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This may sound great, and maybe I'm just jealous. Or maybe, it only works in certain situations. Moving Boxes is great if your supply is large,and your margins are thin. If you are diversified enough to withstand not being profitable every couple of years. Most small wineries count this as blood money. They can't afford discounts, let alone marketing budgets, entertainment budgets, etc. The price is the price. In these situations, you need to build the brand. Building the brands perpetuates placements,and you may even turn your customers into evangelists (the best sales tools in the world). People that move boxes can't evangelize. They just aren't built that way. That's not to say they can't sell, but their skill set is better used in different arenas.
My prediction is that this market correction, will once again have another market correction. This will inevitably result in small wineries refocusing on their solid placements, and selling by brand building rather than the fast money.
Interesting post. Still trying to digest everything you are trying to say, but I will give you props for laying it out there. At the very least it made me click on your webpage and check things out (nice intro video, btw...). Best of luck fighting it out in these most "interesting times" as the proverb goes.
ReplyDeletechris