New Marketing Tendencies in the Romanian Wine Industry

In the last decade or so, the Romanian wine industry has changed and developed greatly, by the increase of wine producers, especially the niche producers, alongside the traditional, big, producers. The paper aims to understand the new tendencies in the field of marketing, that occur on the wine indu...

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Bibliographic Details
Published in:Studies in business and economics (Romania) 2020-04, Vol.15 (1), p.31-39
Main Author: Mircea, Fuciu
Format: Article
Language:English
Subjects:
consumers
marketing
technology
trends
wine industry
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Summary:In the last decade or so, the Romanian wine industry has changed and developed greatly, by the increase of wine producers, especially the niche producers, alongside the traditional, big, producers. The paper aims to understand the new tendencies in the field of marketing, that occur on the wine industry of Romania, as well as the changes that take place in the minds and lives of the consumers in the context of the online world, combined with new trends and technologies that can be used by the consumers. Secondly, the paper represents a secondary data analysis of the International and Romanian Wine Industry, in terms of production and consumption, we also presented a short profile of the Romanian wine consumer, as a result of a survey developed by wine industry organisation. The paper shows some new trends of the wine industry, underlined by the specialists, as well as technologies and methods of marketing interaction with the consumers used by the Romanian producers of this product.
ISSN:2344-5416
2344-5416
DOI:10.2478/sbe-2020-0004