SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Wine You Can Enjoy @ Under $20

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MoneyPenny who wrote (828)7/8/2009 8:47:16 AM
From: Mark Marcellus  Read Replies (1) of 1277
 
Here's a good take on the same subject from the retail side:

rockssandfruit.blogspot.com

Lyle Fass knows what he's talking about and his conclusion, I think, is spot on:

A new business model has to be developed. A result of this business model change will affect everybody in the distribution chain all the way up to the producer. If there is less high-end wine to sell then the producer will eventually make less high-end wine. We are years from that but I predict that will happen. There always will be people with money and there will always be expensive wine for them to buy.

Retailers will also have to change. They cannot depend on those 2 or 3 big sales that make the month easy. There needs to be a new strategy, as the whale is not coming back for a long time, if ever. I do not have solutions but I suspect it will be a combination of more aggressive marketing, less high-end wine in inventory and a return to the back to basics approach used before the money became this easy. It won’t get easier for the retailer but I am sure it will be more rewarding as they will have to work harder for their money and know that the wines they believe in are putting a roof over their heads.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext