Wine Economist Short-Listed for Gourmand Blog Award

Just a quick note to tell you that The Wine Economist has been short-listed for a global blog award. The Gourmand International “Best in the World” awards will be announced on June 8 in Yantai, China.

I’ll copy the short list of blogs, magazines and “books of the year” (one finalist per country) in the “wine and drinks.” category. The Wine Economist is in good company, don’t you think? It’s an honor just to be nominated for this award and a double honor to make the list of finalists!

Thanks to Gourmand International for this recognition (and thanks to whoever nominated The Wine Economist for this award!).

Best Wine and Drinks Blog:

  • France- Cite des Civilisations du Vin
  • Singapore – The Wine Review, Ch’ng Poh Tiong
  • USA- The Wine Economist, Mike Veseth

Best Wine and Drinks Magazine:

  • Brazil- Vinho magazine
  • China- China Wine News
  • Iceland- Vinbladid
  • South Africa- Wine Mag
  • USA- Quarterly Review of Wine

Best Wine and Drinks Book of the Year

  • Australia- Barossa Shiraz, Thomas Girgensohn, ( Wakefield Press )
  • Brazil- Cachaca e Gastronomia 2014, Felipe Januzzi, Gabriela Bareto ( Mapa da Cachaca, Ministerio de Cultura- Destemperados )
  • France – Bordeaux et ses Vins 1814 – 2014 ( Feret)
  • Italy- Accidenti, malatti e parassite della vite ( Edizioni SUV )
  • Mexico – Bebiendo nuestra tierra, el vino mexicano, Pablo M.Aldrete,Maria Palau, Memo Garcia (MG )
  • Sweden- Whiskyns Landscap, Claes Grunsten ( Max Strom )
  • Switzerland- Vins Swiss Wines ( Vinea )
  • USA- The best white wine in the world, the Riesling, Stuart Piggott ( Stewart ,Tabori, Chang )

A New Year at The Wine Economist: Looking Back at 2014 and Ahead to 2015

This is the final Wine Economist post of 2014 and a good moment to look back at 2014 and ahead to 2015.

Looking Back at 2014

The year that is just ending was full of interesting experiences, many of which were reported here. I was fortunate to be asked to speak at wine gatherings in five U.S. states (Washington, Oregon, Idaho, California and Virginia) and four foreign countries (South Africa, Portugal, Italy and the U.K.).

The largest audience was over 2000 persons at the Unified Wine & Grape Symposium’s “State of the Industry” session. The smallest? Well, just a handful of people braved the harsh weather to come out for one local bookstore event earlier in the year, but they made up for small numbers with mighty enthusiasm.

The happiest audience? It would be hard to top the crowd that attended a Seattle World Affairs Council “extreme wine” dinner talk in February. Great food, wine and people and lots of extreme wine stories to tell.  I appreciate everyone who takes the time to come to one of my talks whether the audience is big or small.

Looking Forward to 2015

2015 looks like it will be a busy year, too.  I’ll be returning to the Unified Wine & Grape Symposium next month to contribute to the “State of the Industry” panel. Then I go north to Alaska to do two events in support of global education there. I’ll give a Wine Wars s talk for the Juneau World Affairs Council on February 11, 2015 and then forge on to Anchorage for an Extreme Wine fund-raising dinner event on February 12 for the Alaska World Affairs Council. I’m proud to help support global education through these World Affairs Council events.

One of the things I enjoy the most is speaking to regional wine groups, trying to bring a global perspective to their local discussions  and discourage intellectual “cellar palate.” This year I’m fortunate to be talking to the Idaho Wine Commission annual meeting in Boise on February 17 & 18, 2015 (here is the agenda) before going on the the Winery & Grower Alliance of Ontario “Insight 2015″ conference in Niagara-on-the-Lake, Ontario on March 3, 2015. Both of these regions produce some stunning wines and are seek to attract the recognition they deserve. I’ll try to give them some food for thought.

On the publishing front, a new book is scheduled for 2015. , Money, Taste & Wine: It’s Complicated, will appear in August 2015. Yes, Amazon will let you pre-order that! And there’s a paperback version of Extreme Wine in the wings, too. Looks like a busy year already and it hasn’t even officially started!

Best wishes to Wine Economist readers. I wish you all health, happiness and great wine in the New Year. Cheers!

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Here’s a short video of highlights from Wine Vision 2014 that’s just been released. Thought you’d find it interesting.

Wines & Vines: A Global Perspective on Regional Wine Identity

The December 2014 issue of Wine & Vines is out and it features the usual mix of interesting and informative articles. This issue includes a preview of the sessions scheduled for the Unified Wine & Grape Symposium in Sacramento at the end of January, a “Best of 2014″ collection, a guide to building an urban winery and much, much more.

Great stuff — the wine industry is lucky to be served by top notch professional publications like Wines & Vines, Wine Business Monthly, Harpers Wine & Spirits, Beveragedaily.com,  Meininger’s Wine Business International, The Drinks Business and  other useful and informative publications.

Wines & Vines has for some time now included content from Practical Winery & Vineyard, which is edited by Don Neel. This month Don chose an article that I wrote for him last year to be featured in the combined publication. It is called “A Global Perspective on Regional Wine Identity: Think Global, Drink Local.”

The article is based on a presentation I made to a gathering of wine makers in Southern Oregon. Some of the remarks are aimed specifically at this under-the-radar region, where some great wines are being made, but I think many of the conclusions I draw are more general. I invite you to click on the link and read the column along with the other Wines & Vines articles.

One Million Views at the Wine Economist

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Today I feel a little like Dr. Evil in the Austin Powers film (see the video clip above). One Million! Is that a ridiculously large number? Or is it laughably small? I guess it depends on the context.

This thought is provoked by the fact that WordPress, the company that hosts this blog, tells me that today The Wine Economist received its One Millionth view since its creation a few years ago. Hmmm. Is that cause to celebrate or an excuse for a hearty laugh? Both I suppose.

A million views is a lot if I put on my university professor hat. Over in the the academic world a few hundred views is big news. You might be surprised at the number of readers that the average academic journal publication attracts. One 2007 study suggested that half of these articles — and there are hundreds of thousands of them published each year — get no readers at all apart from the authors themselves and the journals’ editors. Shocking.

On the other hand, of course, the best-known wine websites must get a million views a week. The Wine Economist’s numbers are tiny by comparison, but probably still respectable given the particular niche it seeks to fill. One rating service consistently lists this site as among the top 40 most influential “drinks (wine, beer or spirits) blogs.”

In any case, I am thankful for people like you who take the time to read what we publish here. I don’t think we will ever get to the next stop on the Dr. Evil scale — One Hundred Billion! — but I’m looking forward to the future and more discussions with Wine Economist readers. Cheers!

Listen Up! Extreme Wine and Wine Wars Now Available as Audio Books

My latest book Extreme Wine is now available in audio book format, which means you can add it to your playlist along with Wine Warswhich had its audio book debut last year.

Click on a book cover image or one of the links above to go to the Amazon.com page for the audio books, where you can listen to an excerpt from chapter 1.

Many people who have heard me speak say that they can hear my voice when they read Wine Wars or Extreme Wine. Do you think this comes through on the audio books? Please leave a comment if you have an opinion. Happy listening!

Get Ready for the Wine Industry Financial Symposium

Sue and I have just returned from a week in Northern Italy as guests of the Valpolicella Consorzio (look for a series of industry reports on Valpolicella and Prosecco in the coming weeks) and now we are getting ready to head to Napa, California for the Wine Industry Financial Symposium that will be held there on September 22 and 23.

The theme of the symposium is “Let the Good Times Roll,” which will strike some as a bit off-key since the California headlines this year have been dominated by bad news — first drought and then the recent Napa earthquake. The program (see below) doesn’t sidestep the challenges, but seeks to put them into the context of a rising tide in the U.S. market. It should be an interesting couple of days!

Monday’s program features workshops that focus on specific issues of interest to wine industry professionals including the Hispanic wine market in the U.S., the rise of craft beer, the emerging talent gap in the wine industry, tax issues and vineyard finance.  Lots of interesting topics and great speakers — something for everyone.

The Tuesday morning program accentuates the positive, beginning with David Freed’s industry overview and ending just before lunch with Carolyn Wente and the celebration of 130 years of Wente Vineyards. In between Dr. Robert Smiley will present the results of his annual survey of wine industry CEOs and John Ciatti will report on U.S. and global harvest trends.

I will talk about “Lessons from the Global Wine Wars,” with an overview of important global market trends, focusing on two that I think are particularly relevant for the U.S. industry today: the “premiumization” of the wine market and the surge in “disintermediation” in the wine industry.

Tuesday afternoon features sessions on social media marketing, “next generation” consumers and wine distribution. Looking forward to hearing the speakers and seeing everyone in Napa next week. Here’s the complete program. Cheers!

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Wine Industry Financial Symposium

Monday Workshops – September 22, 2014

Session I: 1:30 p.m. – 3:00 p.m. – Choose One

1. NEW DIRECT TO CONSUMER TRENDS
Examine new ways to relate to consumers through the direct to consumer channel. Speaker-moderator Craig Root will present several new tips designed to enhance your operation. Featured speaker Norman Stolzoff, President of Ethnographic Insight, will offer a detailed look at ethnographic research. This important field uses anthropological insights to solve real-world problems. Ethnography helps better serve customers, leading to profitable results.
Craig Root, Visitor Management Resources
Norman Stolzoff, PhD, President, Ethnographic Insight Inc.

2. TRANSACTIONS: WHO ARE THE BUYERS AND WHO ARE THE SELLERS?
John Mackie,
Partner, Carle, Mackie, Power & Ross, LLP, Moderator
Tony Correia, Owner, The Correia Company
Matt Franklin, Principal, Zepponi & Company
Josh Grace, Managing Director, International Wine Associates

3. THE HISPANIC WINE CONSUMER
What does it mean to the wine industry and what do we do to make wine the beverage of choice?
Steve Rannekleiv, Executive Director, Research, Rabobank International
Natalia Velikova, PhD., Texas Tech University

4. THE EMERGING TALENT GAP POSES RISKS FOR THE WINE INDUSTRY
Ray Johnson, Director of Wine Business Institute, Sonoma State University
Carol O’Hara, Partner, Burr, Pilger & Mayer, Moderator
Tom O’Brien, Director of Human Resources, Trinchero Family Estates
Larry Smith, Senior Vice President, Human Resources, Jackson Family Wines
Dawn Wofford, Managing Partner, Benchmark Consulting

Session II: 3:30 p.m. – 5:00 p.m. – Choose One

5. EQUITY AND DEBT MARKETS: CURRENT TRENDS AND FUTURE OUTLOOK
David Freed, Chairman, The Silverado Group
William Beyer, Principal, Prudential Agricultural Investments
Hal Forcey
, American AgAppraisal
Perry F. Deluca, Senior Vice President, Wine Industry Team Leader, Wells Fargo Bank

6. WHO IS THE COMPETITION? WILL CRAFT BEER AND CRAFT SPIRITS HURT WINE SALES, OR SHOULD YOU JUST JOIN THEM?
Bill Leigon, President, Jamieson Ranch Vineyards
Mark Crisler, CS, Founder & Chief Everything Officer, Trellis Wine Group
Jesus Ceja, Ceja Winery / Carneros Brewing Company

7. USE PERMITS: CURRENT ISSUES AND FUTURE TRENDS
Phillip Kalsched, Partner, Carle, Mackie, Power, Ross, LLP, Moderator
Dean Parsons, Project Review Manager, Sonoma County Permit & Resource Management Department
Jeff Redding, Principal, Land Use Environmental Planning Service
Beth Painter, Principal, Balance Planning

8. COMMON TAX ISSUES FOR VINEYARDS AND WINERIES
Federal Income Tax Updates, State Income Tax Updates, Sales Tax Updates and Estate Tax/Valuations
David Pardes, Tax Director, PricewaterhouseCoopers
George Famalett, Tax Partner, PricewaterhouseCoopers
Joan Armenta Roberts, Managing Director, PricewaterhouseCoopers
Eric W. Nath, ASA, Principal, Eric Nath & Associates
Thomas Garigliano, Tax Partner, Burr, Pilger & Mayer


Tuesday General Session – September 23, 2014
7:45 – 8:15 a.m.
COFFEE & REGISTRATION

8:15 – 8:20 a.m.
WELCOME & INTRODUCTIONS
Lisa Adams Walter, Director of Programs, Wine Industry Symposium Group

8:20 – 8:30 a.m.
WINE INDUSTRY OVERVIEW
David Freed, Chairman, The Silverado Group

8:30 – 9:15 a.m.
WHAT WINE INDUSTRY LEADERS THINK IS IMPORTANT FOR THE FUTURE
Robert Smiley, PhD, Dean and Professor Emeritus, Director of Wine
Graduate School of Management, University of California, Davis

9:15 – 10:00 a.m.
LESSONS FROM THE GLOBAL WINE WARS
Mike Veseth, Editor, The Wine Economist Blog

10:00 – 10:30 a.m.
GET – ACQUAINTED BREAK

10:30 – 11:15 a.m.
THE CALIFORNIA AND GLOBAL HARVEST UPDATE
John Ciatti, Broker, Ciatti Company LLC

11:15 a.m. – 12:00 noon
WENTE VINEYARDS CELEBRATES 130 YEARS
Carolyn Wente, CEO, Wente Vineyards

12:00 – 1:15 p.m.
NETWORKING LUNCHEON

1:15 – 2:15 p.m.
HOW SKILLFUL USAGE OF DIGITAL MARKETING AND SOCIAL MEDIA
NEED TO BE INTEGRATED IN THE BIGGER PICTURE OF BRAND BUILDING AND POSITIONING
John Gillespie, President, Wine Market Council and CEO, Wine Opinions
Karena Breslin, VP Digital Marketing, Constellation Brands
Alisa Joseph, Vice President, Business Development, The Nielsen Company
Mark Gordon, Digital Marketing Manager, Jackson Family Wines
Mike Osborn, Founder and VP Merchandising, Wine.com

2:15 – 3:00 p.m.
NEXT GENERATION WINE
Liz Thach, PhD, MW, Professor of Management and Wine Business, Sonoma State University
Judd Finkelstein, Judd’s Hill Winery
Lisa Broman Augustine, Broman Cellars
Nicole Bacigalupi Dericco, Bacigalupi Vineyards

3:00 – 4:00 p.m.
WINE AND DISTRIBUTION
Jonathan Pey, Principal, TEXTBOOK Napa Valley
Jon Moramarco, Principal, BW 166 LLC
Dan Grunbeck, EVP Corporate Business Development & Strategy, Youngs Market

4:00 – 5:00 p.m.
FINANCIAL SPONSOR FINALE
WINETASTING & RECEPTION – Hosted by WIFS Sponsors

 

Bonné, Galloni and Veseth on NPR’s “On Point”

Jon Bonné, Antonio Galloni and I will be guests tomorrow morning (11am Eastern time) on the popular WBUR National Public Radio show “On Point.”  Our topic is “The State of American Wine.” Click here to visit the WBUR website for the broadcast.

Guests

Jon Bonné, wine editor for the San Francisco Chronicle and author of “The New California Wine.” (@jbonne)

Antonio Galloni, founder and critic at online wine resource Vinous. Former lead critic for the Wine Advocate. (@AntonioGalloni)

Mike Veseth, editor of the online journal the Wine Economist. Author of “Wine Wars” and “Extreme Wine.” (@MikeVeseth)

Update: Drew Bledsoe of Doubleback Winery in Walla Walla was a surprise fourth panelist. Great to have Drew on board!

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