Weekly Roundup | Wine’s Changing Business Model
In this week’s roundup, the wine industry adapts to a new business model and a new demographic. Learn how to navigate DTC compliance as online DTC sales grow. Boomers are aging and Millennials are choosing beer, seltzer, and spirits—is it time for wine to rethink its strategy? A Black entrepreneur is changing how wines pair with multicultural foods. As consumers are living longer, learn how wine can win over younger consumers. Drought threatens Marin and Sonoma Counties. And finally, customer retention can pay big for your business.
Compliance Options for Craft Producers
Since the pandemic's start, the percentage of craft beverage sales done online skyrocketed. With online DTC sales comes a patchwork of laws in different states concerning all types of alcoholic beverages. Read more to learn how your winery, brewery, or distillery can approach DTC compliance.
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US Wine Market—Time for a Rethink
Baby boomers are the largest wine-consuming demographic, but their share may decline as they age without retirement savings. Millennials are more likely to choose beer, spirits, seltzer, or malt beverages than wine. Can the wine industry count on Millennials to acquire a taste for wine as they get older, or is it time to rethink the strategy?
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Options for Wine That Pairs With Multicultural Foods are Limited—This Black Woman Winemaker is Changing That
Kindra Dione, founder of the first Black woman-owned winery in Loudoun County, VA, has an unusual take on wine. Dione has released a wine collection that pairs well with the diverse flavors of multicultural foods. Learn more about how this entrepreneur is making wine a more versatile complement to meals.
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Wine Businesses Must Focus on the ‘100-Year Life’ to Drive Mid- and Long-Term Success
Consumers are living longer and retirement at age 60 is no longer a certainty. As Millennials get older, they may change careers, their lifestyle, and beverage preferences several times. Learn more about how winemakers still have a chance with younger generations.
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Water Watchers in Marin and Sonoma Counties Brace for More Drought
It has been a dry January in more ways than one, and February isn’t looking any better for rainfall in Marin and Sonoma counties. Farmers are hoping for a “miracle March” to stave off severe drought this year. Is your winery prepared for another drought year?
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Retention Pays Off Big in DTC Wine Shipping
First-time buyers account for over half of DTC wine sales, but that number is falling as loyal customers make more repeat purchases. Learn about why customer lifetime value is essential to the profitability of your business.