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Wine Marketing Metrics

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Wine Marketing Metrics Paul Wagner, President, BALZAC Instructor, Napa Valley College Wine Marketing & Sales How do you know if it is working? Using metrics to ... – PowerPoint PPT presentation

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Title: Wine Marketing Metrics


1
  • Wine Marketing Metrics
  •  Paul Wagner, President, BALZAC
  • Instructor, Napa Valley College
  • Wine Marketing Sales

2
How do you know if it is working?
  • Using metrics to measure your marketing
  • You cant manage what you cant
  • measure
  • What metrics do we use?

3
Marketing Metrics
  • Contacts how many did you make?
  • How do we quantify them?
  • How do we qualify them?

4
The big question
  • Was it worth it?

5
So how do you answer it?
  • Cost analysis include time, money and wine
  • Create a spreadsheet
  • Review and evaluate every
  • marketing activity
  •  

6
Quantifiable results
  • Business cards collected
  • Visits scheduled
  • Wine club memberships brochures
  • Winery visits requested
  • Media clips
  • Facebook friends

7
Qualified Results
  • Business cards collectedfollowed up?
  • Visits scheduledand executed
  • Wine club memberships sold
  • Winery visits requested wine sold
  • Media clips market, message and publication?
  • Facebook friends action?

8
COSTS
  • Wine in cases, and in cash
  •  
  • Time in hours and in cash
  •  
  • Expenses in cash

9
COMPARE
  • This event with other events
  • This year vs. other years
  • Your results vs. other wineries

10
ADAPT!
  • Use the comparison to adjust your marketing
    efforts
  • Eliminate low ROI programs
  • Multiply high ROI programs
  • Be creative. And ruthless.

11
DEFINE EXPECTATIONS
  • Goals and budgets for next year
  • Hard results vs. Image enhancement
  • Be accountablefor all our sakes
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