Japan Tobacco International (JTI) has repositioned its Sovereign Blue’s RRP, including KS, SK and Sky Blue KS, to align with its ultra-value offerings as part of a pricing restructure across its conventional tobacco products portfolio.
With price a key consideration for existing adult smokers when deciding which brand to purchase, Sovereign Blue’s RRP (20-pack) will change to £10.65, joining Mayfair Silver and Kensitas Club as part of JTI’s ultra-value range.
“Price is an important purchasing factor for existing adult smokers and 80.5 per cent of all sales volumes are currently in the value or ultra-value RMC and RYO sector,” Mark McGuinness, marketing director at JTI UK, commented.
“We’ve brought Sovereign Blue in line with our other ultra-value options to provide more choice of well-known brands to consumers at this end of the market. Shoppers will still receive the same high-quality Sovereign Blue product, whilst retailers can maximise the sales opportunity by offering this heritage brand at a new value RRP.”
