Branding Flashcards

1
Q

Why is Branding considered important in the Wine World?

A

Wine is a luxury good, and people will buy wine which enhances their lifestyle, at their discretion. To gain recognition it is important to build an identity which is considered reputable.

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2
Q

Where do brands exist?

A

Brands exist primarily in the consumer’s mind; it is a concept, idea.

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3
Q

What does a Brand mean to the customer?

A

A brand gives consumer an identity

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4
Q

How do brand concepts work together with other brand concepts?

A

Brand concepts can be congruent, meaning they make sense when put together, i.e. 4 and 20 meat pie, VB longneck. Luxury brands require high value

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5
Q

What can a brand be in wine making?

A
  • The wine itself; e.g. Grange
  • A Producer; e.g. Wolf Blass
  • Region; e.g. Yarra Valley
  • Ideals; “Organic Vines & Wines”
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