SME Spotlight
http://www.straitstimes.com

The brand master

Sep 9, 2009

Ex-govt trade officer saw pressing SME need and carved out niche as brand-builder for firms

 

A.S. Louken's founder Luke Lim likes to think of his team as being the "little men" who work quietly and diligently to build strong Singaporeans. -- ST PHOTO: BRYAN VAN DER BEEK

 

Making it big in Asia

  • What is your biggest dream for A.S. Louken?

    Obviously we want to be a regional player, and I hope to have offices in key cities around Asia because we are an Asian company.

    The way I look at it, the next wave of growth for the world will come from Asia.

    And having developed multiple experiences working with Asian companies beyond Singapore, we are quite well-poised for growth in the region.

    We already have clients and partners in China, so naturally we should have a base there.

    In fact, we are intending to set up representative offices in China by the end of the year or the beginning of next year.

    We also definitely have opportunities to go to other markets like India and Indonesia - markets where we already have customers.

    So we want to grow with our customers and be the most well-networked consultancy in this part of the world.

  • What do you need to achieve that dream?

    We will need a more sustainable number of clients in the region, and - as and when we see that happening - we will set up our base to service them.

    But we will have to go through a conservative, but progressive, growth methodology to understand the market well enough before we enter and set up base.

    LOCAL EDGE

    'They (the other consultants) had very strong accents and did not speak the client's lingo, but we do and we can understand their needs better because we are also an SME.'

    Mr Luke Lim, CEO of A.S. Louken, on how being a Singapore-built brand consultancy helps his company to better understand the needs of other local SMEs

    If you're an entrepreneur

    If you're an entrepreneur like Mr Luke Lim and want to share your experience and aspirations with us, write to franchan@sph.com.sg and tell us your story. You may just get featured in our SME Spotlight in the coming weeks. Featured entrepreneurs will receive $750 in Takashimaya shopping vouchers from HSBC.

  •  

    NOT many people know much about Mr Luke Lim or the company he founded in 2001. And that is just the way he likes it. The chief executive of local branding consultancy A.S. Louken prefers to let his clients' success do the talking instead.

    Today, his portfolio of close to 300 clients reads like a who's who list of corporate Singapore and leading small- and medium-sized enterprises (SMEs) here.

    They include many Singapore-born and bred firms that have established themselves as key industry players, such as bakery chain BreadTalk, ladies footwear firm Charles & Keith, spa chain Rustic Nirvana and the Tung Lok Group of restaurants.

    Over the last few years, A.S. Louken has managed to carve out a niche in the branding industry as a brand-builder for local SMEs.

    Mr Lim attributes some of that success to his two-year stint as a young officer at the former Trade Development Board (TDB), or what is now known as International Enterprise Singapore.

    'The best part of my training was travelling all over the world with SME bosses during my TDB days,' he said.

    'Not only was I facilitating trade missions but I was also hunting for opportunities for these growing enterprises.'

    It was during those trips, and through his close interaction with local SMEs, that he was able to identify a gap in how smaller firms promoted their businesses.

    'We have great companies, but there was a shortfall when it comes to marketing themselves, and I felt that these SMEs need to better brand themselves in order to grow,' he said.

    A.S. Louken now provides a wide range of services to help firms develop a competitive edge over their rivals.

    Besides branding, their services include intellectual property management, design and other advisory services that involve identifying a client's strengths to help them take their business to the next level, said Mr Lim.

    'What we are doing is engineering growth,' said the Nanyang Technological University engineering graduate.

    'When you look at any case from an engineering perspective, you will be able to solve any of the growth issues.'

    Another key strength of the firm is the fact that its 32-strong team of like-minded individuals - hailing from Singapore, Malaysia and Britain - are all passionate about growing local brands.

    'We understand the heart and passion of our clients...and are able to match our clients' philosophy to the market and that integration from a brand perspective is very important,' explained Mr Lim.

    Being a Singapore brand consultancy also helps in attracting local firms looking for brand development services, he said.

    'Clients have told me that the reason they chose us was because a lot of other consultants don't really know the local scene,' said Mr Lim, who said he was aged in his 30s.

    'They (the other consultants) had very strong accents and did not speak the client's lingo, but we do and we can understand their needs better because we are also an SME.'

    Mr Lim aims to help clients replicate their core strengths via a franchise or licensing platform. He also wants to make use of their intellectual property to drive their growth overseas.

    Aside from its local clientele, A.S. Louken has also worked for businesses based in other parts of Asia and beyond, such as India, China, Thailand, Malaysia, Indonesia and the Middle East.

    In recognition of its global reach, A.S. Louken is also a member of Ebeltoft Global, a consortium of companies from 16 countries, including the United States, Canada, Britain, Germany, India and Australia.

    Mr Lim's reputation and the track record of A.S. Louken, has seen him appear frequently on the regional lecture circuit, speaking about branding.

    Business organisations such as the Singapore Retailers Association, Restaurant Association of Singapore, Franchising & Licensing Association, the Association of Small and Medium Enterprises and the Singapore Jewellers Association also often extend invitations to Mr Lim to speak at their conferences.

    But despite his success, he keeps a low-profile within the industry.

    Mr Lim maintains a client-servicing ethos of being the 'Little Men' quietly and diligently working behind the scenes to help build strong Singapore brands.

    'I'd say that we're a rather small SME but we are serving regional customers, and progressively we're still growing,' said the father of a newborn baby girl.

    'In fact we have already seen 20 to 30 per cent year-on-year growth over the last nine years. And being a growth advocate, we naturally have to strategise our own growth well.'

    franchan@sph.com.sg

    SME Highlights »

    23 Jun

    School enrolment up through word of mouth

    14 Jun

    Maori tattoos getting under the world's skin

    2 Jun

    Portal to help SMEs raise productivity

    2 Jun

    Start-ups in S'pore resilient in crisis: Poll

    26 May

    'No threat to euro system'

    26 May

    Next up - a bite of the China pie

    19 May

    Self-made woman builds solid foundation

    12 May

    Keeping it clean with made-in-S'pore tools

    12 May

    Above board

    11 May

    China action 'will aid markets'

    11 May

    ABN AMRO bank pays $690m

    5 May

    Luzerne serves up halal crockery

    28 Apr

    A household name by design

    28 Apr

    Winning on quality, not price

    28 Apr

    Ad Planet rises to the challenge

    24 Apr

    A man with designs on society

    21 Apr

    Betting big on 'smart storage'

    14 Apr

    R&D investment proves its worth for noodle maker

    1 Apr

    Benefits of registering for GST

    24 Mar

    Going green tech for a bigger, better yield

    17 Mar

    Taking green idea into uncharted waters

    10 Mar

    Making DNA testing faster, cheaper, easier

    3 Mar

    Building 'model' homes for real

    28 Feb

    Thiam Heng Motor grows from strength to strength

    24 Feb

    A recipe for success? Stick with chocolate

    14 Feb

    Focusing on DIY due to technicians' shortage

    10 Feb

    Ringing endorsement for tiny telephony firm

    10 Feb

    New magazine caters to SMEs

    7 Feb

    Forging ahead without fear

    3 Feb

    Local aviation's High Flyers

    31 Jan

    St Gregory Spa sets up China branches

    27 Jan

    Art and craft make for a lasting imprint

    25 Jan

    Finding the balance between profits and ideals

    20 Jan

    Stanchart's regional heads at SME talk

    15 Jan

    Scanteak is aiming for a Taiwan listing

    13 Jan

    Playgrounds 'R' Us

    11 Jan

    90% of training cost subsidised by government

    6 Jan

    Food trader has more on its plate

    4 Jan

    Overcoming language barriers

    4 Jan

    Started a business in Munich despite not knowing German

    30 Dec

    Trailblazers who thrive in times of crisis

    28 Dec

    Racing cars and selling 'bak kwa' together

    23 Dec

    Happy staff the key to firm's success

    21 Dec

    Local renewable energy firm forges ahead

    16 Dec

    Giving up iron rice bowl for steel trade

    14 Dec

    Taking business to greater heights

    10 Dec

    US$5.5b for solar projects

    9 Dec

    SMEs urged to 'get inventive'

    9 Dec

    alldressedup and going places

    6 Dec

    Hard work leads to success

    2 Dec

    Hot players in the frozen meat industry

    2 Dec

    Clients taking longer to pay bills, say SMEs

    28 Nov

    Savouring the taste of success

    27 Nov

    Keep learning, keep innovating

    25 Nov

    Warning on asset bubbles

    22 Nov

    Building a fashionable identity

    18 Nov

    Turning IndoChine into a global brand

    17 Nov

    Designs on expansion

    11 Nov

    Happy to be yes-people

    8 Nov

    'Workaholic' succeeds in making a mark in e-commerce

    4 Nov

    Pay bonanza from banks

    4 Nov

    An arresting business plan

    1 Nov

    From brink of bankruptcy to expanding to foreign markets, local custom shirt maker CYC sets sights on Japan and Australia

    28 Oct

    Brushing up on branding to gear up for growth

    28 Oct

    Tackling the business head on

    26 Oct

    S'pore shares end higher

    25 Oct

    Local architectural firm Akda Architects create success through substance with help from the 'Little Red Dot' brand

    21 Oct

    One store opens, another on the way

    18 Oct

    Entrepreneurship is a 'piece of cake'

    14 Oct

    I am Legend

    12 Oct

    Philips Q3 net profit triples

    11 Oct

    How 3 companies built up their strengths

    7 Oct

    Designing for the future

    4 Oct

    From 'satisfying needs' to 'satisfying wants'

    30 Sep

    Bodynits shapes up for upturn

    30 Sep

    Value meals for 25,000 every day

    30 Sep

    Having designs on the world market

    30 Sep

    Here, there and everywhere

    27 Sep

    Transforming family-owned business to modern enterprise

    23 Sep

    Courier king pledges to keep zero-layoff record

    23 Sep

    Furniture firm sitting pretty now

    20 Sep

    Playing around with success

    18 Sep

    Goldman to sell Sanyo stake

    16 Sep

    Change in strategy goes well for Dynaforce

    14 Sep

    Merging mobile operations

    14 Sep

    More firms getting flexible

    13 Sep

    More companies adopting flexible work system

    9 Sep

    The brand master