Wine Price Factors Flashcards
1
Q
What are the main factors that affect wine costs?
A
Production costs Packaging Transportation/Distribution Taxes Retailers Market forces
2
Q
What are the factors of production costs?
A
Grape growing - land, grapes themselves, region, soil, etc.
Winemaking - equipment, maturation, barrelling, etc.
3
Q
What are the 3 types of wine producers?
A
Co-operative - owned by many members (common in Europe)
Merchants - buys grapes, juice, or wine from other growers
Estates - make wine only from their own grapes (usually smaller scale)
