Blog: Caution - The Internet may harm your wealth, Thresher's
Olly Wehring | 5 December 2006
If, like us, you’re based in the UK, you may have been forwarded a voucher from off-licence chain Thresher’s last week.
The voucher offers a pretty impressive 40% off all wine and Champagne at the company’s stores. What has been interesting is the way this voucher has slipped out quietly on to the Internet - without any fanfare - and has spread virally over the last seven days.
In fact, the voucher looks to have become so popular that the popular press this weekend has suggested that the company is worried that its profits might take a hammering.
“We sent it out to our suppliers and we included a bit saying feel free to send it to your friends and family,” a spokesperson for Threshers told The Guardian on Saturday (2 December). “That obviously is a fuzzy number but we didn’t suspect it was going to be very much. But it has been huge,” he said. “We are waiting to see what happens.”
Well, I’m sorry, Threshers, but I’m going to call your bluff. I spoke to the company last week, and they said that the 40% offer isn’t that large a step from the buy-two-get-a-third-bottle free offer they have running in their stores. Not only that, but considering the cut-throat competition on the high-street - highlighted by the sad demise of Threshers’ smaller competitor Unwins at the end of last year - it would seem folly on a great scale if Thresher’s was going to paint itself into a corner in this way.
This must surely be a case of no such thing as bad publicity.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Heineken to stay "active player" in beer M&A - CFO
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- Diageo puts Beckham centre stage in Haig Club ad
- Smirnoff Ice gets India launch