5.5: Reaching the End Consumer within a Free Market - Retail, Hybrids Flashcards
1
Q
What is a hybrid?
A
Specialist wine retailers that also have a bar area where customers can drink wine they buy in the shop
2
Q
What is the benefit for retailers of the hybrid model?
A
- Showcase new wines from less well-known regions or grape varieties
- Consumers can try wines before they decide to buy, encouraging consumers, especially those with less wine knowledge, to purchase wines they might not otherwise have done
3
Q
What is the downside for retailers of the hybrid model?
A
- may need to stay open later into the evening
- require additional staff to serve customers
- bureaucracy involved in opening premises in which people eat and drink than there is for a simple shop