Live Spot Prices
Zinc ( MCX ) 210.8 | Silver ( MCX ) 41370 | Crude Oil ( MCX ) 4520 | Cardamom ( MCX ) 953 | Wheat ( NCDEX ) 1711 | Guargum ( NCDEX ) 9065 | Soya Bean ( NCDEX ) 3693
 
Branding is an important marketing tool
Commodity Online | April 11 2018
UPDATED 15:54:48 IST

This Oil stock Is 'at last ready to make big gains'

Growing EV battery demand creates a compelling investor opportunity in 2018

The bullish and bearish case for Oil

Gold company's exploration in British Columbia yields more positive results

Gold miner's price target raised on record revenue

By Seshadri Ramkumar
Bruce Atherley, Executive Director of Cotton Council International has brought his successful marketing and brand experience to the United States’ cotton sector to increase the global share of U.S. Cotton.

On April 6
th, Atherley spoke in Lubbock to cotton industry people at the 61st annual meeting of Lubbock-TX based Plains Cotton Growers (PCG), Inc.

The importance of effective communication and connecting the value chain was stressed by Atherley, who has worked with brands like Lucky Charm in his previous job at General Mills.

Brand mean trust, which sells products and cotton is no exception. He presented some of the successful efforts, the Cotton Council International (CCI) has been doing to enhance the presence of U.S. cotton in the world.

U. S. cotton industry strives to educate and engage with the world buyers about the superior attributes of U. S. cotton. The industry has been promoting the brand COTTON USA
TM to differentiate its cotton.

Although, United States’ cotton occupies 40% of global export trade, it is important to increase the share further. As growth is in Asia, driving growth in that region is a priority for the industry. As part of educating the customers, CCI has created “Mill Exchange Program,”

where executives from mills that use U.S. cotton interact with non-users, thereby creating new market opportunities. This project has so far involved Thailand, Indonesia and Vietnam, replicating this program in other parts of the world is expected to create new markets.

As part of education and communication, new ideas have to be conveyed to brands to create new products and enhance the use-value of cotton, which CCI has been doing to create new product opportunities for cotton.

Enhancing trust via branding, innovation, effective communication with the entire value-chain are needed to develop markets, highlighted Bruce Atherley.

As 80% of United States’ cotton is exported, developing markets overseas is needed and being a reliable supplier is important, stated Steve Verett, cotton producer and Executive Vice President of PCG

 

Commodity Arrivals Rate
Mustard Oil 250 7500.00
Coconut Oil 0.1 23000.00
Arecanut 2 2850.00
Sugar NR 3350.00

More

×