It’s closer to the median.
We honestly don’t know what percentage clients keep with us. It also varies based on where they live. A NYC client is going to have a much higher percentage of their wine with us (since space comes at a premium), and in NJ, it’s likely lower since you can have a large cellar.
My point was most people do not have a wine cellar at all. Most Americans MAY have a small wine fridge in their kitchen.
Yes 100%. That what I understood from your first post. It just piqued the question more specifically of those who do collect, about how much do they tend to have (beyond just this specific group of people)
What I would say about the data you posted about above is that it looks at the top of the market, which is important.
Given that most charts about super premium wine is $30 a bottle and up with no cap. So El Nido Clio and DRC Montrachet are counted in the same bucket. That’s not very analytical about the top end of the market.
Most Americans don’t have even a small wine fridge, that would be a tiny percentage of americans. Most americans, if they have wine in the house, bought it that day, or maybe they have a few bottles stashed in the cupboard above the oven.
OHHHHHH…that drawer is for vegetables and fruits!
That’s really one of my “data” pet peeves. That said, I get that there’s not a lot of value proposition to the industry as a whole to segment more granularly. It’s such a small fraction. But to those of us who would be interested we want it broken down to, for example, $30 to $50, $50 to $100, $100 to $200, etc. I seriously doubt that is ever going to happen.
Every time I see the descriptor “super premium” I chuckle ruefully to myself. But I get the marketplace as a whole. Thus can’t blame the lack of stats which would hold my personal interest. Is what it is.
This is the wrong site to discuss price segmentation as everything here is luxury, maybe some slips into ultra premium.
The Phelps, Frog’s Leap, and Keenan also end up eligible for six pack 30% discount stacking too. Net prices end up looking like they are on a sales receipt from the 90’s.
I thought Phelps new ownership was trying to push prices & volume higher…
Where is this?
Correction its a local chain called Raley’s
I’d buy all Frog’s Leap in a heartbeat.
This is at a Western regional chain (100+ stores) that operates under Raleys / Bel-Air / Nob Hill banners. I was in multiple locations again today, and there seem to be plenty left. Sale prices don’t seem to be incenting local wine packrats at much now?
I remember reading an article on wine consumption in the UK in the early 2010s (perhaps from Jancis) and it reported something to the effect that the average time in the UK between buying a bottle of wine from a wine shop and consumption was approximately 1.5 hours.
Those three wines do not appear to be eligible for the six pack additional discount. They only have one price on the label. The others have two prices on the label showing the six pack discount.
Are th y just exiting the wine business? Why clear out shelf staples for ~65% off otherwise when they just have to replace them at higher prices.?
Get rid of the stale wines and make room for some fresh ones
I get it on obscure things that will just never sell. Phelps and Frogs leap ect don’t really fit that.
Unless you mean stale because of vintage, but I’d much rather buy those 2019’s than have them bring in fresh 2020/22!
Obviously they are not selling though and their regular pricing leaves something to be desired.
bring on the wine dumps !!!
