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
2
Q
What are the 3 rungs?
A
- Accessible- least expensive with greatest distribution, c’s buy most often
- Stretch- affordable, but only on special occasions
- Aspiration- most never buy as more than willing to spend on wine
-should cast it’s super prem identity over entire ladder
3
Q
Where does luxury branding work well?
A
-champagne houses
-accessible= pol roger non vintage
-stretch= pr vintage
-aspiration= pr cuvee winston churchill
4
Q
What about with soft brands?
A
- bourogne rouge
- Gevrey Chambertin
- Le Chambertin GC
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