Verified Document

Youth Market In US Wine Term Paper

Youth Market in U.S. Wine Strengths of the Wine Industry:

Awareness about the health benefits of wine drinking is growing

Wine Industry has been able to produce high quality wine at affordable prices of late

Development in biotechnology means that plentiful grape production is likely in future

Weaknesses:

The wine industry has mainly catered to the older generation of wine drinkers thus far

The passive attitude in the industry that the young generation naturally grows into wine drinking as it ages.

Opportunities:

Generation X (21-34-year-olds) spends 10% more than baby-boomers on every type of alcohol, except wine. They also drink 51% more alcohol than baby-boomers do. (Roberts of Wine...

If people are not drinking wine by the time they are 26-28 years old, they may adopt the habit when they are older
The U.S. wine industry…

Sources used in this document:
References

Scalera, Barbara. (July 2002). "New Ideas for a New Generation." Harpers magazine. Retrieved on July 28, 2003 at http://www.winexwired.com/archives/harpers2.htm

Skeen, Thomas P. "Wine X: Edgy magazine reaches out to next generation of wine drinkers" Walla Union-Bulletin. On July 28, 2003 from (October 23, 2002) http://www.winexwired.com/archives/seattle2.htm

Although U.S. consumption of table wines has been increasing since 1990, the number of drinkers hasn't kept pace with the rise in the adult population (Report sponsored by Wine Market Council in 2000)

This is now widely recognized by the wine market as the Wine Market Council, an industry-funded research and marketing group, has launched an ad campaign in the U.S. aimed at the youth wine market
Cite this Document:
Copy Bibliography Citation

Related Documents

Alcohol and Youth According to the Center
Words: 1166 Length: 4 Document Type: Essay

Alcohol and Youth According to the Center on Marketing and Youth (CAMY), states are not doing very much in terms of keeping adolescents and other youth from being over-exposed to alcohol-related advertisements on television. The liquor and beer companies are clearly interested in getting young people started with their particular brand, and through television commercials those companies make beer and liquor seem very "cool" to impressionable young people. This paper reviews

Profiling Markets With Psychographics Profiling the Soft
Words: 1237 Length: 3 Document Type: Essay

Profiling Markets With Psychographics Profiling the Soft Drink Market with Psychographics The intent of this analysis is to evaluate the various psychographic segments of the soft drink marketplace. There are seven different psychographic segments included in this analysis, each with drastically different expectations, needs, wants and preferences for soft drinks overall. Beginning with the Thrill Seekers, and progressing to the Trendy Quality Seekers, then the Price-Value Shopper who shops for soft drinks

Product Launch Plan for Two
Words: 3731 Length: 11 Document Type: Research Paper

As regards its advantages in the Italian market -- the Italian culture places a rich emphasis on food and wine, is interested in expanding its export business, and with a reputable wine export business flourishing in Italy, Kudler can gain a foothold with its own wine products. Weaknesses: Possible discrepancies between American and Canadian definitions of 'organic' may cause concerns. Then too, there is the reluctance of Canadian winemakers to allow

France the Influence of France
Words: 1553 Length: 4 Document Type: Thesis

In conclusion, practically everything connected to French culture and society, whether of ancient or modern origins, is protected, promoted and endorsed by the Minister of Culture, part of the French government and operated by a single cabinet member. Some of the areas included in this entity are museums, national monuments, the visual arts (movies and TV), the theatre, music, dance, architecture, literature and the French National Archives, similar to America's

Finding Opportunity in Obstruction
Words: 1351 Length: 4 Document Type: Term Paper

Double Booked, Double Trouble -- Double the Opportunities for Quality PR! It's enough to drive a public relations professional to drink -- that is, if that professional wasn't already working for one of the premier Australian wine companies. The public relations firm of 'ABC' Inc. has just landed a quality company, namely that of Beringer Blass Wine Estates. Beringer Blass is the global wine division of Foster's Group Limited, the world's

Club IT, Part One Club
Words: 1072 Length: 3 Document Type: Essay

The founders state that they want to create a community, but the question remains open as to what type of community. The Club could target a specific population of young people, like college students. Yet in the absence of a very large nearby college or youth-dominated district nearby, differentiation seems to be a questionable policy given that too narrow a focus might alienate all but one or two narrow

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now