This application seeks funding for a program called "Licorerías Caminantes" that aims to improve the shopping experience in 1,300 small liquor stores in Lima, Peru. The program divided implementation into three phases: a market test, selecting top 1,000 stores, and expanding to those stores. In the current phase, merchandisers visit 645 stores weekly to activate sales drivers like quality, distribution, visibility, pricing, and promotions. Results so far include increased distribution, price visibility, store layouts, and reaching more outlets with promotions. The goal is to improve the shopping experience and purchase decisions for consumers in the traditional retail channel.
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Product and brand development - The fork - group fAnanya Jain
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www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
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https://seribangash.com/article-of-association-is-legal-doc-of-company/
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Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Licorerías Caminantes Program - Ease of Shop
1. APPLICATION FORM
Award Category: Best Ease of Shop Execution
Program / Project: Licorerías Caminantes Program
Name (Group or individual): Kike La Hoz, Ursula Valdivia, Pamela Wong, Mónica Muñoz, and Luben Rousenoff
Market / Cluster: Perú IMC
Context: There were 1,300 indirect liquor stores (LS) in Lima where shoppers were having an unsatisfied shopping experience due to sales drivers were not
activated: Quality: damage/dirty cases, Distribution: opportunities in core and non-core sku’s (i.e. JWBLx750ml with 74% Numerical Distribution) Visibility:
Outlets did not have a clear layout making difficult to find a sku in the shelf, no POP material implementation, Price: Not all sku’s have marked prices, Promotion:
Diageo consumer/shopper promotions were only implemented at the supermarket channel. Persuasion: Store owners & employees had a low connection with
Diageo.
Shoppers and Consumers Understanding:
The Traditional Channel represents 60% of Peru’s domestic business.
Shoppers want to have a pleasure shopping experiences, where it is easy to buy according to their every-occasion need.
Shoppers want to ensure that Diageo’s brand purchase decision is the correct one among Traditional Channel comparing to the Modern Channel. (Almost same
prices between the channels, same promotions: price discounts, VAP’s, gifting)
Shoppers & Consumers want to buy in their convenience liquor store with confidence of the product’s quality.
Objective: “Win at the Moment of Choice” among the Traditional Channel improving shopping experience leveraged on the “Range and Space Solutions” (level
1 – display Solution) of EoS Plattform.
Brief description of the activity:
The Program was called “Licorerías Caminantes” (“walking liquor stores”) because of two reasons: i.) during the trade visits we noticed that store-owners didn’t
know that JW was Diageo’s brand so we took advantage of its force to make a connection with the program. ii.) Our target is to reach 1,000 Top outlets, the ones
that are walking to become a better store offering a better shopping experience.
To ensure the success of the program we preferred to divide the total implementation in three phases:
1st Phase: Market Test Implementation (from Nov’09 to Feb’10): 30 LS were selected: 25 with sales drivers activation and 5 LS as “control” (did not have any SD
activation) to understand the “size of the prize”
2nd Phase (F11): May 1st, 2010. Consists of gaining deep knowledge of the LS universe, in order to select the Top 1k who will become Diageo’s Licorerías
Caminantes (LC’s). Currently we are in the 8th month, reaching 645 outlets in line with our scorecard (Target: 600 POS). These LC’s are receiving one visit a
week from a merchandiser activating SD’s in their stores.
3rd Phase (F12): Include 1k LC’s in Diageo’s cycle brief permanently and interior expansion.
Project description during 2nd Phase:
Scope: Lima City
Team: 10 merchandisers and 2 supervisors outsourced.
Workstream material: uniforms identified with Diageo’s Brands, file with reports and Multiplan to recollect trade information.
Way of Working: Visits to the stores (from Monday to Saturday). Review status in the BTL agency each Monday morning to see opportunities, reports and to have
continuing trainings.
Daily communication between: BTL Agency - Supervisor - KAM/Sales Supervisor in order to capitalize every opportunity.
The SD’s activation consists in:
Quality: Merchandisers are responsible to maintain Diageo’s sku’s clean and according with our guidelines.
Distribution: Merchandisers persuade to stores owners to have the right sku’s in their stores.
Visibility: Merchandisers persuade to have the correct layout to activate POP Material, to win faces.
Price: Merchandisers put prices markers and persuade to store-owners to
Promotion: Consumer promotions and category platforms now are implemented among the traditional channel.
Persuasion: Mystery Shopper implemented to win connection between store-owners/store-employees with Diageo’s brands. Merchandisers also gave POP
functional materials (pens, JW stickers, JW bags).
Detail of outcome achieved: This program is the first step for a great business partnership between the traditional channel/indirect accounts and Diageo.
Currently we are in the process of gaining the commitment and trust of the target stores. KPI’s Results: (From May 1st week to Dec 4th week)
NUMERICAL DISTRIBUTION:
SDLX +8pp driven by Swing +5pp.
DLX +9pp driven by JWBLx750ml +12pp.
STD +9pp on the back of JWRLx750ml +5pp & WH +2pp
Creams +10pp driven by Baileys +10pp.
PRICE EXHIBIT IN SHELF: Price visibility grew from 31% to 83% by Dec’10 due to price markers.
VISIBILITY: By Dec’10 the LC’s with a clear layout are the 50% (+47% vs May’10 1st week!). All LC’s were activated with POP Material (Brand building).
PROMOTION: Promotions such as the Whisky Festival have become closer to shoppers by reaching more outlets through LC’s program. Before this project,
shopper promotions were focused in the modern channel: 90 outlets, but now the scope is bigger: 90 SMKs + 600 LC’s. Also category platforms reached more
outlets, for example Christmas Platform “gifting and celebration” was activated in the outside and inside of the stores.
EoS is the way to BTC among this channel, PR is not reaching this liquor stores yet. However other spirit brands (local rum, beers, and local wine) have a
merchandising team.