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According to our results “Price” was the only variable which presented significance in the regressions conducted, where consumers’ preferences for OWW was the dependent variable. In addition, the same results were found in the one-way ANOVA conducted using OWW as “Dependant List” and wine consumers’ knowledge and influential variables as factors. This demonstrated the UK wine market as price sensitive for consumers who prefer wines from Old World countries.
Although we cannot confirm our hypotheses, we can say that regarding consumers’ perception, the concept of premium wines was significant for consumers who prefer wines either from the New World or Old World. This confirmed that there is a strong concept of high quality products when it is related to the “Country of Origin” preferences. In terms of influential factors at the time of selecting wine, “Region of Origin” and “Grape Variety” are significant for both groups of consumers (NWW and OWW preferences) and especially important when the “Level of Wine Consumers’ Knowledge” increase from low to medium to high.
Our results can play an important role in an international marketing strategy in terms of consumers’ preferences and perception (high quality, value for money, well-known brands and reputable wine producers) of wines.