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Market Profiles

Market Profiles

Segment DescriptionAnnual GrowthCompetitive IntensityCustomer CharacteristicsCustomer exampleHow are they meeting needs today?Key trendsLocation / GeographyMarket sizeNeeds, motivations, issues to solvePurchase ProcessSegment
Consumers forming a relationship with the wine maker??wine buyers who like to buy wine from the vineyard on a yearly basisMe, wine enthusiastsEmail lists, membership listssocial tokens, BAYC able to create new artworks (or buy new wines)Global?Want access to buy from the vineyard, d2c, every vintageSign-up, hopefully you can get on the list (usually not), though you can buy the wineWine relationship
Distributors wanting to sell more & distribute lessWine distributors, selling wine online through marketplace, websites, industryMS Cellars, Langtons (AU)Advertising, bulk trading, loyal customer discountsLoyalty discounts, membership, curated wineGlobalWine market size $417.85 billion + CAGR = 6.4% Off-trade accounts for 89% in 2020 (shops, etc, not in-store) Europe led at 46% https://www.grandviewresearch.com/industry-analysis/wine-market#:~:text=The wine market size was,USD 685.99 billion by 2028.Sell more wine Sell cheaper Automate more less work, less taxesFind online, any websiteWine Distributor
Buying wine and NFT to extend wine in the metaverseOnly 2021LowWeb 3.0 enthusiast, crypto-native wine collectorAny customers buying bitwine or on WIVABuying NFT’sArtworksGlobal16 Million USD 2nd half of 2021Represent physical world in the metaverseOpensea / Immutable / NFT marketplacesWine Buyer in Crypto
Technology to sell to a different market in new waysForward-thinking wine maker, interest in technology, open to try new things, concern for authenticityPenfolds Faiveley Benjamin Leroux Current mechanisms working (distributor, b2b sales, very few d2c sales)* D2C * Organic * Sustainable * NFT Globally where vineyards. Countries embracing technology include 1. France 2. Australia 3. Israelsearching for mechanisms to ensure authenticity & curious to find where the wine travels too. Wants commission on secondary saleInternet researchWine Maker
Wine linked to the blockchain for provenance and authenticity for traders6.4%HighWine trading house like BBR in London, CellarIt in Sydney, In comments - most in HK or UKWine houses like BBR buy directly from vineyard/distributor and cellar. All wine stays at BBR, thus inherent authenticity. Cellarit cellars wines from individuals, no auth or provenance guaranteedCellaring websites offer wine sales for cellared wines No real auth/provenance available No cross-cellar auth/provenance No real way to track wine health No global player Concentrated geographies * London * Hong KongWine market size $417.85 billion + CAGR = 6.4% Off-trade accounts for 89% in 2020 (shops, etc, not in-store) Europe led at 46% https://www.grandviewresearch.com/industry-analysis/wine-market#:~:text=The wine market size was,USD 685.99 billion by 2028.Wine traders need to know the wine they’re buying is authentic, with good provenance and kept at a good temperature to ensure value & Wine trading houses wanting to offer these services to their customers1. Website 2. Delivery/Cellar buy 3. Wine Trading