Selling a bottle directly can put more of its selling price into the winery's hands. It also puts more work there. Someone must attract the custom
Continue ReadingSelling Wine to Restaurants and Bars: The Economics of the On-Trade
A restaurant doesn't buy a wine simply because it tastes good. The bottle also has to fit the food, guests, price structure, service and storage.
Continue ReadingWine Retail Explained: Supermarkets, Discounters, Specialists, Online Sales, and Monopolies
A bottle bought with the weekly groceries solves a different problem from a bottle chosen after a long conversation with a merchant. Neither trans
Continue ReadingWine Transportation and Distribution Explained: Bulk Shipping, Importers, Brokers, and Logistics
A container arriving on time is a logistical success. It isn't necessarily a commercial one. If the wine sits in a warehouse without reaching buye
Continue ReadingWine Business Models Explained: Estates, Growers, Merchants, Co-operatives, and Conglomerates
The name on a bottle doesn't tell you who owned the vineyard, who operated the press or who paid to hold the wine before sale. One business may do
Continue ReadingWine Taxes, Tariffs, Exchange Rates, and International Trade Explained
A wine can become more expensive abroad without its producer changing the price. A tariff may rise, the buyer's currency may weaken, or a new labe
Continue ReadingWine Pricing Explained: Cost Structures, Premiumization, and Retail Markups
Buy a bottle for 10 and sell it for 15. The difference is 5, but what percentage have you made? The answer depends on the question. The markup is
Continue ReadingThe Economics of Winemaking: Winery Investment, Maturation, Packaging, and Margins
A winery can have a beautiful barrel room and a rather ugly cash-flow forecast. The two are perfectly compatible. Equipment, wine and packaging al
Continue ReadingThe Economics of Grape Growing: Vineyard Land, Labor, Yields, and Production Costs
A vineyard can sell its entire crop and still fail to cover its full cost. The harvest cheque must support more than that season's spraying and pi
Continue ReadingWine Supply and Demand Explained: Production, Consumer Behavior, and Market Prices
A small harvest does not guarantee higher wine prices. Buyers may be ordering less, warehouses may already be full, or the shortage may concern a
Continue Reading




