Graphene AI – E-commerce Landscape Assessment for Premium Wine & Liquor Brand - PowerPoint PPT Presentation

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Graphene AI – E-commerce Landscape Assessment for Premium Wine & Liquor Brand

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The brand desired to expand its reach and sales through e-commerce channels. However, they lacked a deep understanding of consumer behavior and preferences in the online liquor market. To bridge this gap, they collaborated with Graphene AI, a leader in AI-powered consumer insights analysis. – PowerPoint PPT presentation

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Date added: 25 June 2024
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Title: Graphene AI – E-commerce Landscape Assessment for Premium Wine & Liquor Brand


1
11/06/2024, 1402
1 E-commerce Landscape and Consumer Insights
Assessment for Premium Wine Liquor Brand
(/)
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Graphene AI E-commerce Landscape Assessment for
Premium Wine Liquor Brand
GrapheneAI
May 31, 2024
The brand desired to expand its reach and sales
through e-commerce channels. However, they lacked
a deep understanding of consumer behavior and
preferences in the online liquor market. To
bridge this gap, they collaborated with Graphene
AI, a leader in AI-powered consumer insights
analysis.
2
11/06/2024, 1402
1 E-commerce Landscape and Consumer Insights
Assessment for Premium Wine Liquor Brand
GrapheneAI leveraged its expertise to conduct a
comprehensive e-commerce landscape assessment for
the liquor brand. This involved analyzing vast
amounts of data, including Online consumer
surveys and reviews Social media conversations
about online liquor purchases E-commerce platform
sales data (if publicly available) Market
research reports on online alcohol sales
trends Through its analysis, Graphene AI provided
the brand with valuable consumer insights into
consumer behavior within the online liquor
market. These insights helped the brand
understand Factors Driving Online Liquor
Purchases The analysis identified the key factors
that influence consumers to choose
online channels for buying liquor. These factors
included Convenience Ease of payment through
electronic options and subscription services.
Price Comparison The ability to easily compare
prices across various e-commerce platforms. Wider
Selection Access to a broader range and
selection of wines and liquors compared to
physical stores. Pre-purchase Options The
ability to reserve or pre-select specific
products for special occasions. Information
Availability Overcoming the challenge of limited
information at physical stores, allowing for
informed decision-making. Challenges of Online
Liquor Purchases The analysis also revealed the
factors that deter consumers from purchasing
liquor online. These included Deceptive Pricing
Instances where the advertised price is not the
final price due to additional shipping costs,
mandatory memberships, etc. Delivery Issues
Concerns about delays, damaged products, missed
deliveries, or products not arriving on
time. Limited Availability The possibility that
a specific brand, type, or vintage may not be
available online. Taste Concerns Hesitation due
to the inability to verify taste or potential for
a bad experience based on previous
purchases. Review Authenticity Doubts about the
genuineness of online reviews, fearing they might
be marketing tactics.
3
11/06/2024, 1402
1 E-commerce Landscape and Consumer Insights
Assessment for Premium Wine Liquor Brand
Equipped with these insights, the brand, in
collaboration with Graphene AI, was able to
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craft a targeted e-commerce marketing strategy
like
Highlighting convenience and Price
Transparency Curated Selection and Availability
of premium wines and liquors, ensuring popular
brands, types, and vintages are readily
available. Pre-ordering and Gifting
Options. Robust delivery Partner with a reliable
delivery service. Engaging Content and Reviews By
leveraging Graphene AIs e-commerce landscape
assessment, the liquor brand gained a significant
advantage in its online expansion. These benefits
included Informed E-commerce Strategy Increased
Online Sales Improved Customer Experience
Competitive Advantage This case study
demonstrates how Graphene AIs AI-powered
consumer insights analysis empowers brands to
navigate the e-commerce landscape. By
understanding online consumer behavior, brands
can develop targeted marketing strategies that
drive sales and build customer loyalty in the
competitive world of online liquor sales.
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