COGNAC consumption: A comparative study on American and Chinese consumers

Q1 Economics, Econometrics and Finance
Lingfang Song , Yujie Wei , Blaise J. Bergiel
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引用次数: 8

Abstract

Being a French traditional prestigious spirit, cognac has a strong export orientation, with a majority of the product being consumed internationally. The United States is the largest market in volume and China the largest in value. This paper aims to study consumer behaviors of the two countries in terms of their preferences, motivations, and consumption patterns towards cognac. By studying 248 valid responses from the United States and 256 valid responses from China, our study reveals significant differences between the two groups. The study allows a better understanding of the markets. It provides useful insights in the development of market potentials, designing marketing communications, and adaptation of product features relating to cognac. It may also stimulate reflections for wine and other spirit companies for their business in the two markets.

干邑消费:中美消费者的比较研究
干邑作为法国传统名酒,具有很强的出口导向,大部分产品在国际上消费。美国是销量最大的市场,中国是价值最大的市场。本文旨在研究两国消费者对干邑的偏好、动机和消费模式。通过对248份来自美国的有效问卷和256份来自中国的有效问卷进行研究,我们发现两组之间存在显著差异。这项研究有助于更好地了解市场。它提供了有用的见解,在市场潜力的发展,设计营销沟通,并适应有关干邑的产品特点。这也可能激发葡萄酒和其他烈酒公司对在这两个市场开展业务的思考。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Wine Economics and Policy
Wine Economics and Policy Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
2.20
自引率
0.00%
发文量
0
审稿时长
28 weeks
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