5.8 wine investment companies / retail sector Flashcards
1
Q
- ) What are investment grade wines?
- ) Name 3 examples!
- ) Why are they so expensive?
A
the most sought after & expensive wines in the branch
- ) e.g. Bordeaux premier cru classé
e. g. Burgundy grand cru
e. g. top Napa valley wines
3.) rarely to get
2
Q
- ) Who sells this rare bottles?
- ) Where does these guys buy these wines?
- ) to who they are going to sell them?
A
- ) a few specialist wine retailers & companies (brokers)
- ) direct from producer or merchant
- ) customers who bought them before or expressed interest
3
Q
How does a broker act if it comes to rare wines?
A
- customer is searching special wines
- a broker often act on the behalf of the customers
- put them in touch with producer or merchant
- will get a commission