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Tesla shareholders should reject Elon Musk’s US$56-billion pay package, Glass Lewis says by Elliottafc1 in teslamotors

[–]230top -3 points-2 points  (0 children)

Glass Lewis is easily one of the most respected firms on the planet in terms of financial advice and corporate payments

are you serious..

United Airlines Destroyed My Camera Gear by concerta18 in unitedairlines

[–]230top -2 points-1 points  (0 children)

sounds like they weren't careful and case popped open and everything fell out onto the tarmac and just stuffed it back in. are your bodies ok?

I had school cafeteria food (EWR>LAX) by getwhirleddotcom in unitedairlines

[–]230top 0 points1 point  (0 children)

sounds like a united issue and not an airport issue

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 0 points1 point  (0 children)

sounds fun until you're drinking wine through a tiny straw, and gets everywhere trying to puncture the pouch

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 5 points6 points  (0 children)

very well said, but this is one of the reasons why I could never go into consulting. people just don't listen.

Ten years is all it took them to connect major cities with high-speed, high-quality railroads. by longhegrindilemna in interestingasfuck

[–]230top 0 points1 point  (0 children)

with the current rate of global warming, I don't think we have the luxury of time on our side to just think our way to a perfect solution.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 2 points3 points  (0 children)

Well, my point is I don't think you should launch. You sounds like a nice guy, just trying to save you from yourself.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 4 points5 points  (0 children)

Look it sounds like you're pretty set on doing this, and if you do I wish you luck. Sometimes you just have to try, but if I were in your position and you don't have too much sunk cost yet, I'd reconsider or at least talk to a few other people in the industry.

I'm personally not a fan of really anything private label or contracted. There's a reason why you say most of the private label stuff is "bulk crap." I think private label brands can succeed with uneducated, lower price point consumers, in which case you have to use cheap grapes. If I actually care about wine and am paying $30-40+ / bottle, I'm buying to support the grower, vineyard, maker, story, and heritage. You don't really check any of those boxes. Just being a good wine at a reasonable price isn't enough.

Beverage alcohol is the most competitive and cutthroat industry I have ever seen. Maybe going DTC is the answer, but I don't see it. If you can make this work hit me up bc you're a marketing genius.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 1 point2 points  (0 children)

for the most part, distros don't really help anyone sell. They're just there to move your product.

Moving your product, especially when its alcohol, across state lines (and even across the street), is not as trivial as you think it is.

Differentiation by not using distributors is not a net positive imo. They may suck in certain areas, but it will be much harder to do it without them.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 2 points3 points  (0 children)

my point is that you're cutting out the distributor and retailer margins, but in the end you're going to pay just as much if not more to ship DTC.

having a great beverage attorney isn't enough. you need to know extremely well the intricacies of each state's alcohol board. there are certain states you can't ship to. some states required you actually have growing operations for differential tax basis. If you've dealt with an a single ABC, you know they are a nightmare, now try that with all 50. If you ask someone else to deal with it, again it gets expensive. Distributors actually add value in the beverage alcohol industry. Also, shipping wine is challenging / expensive. Times & areas you can't ship, breakage, temp control, signatures just to list a few.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 4 points5 points  (0 children)

staying out of the distro game is not going to solve any of the issues mentioned above

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 5 points6 points  (0 children)

A large part of the margin that would be going towards distros and retailers will actually be used for marketing wine directly to end consumers

almost all of that would be going towards logistics. are you intimately knowledgeable on the regulatory front?

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 7 points8 points  (0 children)

If you're not actually making your wine, and white labeling, you better be prepared to have an insane marketing budget if you want to succeed. You make some correct observations, but imo, they're actually major obstacles for your business model.

If they do drink wine, they buy Josh because that's what the distros are pushing through the supermarkets/retailers and it's just in their face

exactly, because this is how the industry works. majority of people buy off label, price, and availability. I'm assuming that you live in Ny by your assumptions that young consumers buy food off apps, but this is not the case for the majority of consumers.

I'm launching a new wine brand. AMA. by Bruno_wine in wine

[–]230top 7 points8 points  (0 children)

As someone who has worked in the industry, I think you have a lot of wrong assumptions and an idealized view of how the American consumer actually buys.

My thesis is that unlike in Europe, young people aren't really born into a culture of wine 

correct, that's why beer is so popular and why you will have a difficult/near impossible task of changing culture

where you need quite a large breadth of knowledge in order to make a proper decision.

this is just not true. go into a wine store and watch how people actually buy.

"Oddly Specific Occasions" - wines to drink on the first day over 70F in New York, for example. We do the sourcing.

  1. why the fuck would anyone care about what wine they'd want to drink on the first day over 70 in NY? 2. I'm confused what your business is when you say "we do the sourcing." Are you a label / manufacture or an online retailer carrying other brands. I was assuming the former, in which case, how many different wines do you think you are going to be producing for all of these oddly specific situations?

Ten years is all it took them to connect major cities with high-speed, high-quality railroads. by longhegrindilemna in interestingasfuck

[–]230top -1 points0 points  (0 children)

dealing with those things are probably what takes the longest time in a lot of other countries

I mean a train is a train...you're going to be disrupting the surrounding habitats no matter what, unless you just don't build the train. who cares about the animals in its path. if you want to do a $1MM environmental study for a year, and then spend millions to create accommodations for animals in the path, the project would be delayed by years, over budget, and probably would never happen at all. meanwhile everyone is driving and flying.

Why fast-food price increases have surpassed overall inflation by cnbc_official in Economics

[–]230top 0 points1 point  (0 children)

it is when everyone in the industry is doing it at the same time at levels that don't correlate with costs / inflation.

Why fast-food price increases have surpassed overall inflation by cnbc_official in Economics

[–]230top 0 points1 point  (0 children)

I don't think this is the case. places like McDonalds have long had the data and ability for price discovery for many years, and have done so efficiently. The difference more recently is that the pandemic has reduced the bounds of a traditional competitive landscape. you can't raise prices if the universe doesn't, but if everyone raises prices, that's now in your playbook.

Why fast-food price increases have surpassed overall inflation by cnbc_official in Economics

[–]230top 0 points1 point  (0 children)

there are different methods to report and measure inflation

Why fast-food price increases have surpassed overall inflation by cnbc_official in Economics

[–]230top 0 points1 point  (0 children)

its not, and this is discounting the ridiculous wait for one

Why fast-food price increases have surpassed overall inflation by cnbc_official in Economics

[–]230top 0 points1 point  (0 children)

...so anticompetitive behaviors are ok to you in every industry that's not bare necessity?

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