Napa Valley Real Estate | What Determines A Wine?s Price?
If you?re like me, you walk into a wine store, and it?s overwhelming. Unless you have a specific wine you?re looking for, you?re wandering in a sea of regions, grape types and wines with pretty labels. Sometimes too many choices can be a bad thing.
Here are some influencing factors on wine price:
1) How much of that particular type of wine was made? Did they make 10,000 cases in this lot or did they make 100 cases? Normally you will pay more for the 100 case lot wine.
2) Is it single vineyard? These are sometimes stored in a separate part of the store. And they may guard them a little closer (because they are pretty expensive). Single vineyard means just that?.they produced it from a single vineyard, not multiple locations for one wine. This can mean that they paid special attention to this vineyard to create their wineries? signature style. That is all. That alone can increase quality, but not all the time. Rest assured, it will increase the price.
3) Estate bottled? (Not the same as single vineyard) This simply means the winery grew the grapes there, and made the wine on their premises. A completely integrated process. But remember, just because it is estate bottled doesn?t mean it?s any better than a winery that buys from a grower. This shouldn?t really add that much to the price, although many wineries like to flaunt this.
4) Location? This can be an important factor for some regions. For French wines, a Bordeaux will be considerably more valuable than say a Rhone or Burgundy. ?Terroir?, or land is a more prestigious factor there. In California, there are definitely some distinctions, too. Napa Valley will usually command the highest prices, and specifically the Alexander Valley and Howell Mountain appellations (within that region), will bring an even greater premium. But California produces some great wine in the Central Coast (Santa Cruz mtns) area, as well as some decent wines in the Central valley (old vine zins in Lodi).
5) Year/Vintage. This is probably true more in France than the US. 2005 was a great year in Bordeaux. 2006 was not as special. You will find some 2005?s are priced higher than other years. Each year has its own set of unique weather conditions?.dry, wet, hot, cold, early harvest, late harvest or whatever. These all can affect grape quality, and thus wine quality. Don?t forget imported wines are also affected by currency fluctuations. The Dollar is now worth less against most English speaking countries (vs the Euro, Australian$, etc.). A lower dollar means Americans pay more for imported wine.
6) Perception. Winery owners are business people. They have to be. Even though they love what they do they still have to pay their employees, the light bill, and invest some profits for the future. They will charge what the market will bear. Most winery owners think they have good wine, and they should be compensated for it. But we all know there can be great differences in quality for an identically priced wine made by different wineries.
I would say these are the top 6 factors that make up a wine?s price. There are other factors, such as the distribution channel that the wine went through to get to you. The more people that touch it, the higher the price will be. The sad part of that is the distribution channel is often a low value-add?.so that extra price you just paid didn?t increase the quality of your wine. Remember everyone in the supply chain gets a cut!
So now what?
I recommend visiting your favorite winery and purchasing direct.
If you like their wine, join their wine club. You will get first shot at their newly released wine that is not available to the public.
Then there are other wineries that are not open to the public. Many of the exclusive wineries in Napa sell ONLY to their wine club. Some you can buy into, some are by invitation only.
There are numerous wineries in the US where the ONLY place you can buy their wine is by visiting them. They don?t use distribution channels. Or they will allow you to purchase online, according to what state you live in. Some will only let you buy online from them if you have visited(by law).
So, back to the wine store, what should I do?
There are still some great wines available in retail outlets?..
Try a resource like Cellar Tracker their website It is a free online database of just about every wine ever produced. REAL, candid reviews of wine. Or if you don?t feel like going to all that trouble, just buy the one with the pretty label.
Visit my blog on wine and winemaking.
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ByChris Albonetti
|
If you?re like me, you walk into a wine store, and it?s overwhelming. Unless you have a specific wine you?re looking for, you?re wandering in a sea of regions, grape types and wines with pretty labels. Sometimes too many choices can be a bad thing.
Here are some influencing factors on wine price:
1) How much of that particular type of wine was made? Did they make 10,000 cases in this lot or did they make 100 cases? Normally you will pay more for the 100 case lot wine.
2) Is it single vineyard? These are sometimes stored in a separate part of the store. And they may guard them a little closer (because they are pretty expensive). Single vineyard means just that?.they produced it from a single vineyard, not multiple locations for one wine. This can mean that they paid special attention to this vineyard to create their wineries? signature style. That is all. That alone can increase quality, but not all the time. Rest assured, it will increase the price.
3) Estate bottled? (Not the same as single vineyard) This simply means the winery grew the grapes there, and made the wine on their premises. A completely integrated process. But remember, just because it is estate bottled doesn?t mean it?s any better than a winery that buys from a grower. This shouldn?t really add that much to the price, although many wineries like to flaunt this.
4) Location? This can be an important factor for some regions. For French wines, a Bordeaux will be considerably more valuable than say a Rhone or Burgundy. ?Terroir?, or land is a more prestigious factor there. In California, there are definitely some distinctions, too. Napa Valley will usually command the highest prices, and specifically the Alexander Valley and Howell Mountain appellations (within that region), will bring an even greater premium. But California produces some great wine in the Central Coast (Santa Cruz mtns) area, as well as some decent wines in the Central valley (old vine zins in Lodi).
5) Year/Vintage. This is probably true more in France than the US. 2005 was a great year in Bordeaux. 2006 was not as special. You will find some 2005?s are priced higher than other years. Each year has its own set of unique weather conditions?.dry, wet, hot, cold, early harvest, late harvest or whatever. These all can affect grape quality, and thus wine quality. Don?t forget imported wines are also affected by currency fluctuations. The Dollar is now worth less against most English speaking countries (vs the Euro, Australian$, etc.). A lower dollar means Americans pay more for imported wine.
6) Perception. Winery owners are business people. They have to be. Even though they love what they do they still have to pay their employees, the light bill, and invest some profits for the future. They will charge what the market will bear. Most winery owners think they have good wine, and they should be compensated for it. But we all know there can be great differences in quality for an identically priced wine made by different wineries.
I would say these are the top 6 factors that make up a wine?s price. There are other factors, such as the distribution channel that the wine went through to get to you. The more people that touch it, the higher the price will be. The sad part of that is the distribution channel is often a low value-add?.so that extra price you just paid didn?t increase the quality of your wine. Remember everyone in the supply chain gets a cut!
So now what?
I recommend visiting your favorite winery and purchasing direct.
If you like their wine, join their wine club. You will get first shot at their newly released wine that is not available to the public.
Then there are other wineries that are not open to the public. Many of the exclusive wineries in Napa sell ONLY to their wine club. Some you can buy into, some are by invitation only.
There are numerous wineries in the US where the ONLY place you can buy their wine is by visiting them. They don?t use distribution channels. Or they will allow you to purchase online, according to what state you live in. Some will only let you buy online from them if you have visited(by law).
So, back to the wine store, what should I do?
There are still some great wines available in retail outlets?..
Try a resource like Cellar Tracker their website It is a free online database of just about every wine ever produced. REAL, candid reviews of wine. Or if you don?t feel like going to all that trouble, just buy the one with the pretty label.
Visit my blog on wine and winemaking.
http://www.moosevalleywinery.blogspot.com
Article Source:http://EzineArticles.com/?expert=Chris_Albonetti
Did you find this article helpful?10
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Albonetti, Chris?What Determines a Wine?s Price?.?What Determines a Wine?s Price?.28 Nov. 2010EzineArticles.com.9 Aug. 2011 http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840>.
Albonetti, C. (2010, November 28). What Determines a Wine?s Price?. Retrieved August 9, 2011, from http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840
Albonetti, Chris ?What Determines a Wine?s Price?.? What Determines a Wine?s Price?EzineArticles.com. http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840
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Napa Valley Real Estate | What Determines A Wine?s Price?
If you?re like me, you walk into a wine store, and it?s overwhelming. Unless you have a specific wine you?re looking for, you?re wandering in a sea of regions, grape types and wines with pretty labels. Sometimes too many choices can be a bad thing.
Here are some influencing factors on wine price:
1) How much of that particular type of wine was made? Did they make 10,000 cases in this lot or did they make 100 cases? Normally you will pay more for the 100 case lot wine.
2) Is it single vineyard? These are sometimes stored in a separate part of the store. And they may guard them a little closer (because they are pretty expensive). Single vineyard means just that?.they produced it from a single vineyard, not multiple locations for one wine. This can mean that they paid special attention to this vineyard to create their wineries? signature style. That is all. That alone can increase quality, but not all the time. Rest assured, it will increase the price.
3) Estate bottled? (Not the same as single vineyard) This simply means the winery grew the grapes there, and made the wine on their premises. A completely integrated process. But remember, just because it is estate bottled doesn?t mean it?s any better than a winery that buys from a grower. This shouldn?t really add that much to the price, although many wineries like to flaunt this.
4) Location? This can be an important factor for some regions. For French wines, a Bordeaux will be considerably more valuable than say a Rhone or Burgundy. ?Terroir?, or land is a more prestigious factor there. In California, there are definitely some distinctions, too. Napa Valley will usually command the highest prices, and specifically the Alexander Valley and Howell Mountain appellations (within that region), will bring an even greater premium. But California produces some great wine in the Central Coast (Santa Cruz mtns) area, as well as some decent wines in the Central valley (old vine zins in Lodi).
5) Year/Vintage. This is probably true more in France than the US. 2005 was a great year in Bordeaux. 2006 was not as special. You will find some 2005?s are priced higher than other years. Each year has its own set of unique weather conditions?.dry, wet, hot, cold, early harvest, late harvest or whatever. These all can affect grape quality, and thus wine quality. Don?t forget imported wines are also affected by currency fluctuations. The Dollar is now worth less against most English speaking countries (vs the Euro, Australian$, etc.). A lower dollar means Americans pay more for imported wine.
6) Perception. Winery owners are business people. They have to be. Even though they love what they do they still have to pay their employees, the light bill, and invest some profits for the future. They will charge what the market will bear. Most winery owners think they have good wine, and they should be compensated for it. But we all know there can be great differences in quality for an identically priced wine made by different wineries.
I would say these are the top 6 factors that make up a wine?s price. There are other factors, such as the distribution channel that the wine went through to get to you. The more people that touch it, the higher the price will be. The sad part of that is the distribution channel is often a low value-add?.so that extra price you just paid didn?t increase the quality of your wine. Remember everyone in the supply chain gets a cut!
So now what?
I recommend visiting your favorite winery and purchasing direct.
If you like their wine, join their wine club. You will get first shot at their newly released wine that is not available to the public.
Then there are other wineries that are not open to the public. Many of the exclusive wineries in Napa sell ONLY to their wine club. Some you can buy into, some are by invitation only.
There are numerous wineries in the US where the ONLY place you can buy their wine is by visiting them. They don?t use distribution channels. Or they will allow you to purchase online, according to what state you live in. Some will only let you buy online from them if you have visited(by law).
So, back to the wine store, what should I do?
There are still some great wines available in retail outlets?..
Try a resource like Cellar Tracker their website It is a free online database of just about every wine ever produced. REAL, candid reviews of wine. Or if you don?t feel like going to all that trouble, just buy the one with the pretty label.
Visit my blog on wine and winemaking.
Article Source:
Did you find this article helpful?10
About the Author:
0){parent.location.href = self.document.location;}]]>
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Joined: November 28, 2010Was this article helpful?10 0) { var s0 = ?;s0 += ?Ads by Google
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ByChris Albonetti
|
If you?re like me, you walk into a wine store, and it?s overwhelming. Unless you have a specific wine you?re looking for, you?re wandering in a sea of regions, grape types and wines with pretty labels. Sometimes too many choices can be a bad thing.
Here are some influencing factors on wine price:
1) How much of that particular type of wine was made? Did they make 10,000 cases in this lot or did they make 100 cases? Normally you will pay more for the 100 case lot wine.
2) Is it single vineyard? These are sometimes stored in a separate part of the store. And they may guard them a little closer (because they are pretty expensive). Single vineyard means just that?.they produced it from a single vineyard, not multiple locations for one wine. This can mean that they paid special attention to this vineyard to create their wineries? signature style. That is all. That alone can increase quality, but not all the time. Rest assured, it will increase the price.
3) Estate bottled? (Not the same as single vineyard) This simply means the winery grew the grapes there, and made the wine on their premises. A completely integrated process. But remember, just because it is estate bottled doesn?t mean it?s any better than a winery that buys from a grower. This shouldn?t really add that much to the price, although many wineries like to flaunt this.
4) Location? This can be an important factor for some regions. For French wines, a Bordeaux will be considerably more valuable than say a Rhone or Burgundy. ?Terroir?, or land is a more prestigious factor there. In California, there are definitely some distinctions, too. Napa Valley will usually command the highest prices, and specifically the Alexander Valley and Howell Mountain appellations (within that region), will bring an even greater premium. But California produces some great wine in the Central Coast (Santa Cruz mtns) area, as well as some decent wines in the Central valley (old vine zins in Lodi).
5) Year/Vintage. This is probably true more in France than the US. 2005 was a great year in Bordeaux. 2006 was not as special. You will find some 2005?s are priced higher than other years. Each year has its own set of unique weather conditions?.dry, wet, hot, cold, early harvest, late harvest or whatever. These all can affect grape quality, and thus wine quality. Don?t forget imported wines are also affected by currency fluctuations. The Dollar is now worth less against most English speaking countries (vs the Euro, Australian$, etc.). A lower dollar means Americans pay more for imported wine.
6) Perception. Winery owners are business people. They have to be. Even though they love what they do they still have to pay their employees, the light bill, and invest some profits for the future. They will charge what the market will bear. Most winery owners think they have good wine, and they should be compensated for it. But we all know there can be great differences in quality for an identically priced wine made by different wineries.
I would say these are the top 6 factors that make up a wine?s price. There are other factors, such as the distribution channel that the wine went through to get to you. The more people that touch it, the higher the price will be. The sad part of that is the distribution channel is often a low value-add?.so that extra price you just paid didn?t increase the quality of your wine. Remember everyone in the supply chain gets a cut!
So now what?
I recommend visiting your favorite winery and purchasing direct.
If you like their wine, join their wine club. You will get first shot at their newly released wine that is not available to the public.
Then there are other wineries that are not open to the public. Many of the exclusive wineries in Napa sell ONLY to their wine club. Some you can buy into, some are by invitation only.
There are numerous wineries in the US where the ONLY place you can buy their wine is by visiting them. They don?t use distribution channels. Or they will allow you to purchase online, according to what state you live in. Some will only let you buy online from them if you have visited(by law).
So, back to the wine store, what should I do?
There are still some great wines available in retail outlets?..
Try a resource like Cellar Tracker their website It is a free online database of just about every wine ever produced. REAL, candid reviews of wine. Or if you don?t feel like going to all that trouble, just buy the one with the pretty label.
Visit my blog on wine and winemaking.
http://www.moosevalleywinery.blogspot.com
Article Source:http://EzineArticles.com/?expert=Chris_Albonetti
Did you find this article helpful?10
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?); return;}google_ad_client = ?pub-3754405753000444?;//EA-Food and Drink Wine Spirits 160google_ad_channel = ?5246172810?;google_ad_output = ?js?;google_max_num_ads = ?7?;google_ad_type = ?text?;google_feedback = ?on?;google_hints = ?wine wines winery wineries quality vineyard?;google_ad_region = ?test?;// ?>]]>Get Involved0 commentsSuggest a topicArticle ToolsPrint this articleE-mail to a friendEzinePublisherReport this articleCite this articleStay InformedGet notified by email when new articles are added to this category or written by this author.
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?; document.write(?+s+?
Albonetti, Chris?What Determines a Wine?s Price?.?What Determines a Wine?s Price?.28 Nov. 2010EzineArticles.com.9 Aug. 2011 http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840>.
Albonetti, C. (2010, November 28). What Determines a Wine?s Price?. Retrieved August 9, 2011, from http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840
Albonetti, Chris ?What Determines a Wine?s Price?.? What Determines a Wine?s Price?EzineArticles.com. http://ezinearticles.com/?What-?Determines-?a-?Wines-?Price?&id=5456840EzineArticles.com
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