CorneliaIndividuals with little wine knowledge assume that bulk wine is the type one gets in a box from a grocery store. This article will enlighten you on the fundamental aspect of bulk wine. The reality is that wine comes in big containers and later bottles when it arrives at its destination. According to some companies, buying wine in containers exceeding two liters is a bulk wine purchase. Exporters, importers, wineries, and retailers prefer buying wine in bulk, which is the most inexpensive way than buying already packaged wine.
Bulk wine purchase considerations
For wine buyers looking forward to getting into the bulk wine business, it’s always a good idea to get some helpful insights on what you should do before proceeding with the purchase. Since bulk wine purchase involves significant amounts of wine, one could not risk getting the wrong product. Here are a few tips to ensure your purchase goes smoothly.
1. Knowing your market
One can get into different types of markets in the wine business. Such markets include on-premises, off-premises, private labels, and branded. The kind of bulk wine a buyer gets is mainly based on the market. The buyer must determine whether they will indulge in premium pour and want low-profit margin value drivers.
2. Knowing target customers
Target customers for bulk wine include retailers, wholesalers, and end consumers. One may choose to resale the wine in bulk or repackage it and sell it in bottles. Either way, the buyer must understand each customer tier before purchasing.
3. Branding and licensing
These steps are frequently missed when establishing a brand, and people often undervalue the required time and effort. The bulk purchase of wine is just one part of the process. An individual or business must finalize brand naming, design for cartons and labels, and decide on the type of caps to use. Also, completing all necessary licenses is essential before purchasing bulk wine.
4. Understand different relationships
Most bulk wine buyers usually have a brand. Understanding the relationship the business will have with other brands is essential. Will your business be a competitor or a complimentary to other wine brands? A clear understanding of these relationships allows the buyer to choose the best bulk wine.
5. Understanding various appellations
Understanding appellations primarily establishes the geographic regions from which you will source. Specific laws govern where the grapes for a given wine are grown depending on the nation where the bulk wine comes from. It would be best to ascertain the legal appellation name you want to print on the wine bottle. The grape varieties that can be grown in a particular area, maximum grape yields, alcohol content, and other quality variables can impact the appellation.
Conclusion
Carrying out extensive groundwork allows the bulk wine buyer to determine the kind of wine they will bring in. Bulk wine purchase ensures that the buyer, an individual or a business, saves considerable money if they consider vital factors. Buying wine in bulk is a great way to allow it to age ideally, thus giving the consumers a great experience as they consume it in the future.