The Scandinavian Tobacco Group United Kingdom Limited (ST Group UK Limited) has announced the wide-spread launch of Moments, a new range of miniature cigars that will capitalise on the rapidly growing consumer demand for Value For Money (VFM) products. The roll-out of the Moments brand to STG UK’s family of tobacco products follows successful trials in the grocery multiples and is available in cash and carries nationwide.
Available to retailers now at an MRRP of £3.31, Moments is available in two variants, Moments Blue and Moments Original, and is packaged in a distinctive crush-proof tin of ten quality cigars. The range is available in 10 x 10 outers and the competitive price point is designed to drive strong rate of sale, appealing to cash-conscious smokers that have already demonstrated strong demand for the range during the initial trials.
VFM – A fully established cigar trend
Alan Graham, Head of Marketing, Scandinavian Tobacco Group United Kingdom Limited Trade Marketing Manager, comments: “While the recession has made consumers evaluate what VFM really represents in some FMCG categories and alter their purchasing decisions accordingly, up until recently, the trend had not fully established itself in cigars. However, we’ve realised that the market has moved on and a VFM segment has clearly developed in the category in the past few months.
“The trial period has been phenomenally successful and we felt now is the right time to bring Moments to the wider market, as there is a clear demand for VFM cigars. The two variants offer a smooth smoking experience that we feel that they will complement our existing portfolio of cigars. The range will appeal to a type of consumer that is ultimately more mindful of where their money is going than ever before, yet still wants a quality, smooth cigar.”