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While neither the recession nor bargain-basement mania have run their course, Nielsen Company data from January shows a lot of life at higher price points. The news is good overall with all wines monitored by scanner data rising 5.1 percent for the four week period ending Feb. 6. That aggregated number, however, hides some interesting specifics. (NOTE: The Nielsen Company spreadsheet that includes the data on which this article is based can be found here here for free. This data represents a very small fraction of that available to Nielsen clients.)
The original analysis, interpretation and custom calculations performed by Wine Industry Insight and based on data from The Nielsen Company and the complete WII article are available to VIP Premium Subscribers. Wine Industry Insight does not sell or market data from the Nielsen Company.
Perhaps most encouraging is a 5.4 percent increase in dollar volume for wines in the $20+ price segment. What’s more, that increase came without price cutting. Indeed, the average priced 750ml in this segment sold for $25.54, up $0.16 from a year ago. This represents an increase of 0.64 percent.
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