This was a lovely wine, the proof is it's all gone. I purchased this bottle of Quintessa's 2016, 'Illumination' Sauvignon Blanc (SB) when I visited the winery back in January. I can't remember what I paid for it (there was a small inter-winery discount involved), but on Quintessa's website it says this wine retails for $50.00. And by my reckoning, that's about $20.00 too much.
Wine pricing is a funny old thing. The average consumer could be forgiven for asking, "Why is this wine priced thus?" Well, the wine's packaging is a little upscale, it comes in a Rhone-style bottle (how trite) and there is some flashy gold on the label, but packaging alone shouldn't make a significant impact on the retail price of this wine. The cost of SB grapes is on the rise in the Napa Valley. In fact, SB is in danger of becoming more scarce, indeed many growers are ripping out this delightful white grape and planting Cabernet Sauvignon in its place. Having said that, I looked up the average price per ton of SB grapes (Napa County Crop Report) when I started blogging in 2008 and it was $1,905.91. In 2017 the average cost had risen to $2,012.00. That's a whopping increase of $106.09 over a 10 year period. (By no stretch of the imagination is that a significant price hike.)
Yes, I enjoyed this $50.00 SB, it was a beautiful glass of wine; a little heavier of the palate than most SBs, adequate acid, a lovely grapefruit/mandarin orange citrus-y-ness and a lingering finish. However, I don't think I enjoyed it enough to pay full retail.
Quintessa is a pretty swanky winery, so I believe it is up to the proprietors to maintain some aura of exclusivity. I'm thinking the folks that can afford to drink Quintessa wines are Cabernet Sauvignon aficionados who aren't necessarily white wine drinkers (I meet people like that all the time), but might be persuaded to buy an overpriced, in my humble estimation, SB. I am not Quintessa's audience.
Call me cheap, but I'd rather have two bottles of SB from a Napa Valley producer such as Honig or St. Supéry. Or even better, three bottles (or, perhaps, four if it's on sale) of that old Kiwi stalwart, Kim Crawford. My little pea-brain just doesn't understand expensive SBs. I have tasted the Illumination once, I don't need to try it again.
Showing posts with label Wine pricing. Show all posts
Showing posts with label Wine pricing. Show all posts
Wednesday, May 30, 2018
Too pricey?
Labels:
Crop report,
Happy B-Day Sean,
Honig,
Illumination,
Kim Crawford,
Quintessa,
SB,
St.Supéry,
Wine pricing
Thursday, October 15, 2015
Sell, sell, sell!
Tonight, in my wine marketing class, I got to meet with my group of classmates and work on our mid-term project as our instructor is out of town. He will be out of town next week also, as he was on October 1st (attending a conference in Spain). Mr. Wagner is a busy man. In lieu of a proper class, we were supposed to watch a film called Crazy People (about an advertising executive who goes mad), but we only got to see the opening credits as something was wrong with the DVD and nobody could get it to work. So, with nothing else scheduled for the evening, I had to meet with my group.
I have to say, my group is an interesting mix of people. Originally the group was made up of 5 people, but then number 5 simply disappeared for a couple of weeks. In the meantime, our instructor had given us an additional group member, number 6. Then number 5 dropped the class and number 6 informed us that she didn't want to be in our group (ouch!) and so we became 4. Only one member of our group is an American, so communication is a bit of a challenge. Nevertheless, we put our heads together in an attempt to come up with a 5 year financial plan for selling the wine that the college produces. (Our mid-term paper is due October 29th). After 45 minutes I could stand getting nowhere no longer: I made my excuses and left. Hopefully, my group and I will be able to come up with something feasible, (something better than the business plan I came up with on my own), over the next fortnight.
I have to say, my group is an interesting mix of people. Originally the group was made up of 5 people, but then number 5 simply disappeared for a couple of weeks. In the meantime, our instructor had given us an additional group member, number 6. Then number 5 dropped the class and number 6 informed us that she didn't want to be in our group (ouch!) and so we became 4. Only one member of our group is an American, so communication is a bit of a challenge. Nevertheless, we put our heads together in an attempt to come up with a 5 year financial plan for selling the wine that the college produces. (Our mid-term paper is due October 29th). After 45 minutes I could stand getting nowhere no longer: I made my excuses and left. Hopefully, my group and I will be able to come up with something feasible, (something better than the business plan I came up with on my own), over the next fortnight.
Labels:
Budget,
Financial plan,
NVC,
Wine Marketing,
Wine pricing
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