessons and pass messages across to their followers. Attention is easily acquired by stories because they are interesting and very easily connect to the target market (Aaker and Aaker, 2016). They also make it easy to remember information which is why parents tell their children traditional folklores or tales in a bid to teach moral lessons.

How Signature Story Positioned Peak Milk

A great Signature Story defines who we are and what we stand for (Fog et al., 2010), and Peak Milk has strategically executed this in such a manner that it has position itself as not only a product that provides quality nourishment for consumers but encourages and improves their mental growth and development. The brand strategically creates brand campaigns to encourage consumers to further incorporate Peak Milk into every meal they prepare and not just relegate it as an additive of light breakfast meals. (Babatunde, 2017)

Peak Milk has been offering Nigerian consumers wholesome nourishment since 1985 and is still maintaining market leadership despite the significant changes and newcomers to the dairy market. The brand has been set apart from other dairy brands as it is perceived by consumers as the most nutritious milk on the market. It distinguished itself using with a signature story that is about an individual who represents a greater whole being catered to at different stages and phases of life promoting not only physical nourishment but also mental vitality for stronger bodies and sharper minds (Ajayi, 2018). There is no doubt several Peak Milk competitors will offer the same value to consumers; however, the strategic decision to relate their brand values and product offering in the form of a signature story is what sets Peak Milk apart in a highly competitive dairy market.

References

Aaker, D. and Aaker, J. (2016). What are Your Signature Stories?. California Management Review, 58(3), pp.49-65.

Ajayi, L. (2018). When You Have It and They Don’t | BrandCrunch Nigeria. [online] BrandCrunch Nigeria. Available at: [Accessed 20 Nov. 2018].

Babatunde, O. (2017). Milk, and the Growing ‘More’ Trend | BrandCrunch Nigeria. [online] BrandCrunch Nigeria. Available at: [Accessed 20 Nov. 2018].

Ehikioya, A. (2015). ‘Peak Milk, a truly Nigerian iconic brand’ – The Nation Nigeria. [online] The Nation Nigeria. Available at: [Accessed 20 Nov. 2018].

Fog, K., Budtz, C., Munch, P. and Blanchette, S. (2010). Storytelling – Branding in Practice. 2nd ed. Berlin: Springer.

Peakmilk.com.ng. (2018). Peak Histories – Peakmilk. [online] Available at: [Accessed 21 Nov. 2018].

YouTube. (2011). Peak. [online] Available at: [Accessed 20 Nov. 2018].

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