DFJ Vinhos: Wines in China, A promising but difficult market
DFJ Vinhos: Wines in China, A promising but difficult market
DFJ Vinhos: Wines in China, A promising but difficult market
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Recognized W<strong>in</strong>emaker: José Neiva Correia has a lot of experience on the w<strong>in</strong>emak<strong>in</strong>g<br />
process. Hence, he is able to guarantee the w<strong>in</strong>e quality and his wide network both <strong>in</strong><br />
Portugal, be<strong>in</strong>g a consultant <strong>in</strong> many companies, and abroad, s<strong>in</strong>ce he has been deal<strong>in</strong>g with<br />
the world w<strong>in</strong>e <strong>market</strong> for many years.<br />
More than 180 awards <strong>in</strong> 2012: The Company <strong>in</strong>vests 80% to 90% of its <strong>market</strong><strong>in</strong>g budget <strong>in</strong><br />
the UK, USA and Germany. All with powerful fairs and magaz<strong>in</strong>es, that had visibility <strong>in</strong> several<br />
other <strong>market</strong>s. These awards enable the company to have more <strong>in</strong>fluence on the w<strong>in</strong>e <strong>market</strong><br />
and build a better brand image.<br />
Dfj <strong>V<strong>in</strong>hos</strong>´ adaptability – W<strong>in</strong>e tailors: Comb<strong>in</strong>ed with the aforementioned competitive<br />
advantages, it allows the company to provide to its clients a customer/<strong>market</strong> driven w<strong>in</strong>e,<br />
with a good price-quality ratio. After a meticulous <strong>market</strong><strong>in</strong>g analysis, def<strong>in</strong><strong>in</strong>g the ma<strong>in</strong><br />
segments, they try to f<strong>in</strong>d the best opportunities and bet on specific targets with the best<br />
range of w<strong>in</strong>es, accord<strong>in</strong>g to their portfolio;<br />
<br />
Weaknesses:<br />
Lack of brand image: When deal<strong>in</strong>g with the Ch<strong>in</strong>ese <strong>market</strong> the major weakness is the lack of<br />
brand image that <strong>DFJ</strong> <strong>V<strong>in</strong>hos</strong> has. So far, the company does not have a strong network built<br />
and personal relations are the key for success <strong>in</strong> Ch<strong>in</strong>a. Additionally, Portugal has a poor image<br />
compar<strong>in</strong>g to France, Italy, or even compared to countries from the new world that have been<br />
export<strong>in</strong>g huge quantities of w<strong>in</strong>e for a long time.<br />
<br />
Opportunities:<br />
Ch<strong>in</strong>a: Ch<strong>in</strong>a itself is a huge opportunity for <strong>DFJ</strong> <strong>V<strong>in</strong>hos</strong> s<strong>in</strong>ce it is rapidly grow<strong>in</strong>g;<br />
Creative <strong>W<strong>in</strong>es</strong>: The knowledge and adaptability the company has can allow them to create<br />
new w<strong>in</strong>e solutions that do not directly compete with countries like France or Chile,<br />
overcom<strong>in</strong>g the French image and the Chileans economies of scale;<br />
Produc<strong>in</strong>g abroad: In the long run, <strong>DFJ</strong> <strong>V<strong>in</strong>hos</strong> could produce abroad <strong>in</strong> order to avoid taxes<br />
and transportation costs.<br />
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