Millennials, Mindsets & Money – & Selling Wine Online: Executive Summary

Sonoma State Wine Business Education students started contacting me about 10 days ago to request a copy of “Millennials, Mindsets, and Money … & Selling Wine Online” an e-book co-authored with my long-time colleague Howard R. Moskowitz. I wrote a couple of posts summarizing the research, but I also present an executive summary of the e-book to wineries and industry groups, embedded below for reading, clipping, or downloading. Evidently a lecture given by Rob McMillen of Silicon Valley Bank  stimulated the students’ interest. McMillen referenced comments we exchanged in his post “The Tough Questions Wine Clubs Face.” Scroll down a little ways in the comments section to read them.

Through sharing the presentation, my hope is that “Millennials, Mindsets, and Money … and Selling Wine Online,” will help the many wineries impacted by the October 2017 wildfires. Although those fires spared many of the vineyards, they damaged buildings and roads. Because small and mid-sized wineries depend on direct-to-consumer sales through their tasting rooms, wine clubs, and gift shops, developing online wine sales needs to become a priority that aims to establish an additional revenue stream while reducing the shortfall from a probable decline in sales from drop-offs in wine tourism.