LA PLACE DE BORDEAUX Flashcards

1
Q

LA PLACE DE BORDEAUX:

Bordeaux has a unique commercial system, known as la place de Bordeaux. Few producer sell wine directly. Rather, the wine is sold to a ____ (négociant, collectively known as __ ____ that sells approximately __% of wine) who in turn sells it on to ____ and ____

A

merchant

la négoce

70 per cent

wholesalers and retailers.

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2
Q

Describe what role a courtier has in the commercial system of Bordeaux wine.

What % would be expected for playing the role of the courtier?

A

A courtier manages the relationship between the producers (estates, co-operatives and large winery businesses) and the merchants.

2% of the sale would go to the courtier

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3
Q

Describe the supply chain that makes up la place de Bordeaux

A
  • The châteaux then sell their wines to négociants,
  • negociants then sell and ship the wines to distributors (importers, wholesalers and retailers) throughout the world

Courtiers act as brokers between the châteaux and the négociants, earning 2% of the sale,

an average of 15% of the sale price goes to the negociants

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4
Q

Why would a chateaux be wiser to sell to many negociants rather than just a few?

what dictates the amount of wine each negociant gets per year?

A

To reach key markets through out the globe to assure that the wine gets a good amount of exposure.

An allocation system dictates how much wine each negociant receives, this is based on a % of each vintage’s production being assigned to each negociant.

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5
Q

True or false?

Classed growths and higher quality wines ae sold mainly by La place de Bordeaux

A

False. En Primeur…… DUH

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