Ladder Brand Flashcards

1
Q

What does the ladder brand intend to do?

A

-create easy to understand ‘rungs’ to help consumers trade up to a higher priced and better quality expression of the brand

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2
Q

What are the 3 rungs?

A
  1. Accessible- least expensive with greatest distribution, c’s buy most often
  2. Stretch- affordable, but only on special occasions
  3. Aspiration- most never buy as more than willing to spend on wine
    -should cast it’s super prem identity over entire ladder
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3
Q

Where does luxury branding work well?

A

-champagne houses
-accessible= pol roger non vintage
-stretch= pr vintage
-aspiration= pr cuvee winston churchill

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4
Q

What about with soft brands?

A
  1. bourogne rouge
  2. Gevrey Chambertin
  3. Le Chambertin GC
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5
Q

Where doesn’t ladder branding work well?

A

-low involvement customers
-won’t know aspiration exists
-worst scenario= image of entire ladder based on accessible wine and consumers reluctant to trade up as think all over priced

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