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Revenue Management Strategies For Long-Term Survival Of Small-Farm Wineries, Marie Kulesza
Revenue Management Strategies For Long-Term Survival Of Small-Farm Wineries, Marie Kulesza
Walden Dissertations and Doctoral Studies
Some owners of small-farm wineries have moved to direct and alternative revenue management strategies to generate revenue and create brand awareness because of increased competition and regulatory changes. Research has revealed that owners of small-farm wineries remain financially reliant on direct-to-consumer sales through tasting rooms that represent an estimated 70% of their total revenue generated. This qualitative multiple case study was an exploration of how revenue management decisions of small-farm winery owners may contribute to long-term survival in a regulated industry. Dynamic capabilities concept was the conceptual framework for this study. The study population consisted of 3 small-farm winery owners …