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INCREASING DOMESTIC CONSUMPTION OF SOUTH AFRICAN WINES: IDENTIFYING THE KEY MARKET SEGMENTS OF THE “BLACK DIAMONDS” AgEcon
Ndanga, Leah Z.B.; Louw, Andre; van Rooyen, Johan.
Although South Africans are not predominantly wine drinkers, the industry is looking for ways to develop the local market to balance exports. The black middle class, increasingly referred to as the Black Diamonds are the most powerful marketing trend in the last 10 years as they have emerged as the strongest buying influence in the economy and making inroads in understanding this market presents a good opportunity. The study asserts that the key factors influencing the South African consumers’ behavior are age, gender, income, race and wine drinking history. The study also asserts that not only are the black middle class are different from the white middle class but within the Black Diamonds different segments exist. The industry should particularly focus...
Tipo: Working or Discussion Paper Palavras-chave: Black Diamonds; Wine consumer behavior; Alcoholic beverages; Agribusiness; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/53884
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