Business of Drinks

21: How to Work With a Bulk Wine Broker - With Florian Ceschi of Ciatti - Business of Drinks


Listen Later

More than 70% of all wine produced in the world is what’s known as bulk wine, which means it’s shipped to its destination in Flexitanks. In this revealing episode, we speak to Florian Ceschi, the European Director of Ciatti, the world’s biggest bulk wine broker. He’s the man who knows what wine is being produced in the world, where it’s being shipped, who’s buying it — and what they’re doing with it. This episode will take you right into the engine room of the global wine business, exploring how the bulk wine market works, from vineyard to brand creation.

His insights include:


1. Bulk wine is about one company selling to another.

But why would one company sell their wine — and another buy it? Florian outlines all the reasons why wineries and other companies might want to buy a shipment or two of wine.


2. The role of the broker.

The middleman plays a critical role in the world’s wine market, making sure that wine gets to market on time and in perfect condition. Sometimes it means the brokers need to make adjustments to the wine.


3. How the world of wine is driven by fashion.

Aromatized wines, wine cocktails, and Moscato have all been recent wine fashions. Florian discusses how the market finds the supply they need at top speed — and what happens when varieties and styles fall out of fashion.


4. How private labels work.

There are brands… and then there are private labels, which are brands created by retailers like supermarkets, who can switch products in and out as they need it. Florian discusses why businesses would go to all the trouble of finishing and bottling their own wines, instead of just buying them.


5. From appellations to anonymity.

Wine is supposed to be about specific terroirs, but the allure of bulk wine is that it’s anonymous. How is this inherent tension resolved? 

Join us for what turned out to be a fascinating journey into a critical part of the wine world that very few people know about.


Shoutout to our sponsor! A big round of thanks to AccelPay — a leading ecommerce solution for bev-alc brands. From a one-tap, compliant checkout to comprehensive sales data, AccelPay has you covered and can make your existing website a storefront. For an exclusive 10% off your account, visit: https://www.accelpay.io/bod


Meet the hosts

Erica Duecy is co-founder of Business of Drinks, a podcast and content consultancy, and one of the drinks industry’s most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. 

https://www.instagram.com/ericaduecy/

https://www.linkedin.com/in/erica-duecy-4a35844/

https://twitter.com/ericaduecy


Felicity Carter is co-founder of Business of Drinks, a podcast and content consultancy. Also the Editorial Director of Areni Global, the London-based fine wine think tank, she was previously Editor-in-Chief of Meininger’s Wine Business International, a trade magazine she built into a global must-read, with subscribers in 38 countries.  

https://twitter.com/felicitycarter

https://www.linkedin.com/in/felicity-carter-a5754380/

https://www.instagram.com/carter.felicity/


And if you like what you heard, help us spread the word! Follow Business of Drinks, and rate and review our episodes on any platform where you’re listening. It helps us find new listeners. Thank you!


...more
View all episodesView all episodes
Download on the App Store

Business of DrinksBy Business of Drinks

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

19 ratings


More shows like Business of Drinks

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,094 Listeners

GuildSomm Podcast by GuildSomm

GuildSomm Podcast

421 Listeners

Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,712 Listeners

Channels with Peter Kafka by Vox Media Podcast Network

Channels with Peter Kafka

556 Listeners

Founders by David Senra

Founders

1,942 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,231 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,290 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,698 Listeners

Modern Wisdom by Chris Williamson

Modern Wisdom

3,769 Listeners

VinePair Podcast by VinePair

VinePair Podcast

285 Listeners

My First Million by Hubspot Media

My First Million

2,643 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,974 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,249 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

57,637 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

254 Listeners