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• The Transformational Impact of Industry 4.0 on the Wine Marketing and Wine Sector

  55-64

  Gábor Gyarmati

  Zoltán Szakály

  Views:

  278

  Industry 4.0 - like other industries - is transforming the wine sector. From viticulture to winemaking processes to wine marketing and sales, Industry 4.0 technologies have appeared everywhere and have proven to be effective with numerous best practices. It can be stated that sooner or later every serious market participant will incorporate some of Industry 4.0's solutions into their business strategy - otherwise, they will suffer from a difficult-to-catch and manage competitive disadvantage. This study summarizes the processes and main characteristics of the first three industrial revolutions, then analyzes in more detail the fourth industrial revolution and the concept of Industry 4.0, its events, the development opportunities inherent in Industry 4.0 innovations, and certain social risks as well. Subsequently, using case studies and examples uncovered through literature research, it illustrates the connection points between Industry 4.0 and the wine industry - primarily wine marketing.
  
  JEL Codes: O3, O4, M310, M370, Z310, Z330

• Wine Consumption Habits in Hungary

  3-20

  Beatrix Lenkovics

  Gabriella Soós

  Andrea Lugasi

  Views:

  383

  Wine production and consumption varies widely from country to country, due to the diversity of the world's wine-producing regions and consumer preferences. The wine sector is a global market where wine production and consumption trends are constantly evolving. In recent decades, the world wine market has undergone a complete transformation, and Hungarian wine culture has also undergone significant changes. Every culture of every age has had its own ideas about wine, wine making and wine consumption. The wine sector also faces the challenge of changing consumer preferences. The research aims to understand the wine consumption habits of domestic consumers. The research will explore the aspects of wine choice, where wine is consumed and where wine is purchased. Wine consumption in Hungary is a small part of the daily consumption, The results of the research show that wine consumption in Hungary today is related to income. Improving the income situation increases the frequency of wine consumption. Further results show that wine was purchased in higher amount by people with higher incomes and higher education levels, which is similar to the consumer audience in most countries. The transformation has been generated by the emergence of new viticultural and oenological technologies based on scientific results, the increased demand for quality, the spread of producer sophistication and the emergence of a discerning wine consumer class.
  
  JEL Codes: L83, M31