25.09.2013 Views

OKANAGAN CRUSH PAD

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Target Market<br />

OCP’s primary target market consists of boutique wine stores, restaurants, lounges, pubs, and bars that sell wine by the glass,<br />

bottle, or on-tap to reach end consumers (secondary market). OCP uses business-to-business tactics to push sales to the retail<br />

and restaurant buyers, as well as select tactics to create pull through them from end consumers.<br />

Primary Market<br />

Retailers<br />

Retailers include specialty wine shops and private liquor stores, who are interested in stocking reputable or innovative wines, to<br />

increase store traffic, volume sales, and dollar sales. There are approximately 700 private licensee retail stores within B.C. (The<br />

Province of British Columbia, 2012), many of which sell similar products. This makes exclusivity a factor when choosing what<br />

to stock. They are interested in reliable suppliers, strong relationships, and promotional support.<br />

OCP specifically targets boutique retailers such as Marquis Wines and Everything Wine. More recently, BCL stores have begun<br />

stocking small quantities of their wines, after repeated requests from BCL. However, OCP prefers to service the smaller, private<br />

retailers, due to their more personal and exclusive nature, as well as the low profit margins and mass-volume image presented<br />

by B.C. Liquor Stores. The majority of retailers purchase from supply chain partners, such as Trialto.<br />

Restaurants<br />

OCP targets local restaurants (Food-Primary License), pubs, high-end lounges and tasting rooms (Liquor-Primary License), that<br />

serve mid to high priced prestigious wines and range from casual to fine dining. Like retailers, buying agents from restaurants<br />

may often use Trialto to purchase their wine. These restaurants are located in urban areas throughout BC, such as Yaletown,<br />

Gastown and Granville Island. It is imperative that restaurants look for wines that complement their menu in order to pair well<br />

with certain dishes (Jinkyung & Silkes, 2010). Therefore it is the responsibility of the buying manager to also look for wines<br />

that would contribute to a balanced, signature wine list (Lockshin, Cohen, & Zhou, 2011).<br />

Many restaurants consider their own culture, personality and competitive uniqueness and acquire wines that align with their<br />

company’s character, or support similar values, such as locally grown and produced products (Dodd, Gultek, & Guydosh,<br />

2004). Some restaurants are now capitalizing on the ability to sell quality wine on tap from kegging.<br />

Secondary Market<br />

Consumers<br />

OCP recognizes the end consumer as a secondary market, which influences and affects the choices of their primary B2B<br />

market.<br />

Demographics- OCP drinkers are Generation-Y’s, specifically Millennials aged 21 to 35. Most have earned their university<br />

degrees and work in white-collar jobs and earn an average, annual income of $30,000 to $65,000 (PRIZM C2, 2012).<br />

Geographics - These wine drinkers live in the Greater Vancouver area, Victoria, and the Okanagan, in both urban and<br />

suburban areas, often close to boutique shops. Some OCP drinkers also reside in Calgary, AB (City Palate, 2012).<br />

Psychographics - Millennials are independent and well educated. They and considered the nation’s most “tech-savvy” and are<br />

heavy users of social media. Current news about fashion, electronics, and food and wine trends are important to them. Online<br />

shopping for wine poses no challenge or threat to them as a purchasing method. Besides varietal and personal taste, this market<br />

is heavily influenced by the label and package design when purchasing.<br />

Behavioural - Trendy, hyper-local and niche restaurants and eateries appeal to this audience. They live an active and social<br />

life, spending their free time taking care of the dog, socializing, bar-hopping, and listening to music. Casual, “unsophisticated”<br />

LOGICAL ART Page | 6

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!