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ALSO SPONSORED BY:
Wine Industry Insight |
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Wine Opinions’ new study of wine consumers and members of the U.S. wine trade offers a stunning statistical confirmation of the “trading down” phenomenon and provides a detailed analysis of how badly the recession has battered even the most loyal wine drinkers.
More surprisingly, the survey shows that shifting preferences have pushed napa out of the limelight and made Paso Robles and Sonoma County the recession winners especially among high-end consumers looking for different taste experiences.
The hefty, chart- and graph-laden, 75-page report is available to members of the wine trade on the Wine Opinions web site for $395.
RECESSION HAS BATTERED A MAJORITY OF WINE DRINKERS
While about a third of respondents say they have not experienced much change in their personal financial situation, 55 percent said they were somewhat or a lot worse off. Only 11 percent said they were better off.
SURVEY SAMPLE WEIGHTED AWAY FROM LOW-END RETAILERS
The survey sample was weighted (82%) toward “high-frequency” consumers who drink wine daily or several times per week.
In addition, retail channel preferences indicate a sample pre-disposed toward higher-end wines:
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