Marketing in Aisle 5: The Blog
You've read the "Marketing in Aisle 5" story in Marketing News. You've listened to the "Marketing in Aisle 5" podcast on Marketing Power. And now presenting, the "Marketing in Aisle 5" blog.
Of course if you haven't seen those other materials, no worries. This is as good as any place to start.
At Marketing News, we're starting to approach our major stories through a variety of mediums, including podcasts and blogs. So is the case with "Marketing in Aisle 5," a feature story that tackles a red hot issue right now - consumer packaged goods marketing. Grocery retailers and food companies, for the most part, are reporting strong earnings, unlike many businesses now. The latter benefits from more consumers who say they are eating out less - approximately 69%, according to a study released in May by the Food Marketing Institute. Retailers also benefit because of this, in addition to getting a growing sales boost from their prettied-up private labels; 24% of all food and beverages in homes last year were store brands, according to an NPD Group Inc. report issued in April, because they're primarily less expensive than branded products.
The war for consumers wages on, with buzz-building efforts developing since the "Marketing in Aisle 5" deadline. Food Lion for instance just launched its "Private Brand Super Sale," lasting through June 23rd, where you can save $1 when you buy four products, and up to $10 if you buy 40 products. And Kraft Foods seems to actually be challenging private labels on price, one of the few companies to do so in this recession, with its online exclusive "Budget Wi$e: Delicious Summer Savings" deal. Registered users at kraftfoods.com are eligible to print $1 off coupons for loads of products, including Philadelphia cream cheese, Planters nuts, Kraft Miracle Whip and DiGiorno pizza, evening the battle field with private labels in terms of price.
There is much more insight to be found in the "Marketing in Aisle 5" feature, appearing in the May 30th issue of Marketing News. A trio of great sources from the piece also participated in a special podcast; Jennifer MacLeod and Doug Palmer, marketing leaders at Great Atlantic and Pacific Tea Company, talked about their new private label brands, while Campbell spokesman John Faulkner delved into that company's value messaging. You can listen to the podcast yourself by clicking here.
Happy reading, listening and shopping!

