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Showing results for tags 'market research'.
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Hi everyone! I'm looking for a few distillers/owners to have a quick call with me for a research project I'm working on to better help craft makers with marketing when they're first getting started. No sales pitch at all - just looking to learn about your challenges, frustrations, and wins (or lack of doing anything at all!) when it comes to marketing so I can help others have more wins and fewer challenges and frustrations in the future! If you're brand spankin' new and haven't even started thinking about marketing seriously yet I'd love to hear your thoughts as well! As a thank you you'll get free access to the final output (tool/cheatsheet/online course/etc...) when the research is complete. As a sign of goodwill and to show I really will provide value in return for this, here's our existing mini-course on using hashtags to grow your audience you can access for free now. We can likely keep it to 30 minutes or less unless we get chatty Who's game?! I'll work around your schedule, of course. Comment below or email me directly at suzanne@thecraftycask.com. Thanks a million for helping me better help friends like you succeed! -
The alcohol beverage market is a closed system. In the US what this means is that that ~136.8 million people account for the ~211.6 billion dollars in alcoholic beverage sales each year. It is important to note that this number of drinkers has remained essentially unchanged for over 40 years, despite an onslaught of alcohol advertising. What that means if you are an alcohol beverage producer is this - you are stealing your customers from somewhere. The question is where. Now here, there are a number of options. If you are producer in a certain category, perhaps you are winning over some drinkers from another category - say beer to wine, or vodka to gin. But the switch we are most interested in is this one - commodity to craft. Surprising as this may seem to some, the person who determines what somebody is going to buy isn’t the guy who made it, or some marketing exec, or social media influencer, brand ambassador, bartender or distributor. The person who determines what alcoholic beverage they are going to ask for is, guess what, the consumer. So, in a closed system where success is measured by winning a consumer from someone else’s product over to your own, it comes down to one thing. The value proposition. One such value proposition is simple and straightforward - price. The top 10% of drinkers, or 14 million people, account for almost 75% of all alcohol consumption. They only care about one thing, and that is cost. If you are a craft producer, forget these people. They are not your customers. That leaves you 25% of the drinkers to fight over. Right now, craft spirits account for 3.8% of market. That means there are 21.2% more commodity drinkers available for you to win over to craft. In that conversation, what is your value proposition? If it’s that you make great spirits, then you are missing the point. All your competitors make great spirits, even the commodity ones. Especially the commodity ones. They make better spirits and a larger variety of expressions too. You can’t win anyone over with that value proposition, because they can make them cheaper too. Your value proposition is that you are craft. And micro. And local. These are all qualifiers that set you apart. They are conditional terms a consumer can use when asking for a product, and they simply cannot be met by a commodity brand. If we can get 1% more people asking for craft at the bar, restaurant, and liquor store, that is 1% more sales for every craft producer in the market. How do we do that? Through content marketing that communicates the value proposition of craft. -
Greetings ADI Forum! We are so grateful for all of you! Every time we post something here, we receive phenomenal comments & insight from your members -- thank you! We have a branding/marketing firm based out of Portland, Oregon with a strong focus on craft distilling. We are passionate about this business and have unparalleled experience in the industry. We won't bore you by repeating here the qualifications listed on our website -- but please do check out our bios (http://www.fuelevents.net/#!about-us/c12q7) and read about the full range of services we offer (http://www.fuelevents.net/#!services/c21wo). We wanted to let you know that we are now accepting new clients for any and all branding, marketing, market research or training projects. Perhaps you have an in-house marketing team but you feel like you want to get to know your consumer base a little better ... we can conduct market surveys or focus groups tailored to your business! Or maybe you feel like your sales team just isn't getting your brand message across to distributors & accounts ... we can conduct in-depth training seminars to turn them into the fierce sales warriors you deserve! Are you brand new to the distilling world? We can create a marketing plan for your business and then either help you implement the plan or turn it over to your existing team (and remember, marketing plans are good to have in your back pocket when you're looking for investors). Please do check out our website -- www.fuelevents.net. We hope you'll see that our passion is in artisan/craft distilling and it is our goal to help grow this entire industry. The initial consultation is free so you've got nothing to lose by contacting us! We look forward to meeting you! Cheers, Jen & Erika Co-founders, Fuel NW 971.678.2602 happyhour@fuelevents.net
