Is Repackaging Wine into Small Glasses of 250ml Will Be a Viable Assignment - 1

Is Repackaging Wine into Small chicken feedes of 250ml depart Be a Viable Business Venture - Assignment ExampleThis paper illustrates that Wine De Glass will take classic wines known around the globe but will be rebranded in a bottle but a glass. It will seek liberty from known wine manufacturers who sell delicious and healthy wines in U.K and other countries like the USA. The wines will be sold in eyeglasses of 250ml in major retail outlets around the UK, and later the company will seek to globalize the product. outgrowth of this concept was because a bottle of wine is sometimes too expensive, and the cheapest bottle of wine that is of the gold ensample can cost 10. It not only makes wines more available to the consumer, but it will give the customers an prospect to taste different types of wine. Market segmentation is crucial since it will target a specific convocation of a customer such as tourists that are likely to enhance profit maximization from cut operating cost. T he first two years of operation, this venture will target retail outlet, restaurants and major wines vendors. At first, the restaurants will be given the utmost priority because nation love to take wines during dinner or major meals. The target market is described as those people who could not afford a situation bottle of wine, and now they will have an opportunity to test the wine since it will be jam-packed in small quantity. This product will enter the market as a franchise. A franchise is an agreement or license between two legally independent people. A group of people or person (franchisee) the right to market a service or product using the cover name and trademark of another enterprise (franchisor). Hence, the wines that are sold will be legit and known by their brand name. The wines will be ready to drink in a glass and can be carried anywhere, the need for corkscrew will not be required anymore, the customer has to open quickly and bear it. The freshness of the wine will not be lost as the glass is made to eminent standards while the cover is fit tightly to trap pressure and air.