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New flavored peanuts: new flavors would be the vital differentiation for Planters Nuts to stick out from Emerald and the store’s model. Also, the flavors will decreased the “significantly less taste than cashew” threat and draw in far more customers due to the fact they usually need to “consume far more nuts and types.

The Planters Nuts manufacturer is taken into account “Costly,” especially when its primary item, Peanut, will likely be perceived as “affordable and simple” by clients. Thus, I recommend the subsequent pricing system:

This brings about a greater Price of goods offered, and the growth in these new spots isn't plenty of to offset the decrease in Peanuts’ product sales progress;

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Offer reductions/sales so that the items can be more captivating to clients, who tend to be value-delicate Within this market place.