The (r)evolution of wine marketing mix: From the 4Ps to the 4Es

Autor: Maria Teresa Cuomo, Gerardino Metallo, Giuseppe Festa, Antonio Festa
Rok vydání: 2016
Předmět:
Zdroj: Journal of Business Research. 69:1550-1555
ISSN: 0148-2963
Popis: Recently, the wine sector is developing very interesting market dynamics, both for old-world countries (as regards wine) and new world ones. Furthermore, old-world countries still have a product orientation, whereas new-world ones have a market orientation. Starting from the 4Ps model (product, price, promotion, and place), this study develops a theoretical framework specifically for wine-marketing mix. This study draws on a literature review on marketing mix variables—and the role of knowledge in consumer purchase behavior—to propose the 4Es formula (expertise, evaluation, education, and experience) based on a certain knowledge of the consumer/taster. Thus, an experimental marketing action applies the concept of wine marketing mix, according to the 4Es model, to a panel of consumers. The results, although with some limitations, support the relevant contribution of knowledge to the wine-marketing mix.
Databáze: OpenAIRE