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2018 in Review, Premiumization Continues

Volume X, Issue X · July 2018

This is an IMPORTANT SEO section. It is a hand-crafted, custom excerpt that describes that report and is infused with SEO rich keywords. An executive summary that details the various articles and how they relate to the report title. Perhaps touch on the theme that connects all of the articles in the current report.

Wine Grape Market May Shift in Lodi’s Favor

Lodi, Calif.—Premiumization: the action or process of attempting to make a brand or product appeal to consumers by emphasizing its superior quality and exclusivity.

Commoditization: the process through which goods that have economic value and are not distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumer.

Those are the definitions that Jeff Bitter, incoming president for Allied Grape Growers, presented at this year’s Lodi Vineyard & Wine Economics symposium and which defined the symposium’s overall discussion: the premiumization of Lodi as a grape-growing and winemaking region. “Lodi has to actively fight being commoditized,” Bitter said.

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The Wine Analytics Report contains the latest wine industry metrics, market analysis and trends shaping the wine industry. Based on primary databases through Wines Vines Analytics, the monthly report includes analysis and data on U.S. wine sales, grape and wine pricing, winery sales and the wholesale market.
 

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