This comes under the category of "I wish I had invented it"
Did you know that there are over one billion of the marshmallow Peeps produced each year? Unbelievable. 49.6 million is sales in 2007. What can we learn about marketing from this company? Two things:
1) Be unique. There is only one company that makes Peeps...and they've gained market share because they are known for doing something well.
2) Be consistent. Peeps customers know exactly what they are getting everytime they open a package of this marshmallow treat.
Peeps facts:
Ingredients: Mostly sugar, corn syrup, and gelatin, same as most other marshmallow candies. They do have trace amounts of flavoring, coloring, wax, unpronounceable preservatives and such.
Calories: About 32 per Peep (and can anyone eat just one?)
Colors: Yellow was the original. Since Peep Season 1998, Peeps are available in yellow, white, pink, violet, and blue. Blue was added for the 1998 season. Violet first appeared in the 1997 season.
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Chris Mitchell is the President and Founder of 25-8 Marketing, Inc, a full service advertising agency in Elk River, Minnesota. He plans and implements marketing programs for small to medium-sized businesses. Mitchell is a consultant, speaker and author and has worked with hundreds of companies. He has over 20 years of real-world advertising experience, and understands the marketing challenges of the small business owner.
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