Planters gets back into the peanut butter business
Planters, personified by its mascot Mr. Peanut, hasn't sold peanut butter in the U.S. for several decades. But now, Planters parent company Kraft Foods is re-entering the peanut butter market.
HOST: As of today Mr. Peanut is going back to selling peanut butter. There hasn’t been a Planters brand of peanut butter in this country for several decades but its parent company Kraft has decided to re-enter the market — with a kick-off commercial today on Facebook .
As our senior business correspondent Bob Moon
tells us, the new pitch isn’t aimed at kids.
BOB MOON: Smuckers has Jif, Unilever has Skippy, ConAgra has Peter Pan. Kraft hasn’t sold peanut butter in the U.S., even though it acquired the Planters brand a decade ago. Now, the company hopes to carve out a niche, by deviating from what’s been an almost universal pitch for peanut butter over the years:
TV AD: Choosy moms choose Jif.
COMMERCIAL JINGLE: Mama loves me, and I got a hunch, that she’ll always put Skippy, in my lunch.
TRIONA SCHMELTER: Over two-thirds of peanut butter volume is consumed by adults, and not kids.
Triona Schmelter is senior director of marketing for Kraft. She points out targeting the adult market is a natural outgrowth of Kraft’s health-oriented focus with the Planters brand.
SCHMELTER: We have seen the usage of peanut butter growing among adults, I think with the realization that it’s a very tasty way to get great nutrition.
Don’t expect the new ad campaign to be all serious. Planters has had fun lately with a rival to its own Mr. Peanut named Alejandro Almond.
PLANTERS AD: Did someone call Alejandro? Oh, he’s so bold! Well, you know what they say about almonds. Ole!
Today, a new character joins the mix: Get ready for no kidding Peanut Butter Doug.
I’m Bob Moon for Marketplace.