Term Paper: Youth Market in U.S. Wine

Pages: 1 (432 words)  ·  Bibliography Sources: 1+  ·  Level: College Senior  ·  Topic: Agriculture  ·  Buy This Paper

SAMPLE EXCERPT:

[. . .] S. wine industry is facing stiffer competition from foreign wine manufacturers in the wake of globalization. Such competition is likely to increase in future

Recommended Strategy:

The U.S. wine industry can no longer afford to ignore the youth market

Substantial increase in advertising targeted to Generations 'X' and 'Y' is required. The campaign needs to be designed with care as 'tricking' the youth into drinking wine could prove to be counter-productive

Other measures such as designing smaller wine bottles and simpler, Anglo-Saxon names for wines are needed

References

Scalera, Barbara. (July 2002). "New Ideas for a New Generation." Harpers magazine. Retrieved on July 28, 2003 at http://www.winexwired.com/archives/harpers2.htm

Skeen, Thomas P. "Wine X: Edgy magazine reaches out to next generation of wine drinkers" Walla Union-Bulletin. On July 28, 2003 from (October 23, 2002) http://www.winexwired.com/archives/seattle2.htm

Although U.S. consumption of table wines has been increasing since 1990, the number of drinkers hasn't kept pace with the rise in the adult population (Report sponsored by Wine Market Council in 2000)

This is now widely recognized by the wine market as the Wine Market Council, an industry-funded research and marketing group, has launched an ad campaign in the U.S. aimed at the youth wine market

SWOT Analysis

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APA Format

Youth Market in U.S. Wine.  (2003, July 28).  Retrieved May 26, 2019, from https://www.essaytown.com/subjects/paper/youth-market-us-wine/9275327

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"Youth Market in U.S. Wine."  28 July 2003.  Web.  26 May 2019. <https://www.essaytown.com/subjects/paper/youth-market-us-wine/9275327>.

Chicago Format

"Youth Market in U.S. Wine."  Essaytown.com.  July 28, 2003.  Accessed May 26, 2019.
https://www.essaytown.com/subjects/paper/youth-market-us-wine/9275327.