5.1 supermarkets / retail sector Flashcards
Name 3 well known examples of supermarkets over the globe!
- ) US Walmart
- ) French Carrefour
- ) British Tesco
Name the important key facts about supermarkets if they stock wine!
1.) largest market share
2.) Stock wines from popular regions / varieties / brands
= wine style for wide range of consumers
3.) big brands e.g. Jacobs greek, barefoot, oyster bay
= widely available = attract consumer to buy wines
4.) for consumer with little knowledge
List disadvantages of listing big brands for a supermarket!
1.) consumer can compare prices
= buying wherever its the cheapest
2.) no costumer loyalty
1.) How do supermarkets try to build brand loyalty?
Give an example!
Give 2 examples of huge supermarkets which are doing so!
- ) private labeled wines or own brand wines (on label)
e. g. UK Sainsbury taste the difference
2.) US Walmart & USA Costco
Name 4 advantages & 5 disadvantages of listing the private labeled wines of a larger producer in a supermarket!
advantages:
- selling a large volume of wine
- market exposure in more than one country
- no intermediary costs
- supervised by supervisor winemakers
disadvantages/risks:
- negotiating power by supermarkets
- less profit
- fees for stocks wine & promotion (magazine)
- costs for price promotion
- strict contracts (quality, volume, labelling)
Name a premium supermarket chain that buy artisan wines!
whole foods North America & UK