7 Flashcards

0
Q

Costs that can affect price of raw grape material

A

Labour demands of vineyard - easy or hard to harvest
Cost of labour /equipment
Degree of selection of grapes, more waste = less wine
Yields - higher yields = less quality, lower yields = better quality = higher costs
Supply and demand

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1
Q

Costs that contribute to the retail price of a bottle of wine

A

Cost of the liquid

Cost involved in the packaging

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2
Q

Factors that can affect winemaking costs

A

Equipment
Barrels - type, new/old, topping up
Aging - storage facilities, ties up capital

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3
Q

Co-operative

A

Institute that is joined by a number of members
Share winemaking facilities, equipment and sometime marketing costs
Wine can be blended from grapes from diff members
Marketed under name of cooperative
Wine can be returned to growers sold under their name
Cave cooperative, cantina sociale, winzergenossenschaft

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4
Q

Merchant

A

Negotiations
Buys in grapes and /or finished wine from growers/cooperatives
Less need for grape grower to invest in winemaking, ageing, bottling and marketing

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5
Q

Factors that affect the costs of packaging and distribution

A
Price of packing - weight, unusual packaging shape
Transport - bulk shipping cuts costs
Labour - retailers (large or small)
Storage - holding stock ties up capital
Selling environment - shop /restaurant
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6
Q

Wine price includes cost of

A
Wine
Packaging
Bottle closure 
Label
Carton
Transport from distribution to final location of sale
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