For a Limited Time Only
If you feel like
you’ve been hearing about a lot of limited-edition products lately,
you’re not mistaken. More and more beverage companies are marking the
passage of time with new “in-and-out” seasonal products. Some
of the most recent include Mountain Dew Pitch Black, which will hit stores
in time for Halloween; Pepsi Holiday Spice, which will ring in the winter
holidays beginning in November; and Sprite Berryclear Remix, which had a
life span limited to this year’s warm summer months.
The phenomenon is significant enough that Suzanne
Niekrasz at Robertet, who participated in this month’s Ingredient
Supplier Roundtable (page 73), said, “No discussion of this
year’s beverage trends is complete without mentioning
limited-edition, “in-and-out” seasonal launches.”
Brewers have featured seasonal products for a long
time, but it’s a fairly new concept for soft drink companies. Pepsi
can take credit for the idea, which began with last year’s summer
rollout of Mountain Dew Live Wire. According to Kim Feil, chief executive
officer at Mosaic InfoForce, who spoke recently at Beverage Industry’s New Products
Conference, Live Wire avoided the “ugly reality of line
extensions”, which is their tendency to cannibalize core product
sales. If they can’t prevent cannibalization, limiting line
extension’s time on the market at least allows companies to plan for
it, she said.
It also has another effect, which is to pique the
interest of consumers who are increasingly fickle and experimental in their
brand choices. “People like new products — they are much more
interested in variety nowadays than they were just a few years ago,”
said David Burwick, senior vice president and chief marketing officer at
Pepsi-Cola North America, about the new Pitch Black and Holiday Spice
introductions. “By introducing new flavors for a short period of
time, then taking them away, we’re meeting the wants and needs of
soft drink consumers while playing directly to their purchasing
patterns.”
Keeping up with the logistics of these short-term
products — on the shelves for only eight to 10 weeks, in some cases
— will be a challenge. But from a consumer standpoint, they seem to
have struck a chord. Mountain Dew Live Wire and Sprite Remix were recently
reported to be two of only a handful of new soft drink brands that
experienced any kind of sales increase this summer.
Due to the nature of my job, I probably try more new
products than the average consumer. But I can see why these products have
become popular — there’s something intriguing and celebratory
about a product you can only have for a limited time. I’m looking
forward to trying the next season’s offerings, and curious to see if
their staying power — or intentional lack thereof — continues. BI