Highlighting value has quickly become essential for brands in the face of rising costs, which is what's at work with the new Dr. Oetker Ristorante pizza price-marked pack arriving in the UK.
The pizzas come in five flavors including Pepperoni-Salame, Pollo, Funghi, Speciale and Mozzarella, and are all branded with the price point of £3.50 and a two for £5 deal. This is expected to make it easier for shoppers to know how much they're spending in the shops and also help them to feel as though they're stretching their money as far as possible.
Head of Marketing Paula Wyatt spoke on the Dr. Oetker Ristorante pizza price-marked pack saying, "PMPs have played a key role in helping retailers to overcome the misconception that you pay more at convenience, really standing out at the fixture, and helping shoppers in convenience channel to grab a great deal."
Value-Focused Frozen Pizzas
Dr. Oetker Ristorante Pizza Now Comes in a Price-Marked Pack in the UK
Trend Themes
1. Value-focused Food Brands - Brands are highlighting value by offering price-marked packs to help consumers feel like they're stretching their money as far as possible.
2. Transparent Pricing Strategies - Price-marked packs make it easier for consumers to know how much they're spending in shops, which is becoming essential for brands in the face of rising costs.
3. Promotions and Deals - Offering bundled deals like a two-for-£5 deal can attract more customers to make a purchase, increasing sales for brands.
Industry Implications
1. Food and Beverage - Value-focused branding strategies can be applied to other food and beverage products to attract price-sensitive consumers.
2. Retail - Price-marked packs and bundled deals can attract more foot traffic to stores and potentially increase sales for retailers.
3. Consumer Goods - Transparent pricing strategies such as price-marked packs can increase trust and loyalty in consumers for various consumer goods products.