OnDemand WTP Pricing Research

Tag: Wine Pricing

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 […]

Alcohol minimum pricing rules to be fast-tracked by Cabinet | The Irish Times

Alcohol minimum pricing rules to be fast-tracked by Cabinet | The Irish Times

The Government is set to fast-track new laws to clamp down on cheap alcohol sales in off-licences and supermarkets, with the Cabinet expected to approve plans within the next two weeks. The Sunday Independent also reports that controversial minimum unit pricing rules for wine, beer, and spirits will come into effect within 12 months, meaning […]

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 […]

Wales delays minimum unit pricing until 2020 | Drinks Retailing News

Wales delays minimum unit pricing until 2020 | Drinks Retailing News

Wales has been forced to delay plans to introduce a minimum unit price of 50p on alcohol until at least 2020 after a challenge from Portugal. The Welsh government aims to follow in the footsteps of Scotland by introducing MUP in a bid to “reduce the devastation caused by alcohol harm”. Lawmakers in Scotland had […]

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 […]

Drunkards association unhappy with increase in price of beer (Video)  | YEN

Drunkards association unhappy with increase in price of beer (Video) | YEN

The Ghana Drunkards Association has threatened to embark on a demonstration against government if prices of alcoholic beverages are not reduced. According to them, the price of beer has shot up in recent weeks without any tangible reason, making it difficult for them to enjoy themselves. President of the Ghana Drunkards Association, Moses Onyah, popularly […]

Northern Territories minimum unit pricing faces backlash | The Shout

Northern Territories minimum unit pricing faces backlash | The Shout

The Northern Territory became the first jurisdiction to introduce minimum unit pricing (MUP) on 1 October, as part of the Northern Territory Alcohol Harm Minimisation Plan 2018-19, and retailers are already facing consumer backlash. Attorney-General and Minister for Justice, Natasha Fyles, issued a media statement suggesting that some retailers may have been unfairly marking up […]

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 […]