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Published byMariah Carter Modified over 9 years ago
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Wine Marketing Paul Wagner, President, BALZAC Instructor, Napa Valley College Wine Marketing & Sales
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GOAL OF MARKETING: OPENING THE DOOR Define Winery Position Understand Distribution Support Sales
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How are Sales and Marketing Different? Sales is the transformation of inventory into cash. Marketing is the development and protection of the brand. These are not mutually supportive goals
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What is a brand? A brand is the symbol that consumers associate with your company and products. It’s worth is a direct measure of your marketing success. If you have a company, you already have a brand.
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So what is your position? If you have a brand, you have a position. Do you know what it is? How can you affect it? What do you want it to be?
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That’s really big question: What do you want your brand to be?
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So how do you answer it? Build on what you have Eliminate the negative Look down the road
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SWOT DIAGRAM Strengths Weaknesses Opportunities Threats
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SWOT Analyze competitive marketing programs Focus on high return programs Invest in long term strategies
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Build your Brand Lead the category Own a word in the consumers’ minds Create value for the company All this will help sales
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PULLING THROUGH THE PIPELINE How does marketing help? Who really gets people to buy a specific wine? Role play it. What can it do that advertising can't? Can it build long term success, relationships, results?
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DON’T JUST TALK; LISTEN “Propaganda ends where dialogue begins.” Marshall McCluhan
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WHAT THE TRADE WANTS Best buys High scores News Interesting photos More buyers, better sales
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WHAT CONSUMERS WANT Authenticity Personality Best buys High scores Interesting photos
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WHERE DO YOU APPLY THIS? Promotions Placement Pricing Product! This is your brand. This is your message to the world.
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MARKETING 101 IN SUMMARY Know your message Identify your audience Deliver the message Evaluate results
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DEFINE EXPECTATIONS Goals and budgets Hard results vs. Image enhancement Be accountable—for all our sakes
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