A Comparative Study of Demand for Local and Foreign Wines in Bulgaria
A Comparative Study of Demand for Local and Foreign Wines in Bulgaria
Author(s): Georgi Marinov, Petyo BoshnakovSubject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Demand for wines; Semantic differential; Bulgarian wines
Summary/Abstract: We use a semantic differential based instrument to assess the main factors in demand attitudes of Bulgarian customers. We aim to find out whether specific marketing techniques could alter the demand for such a traditional product as the wine in Bulgaria. Given the fact that the Bulgarian customer only recently received the possibility to know them, we find that foreign wines are evaluated mainly with a prejudice of past knowledge, not linked to the actual product. We discover a rigidity in such prejudice and adhering to "standard" definitions of "prestige" and quality of wines. Most likely demanded in Bulgaria will continue to be mainly Bulgarian wines.
Journal: Cross-Cultural Management Journal
- Issue Year: XV/2013
- Issue No: 02 (28)
- Page Range: 5-10
- Page Count: 6
- Language: English