Preview

From Small Business to Large Brand Firm

Better Essays
Open Document
Open Document
3114 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
From Small Business to Large Brand Firm
Erik Heritage

English 102

Dr. Ramirez

November 12, 2010

From Small Business to large Brand firm: New Jersey Wineries

New Jersey wineries are well-medaled. Twenty three New Jersey wineries won nearly 250 medals and awards in competitions and taste testing’s against other domestic and international wines in 2010 alone. Pick a category, red, white or a dessert, and a wine from New Jersey beat a corporate winery with a largely known brand. Their products have proved to be better but can’t seem to get the recognition. The beginning of wine in New Jersey was in 1762, when the London Society for the Encouragement of the Arts, Manufactures and Commerce offered 200 English pounds to the largest vineyard to be planted north of the Delaware River. Edward Antill, who lived in Raritan Landing near New Brunswick, won the prize. "I have been thought by some gentleman as well as by farmers very whimsical in attempting a vineyard," Antill acknowledged after beating out a wannabe winemaker in Basking Today there are 28 wineries in New Jersey from the top of the state to the bottom. They are modest establishments whose wines range from the traditional to ones made from local berries. If you 're tired of California Cabernet or Oregon Pinot Noir, you might want to try some cranberry wine from Tomasello Winery in Hammonton (Taber 2005). All throughout the world of small business firms and Entrepreneurships like the wineries in New Jersey are looking for ways to be noticed over the larger firms it is a struggle for them when there are many big brand firms that consumers are loyal to. The small business find it hard to get recognized outside are there local customers. The businesses are looking for ways to separate them from the competition. Strategies are developed to help the small business grow produce quantity and quality. The New Jersey wine region is struggling to get recognized over the more popular regions like California and regions to the north like



References: Manternach, L. (2010). Differentiate to create a big brand for small businesses. Corridor Business Journal, 6. Retrieved from EBSCOhost. Metzler, James (2002). Taking Care of Business. PC Magazine, 21(6), 110, 39 Retrieved from EBSCOhost. Moen, K. (2008). Small business can lead to bigger, better things. SaskBusiness, 29(7), 23-26. Retrieved from EBSCOhost. Udell, G. G. (1977). A Small Business Extension Service? Implications of The Small Business Development Act. Journal of Small Business Management, 15(3), 1-8. Retrieved from EBSCOhost. Subrahamian, B. (1981). Inside Agriculture: A Boost For Small Businesses. American Journal of Small Business, 6(1), 3-5. Retrieved from EBSCOhost. Stanworth, J., Stanworth, C., Watson, A., Purdy, D., & Healeas, S. (2004). Franchising as a Small Business Growth Strategy. International Small Business Journal, 22(6), 539-559. Taber, G. M. (2005).Vintage New Jersey. njbiz, 18(2), 15. EBSCOhost. Ruth, J. S. (2010). N.J. wines up against bitter competition. njbiz, 23(25), 20. EBSCOhost This article explains that now that New Jersey in a wine region, they have acquired competitors Carrington, J. H., & Aurelio, J. M. (1976). Survival Tactics for the Small Business. Business Horizons, 19(1), 13. EBSCOhost.

You May Also Find These Documents Helpful

  • Powerful Essays

    Rwt1 Bussiness Research

    • 2642 Words
    • 11 Pages

    Ballew, J. (2011, June 24). The top 7 disadvantages to buying a franchise. Retrieved from Bright hub: www.brighthub.com/office/entrepenuers/articles/38973.aspx Caplan, S. (1999). High Profit Financial Management for your small business. Chicago: Dearborn Financial Publishing,Inc. CMC, J. D. (1999). Marketing for the home based business. Holbrook: Adams media Corp. Cohan, P. S. (1957). Hungary start up strategy. Sanfransisco: Berrett-Koehleger. Golden, S. L. (1997). Secrets of Sucesssful Grantsmanship a Guerrilla guide to raising money. Jossey-Bass. Lacy, H. R. (2001). Financing your Business. Deerfield Beach: Made E-Z Products Inc. Ostrowski, S. (2012, April). Smart Business Cleveland. How to grow your business using market research , p. 1. PH.D., D. K. (1994). Avoiding mistakes in your small business profiting from the experiences of others. Crisp Publications. Rice, C. S. (1990). Trategic Planning for the small business. Holbrook: Bob Adams,Inc. Scott, C. (2011). The benefits of market research. Retrieved from Ezine Articles: http://EzineArticles.com/?export=Colin_Scott…

    • 2642 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The wine industry is a very competitive industry, with no precise market leader making the future of a business’ success or failure uncertain. The case states, “Napa Valley was a prominent American Viticultural Area (AVA) in California’s North Coast wine-producing region, which encompassed Lake, Napa, Mendocino, and Sonoma counties” (C-392). The number of wineries continually grew throughout the years increasing competition. Altogether this is a highly saturated market with over 3,300+ wineries in California alone. Among these wineries, the case mentions a few of Frog’s Leap Winery’s competitors, including: Jackson, Family Wines, Spring Mountain, Turley Wine Cellars, and Tres Sabores. This highly competitive industry is also mature, leaving…

    • 296 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Katz, J., & Richard, G. (2011). Entrepreneurial Small Business. In Entrepreneurial Small Business (pp. C-6 - C-8). New York : McGraw-Hill Irwin.…

    • 1280 Words
    • 6 Pages
    Better Essays
  • Better Essays

    To Build or Buy

    • 1804 Words
    • 8 Pages

    Longenecker, J. G., Petty, J. W. & Palich, L. E. (2012) Small business management: launching & growing entrepreneurial ventures, Mason, OH: South-Western, Cengage Learning…

    • 1804 Words
    • 8 Pages
    Better Essays
  • Best Essays

    Gm530 Final Exaple

    • 2301 Words
    • 10 Pages

    Hatten, T,, (2009), Small Business Management: Entrepreneurship and Beyond, 4th Edition, Houghton Mifflin Company, 222 Berkeley St, Boston, MA 02116, DeVry Migration, 2009, p. 479…

    • 2301 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Scarborough, N. M. (2014). Essentials of Entrepreneurship and Small Business Management (7th ed.). Retrieved from The University of Phoenix eBook Collection database.…

    • 1173 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    2208

    • 8852 Words
    • 36 Pages

    Wine Council of Ontario. 2009. Wines of ontario: Year in review 2008-2009, winesofontario.org/PDFs/WCOYearReview08-09.pdf (accessed 23 Feb 2010).…

    • 8852 Words
    • 36 Pages
    Powerful Essays
  • Powerful Essays

    Ski Shop Business Plan

    • 6196 Words
    • 25 Pages

    Longenecker, Justin G., Petty, William J., Palich, Leslie E., Moore, Carlos W. (2010) Small Business Management (15th Edition). Mason, OH: South-Western Cenage Learning…

    • 6196 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    Firewire Surfboards

    • 906 Words
    • 4 Pages

    References: Longnecker, J.G., Petty, J.W., Palich, L.E., & Moore, C.W. (2010). Small business management. Mason, OH: Cengage.…

    • 906 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Mondavi Analysis

    • 1009 Words
    • 5 Pages

    The Robert Mondavi Winery became one of America’s most innovative, high-quality winemakers in the late 1960s and early 1970s. There are over 1 million wine producers worldwide and no winery accounted for more than 1% of global retail sales. Because of this and the fact that there are many substitutes, there is an issue to try to gain economies of scale and become a leader in the wine market. Wine tends to stay it its local region, which makes it harder to compete with its substitutes. In the strategic analysis portion of this case analysis, we discuss Porter’s Five Forces and how they affect the Robert Mondavi Winery. We conclude that in order for the winery to stay competitive and gain economies of scale, they should develop new joint ventures and reform their company structure into a decentralized federation.…

    • 1009 Words
    • 5 Pages
    Good Essays
  • Good Essays

    For the purposes of this case analysis of E. & J. Gallo Winery, the wine industry is composed of all alcoholic beverages that contain between eight and twenty percent alcohol by volume. This distinction is based on the assumption that beer and the typical malt liquor contain less than eight percent alcohol by volume. The twenty percent limit is a result of state and federal tax and licensing laws. The three top competitors that are identified in this case study are E. & J. Gallo, Canandaigua and Mogen David.…

    • 2418 Words
    • 9 Pages
    Good Essays
  • Best Essays

    As for the “New world” (Vincor, 2005) expansions, Vincor strategic actions involve in growing in earnings are to improve operating income by acquiring new wineries and rationalizing and integrating the operations. This will also permits the expansion of the company’s product line and the expansion of the company’s currents brands by providing new distribution opportunities.…

    • 1845 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Wine Industry

    • 4543 Words
    • 19 Pages

    The United States wine industry is a 12 billion dollar industry and is composed of 7,000 wineries and around 1,800 different companies. The three major companies within the industry are Constellation brands, E&J Gallo, and The Wine Group Inc. The industry has made its way through the economic crisis at a better rate than some of the other U.S industries however in order for them to continue to see any type of growth it is important that they acknowledge their issues and find ways in which they can rectify them. The majority of the issues among the industry are problems that cannot be directly controlled by individual wine companies. Therefore it is imperative that wineries find away to use these issues to their advantage, since they are impossible to just ignore. The four most crucial obstacles the industry is currently faced with are the economic state, the climate changes, the price of gas, and the CARE Act of 2010. All four of these obstacles affect the production of wine and as an end results affect the consumer. These obstacles cause the cost of wine production to increase and therefore wine companies have to increase the price at which they sell their wine to consumers in order to offset the extra money that was put in to the manufacturing of the good. The industry should also focus on their weaknesses amount the five forces, which include threat of substitutes, threat of entry, and threat of rivalry. If the industry can focus on lowering these threats, and concentrate on the value of their customers then they will be able to face the issues that they cannot control with a stronger hold on the market.…

    • 4543 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Blackford, M. G. (2003). A History of Small Business in America. University of North Carolina…

    • 600 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Hr Practice

    • 6088 Words
    • 25 Pages

    A study on Human Resources Management was made in small and medium industries located in…

    • 6088 Words
    • 25 Pages
    Powerful Essays

Related Topics