Comments on: America’s minuscule high-end wine market http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traducere daneza http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-53564 Mon, 29 Sep 2014 13:58:57 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-53564 5 Cheap Lululemon VLwD Lululemon Official Site RShF Lululemon Yoga Pants RSsS Coach Factory Outlet GReW Coach USA FSsN Coach Outlet Online GLeD Michael Kors Outlet FJhW Cheap Michael Kors DLdD Michael Kors Sale RSxF Michael Kors Factory Outlet FGhF Lululemon Yoga Pants VEhN Lululemon Yoga Pants DGeW Lululemon Yoga Pants RSxS Michael Kors Purses ROeN Michael Kors Outlet DKhZ Michael Kors Outlet FEdE Michael Kors Purses FLeZ Michael Kors Outlet Online DKdW Louis Vuitton Outlet DJhF Louis Vuitton Purses FEeF Louis Vuitton Outlet DReG Louis Vuitton Purses RGrE Foamposites For Sale FJeF Lebron James Shoes GRwN Foamposites ROwF Lebron 11 For Sale VLsE Louis Vuitton Handbags TdX louis vuitton luggage TuX Louis Vuitton Speedy RsE Louis Vuitton Handbags Xwo

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By: MarkTNorman http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-45645 Thu, 24 Jan 2013 19:46:11 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-45645 First of all, those of us who really understand this portion of the wine market knows that $20+ price category is disappearing from scan data…almost all of this is going DtC…over the 52 week period thatWine & Vines and ShipComplaint reported mid 2012 DtC sales were at $1.4 Billion…yes…that is with “b” amounting to 8.6% of all domestic wine sales.

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By: Moopheus http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42872 Thu, 06 Sep 2012 21:40:14 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42872 A) You’re completely leaving out the restaurant sales, which is probably significant.

B) Who cares? Your complaint basically comes down to “Americans don’t spend their money on the stuff I spend my money on!”

C) I’d rather have a chocolate egg cream any day.

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By: Moopheus http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42862 Thu, 06 Sep 2012 18:12:26 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42862 What is the point of this post? The US is still largely a beer-drinking country. I’d also make a guess that most of the more expensive wine in the US is sold in restaurants, and not for home consumption, which obviously won’t be included in Nielson figures. I’d also hazard a guess that most of the vodka ends up in mixed drinks. Or used to get drunk fast.

Personally, I only buy wine for cooking, which means that it is pointless to spend more than $10 for a bottle that’s going into a sauce or a risotto.

And in a country where 40 million people are on food stamps, few things say “pretentious a-hole” like wine snobbery.

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By: Moopheus http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42855 Thu, 06 Sep 2012 14:57:11 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42855 Srsly, Felix? We’ve got 40 million people on food stamps and you’re complaining we’re not buying enough expensive wine? Geez, and I thought the Romney was out of touch. I mean, really, WTF is the point of this post?

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By: Sam09 http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42824 Wed, 05 Sep 2012 19:34:51 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42824 The figure of $410 million seems very low. This 2010 paper from two UCSF professors seems to have very different data on high-end wine. Figure 11 (on page 17) shows overall revenue from wines over $20 in the range of ~$5 billion.

http://academyofwinebusiness.com/wp-cont ent/uploads/2010/05/AnalyzingUSRetail.pd f

And this 2001 story from SF Gate notes the difficult in getting reliable data on high-end wine sales:
(http://www.sfgate.com/business/article/ Top-End-Wines-Resist-Recession-Premium-W ine-2962139.php)

“The problem with government data that is the source of many wine industry reports is that it lists how many gallons of wine from wineries and bonded warehouses are shipped and taxed, without revealing how much the wine costs per bottle.
Although grocery store scan data are useful, they primarily report wine sales below $12 per bottle and do not cover all geographic regions.
Other industries generally have more reliable data because they have fewer companies and more publicly held companies. In contrast, the wine industry is highly fragmented and generally run by families.”

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By: PatrickS http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42815 Wed, 05 Sep 2012 18:19:54 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42815 By comparison, American craft beer, which is certainly NOT designed to be as bland and tasteless as possible, represents 15% of US beer sales, with $8.7 billion in retail sales.

http://www.brewersassociation.org/pages/ business-tools/craft-brewing-statistics/ facts

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By: JustinCormack http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42812 Wed, 05 Sep 2012 16:49:06 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42812 From a viewpoint back here in the UK, Californian wine is at the moment grossly overpriced, compared to say French wine. I know we pay more, and you pay less over there, but I am not sure it makes up for it. This has changed over the last 10-20 years, and I don’t think it is all currency movements. I don’t think the economics of wine in say Burgundy or Bordeaux (or Germany for that matter, one of my favourites) are much better, and I think they are cross subsidised.

(Note I dont include the high end stuff that is non price sensitive I mean the quality stuff at $20-$50)

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By: JDow2 http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42810 Wed, 05 Sep 2012 15:15:43 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42810 Given the median household income, how can you be surprised that the median household doesn’t buy $20 wine?

The added value of high-priced wine is an acquired taste anyway. Most people won’t drink enough of it to learn to value the difference.

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By: Chris08 http://blogs.reuters.com/felix-salmon/2012/09/04/americas-minuscule-high-end-wine-market/comment-page-1/#comment-42752 Wed, 05 Sep 2012 14:13:23 +0000 https://blogs.reuters.com/felix-salmon/?p=17260#comment-42752 Just how does a “wine that is not very good” taste, Felix? Can you give us some objective criterion other than your subjective opinion? I have drunk (red) wines in Europe (Spain and Portugal mainly but also France) and the US and imports from Australia and Chile, etc., and concluded that almost all tasted perfectly okay if they cost over about $6 a bottle. (Below that one could tell something was amiss). Above $6 it was all subjective.

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