Jacobs Creek in United Kingdom Essay Example | Topics and Well Written Essays - 500 words

Jacobs Creek in United Kingdom - Essay ExampleSince 1973, the company has accumulated around 5000 awards that include 110 trophies and 670 gold medals2. Jacob Creek is hotshot the Australias most famous wine distributor. The company has continued to innovate in a variety of ways. It recently introduced screw caps instead of the corks on its Riesling variety. The prime(a) price ratio of the products from Jacobs Creek is excellent as the basic wines cost just 4.6.The only major weakness that Jacobs Creek reflects is that it is non an elitist brand and it has no snob value3. The brand is approachable by everybody because of its lower cost as compared to other leading premium wine producers. A someone having a bottle of Jacobs Creek is considered no outclass in contrast to a person holding a bottle of Absolut in his hand.The wine market of UK is one of the worlds largest and the most dynamic market for imported wines. Wine share of all told the alcoholic beverages in the UK account s for 30%. The market is valued to 7 to 9 billion by the Wine Intelligence4. There are 45 million adults in the UK of which 31 million are wine drinkers, therefore all the statistics are in favor of Jacobs Creek brand. The population structure is changing rapidly in the UK as more and more people mollycoddle the 65 years mark the younger population group is falling day by day. The average life expectancy in the UK has increased to 82 from 78.55 which means that the wine consumers are on the rise. This is evident from the survey by Wine Intelligence Ltd that most of the wine consumers are above the age of 65.The dispersal cost is less in the UK as compared to Australia but it is a difficult task. UK is bigger is size than Australia in terms of developed areas. Wine consumers are dispense from the downtowns to suburbs in the UK which requires wine companies to develop a strong distribution system in order to maintain presence everywhere in the country. The warehouse be are much hi gher