Alison Smith Story’s Post

"Creating a whole new 8%-11% wine category is the very definition of industry-driven innovation - and is fraught with danger both for the retailers selling them and the producers willing to make them." My thoughts for London Wine Fair's new Times edition on the danger of the wine industry responding to new duty rates by following industry-driven innovation and not focusing on consumer-driven innovation https://lnkd.in/eR3NX-3i #wine #winemerchants #winetrends #wineindustry #consumerinnovation #winebuyers #lowalcoholwine #lowalcohol

🌟 Dive into the latest findings from our March 2024 Market Report!   Inside you'll find: 🔹 The latest wine investment data 🔹 Champagne bubbles rise to the top in Q1 so far 🔹 Fine wine releases boosting market interest 🔹 Best performing wines in February 2024 🔹 Knight Frank’s insight into luxury asset performance 🔹 Key news and events for wine investors   Latest trading in the market shows shifts have occurred: Bordeaux has fallen by 4% in Feb, Piedmont dropped by 1%, while Burgundy and the USA were boosted by 2% - due largely to their recent new releases.   💼 Get ahead with exclusive insights and trends in fine wine investment. 🥂 𝐓𝐨 𝐫𝐞𝐜𝐞𝐢𝐯𝐞 𝐚 𝐟𝐫𝐞𝐞 𝐏𝐃𝐅, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭 "𝐫𝐞𝐩𝐨𝐫𝐭", 𝐟𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐚𝐧𝐝 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞 𝐩𝐨𝐬𝐭.   #MarketInsights #MarchReport #Investing #FinancialPlanning #InvestmentAdvice #InvestmentAnalysis #WineInvestment #InvestmentOpportunities #alternativeassets #wealthmanagement 📈🔍

The 2024 Knight Frank Report sheds light on the dynamic world of luxury investments, with fine wine standing out for its potential and resilience. In sports, as in investing, strategy is key, requiring an understanding of timing, quality, and potential. It's about knowing when to hold your position and when to make your move. View our take on the Knight Frank Report, and download your own copy, via the link below. https://bit.ly/4crbO7N #FineWineInvestment #StrategicInvesting #postsportcareerinvestments #tangibleassets

Agree Richard - this is a plaster over an issue - instead of working on the root causes, finding out why things happen, why the consumer behaves in certain ways and thereby fulfilling a need or service, or changing something or creating something new that is needed or not even thought of yet (as in iPhone for example - we never thought it would be everything in 1). This is a panic response to manage duty and margins and costs and everything. We should be looking at other categories - what's growing, what is trending and WHY and HOW. Wine is complicated I am sure we would all agree and lacking in margin and far too safe in its offering. What we should be doing is having a quarterly innovation workshop or conference including online viewing where we can brainstorm and talk about these, create new opportunities from this, talk to the consumer - using even TikTok if we have to. Everything I open these days on any social media is very anti alcohol - so we have to be aware of this movement as well.

Start your wine investment with the 2021 Sassicaia⭐️   The latest Sassicaia release has a 100 point score, making it the best - ever. This is your chance to start your wine investment with a single case of the wine that revolutionised an entire wine country.   According to the UK wine exchange Liv-ex, the last 10 vintages of Sassicaia that have been on the market for at least five years have yielded an average return of 60.7% in 5 years - equivalent to an average annual return of 10%. Invest via the link below.

How France's Wine Influenced Global Business 🍷 Business thrives on the relationship between innovation and heritage, and the major player with the strongest influence today in wine is France. 🍇 #BusinessStrategy #WineEducation #GlobalInfluence

Here is the video of our latest webinar with USA's wine buyers: How to Pitch Wine Brands Effectively to USA Wine Buyers. This session features industry leaders Bob Paulinski, MW, Michael Mighetto Hoefling, Dejah S. Overby CS, CSWS, WSET ll and Paul Baldi. The call is a Q and A format call where we answer more than 15 questions directly from winemakers and brand owners. Watch the video on USA Ratings website here.

Engaging in 5Star Wines & Wine Without Walls is not just about competition. Participating in events like 5Star Wines & Wine Without Walls offers wineries a multitude of benefits that can significantly enhance their brand, market presence, and industry recognition. 🚀 It’s a strategic opportunity for growth, learning, and global outreach that can propel a winery to new heights in the competitive wine industry. Some reasons why wineries choose to participate in these event: ✅️ International Exposure ✅️ Objective Evaluation ✅️ Credibility and Prestige ✅️ Enhanced Brand Visibility ✅️ Access to New Markets and Buyers ✅️ Marketing and Sales Boost ✅️ Consumer Confidence ✅️ Networking Opportunities ✅️ Showcase Commitment to Quality ✅️ Highlight Sustainable Practices: Specifically for Wine Without Walls See you 2025 🗓

Success in business hinges on quality, authenticity, and continuous learning. Understanding your industry, navigating challenges, and consistently delivering value are key. With the guidance of mentors and a motivated team, achieving long-term goals becomes attainable. We would like to thank Brain McGuigan, from McGuigan Wines and Colin Peterson from Petersons Wines for sharing their stories and insights. 🍇🍷 To hear more from Brian and Colin and their remarkable journey's head to the Down to Business YouTube channel. #tips #downtobusiness #businessadvice

Embracing Independence in the Wine World. The video discusses the importance of independence and authenticity in the wine industry as expressed by the speaker. #Champagne #Independent #winebusiness