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Mix your wine with social media

November 19, 2009 Leave a comment

I spotted an article in the FT a couple of  days ago about the success Majestic Wine have been having in the UK. You can read  the article here and here. This is coming at  a time when First Quench, owners of  Threshers, a former leader in the UK booze  market have gone into administration .

No doubt, the fact that all the major  supermarkets are now stocking the full  range of alcohol has been the main driver in  First Quench’s downfall, but it was  interesting to  hear Steve Lewis (CEO at  Majestic)  champion social media as the key  driver to  their 24.6% increase in online sales.

“We’ve unleashed the potential of the twenty-somethings in our business, improving the blog written by staff and selling parcels of wine which are too small to send to stores as online exclusives to create a sense of urgency. They sell out within hours.”

We all know the success story that is Gary Vaynerchuk and how he took his family owned wine business from (a pretty healthy) $5m per year operation to a $50m beast and in the process made himself a star of the social media world.

So, I think we can assume that social media and wine mix very well!