Tag: Goals
3 Critical Questions About Your BTG Program to Determine On-Premise Wine Sales Profitability
Articles, Retail Space Management, Sales Execution
Getting your wines on by-the-glass (BTG) lists in restaurants is a top goal for many wineries. Being readily available and offered at the point of consumption in a desirable format (“I’ll take a glass of that, please!”) can convert…
The Wine Import Business: Proactive Pricing in an Ever-Changing Market
Articles, Pricing, Retail Space Management
Importing wine to the North American market is a complex business. While essentially managing two separate sets of books—one for international suppliers and one for North American distributors, you’re now also dealing with all the new…
How to Solve Your Major Three-Tier Pricing Challenges With Winery Software
Articles, Pricing, Sales Execution
When was the last time you revisited your pricing and trade spend management strategies? Was it five years ago? Ten? More?
As we get rolling in 2022, this is your opportunity to address the common pricing challenges winery and import businesses…
Depletion Data vs. Billback Data: What You Need to Know for Accurate Winery Accounting
Articles, Data Analytics, Retail Space Management
If you work in the highly competitive three-tier wine sector, you know that price is the impetus to your brand and your bottom line. So, when it comes to accounting for wineries, getting accurate data is essential.
But one of…
Choosing the Right Wine Pricing Tool
Articles, Pricing
The profitability of your three-tier winery is inextricably linked to the pricing of your products. But effective pricing, from distributor incentives to retail placement, carries numerous challenges. Without the right wine pricing tool…
Pricing Strategy: How to Improve Your Wine Business Plan for Processing Billbacks
Articles, Pricing, Retail Space Management
Some say making wine is an art, not a business—we say it’s both. If you make “pour” business decisions (sorry, we had to), you will not be able to adequately distribute your time, effort, and money into crafting beautiful wine.
Traditionally…
How to Win in The Art and Science of Wine Depletions
Articles, Retail Space Management
The old cliché goes something like “wine is the only art you can drink,” but there should be a saying for those working inside the industry “selling wine is an art you can perfect with science.”
For anyone in operations,…
Business Intelligence and Data Masters Use Technology to Solve Major Wine Industry Pricing Challenge
Articles, Data Analytics, Pricing
NAPA, CA — Business Impact developed Tradeparency as an answer to one of the biggest challenges wineries and wine importers face in today’s market — pricing.
With years of experience helping wineries and wine importers…
How to Improve Your Distributor Sales Quarterly Business Reviews (QBRs) in 3 Easy Steps
Articles, Retail Space Management
Quarterly Business Reviews (QBRs) are essential to the supplier-distributor relationship, especially in the highly competitive and fast-paced three-tier wine industry. For sales managers, every quarter can seem like déjà vu with a constant…