wigle whiskey - viability of expansion into philadelphia
TRANSCRIPT
Research, Data, and Recommendations
Shannon Brendel, Nikki Schutz,and John Winegarden
Demographics
Target: Ages 25-45Professionals who enjoy a discovery of new things
According to a recent study, people in the younger spectrum
of this age group (25-34) engage in nearly every online shopping activity, with 40% of males and
33% of females saying they would buy everything online if
they could.
Demographics
Ages 25-35 spend about $50 per capita more on
alcoholic beveragesA retailer’s ability to make a
millennial smile (lower end of age range) is 33% more
important than it is to a baby boomer
95% of this age group say that friends are the most
credible source of product information
Philadelphia
15%
14%
71%
Population
25-3535-45Other
Median Age - 35
Key Demographic Information
Philly ranks 24th of the 25 largest U.S. cities and 8th out of its 10 most
comparable cities.
The group aged 25 to 34 reflects the highest median income (>$40,400).
Philly has seen a marked increased in the % of young adults 20 to 34 years old and decreases in the %s
of people 0 to 19 and 35 to 54.
Key Industry Information
28% of drinkers aged 18 to 29 have identified a preference for spirits
Flavored whiskey accounted for nearly 75 percent of growth among
all whiskeys in 2012.
Industry sources have noted a growing number of female whiskey
drinkers.
Key Purchasing Information
U.S. e-commerce sales will continue to grow from an already robust $225.50
billion in 2012 to $434.20 billion in 2017.
Online sales attributed directly to social networks are expected to grow by
93 percent each year, from $3.0 billion in 2012
to more than $14.0 billion in 2015
More than half of young women and 44 percent of young men use Facebook or Twitter to get notifications of upcoming
sales or specials .
Washington D.C.
17%
13%70%
Population
25-3535-45Other
Median Age – 35.9
What that means
Large enough population of target in both areas to expand
Online & interactive methods - the best way to reach them.
RisksI think labeling food or other products as “organic” is just
an excuse to charge more
AgreeStrongly agreeSomewhat agreeDisagreeSomewhat disagreeStrongly disagreeNot sure
Source: Harris Interactive, Majority of Americans See Organic Label as an Excuse to Charge More, Apr 15, 2013, www.harrisinteractive.com
Risks
Organic is “expensive”
Educate people on the color, or lack thereof
The noose is a symbol of racism and bigotry
Wigle products taste different than the
competitionCannot extend the ’burg enthusiasm and
cooperative atmosphere to Philly and DC
Recommendations
10M - 20M
20M - 50M
50M - 100M
100M - 500M
500M - 1B
>1B
0 10 20 30 40 50 60 70
Businesses and Revenue in millions (USD)
Philly DC Source: Manta Media, Inc. www.manta.com
Recommendations
Wigle Reps to attend events in Philly & DC
Pop-up or Flash Happy Hours
Whiskey Rebellion tours of sites in
Pittsburgh, Philadelphia, and DC
Online Surveys
Wigle Apps, mobile ads, & kiosks