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Major Trends for the Alcoholic Beverage Industry In 2019
The global alcohol industry is undoubtedly one of the largest. Millennial drinkers who are coming of age are set to be a key driver of global trends in the industry. Beer players are keeping up with changing trends by constantly revamping their products and services. With this in mind, let’s explore some of the profound alcohol trends you can expect this year.
Online marketplaces
More alcoholic suppliers are utilizing liquor delivery platforms to tap into the immense online marketplaces. Increased online consumer base has created the need for alcoholic beverages that appeal to more consumers. Online alcohol sales have been fuelled by increased geographical reach and brand positioning. In Malaysia, there is an upsurge of demand for online liquor shop in areas such as Klang Valley and its surrounding environment.
Health trend
This is becoming an increasingly profound trend in the alcohol industry. Pursuit of a healthy lifestyle and mindful drinking by consumers has created the need for more quality products. Also, there is an increased demand for natural wines. More and more liquor manufacturers are considering using more natural botanical ingredients, especially when making spirits.
Drink less, drink better
There has been more focus on consumers to drink less but drink better. Consequently, many global brands have concentrated on the quality of different types of liquor, as opposed to the quantity consumed. Increased demand for premium liquor brands is projected in Malaysia during the next decade.
More and more consumers are willing to spend more on higher-quality drinks. In this regards, brands that provide increased product value are likely to achieve a competitive edge.
More educated consumer base
A lot of online information is available to help consumers make more informed decisions. Beer makers have invested in well-designed websites that provide crucial information such as a list of ingredients, the full nutrition declaration, and further details regarding the production process.
Consumers are educating themselves in terms of recipes, ingredient information, and mixology tutorials. Brands can add more value to these meaningful conversations by providing more useful information. Beer players have an opportunity to use consumer insight to achieve better products and a more enhanced marketing strategy.
In today’s ever-changing alcohol industry, consumers desire more personal and meaningful relationships with brands. When it comes to alcohol delivery platforms, there is a need for websites that promote responsible drinking.
Customer engagement
Internet shopping for alcoholic beverages has enhanced customer engagement. Through the latest digital marketing techniques, brands have managed to effectively adapt to consumption patterns. A growing number of new generation consumers is available in the market today. Consequently, there is a need for beer players to engage their target consumers in a more authentic and responsible way.
Through digital channels, marketers can identify the specific traits of new customers, and subsequently create products and experiences that resonate with them. Beer brands are curating content that is more tailored to particular tastes and preferences of customers.
If you are looking for an online liquor shop in Malaysia, be sure to check SoTipsy.com for best quality products at discounted prices.