Preview

BSBMKG416A Assessment Task1

Good Essays
Open Document
Open Document
1729 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BSBMKG416A Assessment Task1
The company’s overall international marketing plan and strategy

Sales & Marketing Strategy

With a complete emphasis on quality, the primary 80 ha Watershed vineyard, 201 megalitre dam, modern cellar door facility, ultra-modern 1,800 tonne wine production facility, 1,500 square metre barrel store, 1,000 square metre fully airconditioned wine storage facility and Watershed's award winning 200 seat restaurant & cafe make Watershed Premium Wines a development of 'world class' standing.

To complement these outstanding facilities, the Sales & Marketing Strategy is designed to ensure that award-winning Watershed Premium Wines reach the most discerning consumer.

Export Strategy

With the slow growth in domestic wine sales, accompanied by an oversupply of wine grapes export markets have become a key driver in sales growth. Watershed has focused its marketing efforts on Asia and in particular China. The high Australian dollar has impeded export growth, however exports remain the primary source of growth for premium wine sales.

The specific international marketing goals and objectives

Quality founded upon a total commitment to wine innovation and style from vine to table.
The Margaret River Watershed Premium Wine business has enhanced the Margaret River region with a development of such quality that it will satisfy the most critical wine or viticultural enthusiast.

The international target market

Selected country for target market : China

Identify and document 4 marketing activities for the target market.

Product placement in entertainment
Moviegoers and online game players often notice products from a part of the script or scene. Companies pay for this privilege: They agree to a payment scheme in return for the marketing benefits that come as a result of a Hollywood star using their product. The same is true of video games, where everyday players navigate through a world populated with products they can find in their local store.

Newsletters and articles

You May Also Find These Documents Helpful

  • Good Essays

    Bonny Doon Analysis

    • 1373 Words
    • 5 Pages

    Traditionally wine was seen as a “pretentious” product in U.S, but by the late 1990’s to early 2000’s, wine started to become a popular social drink for the masses. In addition, the market became more adventurous, demanding unusual “undervalued” wines instead of the traditional wines such as Chardonnay. The adventurousness was driven by “Generation X” and created a significant opportunity for wineries to meet this new unconventional demand. As the industry is still currently in its growth stage, the industry attractiveness is high. Wine is a relatively high margin product, and there is increasing demand domestically and internationally. Because of…

    • 1373 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The global wine industry involves two distinct activities, viticulture and winemaking. Viticulture is the cultivation and harvesting of grapes and winemaking is the production of an alcoholic beverage via the crushing and fermentation of grapes. The spatial distribution of winemaking is now known as to be either old world or new world and the characteristics of these different areas determine the kind of wine and also quality of the wine produced. Looking into the future of the viticulture and winemaking industries the challenges they are expected to encounter are complex.…

    • 834 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Mondavi

    • 1193 Words
    • 5 Pages

    Looking at the wine industry, and analyzing the market wine, we can say that there are three main factors that can bring to success a wine industry: brand image, distributer relationship and access to capital and collaboration. Robert Mondavi winery success depends and will depend on the same factors listed above. In order to ensure a leading market position I think that Mondavi should focus on solutions that enhanced this main factors like enforcing brand image, enhancing relationship with distributors, emphasis on joint venture and collaboration.…

    • 1193 Words
    • 5 Pages
    Good Essays
  • Better Essays

    The Robert Mondavi Winery was founded in 1966 in Oakville, California. Robert Mondavi started the business after he separated from his brother, with whom he had run a winery until then. Only three years later, the Los Angeles Times named Mondavi's Cabernet Sauvignon 1969 as the best wine produced in California.…

    • 1242 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Mondavi Swot Analysis

    • 834 Words
    • 4 Pages

    * Each winery employs modern technology to ensure the highest quality fermentation and aging process…

    • 834 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Wine Consumption

    • 6881 Words
    • 28 Pages

    A vision to establish a high quality wine facility, with boutique wines at a reasonable price, establishing long lasting customer& business relationships.…

    • 6881 Words
    • 28 Pages
    Good Essays
  • Good Essays

    As the fighting brands gradually moved up the price points, there was an opportunity for an entry level wine that could be priced lower than 4.49 pounds. In line with the company’s vision of becoming an international wine company, Carson decided to tap non-Australian wine sources and develop a line of branded products that could utilize the company’s strong distribution channels. This strategy would provide vital scale economies, minimize harvest risk, capture rationalizing suppliers, and avoid currency-driven price…

    • 737 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Wine Industry

    • 2607 Words
    • 11 Pages

    The analysis provides information on the two international wine brands (Banrock Station and Bordeaux) that from different kinds of world wine producers, New World and Old World, enter into the same market of the United Kingdom. Also, this report analysis why these wine corporations go to oversea, why choose England, and how achieve success in England applying Global-Local Model to judge which strategy the companies adopt. In addition, this report focusing on marketing.…

    • 2607 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Brl Hardy

    • 649 Words
    • 3 Pages

    In the early 1990s the wine industry underwent a huge transformation. From then on, New World countries were exploiting the wine industry and customers were getting more sophisticated and discerning. A new market consisting of high-quality wines was created. But at that time, about 70% of BRL Hardy’s sales were accounted for low-margin French wines and they could not meet the demand of these new customers. Hardy’s business model was entirely focused on exporting high quantities of low-margin wine products. Millar, managing director at that time, decided that it was time for a new business model.…

    • 649 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Global Wine Wars

    • 2234 Words
    • 9 Pages

    Briefly describe the changing economic geography of the global wine industry in terms of production, distribution and consumption.…

    • 2234 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Nz Wine Industry Analysis

    • 14188 Words
    • 57 Pages

    “WHAT PATH SHOULD THE NEW ZEALAND WINE INDUSTRY TAKE TO ENSURE ITS FUTURE SUCCESS?” New Zealand must continue to focus on its competitive advantage in premium wine. That competitive advantage has survived oversupply intact and rich opportunities still exist for premium New Zealand wine in both established and developing markets; but the industry must guard against strategic threats and operating weaknesses. “WHAT ROLE SHOULD NEW ZEALAND WINEGROWERS PLAY IN THAT FUTURE?” New Zealand Winegrowers’ priority role is to protect the industry’s competitive advantage from threats and weaknesses. Its secondary role is…

    • 14188 Words
    • 57 Pages
    Powerful Essays
  • Powerful Essays

    Through our risk appetite analysis we found China to be our recommended country of choice when exporting wines from Australia. This conclusion came as China held…

    • 7515 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Wine Consumer Behavior

    • 6585 Words
    • 27 Pages

    Geraghty, S and Torres, A (2009) The Irish wine market; a market segmentation study, International Journal of Wine Business Research, 21 (2), pp. 143-154, Ebsco, [Online]. Available at: http://search.epnet.com.login.asp/ (Accessed: 02 January 2010).…

    • 6585 Words
    • 27 Pages
    Good Essays
  • Satisfactory Essays

    California wine cluster

    • 273 Words
    • 5 Pages

     VP Grape growing winemaking luxury, ultra premium, super premium, popular premium jug wines “To lead the world wine market in terms of production, consumption, and exports” KR • • • • • CR  In off-premises level, wholesales and retailers plays active role in building wine brands,  In on-premises level, Wine-by-the-glass and winery sponsored dinners was way to reach costumers.  Wine Tour and Tasting leads to increase in consumer education.…

    • 273 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bhbhj

    • 256 Words
    • 2 Pages

    There are a large number of young wine drinkers who cannot afford the high prices of the current Gran Vin brand and are therefore not being attracted to the Château de Margaux vineyards. If these consumers were introduced to an affordable brand of wine from the Margaux estate, then they may be more likely to recognize and trust the brand. That way, when they are looking for a more expensive wine, they will first go to their label of Grand Vin from the Château de Margaux collection.…

    • 256 Words
    • 2 Pages
    Satisfactory Essays