Success Case Study: Gik Live Blue Wine
Success Case Study: Gik Live Blue Wine is part of Canadean's Successes and Failures research. It examines the details of and reasons behind the success of Gik-branded blue wine. It delivers the critical what?, why?, and so what? analysis to teach you crucial lessons that increase your chances of launching successful products.
The Spanish wine industry has been in decline since at least 2010. This situation is motivated by several factors: the micro-segmentation of the sector, wine producers acting independently rather than presenting a united front, and a shift in Spanish consumers' drinking habits towards lower-alcohol beverages such as beer. This has caused a decrease in wine consumption, and the forecasts are not very optimistic, as the wine market has a CAGR of -0.4% expected for the period 2015-20. This situation obliges wine producers to adopt new approaches and innovate if they want to attract new types of consumer, such as younger adults, to invigorate the category.
Gik Live blue wine offers a completely new approach to wine -
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