Marshalls Macaroni is Introducing Price-Marked Packs
Michael Hemsworth — October 22, 2022 — Lifestyle
References: marshallsfoods & talkingretail
Price-marked packs (PMPs) have surged in popularity as shoppers seek out ways to better predict their bills, which is seeing more brands come on board as seen with Marshalls Macaroni. The brand is introducing 400-gram packs with a £1.19 price point emblazoned right onto the top section of the packaging to help it stand out on store shelves. Targeted towards the convenience store channel, the macaroni packs are perfect for shoppers looking for an easy way to keep their bill low.
Retail Commercial Director James Palmer spoke on the Marshalls Macaroni PMP saying, "We’re proud to continue our support for the convenience channel with our latest price-marked pack, and a first for our iconic Marshalls Macaroni brand. The £1.19 RRP represents accessible value to shoppers in a challenging economic climate, and the convenient six-pack helps store owners to keep costs low and shelves full.”
Retail Commercial Director James Palmer spoke on the Marshalls Macaroni PMP saying, "We’re proud to continue our support for the convenience channel with our latest price-marked pack, and a first for our iconic Marshalls Macaroni brand. The £1.19 RRP represents accessible value to shoppers in a challenging economic climate, and the convenient six-pack helps store owners to keep costs low and shelves full.”
Trend Themes
1. Price-marked Packaging - The trend of price-marked packaging will continue to grow as more brands aim to provide transparency and accessibility to consumers.
2. Convenience Store Retailing - The trend of targeting convenience stores as a distribution channel will continue to experience growth with the rise of PMPs and consumers' desire for accessibility and low prices.
3. Value-based Offerings - The trend of providing value-priced offerings will continue to grow in response to economic challenges and the desire among consumers to reduce spending without sacrificing quality.
Industry Implications
1. Food and Beverage - The food and beverage industry should embrace PMPs as a way to show transparency, improve customer trust, and meet customer demand for budget-friendly options.
2. Retail - Retailers should embrace PMPs to attract value-conscious consumers and increase sales volumes, particularly in convenience stores and other small format stores.
3. Packaging - The packaging industry should embrace innovative packaging solutions such as PMPs that cater to the current market conditions and its consumers' preferences for value and transparency.
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