Adult Beverage Industry Trend Analysis

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Perfection Marketing Research, Inc. Jacob Lewis William Campbell Jason Webb

description

A thorough trend analysis of the Adult Beverage Industy. Presentation was for a Marketing class and composed for Dr. Robert Everton of North Carolina Wesleyan College.

Transcript of Adult Beverage Industry Trend Analysis

Page 1: Adult Beverage Industry Trend Analysis

Perfection Marketing Research, Inc.

Jacob Lewis

William Campbell

Jason Webb

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Perfection Marketing Research, Inc.

We specialize in attaining and formulating data into marketing reports and making them available to companies or persons of interest.

Our reports are made available at a cost.

Consultation and application of data with clientele.

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Adult Beverage Marketing Research

Our main objective is to analyze the adult beverage industry to understand what may drive people to consume a specific type of beverage. Base information off primary and secondary

research methods.

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Quick Facts

July 2007 poll – 64% confess to regular drinking

Three players Beer Wine Liquor or Spirits

91.6 billion dollar industry

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Objectives Outlined

Research secondary information Analyze charts and graphs

Demographic Trends Sales Trends Alcohol consumption Beverage preferences

Locate target market Demographic Race/Gender

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Methods of Secondary Research

Telephone Interviews Polls Surveys Interviews Internet based Observation

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Realization of Drinking

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Age & Gender Demographics

20-24 25-44 45-64 65+ Male/Female

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Population Age Trends 20-24 1960-2006

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5,000

10,000

15,000

20,000

25,000

1960

1964

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Years

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Population Age Trends 25-44 1960-2006

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20,000

40,000

60,000

80,000

100,000

1960

1964

1968

1972

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1980

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1996

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2004

Years

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Population Age Trends 44-64 1960-2006

0

20,000

40,000

60,000

80,000

Years

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Population Age Trends 65+ 1960-2006

05,000

10,00015,00020,00025,00030,00035,00040,000

Years

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Male and Female population trends 1980-2006

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006

Years

Male Female

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Three Legged Race

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Trends in Alcohol Industry

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Trends cont.

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Trends cont.

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Trends cont.

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Trends cont.

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Summary of Demographics and Trends

Male, female, younger, and older drinkers have different beverage preferences in regards to beer vs. wine. Beer

Male Drinkers Younger Drinkers

Wine Female Drinkers Older Drinkers

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Recommendations

Beer Industry Continue appealing to younger age groups and men Potential for growth in women (change marketing

technique or form) Low-cal beers Fruity beers

Reach out to the older age groups Low-cal More coupons

Advertise towards a broader target market

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Recommendations

Wine and Spirits More generic base/low cost wines to appeal to

younger age groups. Advertise for younger groups and men Continue appealing to women and older groups Push more in retail and distribution Brown Liquors appeal to men and Clear liquors

appeal to women

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Recommendations

Survey methods Taste test at bars Market experimentation (pilot studies) Re-survey

Yearly income Race Larger Sample Groups

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Conclusion

Beer is the leading alcoholic beverage Demographics and gender play an important

role in beverage taste Opportunities in the beer and wine industry Advertising could swing the consumer

thought

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Examples of Advertisements

Bud Light "Men Invinted Everything“ Miller Lite "Overflow“ Captain Morgan Bacardi Rosemount Wine