INTRODUCTION TO FISHERMAN’S FRIEND Manchester & Fleetwood 20th, 21st, 22nd March, 2013 Welcome to Manchester & The introduction to Fisherman’s Friend Apology Ian Church, Ceuta, UK. Called to an urgent meeting Will join us later Welcome Hold “introduction” meetings annually. This is not Product Manager “training”. Introduction to world of Fisherman’s Friend. Help put in perspective the way we work. The Rules There are no “rules” - we / you make them. Questions are welcome - we want them. Comfort / smoke breaks & coffee at 3.00pm Telephones on silent. This is your meeting as much as ours. AGENDA 20th - Afternoon:- Meeting in Hotel Evening:Dinner 21st - Morning:At LoF, Fleetwood Afternoon:- Visit Jacinta, Meeting in Hotel Evening:Dinner in Manchester 22nd - Morning:- Meeting in Hotel Request from the Hotel Dinner tonight - Chinese, city centre? (or in hotel?) meet at 7pm Thursday dinner - Indian, city centre? (or in hotel?) meet at 7pm Friday check out - Coffee time 10.30am Friday lunch - How many for buffet? Who are we? Robert Woodhouse L.O.F. Geraint Jenkins Impex (30 second summary) Who are we? Robert Woodhouse – L.O.F. (30 second summary) Who are we? Geraint Jenkins - Impex (30 second summary) Who are we? Geraint Jenkins - 18th year @ Fisherman’s Friend (previously 12 years Wrigley) Who are we? Geraint Jenkins - Holland France Italy Belgium (Spain) (Portugal) Who are we? Geraint Jenkins - Holland / France Italy / Belgium (Spain / Portugal) Martin – England / Ireland Development Markets Paul – Eastern Europe Middle East Africa (Esp & Por) Who are we? Geraint Jenkins - PM introduction meetings Marketing Meetings Int. Account Co-ordination. Who are we? Geraint Jenkins - Value Stream Mapping Integrated Business System Objectives Objectives for the next few days? Objectives Ours - 1. Provide relevant information. 2. Help you in your role. 3. Understand background. 4. Why we operate as we do. 5. Who to contact for key issues. 6. What can we do to help? 7. How to improve what we do? Objectives Ours - 1. Provide relevant information. 2. Help you in your role. 3. Understand background. 4. Why we operate as we do. 5. Who to contact for key issues. 6. What can we do to help? 7. How to improve what we do? 8. Enjoy the 3 days! Who are you / your objectives? Brief introduction - You / Company Country Role Competition Your objective(s)? (for this meeting) GJ make notes This afternoon’s agenda 1) The story of Fisherman’s Friend (so far) 2) Ingredients 3) Terminology 4) Trademarks 5) Recalls & Traceability 6) Packaging Information 7) Production The story so far…. . MANCHESTER FLEETWOOD . MANCHESTER . FLEETWOOD . MANCHESTER LONDON . FLEETWOOD . MANCHESTER LONDON . Basildon FLEETWOOD . . Fleetwood was once famous for it’s fishing fleet And famous for it’s fishermen, the “strong men” (The three day millionaires) It was one of the busiest fishing ports in the country The fishermen would fish the cold North Atlantic waters THE ORIGINS OF FISHERMAN’S FRIEND First formulated in 1865 by James Lofthouse For the local fishermen working in the North Atlantic fishing grounds Freezing conditions caused severe coughs, sore throats and nasal problems James Lofthouse’s pharmacy in Fleetwood Originally Fisherman’s Friend was a liquid The North Atlantic is well known for rough seas But glass bottles would often break during storms & rough seas An alternative to the liquid in glass bottles was developed A new formula with new ingredients Lozenges in a paper package ORIGINS OF FISHERMAN’S FRIEND FISHERMEN CAME TO THE PHARMACY FOR THESE, ASKING FOR PACKETS OF THEIR LITTLE “FRIENDS”, SOON THE LOZENGE BECAME KNOWN AS THE “FISHERMAN’S FRIEND” Delivered by van to the trawlers in the dock The business grew and new premises were needed. New flavours were added Again new premised were required as the business grew This is the current site - but it looks different now. Inside - but now looks very very different. Doreen and Tony Lofthouse At one of the early meetings with our partners Duncan Lofthouse The directors – Doreen, Tony & Duncan Lofthouse From this to ...... ...... to this. PRODUCTION PLANT Factory size - 1980 34,700 Sq. feet 1998 408,700 Sq. feet 2000 600,000 Sq. feet PRODUCTION PLANT Factory size - 1980 34,700 Sq. feet 1998 408,700 Sq. feet 2000 600,000 Sq. feet 2010 - A 10 year plan agreed. (multi million £ investment) Flavour Range Quiz Flavour Range Quiz Q) How many flavours in the range? Dates of Introduction Original Extra Strong (Red) 1865 Aniseed (Gold) 1975 Sugar Free Original (Blue Stripe) 1980 Super Strong Mint (Green) 1984 Sugar Free Mint (Green Stripe) 1991 Sugar Free Lemon (Lemon Stripe) 1997 Sugar Free Apple Cinnamon (Apple Stripe) 1999 Zinc (North America) 1999 – 2001 Sugar Free Salmiak (Black Stripe) 2000 Sugar Free Cherry (Cherry Stripe) 2003 Sugar Free Mandarin (Mandarin Stripe) 2004 Dates of Introduction (cont.) Sugar Free Citrus (Citrus Stripe) 2004 Minis – Mint & Citrus 2004 Gum – Mint & Euca 2005 Minis – Menthol /Euca 2006 Gum – Mandarin 2007 Sugar Free Blackcurrant (Purple Stripe) 2007 Sugar Free Sweet Liquorice (Brown Stripe) 2008 Non Aspartame S/F in Asia 2008 Midis / PROfresh 2009 (Peppermint / Sweet Mint / Lemon Lime / Blueberry) Sugar Free Spearmint (Spearmint Stripe) 2012 Sugar Free Tropical (Tropical Stripe) 2013 Lozenges Tablets Regional flavours Chewing gum Minis Midis PRODUCTION PLANT Factory size - 1980 34,700 Sq. feet 1998 408,700 Sq. feet 2000 600,000 Sq. feet 2008 Malaysia (Contract manufacturing) Where is the contract production facility? Shah Alam, Selangor, Malaysia Kuala Lumpur, Malaysia To make sugar Free products without Aspartame In a new zip lock pack (Also now made in Fleetwood for Pharma markets) ... and a new breath freshener (We now also make PROfresh in Fleetwood.) Any Questions? 95%+ SALES ARE OUTSIDE OF UK. AN INTERNATIONAL SUCCESS Over 80+ COUNTRIES $300 million World Brand * 3,000+ salespeople * At retail prices CONSUMPTION COMPARISON PACKETS PER PERSON PER YEAR NORWAY NETHERLANDS SWEDEN SWITZERLAND GERMANY SINGAPORE FINLAND HONG KONG DENMARK CANADA AUSTRALIA MALAYSIA THAILAND BELGIUM/LUX FRANCE U.K ITALY SPAIN CHINA 25g e 25g e 25g e 25g e 25g e 25g e 25g e 25g e e 25g 25g e e 25g 25g e 25g e 25g e 25g e 25g e 25g 25g e e 25g e Any Questions? WHY PEOPLE BUY FISHERMAN’S FRIEND 1. Functional reasons 2. Emotional reasons FUNCTIONAL CONSUMPTION EASE SORE THROATS HAY FEVER RELIEF SUPPRESS COUGHS BREATH FRESHNER UNBLOCK NASAL PASSAGES POLLUTION CAUSED SYMPTONS FISHERMAN´S FRIEND Consumption reasons FUNCTIONAL EMOTIONAL -COUGH -THROAT -NOSE -BREATH STRONG CANDY FOR ADULTS -THE ORIGINAL -CONFIDENCE -LIFESTYLE -CULT PHYSICAL PSYCHOLOGICAL Emotional reasons STRONG ADULT CONFECTIONERY WITH ADDED BENEFITS A STONG ADULT BRAND “The strongest there is” Any Questions? IMPEX MANAGEMENT COMPANY IMPEX MANAGEMENT SALES & MARKETING MANAGERS FOR FISHERMAN’S FRIEND IMPEX MANAGEMENT OBJECTIVE: PROVIDE THE BEST SERVICE TO:1) LOFTHOUSE OF FLEETWOOD & 2) OUR DISTRIBUTORS IMPEX MANAGEMENT OUR ROLE: 1. IDENTIFY THE BEST DISTRIBUTORS 2. WORK WITH OUR PARTNERS TO DEVELOP FISHERMAN’S FRIEND 3. ACT AS A LINK BETWEEN LOF AND THE MARKETS 4. VISIT THE COUNTRIES REGULARLY IMPEX MANAGEMENT (continued) OUR ROLE: 5. AGREE A ROBUST BUSINESS PLAN (Product / Price / Promotion / Place) (Brand Positioning & Forecast volume) 6. ENSURE GUIDELINES FOLLOWED (Advertising - Brand & On-Line Manuals) (Artwork / Promotion Activities) (Product Tracking / Complaints) IMPEX OFFICES Basildon, UK U.S.A Germany Hong Kong IMPEX = A TEAM OF 15 PEOPLE TOTAL FOCUS ON FISHERMAN’S FRIEND Ivan G Gibson Chairman Anna L Gibson Director Karen L Mitchell Financial Director/ Co. Secretary Kieran M Ryan Managing Director Chris M H Gibson Executive Director Sweden Norway Michael F Geiseler Regional Bus Mgr Marketing Coordination - Creative - Advertising Development - Portfolio mix - Agency relations - Media Germany – marketing Qual/QuanMarket Research NPD Jon White Regional Bus Mgr Geraint Jenkins Regional Bus Mgr Netherlands France Italy Belgium Germany Austria Switzerland Canada U.S.A Caribbean Trade Marketing coordination International account coordination UK Ireland Lithuania Ghana Poland Faroes Iceland Costa Rica Morocco Malta Gibraltar Newsletter P.R. China Hong Kong Indonesia Malaysia Singapore Thailand Australia Training Martin Stimson UK Sales Cont/ Area Business Mgr Phil Hopkins Regional Bus Director India Paul Barrett Area Business Mgr Denmark Travel Retail Finland Czech Repub/Slovakia Hungary Serbia Slovenia/Croatia/Mac/Bos Cyprus Turkey Israel Lebanon & Middle East South Africa / – Other Africa Greece Romania Spain / Portugal Philippines Taiwan Vietnam Japan South Korea New Zealand Gary Keung Area Business Mgr China Hong Kong Taiwan Vietnam Philippines REGIONAL BUSINESS TEAM ISSUE NO 31 DECEMBER 2012 Gill Bird Office Manager/ ISO Mgt Rep (RBA to MFG/GAJ/PH Jan Guiver Reg Bus Admin (P/T) (RBA to CMG/JRW/ MJRS/PB) Kerry Harding Office Administrator ADM001 Any Questions? This afternoon’s agenda 1) The story of Fisherman’s Friend 2) Ingredients 3) Terminology 4) Trademarks 5) Recalls & Traceability 6) Packaging Information 7) Production (Lozenges, Zip Lock, NPD)