Diverse Portfolio Strength Terlato Wines boasts a global portfolio of over 80 brands from world-class producers, garnering numerous 90+ ratings. With a strong reputation and extensive product range, there are ample opportunities for cross-selling and upselling to cater to diverse customer preferences.
Talent Expansion Opportunities The recent hiring and promotions within the Terlato Wine Group, such as appointing new winemakers, vice presidents, and marketing executives, indicate a growing team and evolving business focus. This presents potential sales opportunities to engage with new decision-makers and explore partnerships with fresh perspectives.
Tech-Driven Engagement Terlato's utilization of various tech tools like Salesforce Desk, Google Tag Manager, and jQuery demonstrates a commitment to digital engagement and customer relationship management. Leveraging these technologies can lead to enhanced customer interactions, targeted marketing, and streamlined sales processes.
Reputation for Legacy and Innovation The launch of the Terlato Legacy Program and the promotion of key personnel like Tony Terlato Jr. to Chief of Staff highlight the company's blend of tradition and innovation. Emphasizing this heritage can create sales opportunities by appealing to customers seeking a balance of legacy brands and cutting-edge offerings.
Strong Market Positioning Terlato Wine Group's revenue range of $50M - 100M and its peer group of similar-sized companies like Accolade Wines and Ste. Michelle Wine Estates indicate a strong market presence. Leveraging this financial stability and competitive positioning can open doors to strategic partnerships and increased sales growth in the industry.