Sula Wines
Sula Wines
Sula Wines
INTRODUCTION : CONTINUED
Sula has expanded from the original 30 acre to 1,800 acres in vineyards. Sula is aiming to sell 7.5 million bottles across its own 25-odd brands, this fiscal. Wide national distribution network Sula also exports its wines internationally Revenues of Rs. 140 crore in FY 2012 For FY 2013, the company is targeting revenues of Rs. 200 crore.
VARIETY
Varietals planted include Cabernet Sauvignon, Shiraz, Zinfandel and Merlot. Chenin Blanc, Sauvignon Blanc, Viognier and Riesling. Red wine Cabernet Shiraz and white wines Chenin Blanc and Sauvignon Blanc are among its bestselling brands.
PRODUCT
Wine is primarily dependent on the grape quality Different regions around the world have different tastes SULA vineyards grows may varieties of grapes. It started of with French Sauvignon Blanc and Californian Chenin Blanc
PRICE
SULA has wines in the affordable segment Their first wine was priced at 450 in the year 2000 During recession they introduced cheaper wines at Rs. 200 per bottle The most expensive wine is Sula Rasa Shiraz Red Wine at Rs 1400 per bottle
PROMOTION
Below the line marketing strategies E-Tuesday Tasting Rooms SULA Fest 5 star Restaurants like Taj Own chain of Italian restaurants Wine Tourism Point of Sale Promotion by high retailer margin
PLACE
80 Distribution points as wine storage is crucial 170 sales executives pushing sales across the country Wide Distributor network to take it to almost every state in India
INTERNATIONAL PRESENCE
Belgium
Kenya Nepal Bhutan Sri Lanka Canada Sweden Finland Switzerlan Germany d Italy UAE Japan UK USA
EPRG Model
Ethnocentric Organization Helps in targeting the right audience Wants to create a distinct identity for Indian wines globally Also helpful in the first stage of interntional promotion
International Distribution
Presence of International Distributors in 15 countries Partnerships with online wine providers throughout the world
The Wine Web New York Wine Excchange Novum Wines
Wines are popular only in metropolitan and Class I cities. Wines are primarily consumed by above average income groups even though it is not expensive
POSITIONING
Good Quality Product Low on Cost Domestic product
Since people these days are hooked to the Indian brand idea