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Wine marketing report

The purpose of this report was to research and analyse various international markets in order to place Carrick Pinot Noir onto a new foreign Market. Specific objectives were product/market selection including country risk assessment of political, economic, socio-cultural and technological factors; selection of target market, competitive analysis and identification of opportunities in the chosen overseas market; and recommendations for market entry and marketing mix strategies.

A list of four potential international markets was first developed based on the market size and the amount of wine consumed per capita. Canada, Germany, China and Chile were seen as having high potential for Carrick to export to. These countries were individually evaluated by looking at the major risks and opportunities of exporting to each potential market. After intensive research into each market Canada was selected. As the most attractive market Canada has the attributes that suit Carrick product and there is a gap in the market at the Premium end that Carrick will be able to target. British Columbia, Alberta, Ontario and Quebec were selected as the target markets within Canada that provide the most attractive opportunities. These


The first task when looking to expand into new Pinot Noir export markets was to develop a list of potential countries that should be investigated to discover their potential as viable Pinot Noir markets. From brief desk research ten countries were initially chosen as possibilities. These were: Canada, Germany, Chile, China, Austria, Netherlands, Switzerland, South Africa, Italy and France. These countries were basically selected by looking at the market size and the amount of wine consumed per capita. After further analysis it was decided that six of these countries should be eliminated and only four countries should be chosen for in-depth research.

Should Carrick decide to enter this market it is recommended that Vancouver (in BC) be the first point of entry since the consumers in this market are particularly predisposed to Carricks product. So too, this market also exhibited degrees of education and wealth that would be necessary for purchasing high quality wine. In penetrating the remainder of the Canadian market, this report also recommended that Carricks implement a stages approach, which would be tempered with a contingency approach.

Some topics in this essay:
Pinot Noir, Carrick Winery, Wine Festival, Central Otago, Noir Incorporated, Wine Access, Germany Wine, Finally Carrick, Chile Canada, Germans Canadians, pinot noir, carrick winery, british columbia, carrick pinot, recommended carrick, market entry, wine consumption, carrick pinot noir, target market, sales office, market selection, country risk assessment, british columbia alberta, 2002 internet users, columbia alberta ontario,

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Approximate Word count = 5826
Approximate Pages = 23 (250 words per page double spaced)


  

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