Analyzing Consumer Preference for Wine Product Bundles: Implications for the Retail and Wine Industry |
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Authors: | Christopher Matthews Simon Somogyi Rob van Zanten |
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Institution: | 1. The University of Adelaide , Adelaide , Australia;2. The University of Queensland , Gatton , Australia |
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Abstract: | This research examines a marketing technique (bundling) that wine companies may use to gain access to retail stores. The study examined consumers' perception toward bundling with respect to the Australian wine market and the results allowed for the formulation of market segments, which aimed to provide a better understanding of the wine-bundle purchaser. Cluster analysis highlighted three market segments, in particular, one consumer segment is prone to purchasing wine bundles and is interested in deals. While exploratory in nature, the research may provide an insight into global wine marketing strategy. |
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Keywords: | product bundling wine segmentation consumer behavior anchoring |
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