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7 November 2002
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OMAN-CLOSER LOOK

 


Brand Oman
Oman’s Best Brands is a product of one-year field research and follows the publication of Top Brands in Oman in 2005 and Success Stories of Omani Entrepreneurs in 2004 by Hasan Kamoonpuri. Excerpts

Over the last decade, more and more Omani brands have been able to beat global giants not only on the home turf but also in international markets thanks to a radical change in the level and nature of branding activities among Omani organisations across all product and service categories.

‘Made in Oman’ brands have been evolving fast to make their presence felt in the international market. Brands like Amouage perfumes, Bahar and Sana detergents, Antara batteries, Raha mattresses, Minara cooking oil, Oman Cables, Nabil biscuits, Waq shoes, Tanuf and El Jabal El Akhdar mineral water, Suroor and Pofak chips, Sohar and A’Safwah milk, Nakhal juices, and Hotex water heaters, that a few years ago would have only retreated in the face of competition from international giants, have now been able to penetrate export markets and carve a out their own niche in the international stage. They are now able to meet the standards set by their international counterparts.

Omani organisations realise that if they want to retain their share in the expanding home market and then penetrate export markets, they need to abandon some of the traditional practices of branding. One indicator of this willingness to change is the increased interest in new methods of branding. With CEOs and their marketers being directly involved in branding exercises, there is a growing desire and enthusiasm to align all organisational activities behind the brand. Entrepreneurs realise that brand popularity drives nearly two-thirds of customer purchases.

The government too is playing an active role in promoting the branding concept through its Origin Oman Campaign on the one hand while at the same time encouraging excellence through the prestigious His Majesty’s Cup and Certificate for the Best Factories. Thanks to these initiatives, Omani brands today enjoy strong emotional appeal among customers not only in the Sultanate but also abroad.


Authorspeak
What are the highlights of Oman’s Best Brands?
Oman’s Best Brands begins with a 26-page introduction on key branding concepts. It then expands on these concepts and illustrates their successful application in the Omani market. A brand survey across 14 product categories with a list of Best 50 Brands is noteworthy.

Are companies in Oman becoming more brand conscious?
A fast growing economy and a rising number of affluent consumers have pushed Oman into the league of most brand conscious countries. As the Sultanate’s market opens up, brand-building is becoming more critical for business success than ever before.

This year’s edition carries a brand survey. Did the survey throw up any surprises?
Yes. The sector that came out as central to the brand survey was not from any consumer goods but deals with a service firm. Many home-grown brands have come up and some even edged out global giants.

Are there any particular brands that in your opinion are role models for others to emulate (in terms of branding success)?
Oman Mobile is the No.1 brand because at its core is great innovation, constant engagement of the youth, and an ability to bring warmth and passion to all its clients. Also brands such as Bahar, Amouage, Raha, Minara, Dana, LuLu, BankMuscat, Oman Air, Suroor and Sadolin are successful in creating emotional bonds with consumers by developing tailor-made solutions to meet their needs.


July- 2008

Cover Story

Passing on the baton
A new generation is taking on bigger responsibilities in family owned businesses bringing in new thought processes and improved efficiencies
more..

Other Headlines

A perfect ten
S. Kasthurirengan, CEO, Towell Auto Centre, works diligently on striking the perfect balance between work and life, find Mayank Singh and Ramesh Kumar
A critique of GCC summit at Dammam
The next summit in Muscat will need to refocus the goal of integrating GCC economies− implementation of the monetary union by 2010 and exploring ways for overcoming the adverse effects of inflationary pressures
Port expansion, ahoy!
As the Sultanate focuses on building up its export-oriented manufacturing base and its potential as a logistics hub, all the ports have a central role to play in Oman’s diversification
Diversification holds the key
Dr Bhaskar Dutta, CEO of Al Jazeera Steel Products Company, speaks to OER about upgrading capacity, the threat from Chinese manufacturers and the company’s roadmap
Wounded Tiger Down but not out
Tiger Woods will go down in golfing history as the man who won a sudden death US Open playoff with a critically injured leg. This is his 14th major title. He now trails only Jack Nicklaus at 18 for the most major
Oman Air begins flights to Bangalore
Oman Air’s new service to Bangalore aims to boost the cooperation in the Information Technology sector between the two countries and presents new opportunities for tourism, trade, and cultural exchange between the two nations
Mutual Fund Promising Returns
With increased liquidity in the market and Muscat Securities Market returning good growth, mutual funds in Oman are increasingly becoming a favourite investment instrument, especially among the small investors. Jessica Brookes takes a look at their growth and why they are a better bet compared to direct investment
The transcultural leader
Connecting with a country and its culture makes working in that country easier and more interesting says Carlos Ghosn
Favourable outlook
Lacklustre market volumes as seen in the month under review may soon be a thing of the past as both domestic and international investors turn their eyes on the GCC markets
Online Banking trends
banking institutions in the region are becoming increasingly aware of the benefits of Online banking, leading to the adoption of a fully functional and integrated online channel
Taking Off
Oman’s first private credit bureau is off to a promising start
Making innovation a brand
There is not a business in America that does not want to be more creative in its thinking, products and processes.
Brand Oman
Oman’s Best Brands is a product of one-year field research and follows the publication of Top Brands in Oman in 2005 and Success Stories of Omani Entrepreneurs in 2004 by Hasan Kamoonpuri. Excerpts
Bear Roams Global Stock Exchanges
Singapore’s SGX, London’s LSE, Chicago’s CME and Frankfurt’s Deutsche Borse have lost more than 50 per cent of their value in the past eight months. Bear markets may be the kiss of death for global exchanges, but they also create opportunities
Moving with the times
In business, there are entrepreneurs, some of whom are initiators, others who are inheritors and follow the footsteps of their predecessors, and there are some who improve upon the legacy of their fathers
Creating trust and security
The E-law will help customers migrate to an online platform giving a fillip to Internet-based commerce in the Sultanate
Redefining ‘Office’ Space
The right office design can help you reduce stress, improve productivity and enhance the profits of your business.
Ahead of the curve
Hussam Technology Company has been pushing the envelope with its cutting-edge technological solutions
What Do You need: Phone? Camera? Music Player?
Technology is bound to throw up more and more surprises in the days to come.
 
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