Presentation is loading. Please wait.

Presentation is loading. Please wait.

Analysis of marketing mix of winery Víno Nitra s.r.o.

Similar presentations


Presentation on theme: "Analysis of marketing mix of winery Víno Nitra s.r.o."— Presentation transcript:

1 Analysis of marketing mix of winery Víno Nitra s.r.o.
Jan Kowalski Wyższa Szkoła

2 Content Marketing mix theory Specifics of wine marketing
Research methods Profile of Víno Nitra s.r.o. Marketing mix of Víno Nitra s.r.o. SWOT analysis Conclusions and suggestions

3 Marketing mix theory

4 Marketing mix theory 4P

5 Marketing mix theory 4P 5P

6 Marketing mix theory 4P 5P 8P

7 Marketing mix theory 4P 5P 8P 4C

8 Marketing mix theory 4P

9 4P marketing concept 4P Product Price Placement Promotion

10 Product Object, service or idea that is put on market
Anything with purpose of sale and satisfaction of customer needs

11 Product layers Enhanced product Formal product Core product

12 Product mix dimensions
Widht of product mix Lenght of product mix Depth of product mix Porduct mix consistency

13 Product development phases
Implementation Growth Maturity Decline

14 Price Numerical expressions of product value
Part of image of company/product Only part of marketing mix tht brings profit

15 Goals of price policy Profit increase Increase of market share
Sales development Investments rentability Product quality Survival

16 Pricing methods Pricing based on demand Pricing based on costs
Pricing based on competition Pricing based on value perception

17 Placement To deliver the product to customer Right amount Right time
Right place

18 Distribution methods Direct Indirect

19 Direct distribution Direct distribution of product to customer
No intermediate

20 Indirect distribution
Usage of intermediates Producer – agent – establishment - customer Producer – retail – customer Producer – wholesale – retail - customer

21 Promotion – marketing communication
Advertising Sales support Public relations Personal sales Direct marketing

22 Advertising Any paid non-personal form of promotion TV advertisements
Posters Billboards

23 Sales support Set of motivation tools with short-term but immediate effect Discounts Customer contest Sampling

24 Public relations Development of good relations woth external enviroment Press release Common events Sponsoring, charity

25 Personal sales Usage of sales force for purposes of sales and profit
Most effective tool of marketing communication Supports all the other tools of marketing communication

26 Direct marketing Direct approach to potential and existing customers
Private Customized Up-to-date Interactive

27 Specifics of wine marketing

28 Context

29 Context Product Price Placement Promotion

30 Context Product Price Placement Promotion Branding Product development
People Consumer behaviour Wine tourism Direct sales Packaging Wine events ...

31 Context Experiential marketing approach Focused on added value
Emotions, experience, social networking

32 Product Focus on formal product Finite resorces for each vintage
High-quality wine is not FMCG Individual personal value

33 Price

34 Price

35 Price

36 Price

37 Price-changing factors
Vintage Rarity Story

38 Vintage Year of production Determines potential for maturing
Determines overal quality of wine

39 Rarity

40 Rarity

41 Rarity 600 bottles, 250 USD/bottle

42 Rarity 600 bottles, 250 USD/bottle Market price – USD/bottle

43 Story

44 Story

45 Story Forecast of high quality of Bordeaux 1982
Fame of this wine and Robert Parker Bordeaux 1982 more expensive than Bordeaux 1983 1983 is beating 1982 in blind tastings

46 Placement Wholesale, retail Wine shops Gift shops Cellar sale
Gastronomy

47 Placement Special storage conditions Appealing place of sales
One wine ≠ one distribution channel

48 Promotion Legislation restrictions for advertising
Focus on other tools of marketing communication No usage of direct marketing

49 Research methods

50 Research methods Interview SWOT analysis

51 Interview Interview with commercial director
Questions prepared beforehand Focus on marketing mix of company

52 SWOT analysis Tool of strategic planning
Analysis of internal strenghts and weaknesses Analysis of external opportunities and threats

53 Profile of Víno Nitra s.r.o.

54 Profile of Víno Nitra s.r.o.
Winery with 50 years history Production – litres per year 700 hectares of own wineyards Operates on markets in Czech Republic, Poland, USA, Japan and China

55 Marketing mix of Víno Nitra s.r.o.

56 Product 5 wineries 10 product lines 110 products in total

57 Product lines Wine kegs Classic Tradition Evolution Selection Elegance
Sekt Pálffy (sparkling wine) Sekt Charmat (sparkling wine) Chateau Modra Premium Chateau Modra Terroir

58 Price Cost oriented method
Price range – 1,80 EUR – 15 EUR (without VAT)

59 Price-changing factors
Cultivation costs Vineyards revitalization ŠKČ (State control number) Wine production costs Marketing costs Labels

60 Placement Own shops Wholesale/retail Gastronomy

61 Own shops 5 own shops 1 key-account manager managing this shops
Prices as in company´s catalogue Chateau Modra Premium, CM Terroir, Selection, Evolution, Sekt Pálffy, Sekt Charmat, tapped wine, seasonal „young“ wine

62 Wholesale/retail Direct distribution 1 commercial director
4 regional managers All product lines, except for Chateau Modra Premium and Terroir

63 Gastronomy Doesn´t have main distribution channel
1 commercial director 6 sales representatives Chateau Modra Premium, Chateau Modra Terroir, Elegance, Sekt Pálffy

64 Promotion Advertising Sales support Public relations

65 Advertising Local press Specialized magazines Gastronomy fairs

66 Sales support Discounts Consumer competitions Personnel education
Wine taps instalation Sampling

67 Public relations Participation on events Wine fairs
Contribution of top management

68 SWOT analysis

69 SWOT analysis Strenghts Production divided to 5 vineyards
Widht and Depth of product mix Price range Production volume Expansion to foreign markets Participation of top management on PR activities Weaknesses Low usage of media Costs of vineyards revitalization One-litre bottles of wine Only standard ways of promotion are being used Not enough own shops

70 SWOT analysis Opportunities
External consulting on marketing communication Non-conventional forms of marketing Other EU markets National winemakers cooperation New varieties registration Threats Competition Cheap imported wine Legislation changes Unexpected climatic changes Criminal activity

71 Conclusions and suggestions

72 Conclusions and suggestions
Product Production divided to 5 vineyards Cultivation of many different varieties Wide variety of products Not distinguished from competition Suggestions Development of product lines for specific market segment (women) Development of product lines according to seasons (red wine for winter, rose for summer)

73 Conclusions and suggestions
Price Cost oriented pricing Revitalization of vineyards costs Expected fall in sales in upcoming year Suggestion Focus on marketing communication to retain current sales volume

74 Conclusions and suggestions
Placement Sales in wholesale/retail and gastronomy Sales via own shops Some of the product lines are being sold in both channels Only Chateau Modra wines are being sold in gastronomy Suggestions Remove product line Elegance from wholesale/retail

75 Conclusions and suggestions
Promotion – conclusion Usage of specialized media Participation on gastronomy events Press media are the only advertising channels Weak consumer competitions

76 Conclusions and suggestions
Promotion – suggestions Billboard design and usage Promotion of awarded wines Non-conventional forms of advertising usage Adding winery excursions to consumer competitions

77

78 Thank you for attention


Download ppt "Analysis of marketing mix of winery Víno Nitra s.r.o."

Similar presentations


Ads by Google