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Canadian Red Wine Business

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Canadian Red Wine Business Plan for Los Angeles California

download word file, 20 pages (89KB)

Document Type: Term Paper
General Topic: Business - Business Plans
Citation Style: MLA
School Level: College Sophomore (2nd year)
Sources: 8
Views: 118
Words: 5919
Pages: 20
Paper #: 36141299

...... The distribution channels for wine are also different, with sales through wine clubs, specialty shops, markets, and with few sales over the Internet because the system mitigates against it except in thirteen states. The market is segmented according to types of wine, brands, and price. Growth in the market has been steady in the United States, rising from $11.7 billion in 1990 to $18 billion in 1999, for instance. Today, the U.S. market ranks third in the world, though in terms of consumption the market only ranks thirtieth. The U.S. is now the second largest market for exported wine and the fourth leading producer of win in the world. The size of the market is considerable but also has a good deal of room for growth. Imports into the United States have also increased, as have exports. Both areas have room for growth. World trade patterns have also changed with the creation of the European Union along with the globalization of world markets, altering the balance of competition for many products. The segmentation of wines from most vineyards is on the basis of quality and price. Companies seek more efficient and effective ways of bringing these products to the

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