Idea: PRICE PACKS is the first brand that’s all about the price. Because the packaging design focuses entirely on the price. Considering the usual packaging production requires several months, this becomes an irrevocable commitment to price stability. Placed next to competitors, the design helps consumers immediately spot the best prices. PRICE PACKS are available in all 2100 Penny markets in Germany, promoted by an OOH campaign as striking as the packaging.Results: Products flew off the shelves in record time, with some temporarily selling out during launch week. On traditional and social media, the campaign received raving reviews, earning $120 million in free media. Public perception of Penny as the #1 price-stable discounter went up by 2200%. PRICE PACKS has now expanded to more products and turned from a temporary edition into a permanent brand.Brand relevance: For PENNY, this was the perfect opportunity to make a statement. This serves as an unwavering commitment to low prices in a way that not only reassures customers but also sets PENNY apart from its competitors.
How can you present your own brand in a bold innovative way? PENNY and Serviceplan NEO have developed packaging that immediately grabs attention by highlighting what customers value most: the lowest price. The price label is not just on the shelf, it’s prominently featured on the packaging itself — a pioneering move in the food retail industry. “PENNY offers consistently low prices that you can rely on – whether for branded products or even more affordable store brands. With the campaign “Small Prices, Big Impact”, we are bringing the price directly onto the packaging for the first time. And we're doing it with a visually appealing limited edition that boldly demonstrates that our store brands are always the most affordable choice,” comments Dr. Jan Flemming, Head of Marketing at PENNY.
The advertisement highlights PENNY's innovative marketing strategy amidst economic turbulence, focusing primarily on inflation and price stability. It emphasizes the brand's commitment to low prices by placing them directly on product packaging, creating "Price Packs". These packs demonstrate PENNY's promise of stable and affordable prices for customers, a distinctive approach in the food retail sector. The ad is visually vibrant and modern, featuring shots of grocery products with prices prominently displayed. The narration discusses the significance of price transparency, providing consumers with a sense of security and trust. Scenes include news clips about inflation, interviews with satisfied customers, and the design and rollout of the Price Packs. The message is clear: PENNY is a reliable and innovative choice for cost-conscious consumers. The campaign has garnered significant media attention, reinforcing PENNY's market presence and increasing sales.