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Published byBrandon Blankenship Modified over 9 years ago
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Bellefountain Cellars Vintners of Oregon's finest handcrafted wines!
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Introduction §The Mommsen’s l Business philosophy l The family §The Winery l When and how it was built §Winemaking l Process l Low volume production
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The Winery at a Glance…
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Market Plan Recommendations: §Retain Current Customers §Create a Sense of Community §Enter Wine Tasting Festivals and Competitions
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Retain Current Customers §Less expensive then attracting new customers §Relying on word-of-mouth advertisement §Lack of cash-flow for advertising and other expenses
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How to Retain Current Customers §Create customer database §Send out brochures §Offer gift baskets §Send out bi~monthly electronic newsletter
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Create Customer Database from: §Customers that visit the winery §Credit/debit card sales §Raffles/drawings
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Brochure §Distribute to customers prior to holiday seasons §Distribute at Festivals and Competitions §Distribute to local Bed & Breakfasts, specialty shops, and restaurants §Inform customers of new wines, wine tasting hours, current events, and purchase opportunities
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Cost per Brochure §Postage: $.34*2= $.68 §Development $689/ 1000 §Total Cost per brochure $.68-$1.36
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Gift Baskets §Year~round availability at the winery §Promote at wine tasting events, have on display in tasting room, and advertised on Bellefountain Cellar website.
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Cost per Basket §Wine: 2 bottles @ $6-$7 §Basket: $2.70 @ 1000 §Labels: 3-4 inches 2 color = $100 @ 1000 5 color = $1000 @ 1000 §Shipping done at the customers expense §Total Cost:$20-$25
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Creating a Sense of “Brand Community” Brand Community = Brand Loyalty It establishes a bond between people with a common interest.
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Importance of “Brand Community” §Helps to maintain a loyal customer base §Builds friendships and relationships §Allows the winery to continue relying on “word-of-mouth” advertisement §Develops relationships within the local business community
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Two Specific Recommendations for Achieving Brand Community §Electronic Newsletter §Special Events
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Electronic Newsletter §History of the winery §Educational §Wine Industry News §Current Events and Family News §Quotes and Facts §Gourmet Receipts §Stories from Readers §Entertaining
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Costs: §ISP ~ $20 monthly fee §$89.99 Publisher 2000 software §Time
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Special Events §“End of the Crush” party §“New Years Eve” celebration § Annual “Summer BBQ”
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Costs: §Wide range of expenses, depending on the number of guests and type of party §Greatest expense comes from catered services §No need to rent facilities, tables, linens, or tableware
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Brand Community Summary: §No substantial expense in creating a brand community, but it requires a great deal of commitment §The long run benefits of customer loyalty far outweigh these expenses
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Wine Tasting Festivals §Opportunity to showcase the quality of their wine §Meeting local restaurant and specialty store buyers §Promote their winery §Distinguish themselves from other vintners §Gain acclaim and distinction
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Showcasing Quality §Make a fine quality wine §Entire stock sold annually §Have created award winning wines §Wine tasting festivals attract our target audience
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Meeting Buyers §Notify local buyers about wine tasting festivals and encourage their attendance §Excellent opportunity to make initial contact with potential purchasers, and begin to develop a relationship
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Promoting the Winery §Services offered l facility §Products offered l Wines l Gift baskets §Display brochures §Newsletters
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Differentiation §Stress the traditional winemaking process §Share the unique atmosphere and lifestyle of the “Bellefountain Family” §Location of the vineyard
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Acclaim and Distinction §Winning awards §Evidence that supports the quality of their wine §Greatly enhances their image, and complements all other marketing activities
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Relevant Costs §Cost of Entry §Opportunity Costs §Space rental §Product expense §Promotional Materials §Travel expenses
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Conclusion… By incorporating some or all of these recommendations, Bellefountain Cellars will be able to create and reinforce a strong customer loyalty. This loyalty will allow them to increase the price per bottle, which in turn, will maximize profits. These profits will then be used to expand operations.
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