Thought of opening another wine store? Here’s a spreadsheet which I’m using to evaluate volume by segment, margin, revenue, costs and profit. It also evaluates marketing promotions.
Thought of Opening another Wine Store? Here’s a Financial Model that may help
Wine Marketing: How many women are you getting in your wine store?
I’ve just been speaking to a senior wine industry figure and he has pointed out the issues that a traditional wine specialty store has with women. Many wines stores are full of fantastic wine. They accurately reflect what the wine store owner loves, and can speak passionately about if given the chance. However they may not be what half of the market wants, the ‘half’ being women
Wine Marketing: Different Wine Consumers (4)
I stumbled across this 18-month study commissioned by Constellation Wines US on Wine and Vines. Ties in nicely with the other studies I’ve seen in the wine and alcohol beverages industry. Key points for a local wine retailer are: Traditionalists – Shop at retail locations that make it easy to find favorite brands…
Wine Marketing: Different Wine Consumers (1)
If we can understand why people buy and consume wine then we can create better ad copy, website content and emails. So I’m doing some of posts on different wine consumers, or “segments”. This wine drinker segmentation is based off analyzing Amazon wine book categories. It provides some excellent ideas on website content.