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Marketing
                                                                                       Around The Vineyard


                 In other words, focusing on delivering a great     ber walking away.
               experience that puts the consumer in charge of
               what they order and keeps them coming back for         Rather than thinking about the subscription levels
               more by including gifts, exclusive content, and      from your product line-up perspective, structure
               other surprises.                                     the levels from the consumer’s perspective – I want
                                                                    you to curate this for me, I want the option to add
                 Attracting New Subscribers and Keeping Them        from a defined list, I want to make all the choices
                                                                    for myself. This will help reduce the number of lev-
                                                                    els and increase conversion.

                                                                                      Looking Ahead
                                                                             “The measure of intelligence is the
                                                                                     ability to change”
                                                                                      -Albert Einstein

                                                                      There’s never been a greater time than now to
                                                                    be open to evolving our business models.  Changes
                                                                    in demographics and consumer trends have been
                                                                    coming for years and wineries who aren’t willing
                                                                    to look at adapting their Wine Club programs leave
                 Wineries traditionally relied on converting their   themselves open to becoming less relevant with
               tasting room visitors to club members. However,      consumers as the attitudes and behaviors continue
               attracting members who will never visit your tast-   to evolve.
               ing room is an increasingly important consideration
               in any conversation around future revenue growth.    Gaynor Strachan Chun is the Director of Strategy
               We all know a subscription model is good for busi-   at WineGlass Marketing, a full-service direct
               ness – it delivers increased and predictable reve-   marketing firm working within the wine industry
               nue, contributes to savings in customer acquisition   in Napa, California. www.wineglassmarketing.com
               spending, increases loyalty and lifetime value, and
               can reduce operational costs due to predictable
               demand. Therefore, understanding the triggers that
               cause a potential subscriber to sign-up and those
               that cause them to cancel is a critical component
               when evolving your current club model to a sub-
               scribe for curation model.

                 The initiation triggers point to consumers’ desire
               to discover new things and especially, new things
               someone else recommends. A strong social media
               presence and refer a friend incentives are key to
               this discovery process. Cancellation triggers hinge
               on the experience – either the overall experience
               or the perceived value for money vis-à-vis the
               experience. Given the need to elongate subscrip-
               tion lifetime values, every step of the experience
               offered needs to be executed at the highest level.
               Consumers not only expect it, but they also know
               what a great experience feels like. After all, the
               average consumer now has somewhere between 3
               and 10 subscriptions (excluding media and enter-
               tainment.

                                  Less is More
                 There is a reason most companies only offer 3 lev-
               els of subscription. Our brains think in threes. More
               choices are not better. They can cause confusion,
               delay the decision, or result in the potential mem-
               877-892-5332                    The Grapevine • January - February 2022                          Page 43





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