Ep 58: Is “Premiumization” a Problem for the Wine Industry? With John Gillespie
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Ep 58: Is “Premiumization” a Problem for the Wine Industry? With John Gillespie
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John Gillespie and host Carol Collison discuss his most recent market report, “Wine in Decline,” which queries non or low- consumers of alcoholic beverages about how their perceptions may be affecting wine sales. The survey results are fascinating, and the conversation centers on the evidence from this research that some consumers view wine as too expensive or not a good value. For example, the survey found that “Wine drinkers who are drinking wine less frequently cited the rising prices of wine significantly more often that beer or spirits drinkers.”
John Gillespie was the founding Director of the Wine Market Council; a trade organization formed in 1995 by the wine industry to answer the question of wine demand and consumer preferences after an earlier period of sales growth challenges. He has been in private practice as a market researcher through his firm Wine Opinions since 2005.
https://wineopinions.com/
to request a report, please email info@wineopinions.com
Questions? Comments? smallfortunepodcast@gmail.com
Sponsor: Global Wine Partners https://www.globalwinebank.com/
Music: Nate Collison
Logo Photography: John Corcoran