WINE 7001 - Marketing in Wine Business
North Terrace Campus - Trimester 1 - 2024
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General Course Information
Course Details
Course Code WINE 7001 Course Marketing in Wine Business Coordinating Unit Marketing Term Trimester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Incompatible MARKETNG 7104 (This incompatibility applies to PG Wine Business students ONLY) Assessment Assignments/tests/group work/participation as prescribed at first Lecture. Course Staff
Course Coordinator: Lawrence Lockshin
Location: Room 10.51, 10 Pulteney Street
Telephone: 08 8313 4494 (email is best)
email: david.jaud@adelaide.edu.au
Course Website: www.myuni.adelaide.edu.au
If you would like to see me, please email me to make an appointment.Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
1 Evaluate marketing concepts and critique their application in the wine business 2 Use appropriate marketing frameworks to analyse the performance and current situation of winery businesses to assist in making decisions related to marketing. 3 Examine marketing practices to formulate strategic recommendations to improve a wine business' performance 4 Evaluate information related to a wine business' performance critically to synthesise new knowledge to guide marketing decisions 5 Critique marketing strategies and communicate issues and problems using relevant theories, concepts and methods University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
1,2,4 Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
2,3,4 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
4 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
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Learning Resources
Required Resources
Students have access to library and electronic databases and use of these and other sources of legitimate information, such as industry journals and other publications are recommended when appropriate.
Suggested reference Text:
Goodman, S 2012, Principles of wine marketing , 1st ed., Winetitles, Broadview, S. Aust. :Online Learning
Below are also some electronic references that you may find useful:
http://wbmonline.com.au/news/
http://www.decanter.com/news/wine-news
http://www.northbaybusinessjournal.com/category/wine-industry/
http://www.thedrinksbusiness.com/tag/wine/
http://www.wine-searcher.com/dept/wine+news
http://www.winebusiness.com/news/
https://business.adelaide.edu.au/news/list/2020/08/05/the-business-of-wine
https://winetitles.com.au/daily-wine-news/
https://www.wine-business-international.com/ -
Learning & Teaching Activities
Learning & Teaching Modes
The course incorporates readings, seminars, in-class exercises and real life case studies. The assessment is a laddered project incorpating key conepts from the course. All students are encouraged to actively participate in all activities and assessments. There will also be ample opportunity for self-directed learning.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
It is expected that all students will attend all seminars and engage in self-directed study and inquiry. This will include discussions in class regarding the individual project and class presentations. The University expects full-time students to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.Learning Activities Summary
Schedule Week 1 Course introduction and what is marketing and what do marketers do? Week 2 Consumer and business buying behaviour Week 3 Market research Week 4 The marketing environment Week 5 Segmentation and targeting Week 6 Branding and product management Week 7 Physical availability: retailing and shopping Week 8 Pricing Week 9 Media and communications Week 10 Developing a marketing plan Week 11 Ethics and social responsibility Week 12 Group presentations and course summary -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Task Type
(Formative/Summative)Weighting Learning Outcome(s) 1. How key environmental trends affect your product, product positioning, and target market 10% 2. Packaging, physical availability, and pricing 15% 3. Class participation 10% 4. Oral presentation 25% 5. Final marketing plan 40% Assessment Related Requirements
REQUIREMENTS
Each assessment must be attempted, and an overall grade of at least 50% must be achieved to pass the course overall.Assessment Detail
Overall
The assessments for this course are linked together. Each student will develop and launch a new wine or non-alcoholic beverage, which could be sold in a wine store. Students are encouraged to discuss their choice of winery with the lecturer before submitting the assignment.
Assessment 1: 1000 words max
How key environmental trends affect your product, product positioning and target market.
You will choose your product by week two and begin to consider how the material we cover in class can be applied to your specific product. First, answer the following about your product:
• Name of product/ brand
• Description of product – what is it made from? Where were the grapes or main ingredients grown? What is special or unique about the product?
• In general, will this be a large volume product from a major company or a small, niche product from a small producer?
Discuss the key trends in the environment that are likely to affect the marketing of your product. Which trends are most important? Least important? Why?
Discuss how you will use the positive trends to help your marketing and how you will ameliorate or avoid the negative trends that may inhibit your marketing.
Positioning
Discussion of the way the product is perceived in the market compared to other products in the market? Focus on the attributes that are likely to make this product preferred to others.
Target market
Describe the target market for the product. How big is it? where are they located? how and where do they shop? Why is your product likely to be attractive to this target market?
Assessment 2: 1000 words max
Packaging, Physical Availability, and Pricing
Discuss how the product will be packaged. No need to draw the packaging, but describe it as best you can and relate the packaging to the product’s positioning and to the target market.
Describe the route to market for the product. How will the product get to the consumer? Provide more detail than for example, we will sell the product directly online. Discuss why this route to market fits with the positioning and target market and buying behaviour of the target.
What is the price point of the product? How does this price fit the positioning, the target market and the route to market? Discuss any pricing tactics, such as discounting or bundling, that you might use to gain acceptance in the market? How might these pricing tactics affect your positioning? Are there plans to adjust the price over time?
Assessment 3: Class participation - 5 weeks, 2 points each week (10% total)
Week 5
This week's topic is target market and segmentation. Comment in class or discussion group about your product’s target market; respond to other students' comments.
Week 6
This week's topic is branding. Comment on the brand positioning and packaging; respond to other students' comments.
Week 7
This week's topic is physical availability. Comment on the route to market for your product; how will you make the new product available to buyers? Respond to other students' comments.
Week 8
This week's topic is pricing. Comment on the pricing for your new product and any pricing tactics you are considering; respond to other students' comments.
Outcome.
Week 9
This weeks' topic is communication and promotion. Comment on the communication plan to launch your new product; respond to other students' comments.
Assessment 4: 12-minute oral presentation
The marketing plan should include the following, but these can be updated and improved from the original assessments submitted. The oral presentation cannot cover the detail within each of these points, but you need to mention them and then focus on the new material for the plan, not on the material submitted in previous assignments. This means focus more on the communication and product launch aspects.
• Name, positioning, and target market of the product.
• Describe the packaging, pricing, and channel strategy and how these fit the positioning and target market.
• Launch and first year selling plan- based on the logic and fit of the plan for selling in the first year based on the positioning, target market, and route to market. Depending on the channels chosen, it should include incentive plans for the trade (if used) and consumers to trial and stock the product.
• Provide a communications strategy for the launch and first year of this new product. Make sure these fit with the positioning and sales channels as well as the likely budget the winery could afford.
• How well does the plan provide mechanisms for judging the success of the new product? Is the timeline for making the judgement reasonable? Is there a reasonable back-up plan if sales do not go to plan?
Assessment 5: 2000 words max
The written report will have more detail than the oral presentation, but again, the focus should be on new material and the reasoning for decisions while updating any issues from the previous assignments.
The marketing plan should include the following, but these can be updated and improved from the original assessments submitted:
• Name, positioning, and target market of the product.
• Describe the packaging, pricing, and channel strategy and how these fit the positioning and target market.
• Launch and first year selling plan- based on the logic and fit of the plan for selling in the first year based on the positioning, target market, and route to market. Depending on the channels chosen, it should include incentive plans for the trade (if used) and consumers to trial and stock the product.
• Provide a communications strategy for the launch and first year of this new product. Make sure these fit with the positioning and sales channels as well as the likely budget the winery could afford.
• How well does the plan provide mechanisms for judging the success of the new product? Is the timeline for making the judgement reasonable? Is there a reasonable back-up plan if sales do not go to plan?Submission
Please refer to the course MyUni website for details on submission dates and times
Late Assignment Submission
Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the course coordinator before the due date. Each request will be assessed on its merits. A late assignment (without prior arrangement) will be penalised by a 5% mark reduction for each day it is late.
Return of Assessment
The critique will be marked and returned to students with appropriate feedback within 10 days of submissionCourse Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.
The ³ÉÈË´óƬ is committed to regular reviews of the courses and programs it offers to students. The ³ÉÈË´óƬ therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.