Coles’ new strategy is going ‘Down Down’ the wrong path

As Coles moves away from its price-driven marketing strategy, Joyride’s Jamie Clift wonders if customers really value a supermarket’s community work over cheap groceries.

The supermarket category is amongst the most fiercely combative segments in marketing – a true heavyweight bout where a single percentage point share movement one way or another can add up to many millions in revenue lost or gained. And for a long time, Coles had the ascendency.

For Woolies, this was a battle fought daily, constantly looking over their shoulders wondering what Coles would do next. Frantically trying to crack the code on ‘value’, and bemoaning the success of Coles’ ‘Down Down’ campaign. Efforts to mimic ‘Down Down’ with ill-conceived campaigns like ‘Cheap Cheap’ left egg on the face of marketers from the green corner.

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