Briefly think about these three worlds: professional polo, recreational sailboat racing, and the upper crust of the wine world (I’m talking Grand Cru Burgundy, first growth Bordeaux, Cult California Cabernets). What do they have in common? They have a tiny audience. I’m not just talking about a small audience. This is not the 1%. This is Read More…
Category: Restaurants
Happy Labor Day 2016 … on your mark, get set …
We’ve reached the end of another summer and the SOND selling season is just about to kick off. Over half of the wine sold in the United States is sold in the upcoming four months. A couple of weeks ago I urged you to take your foot off the gas. Now it’s time to do Read More…
And what if the wine sucks?
If you’re in the position of wine sales (which does not just mean wholesale or winery level, but also restaurant and retail … anywhere in the chain of movement toward the end consumer), how do you handle the wine that truly sucks? I’m not talking about a single bottle that is chemically flawed. I’m talking Read More…
Wine Markup, Margin, and Profit
The benefit to learning even the slightest amount about finances and bookkeeping is that is puts you far ahead of the average person in the wine business. The two terms that are used incorrectly most often are markup and margin. I’ve heard them used interchangeably by sales reps, and I’ve heard them mixed up by people Read More…
Why do you buy a new wine?
This one goes out to the buyers at restaurants and retailers everywhere. It’s a simple question with far reaching implications, and one that I want you to think very carefully about. Why do you buy a new wine? The quick and cheap answer is “because it’s good” which means nothing because everybody’s definition of good Read More…
Getting comfortable
In the world of selling wine it’s easy to get comfortable. VERY comfortable. The restaurant that buys most or all of their wines from you doesn’t need to focused on very much. Just kept happy. The big brands that are popular with the public don’t need to be popped for in store tastings. Just merchandised. Read More…
Monday Challenge: Multiply the success you already have
Every Monday I throw out a challenge, something that can be done relatively quickly but have dramatic effect. This week: sharpen your pencils and pull out the spreadsheets … time to multiply success by choosing the right category and the right customers to focus on. The process is simple, and rooted in the idea that Read More…
Fewer choices make for greater sales
Sheena Lyenar’s 2009 book The Art of Choosing is a must read for anybody in the wine business. Her research focuses on the intersection of science and emotion when it comes to decision making. The “Jam Study” is a key part of her research. During this experiment, tables were set up at a busy premium Read More…
How to kick ass with a quick, simple, and effective staff wine training
Learning how to lead an effective staff training is one of the superpowers every wine rep needs to learn. It’s key to be able to convey the right information, not get bogged down in what doesn’t need be discussed, and achieve the goals that lead to higher sales of your wines. Amazingly, more reps screw it Read More…
Effective staff training: What servers don’t need to know
If you’re training the service staff at a restaurant on your wines, it’s just as important to figure out what they DON’T need to know as what they DO need to know. The amount of information a server needs to know on an average night is pretty daunting and changes constantly. What is out of Read More…
Do you really want the main stage?
Here’s a fabulous story from Moby’s new autobiography Porcelain, talking about playing Lalapalooza in 1995. Lalapalooza in those days ran two stages, with the primary and bigger acts on Stage One and a handful of relative unknowns on Stage Two. Moby was booked for the second stage, which “had made me feel like a techno Read More…
Who is your real competition?
For restaurants, is it any other place that serves food for money? Or is it places that serve food similar to yours and charge the same or less? Or more? For retailers, is it any other store that sells alcoholic beverages? Or is it other stores of similar size and reach and impact? Or is Read More…
How to conquer Impossible!, How?, and Yeah … Right
It is entirely within the realm of possibility to double your business in the next 12 to 24 months. Honestly. There is a scary side, however, and this scary side brings up excuses and prevents most people from ever thinking they can do this. For wine retailers, the first excuse usually comes down to physical Read More…
Welcome to the last half of July
We are entering the deepest part of summer: the six week stretch ahead of SOND (September, October, November, and December … which is traditionally when half of the total wine sales happen in the United States). That means two things: Time to start planning. Get out the calendar. Halloween, the presidential election, Thanksgiving, holiday shopping, Read More…
Needs and Wants
There are things your customers need to know. There are other things they want to know. And there is a fundamental difference. NEEDS For a restaurant, your customer needs to know when you’re open and closed. They need to know how to get there, and if there is any construction in the way. They need to know Read More…