$Two-Buck Chuck & Traders Joes -- Innovative Marketing

Written by Frank Williams


Continued from page 1

Right afterrepparttar 2001 grape season, Fred realized that his industry was fastly moving into an over supply condition of grapes. Soon it would become less expensive to letrepparttar 120623 grapes rot onrepparttar 120624 vine then to harvest them, and Fred felt this was unacceptable. Always considered a maverick withinrepparttar 120625 wine community, Fred decided to think outsiderepparttar 120626 traditional winemakers' box. Fred's marketing approach is simple and straightforward. He states, "Our strategy is to fish whererepparttar 120627 fish are. I think more people want value in their wine purchase and realize it doesn't have to cost them $10-25 dollars."

Hence his Charles Shaw brand of budget wine was born andrepparttar 120628 stage was set

Fred Franzia met with Dan Bane in early 2002 andrepparttar 120629 Charles Shaw saga began. Dan recognized thatrepparttar 120630 budget wine from Fred Franzia's Bronco winery would bring customers into his store and while there, they would be introduced to his offering. He was confident inrepparttar 120631 quality and pricing of his products and felt this would prompt many to conveniently buy items they would normally purchase at their regular grocery store. This wasrepparttar 120632 catalyst Dan was looking for.

The other force in this success equation is Fred and he clearly understands how to make money. Fred knew that Bonco was in a unique position to take advantage of present market conditions because his winery is one of just two California wineries with a distributor's license. The other is Kendall-Jackson. That means Bronco can dramatically cutrepparttar 120633 middleman costs. Direct delivery to retailers is not something most wineries can do. Bronco delivers a case of Charles Shaw to Trader Joes for a meager $19. Trader Joes decided to sell this same case for $24 or $1.99 a bottle.

With virtually little promotion,repparttar 120634 Charles Shaw brand has becomerepparttar 120635 most successful wine brand ever. Mostly by word-of-mouth it has gained almost mystic status.

People need logic or a believable reason when a major price shift takes place on anything they purchase. Justifyingrepparttar 120636 new price andrepparttar 120637 value ofrepparttar 120638 product must be rationalized.

Almost immediately, rumors began to surface aboutrepparttar 120639 $1.99 bottle of Charles Shaw wine. A few well-publicized stories likerepparttar 120640 tale that this $1.99 bottle of wine beat out a $68 bottle of Chardonnay wine in a blind tasting, although totally unsubstantiated, has given it front-stage billing. Another common rumor forrepparttar 120641 low price suggests that Charles Shaw was a premium wine dumped by American Airlines because of a ban on corkscrews on airlines precipitated byrepparttar 120642 actions of 9/11. Other rumors included that "Two-Buck Chuck" was a financial bailout of a premium wine from United Airlines trying to avoid bankruptcy. None of these are true (some say Fred Franzia floated these rumors, but he denies it), nor is Charles Shaw a fire sale Napa wine from a nasty divorce of Charles Shaw and his wife.

Charles Shaw continues to fly off-the-shelves resulting in handsome dividends to both Bronco winery and Trader Joes. With its Charles Shaw loss-leader marketing approach, Trader Joes has driven many new customers into their stores resulting in double digit growth forrepparttar 120643 firm, with no sign of slowing. And Bronco winery, with its maverick CEO Fred Franzia, cannot keep up withrepparttar 120644 demand. Bronco has already delivered more than 60,000,000 bottles (about $100M in Bronco annual revenue) ofrepparttar 120645 now famous two-buck-chuck.

Innovative, risk-oriented, marketing always trumps linear thinking in any market. How are you infusing innovation into your marketing ideas?



Frank Williams is a marketer and astute businessman. Frank has many post graduate courses in management, leadership, marketing and technology to his credit. He has given many speeches, written numerous articles and introduced new technology. He has significant knowledge in marketing strategies and sales development programs and is the founder and CEO of Global Marketing, Inc. - a leader in business, marketing and sales consulting


7 Barriers To Web Success (and how to overcome them!).

Written by Les Sheppard


Continued from page 1

If you're passionate about your topic, and understand a few business & comunication basics, you can learnrepparttar rest as you go along. Take bite-sized chunks, learn one new priciple or concept a week and you will soon be "an expert" in most people's eyes. Remember, every day that you delay someone else is serving your customers, taking your share ofrepparttar 120622 revenue, building relationships that you could have influenced. Get going.......Just do something!

5. But I don't haverepparttar 120623 right product, service, info etc.

The beauty ofrepparttar 120624 internet is that it is full of opportunities to joint venture. If you have clients that need a particular product or service that you don't currently offer you can go search, find it and cut a deal to supply. You may see a product or service that is ideal for your existing customer base. Again, strike a deal to putrepparttar 120625 supplier in touch them (through you, of course!). If you are eventually successful online, you'll probably be approached with offers of this kind yourself.

My advice...get really good at searching for what you want onrepparttar 120626 web. Go to Google, Yahoo! & Overture and practice using their search tools until you can find anything you need inrepparttar 120627 shortest time. And don't forgetrepparttar 120628 offline world either. There are thousands of companies out there who are not fully net savvy, and haven't developed an online presence for their product range yet . Keep an eye on trade journals, magazines etc for opportunities to bring clients and products together to your business benefit.

6. Just one more...and I'll be there!

The final step......uploading your first web site torepparttar 120629 host server, ready and open for business! But wait a minute...wouldn't it be better if I just added a popup box there, or changedrepparttar 120630 headline over here.

Fact - some ofrepparttar 120631 most effective web sites in online business history have consisted of ONE PAGE only. And some of those one pagers have not even looked attractive! Many ofrepparttar 120632 best marketers onrepparttar 120633 internet haverepparttar 120634 most simple web sites - that carry their information in an easy to understand format, and that's it!

It's your message that's important, having a fantastic website is secondary...by some way. If you've done your homework well, researched your target market, have an offer that solves their most pressing problem (orrepparttar 120635 one they haven't even thought of yet!) you are in business. Getrepparttar 120636 shop open and start marketing!

7. Poor time management

Have you ever sat at your PC screen, withrepparttar 120637 full intention of investing some serious time in getting your ideas offrepparttar 120638 ground, only to fritter away your limited efforts on any of these?

Reading pointless emails.

Surfingrepparttar 120639 web in an aimless fasion.

Checking out speculative ideas from others / competitors.

Spending money on unrelated stuff from catalogue sites.

Or...........do you just give up, and return to watcingrepparttar 120640 TV instead?

If you make any cursory study of time management techniques you will find most ofrepparttar 120641 above listed as time stealers. As already said, you may well find that your budding business empire has to compete with family, day-job and other commitments makingrepparttar 120642 10, 15 or 20 hours a week you can commit to business building critically important. I can tell you that many people I have consulted with never overcome this barrier, and don't takerepparttar 120643 necessary action to produce results. A further study of time management would reveal thatrepparttar 120644 following are regarded at "high leverage" activities (ie: for a small initial commitment they pay back handsomely!):

Setting up / monitoring systems.

Learning a new skill, to be applied inrepparttar 120645 short-term.

Reading / studying relevent business material.

Meeting colleagues, suppliers, mentors, customers.

Attending seminars, coaching sessions, conferences with like minded people.

You simply must focus your efforts. Tell yourself "If I've got 2 hours / $10 to spend on my budding business, what will give merepparttar 120646 biggest bang". Structure your time so that you are uninterrupted when you're online. Choose a (preferably one) good mentor and start to build relationships with like minded people, surrounding yourself with success, andrepparttar 120647 good habits will rub off.

If you want more help with pushing down "The Barriers to Net Success" you can find common sense advice from Les Sheppard at www.netblueprint101.com

http://www.netblueprint101.com/

Les Sheppard is a 20 year veteran of offline business brand building, in the retail and leisure industries, who brought his experience to internet marketing in 2001. Through the pages of www.netblueprint101.com, and the bi-weekly newsletter "Blueprint", Les will help you to get your ideas online - building your own business "Super Brand" from scratch. Using up to the minute, and extensively researched, products and methods you can get started now


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