The global pandemic, as well as changes in technology and consumer behaviour, are pushing wine businesses to re-imagine their business models.
In their latest report, “The Wine Business of Tomorrow”, Liv-ex and industry experts Richard Siddle, Robert Joseph and Nick Martin re-imagine three of the most common wine business models – stockholding, virtual stockholding and wine investment – by considering how technology like APIs, bots, algorithms and ERPs are improving efficiency and profitability today and into tomorrow.