Choc Nibbles from Sweetdreams are making their debut in a new £1 price-marked pack (PMP) in the convenience sector to provide shoppers with access to the signature treat in a low-cost manner.
The PMPs come in 135-gram sharing bags for the Original, Birthday Cake, Orange, Mint and Toffee Crumble flavors, while the Original Choc comes in a 120-gram pack. The product plays with the popularity of the bite-sized covered biscuit snack and provides shoppers with a low-cost way to enjoy it. This responds to the increased popularity of PMPs amongst value shoppers.
Head of Sales at Sweetdreams Ltd. James Jeffery spoke on the new Choc Nibbles PMPs saying, "With the cost of living crisis, customers are looking for value for money when making purchasing decisions. PMPs have gained renewed importance as they counter-inflated prices and boost shopper satisfaction. Choc Nibbles always represents great value in the chocolate confectionery category. It is a fun, unique product that stands out from the crowd for its quirky appearance."
Crispy Low-Cost Snack Products
Choc Nibbles Now Come in Five Flavors in £1 Price-Marked Packs
Trend Themes
1. Price-marked Packs - Price-marked packs have surged as essential tools for brands targeting value-conscious consumers during economic downturns.
2. Bite-sized Snacks - Bite-sized snacks are gaining popularity for their convenience and appeal to on-the-go consumers looking for easy, affordable indulgence.
3. Flavor Variety - Offering multiple flavor varieties within a product line can cater to diverse taste preferences and encourage repeat purchases from adventurous snackers.
Industry Implications
1. Confectionery - The confectionery industry sees innovation in product packaging and flavored offerings as key to attracting cost-sensitive shoppers.
2. Convenience Retail - Convenience retail is increasingly focused on stocking affordable, well-marked products to meet the needs of price-sensitive customers.
3. Food Manufacturing - Food manufacturing benefits from developing cost-effective production techniques to provide low-cost snack options.