OnDemand WTP Pricing Research

Tag: Beverage Pricing

Ibiza, the restaurant that changed wine pricing in Houston, is closing | HoustonChronicle

Ibiza, the restaurant that changed wine pricing in Houston, is closing | HoustonChronicle

Back in 2001, thirtysomethings Charles Clark and Grant Cooper were out-of-the-box-thinking game-changers when they opened their Ibiza Food & Wine Bar. They remain so today, having announced this morning — still some 6½ months before the fact — that they will close the long-popular restaurant south of downtown on Louisiana Street. The final day of […]

Consumers are less willing to pay for organic wine when given more info | Earth.com

Consumers are less willing to pay for organic wine when given more info | Earth.com

From the shampoo we put in our hair to the wine we drink, the ingredients that go into products can seem like an enigma for consumers. That’s why many people will pay top dollar for products labeled “organic” or “made from natural ingredients.” While we may put a lot of faith in a label, a […]

Market frustrated at pricing of Bordeaux 2018 | Harpers Wine & Spirit Trade News

Market frustrated at pricing of Bordeaux 2018 | Harpers Wine & Spirit Trade News

But the vintage has been widely hailed by critics, with James Suckling in particular believing it could prove “an all-time great vintage”. However, the critics have been less uniform in their judgement of specific wines. According to Liv-Ex’s fair value measure, which compares release price with the individual critic’s ratings, over half of the 82 […]

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Right pricing strategy for your wine list is absolutely vital for the long-term success of your restaurant. Getting the pricing strategy right for your wine list is absolutely vital for the long-term success of your restaurant. By now, we’ve all heard stories about Michelin-starred restaurants in cities like New York that almost went out of […]

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

NEW YORK, NY.- Sotheby’s Wine unveiled the full contents of their autumn 2018 auctions in New York. Led by The Macallan 1926 60 Year Old (Sir Peter Blake Label) as well as an historic offering of Rare Domaine de la Romanée-Conti Wines from the Personal Cellar of Robert Drouhin, the series of four auctions this […]

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

High prices for Bordeaux 2017 compared with similar prior vintages, and restrained demand from buyers focusing on a few top labels, is leading to wine stocks backing up at merchants in the French port and a squeeze on margins through the supply chain, according to London-based online wine market Liv-ex. Average 2017 prices for wines […]

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

“We weren’t focused on the next new fad on developing styles,” he said. “We were focused on varietal purity, making the purest expressions of any variety we were involved with and polishing them every year. That focus helped us become known as a very reliable, committed, serious provider of wines at a favorable price for […]

Bottling Fine Wine, With Notes Of Data | PYMNTS.com

Bottling Fine Wine, With Notes Of Data | PYMNTS.com

Giving Traders More Confidence One of the reasons behind traders’ previously low confidence in wine trading marketplaces was a lack of objective, transparent and trackable data on factors like pricing and scarcity, he added. Statistics by any source – including data on certain varietals’ pricing, or how many bottles of a wine were left unconsumed […]

Video: Bill Moses On Starting, Growing, Disrupting and Selling KeVita | BevNET.com

Video: Bill Moses On Starting, Growing, Disrupting and Selling KeVita | BevNET.com

In the years he spent building KeVita into a category leader in sparkling probiotic beverages and kombucha, Bill Moses has seen it all. From humble beginnings to gaining national broadline distribution and securing strategic partnerships to support growth, the co-founder and former CEO has guided KeVita’s evolution as a brand, which culminated last November when […]

Alit is taking the mystery out of wine pricing and making the good stuff cheaper | Quartz

Alit is taking the mystery out of wine pricing and making the good stuff cheaper | Quartz

Alit’s Pinot Noir is still more than double the average price for wine purchased in the US—even if it’s relatively inexpensive for a French oak-aged Pinot from Willamette Valley. But Tarlov is telling customers the investment is directly reflected in the product. “Making people understand that responsible farming and responsible winemaking actually finds itself into […]