How has the economy affected your drinking habits?

 2 glasses
Wine Spectator recently released results from an online poll that asked: “What are you drinking now?” The responses reflected what the numbers have told us this past year as well: Consumers are abandoning the higher-priced or hard-to-get bottles and going for value. This typically means under $20, often under $15, occasionally under $10, but all with the same goal – To find that sweet spot where quality meets value.

We recently noted that this trend of consumers buying at lower price points has in fact brought prices down on some more spendy wines. We even added an option on our site to search by savings since some of the deals are so crazy good.

Now we want to hear what changes you’ve made – give us some stories and specifics. Have you sacrificed a $20 bottle for a $10 one? Switched grapes? Regions? Producers? Trying lots of new things?

This is what we want to know – What are you drinking and why? We’ll include some of your responses in our Wine Club Newsletter.

Comments Closed

14 thoughts on “How has the economy affected your drinking habits?”

  1. [quote][/quote] I have drunk Robert Mondavi Private Selection in the past but now I drink Woodbridge by Robert Mondavi because it is alot cheaper. Ocassionaly I will buy his private selection usually around the holidays because I get rebates,. In the winter I drink Cabernet and in the hotest part of the summer I drink Pinot Gregio.

  2. The economy has actually caused me to drink more. I am now an alcoholic. The better and more expensive the wine, the better. I figure if you’re gonna be broke you might as well enjoy it.

  3. I have drastically changed my wine habits. I was laid off this past December with no prospects in sight. Needless to say that often I don’t purchase at all, and when I do it’s a less expensive brand that I stretch out much longer. Along with everthing else, Obama is going to increase the tax on alcoholic beverages and I may end up quitting altogether. No more simple pleasures!

    Don

  4. I have drastically modified my wine habits as well. I have a small cellar that I have been stocking over the years and within the past couple of years we have been much more drinking from the cellar stock than adding to it (and not from actually drinking more mind you).

  5. In fact, I drink better wine now as many distributors appears to be putting wines on sale and I have a decent store near me who passes the savings on. When you shop smart, $10 can buy a really nice bottle of wine!

  6. I’m actually drinking a lot better wine these days because my wife and I are eating out a lot less. As a result, we make meals at home more often to save money, but the trade off is we can buy much better wines to go with our meals. The cost of wine was always the biggest part of our restaurant bills. Now we’ve joined wine clubs and buy wine online, where we can get much better wines that we ordered in restaurants for half the cost. It’s been a pretty good trade-off, and to tell the truth, I don’t miss eating out all that much. We still go out to eat on occasion, but we don’t necessarily buy a bottle any more. Often we’ll come home for a good bottle of wine after dinner instead!

  7. We used to drink a lot of $20 – $35 bottles of wine. No more. We look for value. I try to stay under $12. For example, just bought half a case of 2008 Dashwood Sauvignon Blanc. It is $10 a bottle.

    When we drink expensive wine (expensive for us) we go to Wine Bars and Restaurants with good wine lists that have specials. Many are doing half price nights. You can get a $50 bottle of wine for $25! Or a $12 glass for $6.

    We’ve cut back in many areas that we will never go back to spending in again – like cable tv and spa treatments. When the economy improves, my wine buying will increase – a lot, but I will still look for value wines like Dashwood. I will also do more research once I start to build my collection. By research, I mean watching winelibrarytv.com, checking out Wine Spectator and Wine Enthusiast, and going to as many tastings as possible.

    I am lucky though because my brother and sister in law have an excellent wine collection. They are very generous and take us out for dinner frequently. They always order great wines that we would not be able to afford at this time, and we often go back to their house and drink a bottle from their cellar. He just took me on a trip to Napa and paid for everything. It was the 2nd best vacation of my life!!!

  8. I’ve had to drastically change my habits and conserve. It’s been so hard to find better "deals" on good wine vs. having to settle for something inexpensive that just taste pain terrible.

  9. I’ve practically stopped buying retail. It’s all online auctions for me and I’ve consistently been getting more mature wine at 35-50% off prevailing retail prices. No complaints!

  10. There are so many great value wines regularly available, plus many higher end winemakers now drastically reducing their prices, that I intend to use this opportunity to try less expensive but still good wines and to favor those higher end winemakers who have lowered prices. The economy has changed so dramatically that it may be more than a decade before we see a return to "irrational exuberance" in all sectors of the economy, including the wine industry. Companies selling good products at reasonalbe prices will do fine, and companies who priced their products too high will have to come back to earth.

  11. Clearly, this is not a good time to be addicted to Champagne. But I’ve found a few value sparklers….such as Taltarni Tache and Charles Baur Cremant d’Alsace (both <$20 US).

  12. Drinking from the cellar is a great idea! You’ve bought them, now enjoy them! And there are wonderful deals coming out everywhere, so taking advantage of those is very smart – we’ve got tons of savings on our end that we’re passing along to consumers. Dashwood, Taltarni… these are great producers of good value wine. Thanks for the feedback!

  13. Once you have tasted the good suff it’s hard to go back. That being said, I have been less wiling to just try a $50+ bottle from a producer I have no history with. For that price point, I have tended to drink what I know is good.

    For my every day wines, I have lowered my budget and do try and seek out the best values available. I am also on a number of mailing lists from wineries. In some cases I have not purchased my full allocation rather than not purchasing from a particular winery.

    Matt
    href="http://www.uncorkedventures.com.&quot; rel="nofollow">Uncorked Ventures</a>

Comments are closed.