Will consumers wine purchasing habits change?
The wine industry has been hit in recent weeks with a price increase on all wines and the question on all wine producers minds is will customers continue to spend their hard earned money on wine? It is a question that is on the lips of everyone and even industry experts are struggling to come up with the answers because, in truth, nobody can really say what is going to happen. It largely depends on the customer and their purchasing habits; if they are regular buyers of wine then they may look to change the amount they buy or look to buy wines on deals.
If a customer only buys a bottle or 2 of wine occasionally then they may not change their habits because the price increase will not have a huge change on their lifestyle and their bank balance. However, if you like a glass of wine a few times a week and like to cook with it as well then you will probably see the effects of the price increase as you will see it hitting your bank balance harder. The leading suppliers and producers of the most popular wines will be hoping that their customers are loyal enough to carry on buying their wines.
The occasional buyers may be the ones that need to be targeted because if spending on wine is least affected by this customer segment then it is these customers that need to be persuaded to buy the wine. Customers who buy wine sporadically are also more likely to switch brands as well as they probably do not have an affliction with one particular brand of wine. This is good news for the wine producers in the UK. When it comes to choosing the right wine many of these customers will simply see which ones are on offer and choose from that range.
Many of the leading supermarkets have wine offers available to customers so it is these places where the wine industry has to rely on. The number of customers that are prepared to pay the increased price on wine is unknown but what is clear is the potential that the wine industry has available. With a range of wines available including red, white and rose, customers up and down the country have a wide range of wines to choose from and finding one that meets your requirements should not pose too much of a problem for any customer.
The leading wine merchants in the market supply a range of wines from all over the world including South African wines and more.
Processing your request, Please wait....
