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http://nrn.com/food-trends/taco-bell-may-roll-out-1-cravings-menu-nationwide
Taco Bell is moving closer to a possible national launch of a new $1 Cravings menu that would redefine value offerings at lower prices, company officials said Thursday.
The chain began testing the new value offerings earlier this year and has evolved the menu to include more variety and craveable items, officials said.
Taco Bell is testing a second version of the menu at restaurants in Sacramento, Calif., and Kansas City, Mo. If all goes well, company officials said it could debut nationally later this year.
Consumers want a $1 solution, and they want variety at a dollar price, Taco Bell chief marketing and innovations officer Brian Niccol said.
Test items on the $1 Cravings menu include shredded chicken mini quesadillas, churros, triple-layer nachos, a Beefy Nacho Loaded Griller, a cheesy bean and rice burrito, a spicy beef mini quesadilla, a Beef Crunchito, a Beefy Cheesy Burrito, a spicy potato soft taco, a Cheesy Roll-Up, a caramel apple empanada and Cinnamon Twists.
The $1 Cravings menu is a key part of Taco Bells value strategy, especially as more quick-service chains tinker with low-price offerings.
Arbys, Wendys, Dairy Queen and Del Taco are either testing value menus or have rolled out new low-priced offerings.
Theres a core of consumers who want a dollar menu, and we need to make sure its still relevant, Taco Bell vice president of brand marketing Chris Brandt said.
Consumers are constantly evolving, he said, and Taco Bells goal is to listen to them about what they crave at that price point. Earlier versions of the menu werent satisfying the cravings, Brandt said, but he expressed optimism that the new evolution would show results.
The new $1 Cravings line would replace Taco Bells existing Why Pay More? value platform, which has a tiered pricing structure. When it was introduced in 2008, the Why Pay More menu included items priced at 79 cents, 89 cents and 99 cents. Later, prices increased to up to $1.99 in some markets.
Work on the low end of the price scale is part of a larger effort to redefine value at the chain, Niccol said. While Taco Bell has long been known for value, he said, the chain is now focusing on offering affordability at different levels to meet the needs of various customers.
Last year, Taco Bell introduced a higher-priced Cantina Bell menu, which offers Fresh Mex food for around $5, which would be more expensive at fast-casual competitors like Chipotle Mexican Grill or Baja Fresh Mexican Grill.
This month Taco Bell will add a Double Steak Quesadilla to the Cantina Bell menu. The item features a new marinated steak with pepper Jack cheese, served with a new fresh salsa, reduced-fat sour cream and a side of chips, for a recommended $4.99.
The chain is also testing new fajitas at various prices that might be added to the Cantina Bell menu. The dish is offered with chicken or steak, along with onions, red and green peppers, cilantro rice, black beans, guacamole, reduced-fat sour cream and pico de gallo, and is served with warm tortillas.
For snackers, or what Niccol calls clockless eaters, Taco Bell launched in March a new Happier Hour from 25 p.m., when drinks and snacks like Loaded Grillers are priced at $1. The snack promotion is a limited-time offer available through the summer, he said.
Other limited-time offers, like the Beefy Crunch Burrito, which is stuffed with Flamin Hot Fritos will return on May 23 for 99 cents.
Irvine, Calif.-based Taco Bell has 5,800 units and is a subsidiary of Louisville, Ky.-based Yum! Brands Inc.