Wineonomics: Why Wines Cost What They Do-Part 1

Sip with Nikki

Is there really a difference between a $10 bottle of wine and a $100 bottle of wine?

And if so...What the HECK is it? And is is WORTH it?

If you’ve ever been stumped (or frankly a little annoyed or even turned off) at why bottles are priced they way they are, I’m here to shed some light on the elements that factor into how wine is priced. With a little clarity, you can feel better about grabbing that bottle… whether it’s $10, $100 or anything in between (or beyond!)

There was so much to simplify for you on this topic, that I split into 2 parts- This week we cover the first 3 elements that affect the COST of production of wine which has a direct correlation to the PRICE of that bottle.

I’ll talk about:

• Farming
• Volume/Production Size
• Winemaking and aging

Tune in next week for rest of what influences pricing!

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https://www.sipwithnikki.com/resource

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