Preview

International Wine Marketing Plan

Good Essays
Open Document
Open Document
7935 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
International Wine Marketing Plan
The Situation Analysis

CUSTOMERS

Customer Analysis in the United States: The Scarborough Wine Market Report recently released new research on the average American consumer of wine. The report states that within the last three month, approximately 39% of all Americans over the age of 21 have purchased a bottle of wine. In addition, 33% of purchasers have a household income of over $75,000. Furthermore, of those surveyed, 39% of purchasers had attended at least some college. The report went on further to state that 25% of purchasers were between the ages of 21-34 and 45% of purchasers were between the ages of 35-54. In a recent annual Yankelovich MONITOR survey of American adults, research has found that wine consumers exhibit many specific characteristics. These characteristics observed as a whole develop a picture of individuals on the "leading edge of trends". Unlike many of their peers, wine consumers have the following qualities:
1) Are open to new experiences
2) Decidedly follow their "own path in life"
3) Appreciate intangibles (i.e. experiences and emotions) over objects
4) View name brands as unnecessary
5) Value information to make confident consumer decisions
6) Have developed their goals and priorities
Wine consumers have similar habits in restaurant environments, which include both bars and clubs. In those surveyed approximately 74% of wine consumers purchased wine by the glass. In addition, those who traditionally purchased bottles above $15, continued to purchase wine by the glass. Some critics attribute the recent surge in glass purchases of wine versus bottles, by the need for wine consumers to continue experimenting with new tastes, without overindulging. Currently, American wine consumers are made up primarily of women, who account for a majority of wine purchases in at all price points. Female consumers enjoy wine in more casual and informal gatherings and say that the allure of wine revolves around its ability to

You May Also Find These Documents Helpful

  • Good Essays

    Bonny Doon Analysis

    • 1373 Words
    • 5 Pages

    Traditionally wine was seen as a “pretentious” product in U.S, but by the late 1990’s to early 2000’s, wine started to become a popular social drink for the masses. In addition, the market became more adventurous, demanding unusual “undervalued” wines instead of the traditional wines such as Chardonnay. The adventurousness was driven by “Generation X” and created a significant opportunity for wineries to meet this new unconventional demand. As the industry is still currently in its growth stage, the industry attractiveness is high. Wine is a relatively high margin product, and there is increasing demand domestically and internationally. Because of…

    • 1373 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Bonny Doon Case

    • 2560 Words
    • 11 Pages

    The size of the wine market in the U.S., measured by tonnage, is estimated to be 2.5 million tons of crushed wine grapes in 1998. About half of the tonnages crushed are red wine grapes and the other half are white wine grapes. The best wineries are located in the Napa Valley and Sonoma region, whose wines receive high praises from critics. The per capita wine consumption in the U.S. is only about 2.02 gallons per adult as compared to 16.2 gallons in France and 15.8 gallons in Italy. Thus, demand for wines in the U.S. has huge potential for continued growth. At the same time, there is increasing demand for U.S.-made wines abroad.…

    • 2560 Words
    • 11 Pages
    Good Essays
  • Better Essays

    Tincknell & Tinchknell, 2001. Wine Marketing 101. (2001). Retrieved on March 21, 2012 from : http://www.marketingwine.com/pdfs/winemarketing101.pdf.…

    • 1993 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    PBC Project HvA

    • 7693 Words
    • 31 Pages

    The decision is made to focus on two groups: the baby boomers and the millinialists, this is underdivided in the image seekers and enthusiast segments. This can be divided into restaurant consumers and retail consumer and Margaux in this case will choose for selling to retailers. This is also because 60% of total wine consumption in the US takes place at home and 20% in restaurants, bars and lounges. Moreover, retailers will only earn a 30% margin whereas restaurants earn a 60% margin.…

    • 7693 Words
    • 31 Pages
    Powerful Essays
  • Satisfactory Essays

    Essay Analysis

    • 573 Words
    • 3 Pages

    In the next section, the author talks about how the idea behind the local foods movement is slowly permeating into the wine world. Even though, the phenomenal seems very different from the locavore movement, the passion for specificity is the same. Wine sellers have resorted to import wines from places like Europe and South America as opposed to buying local products.…

    • 573 Words
    • 3 Pages
    Satisfactory 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
  • Good Essays

    In 2011 the United States become the worlds largest consumer of wine, totalling a staggering 13.5% of global consumption. Further to this fact, individual wine consumption in the US has more than…

    • 1304 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Mountain Man

    • 1019 Words
    • 4 Pages

    The United States was the largest beer-consuming market in the world. However, since 2001, U.S per capita beer consumption had declined by 2.3%. This was caused by increased taxation and people’s health care awareness, and competition from wine and spirits-based drinks, and mostly by drinkers’ preference changes.…

    • 1019 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    Edwards, Frances; Spawton, Tony (1990) Pricing in The Australian Wine Industry, European Journal of Marketing, 24, 4.…

    • 1955 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    The global wine industry is estimated to be in size of $130 billion to $180 billion in retail sales which is attributed in three types of wine: Table wine (alcohol level 14%) and sparkling where Table wine accounted for the major share of the market. The table wine market is further divided into five principal segments: jug or commodity, popular premium ($3-7 per bottle), super premium ($7 -14 per bottle), ultra and luxury. The consumptions of premium wine kept growing in US and other non-European wine-producing nations, i.e. UK. However, most of the continental European countries continue to keep high demand on inexpensive table wine. US paid $7.2 per bottle on average, which is higher than Western European consumers ($4.8 per bottle.).…

    • 442 Words
    • 2 Pages
    Satisfactory 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
  • Satisfactory Essays

    Consumers have a hundreds of different grape varietals, colors, sizes, styles, and country origins. And with a big excess of grapes, the bargaining power of suppliers can be considered low, proof of this is that wine production outstripped consumption by 15-20 % in 2001, but is necessary to take into account that distributors had…

    • 783 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Throughout history, Champagne has been seen as a symbol of pleasure and luxuriance. The royalties and the nobles were the first to spread the word of this sparkling quality wine. Internationally, English were the first to welcome the beverage and today, the United Kingdom still is the biggest market for Champagne export. The development of…

    • 4760 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    chinese red wine

    • 1247 Words
    • 5 Pages

    China’s wine consumption has been continuously increasing since the late 1990’s. The per capita consumption of wines rose from 0.19 liters in 1997 to 0.75 liters in 2009, representing a 4 times increase. Nevertheless, compared to France (51 liters), Italy (44 liters), USA (11.5 liters) or even Japan (1.9 liters), China’s per capita wine consumption is still far behind.…

    • 1247 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Ecommerce

    • 968 Words
    • 4 Pages

    2006 to 2010: Wine retailing +$10 +14.7% $5-$10 range +10.7% Low-priced wines -$5 +0.95 % US wine consumption to grow 10% between 2011 and 2015 (13 liters per adult per year). (Source: International Wine and Spirit Research (IWSR) Consulting Group for Vinexpo, Bordeaux, France) 2011 US Spanish wine imports 299,160,830.00 value 6.21% of total wine imports 6th place US E-Commerce Overview E-Commerce market Year…

    • 968 Words
    • 4 Pages
    Powerful Essays

Related Topics