Wineonomics: Why Wines Cost What They Do-Part 2

This is PART 2 on this topic- if you missed last week’s episode on this topic- start there!Is there really a difference between a $10 bottle of wine and a $100 bottle of wine? And if, so, What the HECK is it?If you’ve ever been stumped (or frankly a little miffed) at why bottles are priced they way they are, I’m going to shed some light on the specifics that factor into how wine is priced- so you can feel better about grabbing that bottle… whether it’s the $10, the $100 or anything in between. There was so much to simplify for you here that I split into 2 parts- In this week's conclusion, we cover the last 2 elements that affect the COST of production of wine which has a direct correlation to the PRICE of that bottle. They are:Packaging and label specifications- you learn one of my favorite nerdy wine terms here...The more Ambiguous factors- Perception, reputation and Hype!If you'd like to Support the Podcast, you can buy me a glass of wine or our producer Kathryn a bourbon) we would be so grateful!Please consider Rating, Reviewing and Following Us on Apple Podcasts!“Delightful and fun. Now I love my Monday Commute” (kpjscarbs). Sound like you? I’d love for you to leave your own review!How? Click Here, scroll to the bottom, tap to rate with Stars and select "write a review" and let us know what you loved most about this episode! If you haven't already, please FOLLOW the podcast! We have so many more exciting episodes coming out, and if you're not following you might MISS then! Click here to Follow! Get my Wine Tips Cheat Sheet here: You can purchase my tiny production Sangiovese here: Questions, suggestions and guest requests? [email protected]