Grandma’s
Best is a premium brand housed in the Washington. The brand manufactures
different types of chocolates, cookies and candies. The brand was started by an
elderly woman for her locality but grew as the family took it further and
making what Grandma started from kitchen to Grandma’s Best – the brand. There
are two ways by which the brand is doing business. Firstly they sell their
products under the brand name Grandma’s Best and second is selling their
products under the private label. Such an approach is very strategic and
rewarding as it capitalizes on the market share directly and indirectly. The
company also diversifies its product offering by making bundles of products
together and different types of gift baskets to attract different customers.
The prices of these products are competitive with the other brands in the
market. Grandma’s Best has been able to position itself as premium quality due
to its high quality. The market has been very supportive of the industry and a
reason why there is so much growth opportunity for Grandma’s Best.