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Yuengling
Looks to Expanding Markets
With
a 400 percent growth in the last eight years, D.G. Yuengling
and Son would seem to be using a powerful marketing strategy.
Although according to Vice President David A. Casinelli,
that's simply not true.
The
sales staff now faces a challenge with the start of the
new brewery. Plans are set to expand Yuengling markets beyond
the tri-state core which it now occupies.
Their
competition will be the top four: Anheuser-Busch, Coors,
Miller, and Stroh's. These nationwide brewers hold 90 percent
of the market.
Yuengling
attributes their success largely to the rise of micro and
craft brewed beers of the early 90's. This nationwide trend
is largely reflected in the sophisticated taste of older
consumers. Quality over quantity is now an issue for this
population. This is an unwelcome trend for the larger breweries
who have faced the pinnacle in their growth. Smaller breweries
like Yuengling, however, are now enjoying some of their
best years yet. This new market shift is expected to continue
well into 2010.
While
most breweries experience growth through expanding their
market, Yuengling has been forced into growth by demand.
The brewery's present capacity has been met which has coerced
Yuengling into withdrawing from the New England, New York,
Maryland, Washington, D.C., North Carolina and Virginia
areas.
Because
of their plans to extend their products from the core market,
Yuengling recognizes that distribution and marketing factors
will be incremental in their success.
This
new approach to marketing is a key to the future success
for Yuengling. This is increasingly evident today in the
90's. The wholesaler netork is consequential in development.
Richard
L. Yuengling Jr. comments on this stating, "Without
the proper network, you go nowhere. It's the key to success
in the beer business."
While
plans of expansion are on the horizon, Yuengling recognizes
that it must not forget its loyal, local customer base.
Casinelli states, "We're working to keep a solid base.
As long as we have that, we can always expand."
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