Marketing strategies for alcoholic beverages industries

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Marketing strategies for alcoholic beverages industries

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Millennials are eager to know and are influenced by what their peers and experts say about alcohol products. About 60 percent consider wine reviews “extremely” or “very” important, compared to about 20 percent of baby boomers. They are changing how we talk about and buy things. Know more visit here : – PowerPoint PPT presentation

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Title: Marketing strategies for alcoholic beverages industries


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Marketing strategies for alcoholic beverages
industries
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  • While a millennial might drink alone, they are
    more apt to share the experience with the whole
    world! Of millennials who drink wine, according
    to the Wine Market Council, over 50 talk about
    it on Facebook, and more than a 1/3 share on
    Instagram, Twitter, or YouTube. Instagram picture
    share is free advertising for brands and venues.
    They are just digitally social about their
    experiences with beer and spirits.

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  • Millennials are eager to know and are influenced
    by what their peers and experts say about alcohol
    products. About 60 percent consider wine reviews
    extremely or very important, compared to
    about 20 percent of baby boomers. They are
    changing how we talk about and buy things.

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  • Although Millennials are value-conscious, they
    use coupons and look for good deals. But, that
    doesnt mean they dont seek quality. They also
    equate price with quality. In short, mass media
    doesnt have the same impact because they dont
    believe it. Due to their connectedness to
    communities of interest, many millennials reject
    mass-marketed alcohol beverages and rely more on
    their social communities. This again helps fuel
    the rise in popularity of handcrafted,
    microbrewery, small-batch, single-barrel
    products, descriptors.

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  • However, itd be a mistake to interpret that
    desire for quality translates directly to brand
    loyalty. That means the industry has to be
    smarter and understand their customers journey
    better, not in terms of segmentation, but
    actually knowing and tapping into the markets
    emotional analytics.

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How to Develop Customer Loyalty with fickle,
Variety Driven Millennial Consumers
We know that emotions and customer journeys are
important. Emotion prepares customers to respond.
When we design an experience that supports a
journey to the full scope of emotion, results are
seen in the bottom line. Increase positive
results by serving every customer with a tailored
fit experience.
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  • The primary driver of customer loyalty is
    emotion. Forresters Customer Experience Index
    (CX Index) research shows that emotion is the
    strongest predictor of customer experience
    outcomes such as customer loyalty.

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  • Take a closer look at your journey maps and
    journey data visualizations to figure out what
    the customer is seeing and experiencing. Approach
    it through the lens of emotion to better
    understand the experience of your customer. Make
    purchases from your own store or website,
    subscribe to your email list, follow every path
    you have laid out for your customer. This process
    will help you evolve journey mapping,
    measurement, and design. Also, you need to have
    the power of data and an ai-driven content
    marketing strategy like the kind FiO Analytics
    platform provides. Optimal customer journeys use
    a human approach that is enhanced by technology.
    Know more https//www.groupfio.com/millennials-w
    ho-drink-enjoy-social-proof-social-sharing/
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