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Wine Business Editorial

How the New Revenue Recognition Standard May Impact the Wine Industry

How the New Revenue Recognition Standard May Impact the Wine Industry

By: Adam Raudsep, CPA, Senior Manager In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASC 606). This standard, along with subsequent amendments and clarifications issued by the FASB, fundamentally changes how companies across industries will recognize, measure, present, and disclose information about revenue. […]

One Man’s Idea Becomes Leading Filtration and Remediation Solution for Wine Industry

One Man’s Idea Becomes Leading Filtration and Remediation Solution for Wine Industry

The method Tudhope developed worked so well, he started VA Filtration South Africa in 1999 to focus on vinegar removal for wineries in the Western Cape. 

By November 29, 2018 0 Comments Read More →
Consumer Behavior Data Now Accessible for Efficient Wine Marketing

Consumer Behavior Data Now Accessible for Efficient Wine Marketing

“The wine industry has been obfuscated by their data sources given the traditional three tier distribution system,” says Mabray. “Consumer behavior and the foundation of how consumers buy is not apparent to wineries, so we (Emetry) come in as kind of data miners, gather wells of data, clean them up, and put them in a data lake.”

By November 28, 2018 0 Comments Read More →
Working Through Guests’ Price Objections

Working Through Guests’ Price Objections

When a guest objects to the price of one of your products, don’t be discouraged. Many times an objection to the price is the first signal that they really want to buy the product you are selling. If guests were not interested, they would thank you and leave. For some people part of the fun […]

Boisset Takes Best of Marin Four Years in a Row with 2015 Pinot Noir

Boisset Takes Best of Marin Four Years in a Row with 2015 Pinot Noir

Winning “Best of Marin” at the 2018 North Coast Wine Challenge with the 2015 DeLoach Marin Pinot Noir made it four years in a row that Brian Maloney, Director of Sonoma County Winemaking for Boisset Collection, claimed the honor.

By November 27, 2018 0 Comments Read More →
A Pathway to Success in the Three-Tier System for Small and Medium Brands

A Pathway to Success in the Three-Tier System for Small and Medium Brands

Rosen said, “through data and boots on the ground we support the independent brand, because frankly the distributor doesn’t have the time nor inclination.”

By November 27, 2018 1 Comments Read More →
Clean Wood: The Multi-Faceted Processes for Keeping Disease-Free Vineyards

Clean Wood: The Multi-Faceted Processes for Keeping Disease-Free Vineyards

These processes are changing, with farmers pushing for better and multi-pronged approaches to keeping their vineyards clean. They are not excited about the idea of replacing their vines every 15 years instead of every 30, or hoping that in receiving a new order, they get 96% of the vines clean, yet not expecting that all will be.

By November 26, 2018 0 Comments Read More →
Game-On & Game-Over for the 2018 Selling Season

Game-On & Game-Over for the 2018 Selling Season

We at BevStrat hope that everybody had a wonderful holiday weekend that was filled with the ideal amount of family and inventory depletions. We, in my family, fell victim to the never-ending supply of wine, chocolate, turkey, political rhetoric and shopping. Needless to say, Monday is here, family has left and we collectively have 5 […]

By November 26, 2018 0 Comments Read More →
A Closure for Wines Committed to Quality and Sustainability

A Closure for Wines Committed to Quality and Sustainability

To call DIAM a cork company is tells only part of the story. The technology they have developed relies on the efficiency of natural cork as a closure, but works to eliminate the inconsistencies in natural cork that can lead to flaws in wine.

By November 26, 2018 0 Comments Read More →
A Combined Authentication and Marketing Solution for Wine and Spirits

A Combined Authentication and Marketing Solution for Wine and Spirits

The idea of Prosurix, a counterfeit detection software, came to long-time wine and spirits retailer Steve Glamuzina about four years ago when he heard about the counterfeiting of the famed Italian wine, Sassicaia, and rampant counterfeiting of other collectible and expensive wines.

By November 21, 2018 0 Comments Read More →
Happy Thanksgiving

Happy Thanksgiving

This is a busy week, both personally and in business, so I will make today’s blog brief. As Black Friday is the biggest sales day for most businesses in the U.S. (and even in countries where they don’t celebrate Thanksgiving), keep in mind that it pays to spend a minute or two focusing on the […]

Five Wine Businesses Recognized for Their Innovative Advances for the Wine Industry

Five Wine Businesses Recognized for Their Innovative Advances for the Wine Industry

Whether solving a problem or seizing an opportunity, these five wine industry suppliers used ingenuity and technology to develop innovative products and solutions for vineyards and wineries. They represent the vanguard of product and service innovation that is essential for the advancement and prosperity of the wine industry. The winners of Wine Industry Network’s seventh […]

By November 20, 2018 0 Comments Read More →
Turning the Tables on Paul Gregutt

Turning the Tables on Paul Gregutt

“Turning the Tables – Interviewing the Interviewers” is a Q&A series profiling Wine Writers. You’ll discover much more about wine writers that you know and learn about many others.

The Best of Lake County: Cache Creek Cabernet

The Best of Lake County: Cache Creek Cabernet

Cache Creek Vineyards, located in eastern Lake County off Hwy 20 near Clearlake Oaks, got its formal start as a winery in 2005, but first and foremost, was a vineyard known for excellent fruit. It all started with the family patriarch, Bill “Poppo” Van Pelt, father of the present-day owner, Don Van Pelt. When “Poppo” first set foot on the land in 1997, he encountered a herd of Tule elk, and vowed to make the land a preserve for them.

By November 19, 2018 0 Comments Read More →
Late Harvest Chard Wins Best Dessert for Sonoma-Cutrer

Late Harvest Chard Wins Best Dessert for Sonoma-Cutrer

Ask Mick Schroeter how the Late Harvest Chardonnay project came about at Sonoma-Cutrer, and the well-versed Aussie, who began his career as a red winemaker in the Barossa Valley with the iconic Penfolds brand, says simply, “Chardonnay and Pinot Noir just don’t cut it with dessert. We were doing all these wine dinners, and we’d get to the dessert course, and nothing would be quite right. So, we decided it was time to do a Late Harvest.”

By November 19, 2018 0 Comments Read More →