Wednesday, 10 February 2016

Fighting for sweet share of Easter purchases

Cadbury's traditional Creme Egg was part of the reason that sales of the company's Easter product range was lower in 2015 by £10 million. What happened? Parent firm Mondelez changed the recipe, angering loyal fans.

Contrast that to 2009, when Cadbury's sales were on the rise as UK consumers had a hearty appetite for chocolate Easter eggs.

Now Cadbury is fighting hard for a higher share of 2016 chocolate purchases as this year's Easter season approaches.

'To strengthen our positioning, we will continue to invest in power brands, launching new seasonal products and a brand new Easter pack design', says the marketing manager. To keep awareness high, the company recently launched a pop-up Creme Egg Cafe in London.

Meanwhile, competition is altering the marketing environment as Mars launches its new Galaxy Golden Eggs.

Knowing that approximately 80% of UK consumers purchase chocolate for Easter, Mars is targeting this large and lucrative market early--in direct competition with Cadbury Creme Eggs.