Wine terms: Problematic pricing
You may see the wine term problematic pricing or pricing is problematic in a review, and especially in one of the mini-reviews that runs on the final Friday of each month. It’s mostly what it seems: If it’s problematic, the wine’s price is a problem, and the problem is that it that doesn’t offer enough value for its price.
Still, this hasn’t been clear to enough people, and so the need for this post. One PR woman in particular wasn’t quite sure what it meant. Either I liked her wine or I didn’t, and what did price have to do with it?
Price, of course, has everything to do with it. It’s not enough that a wine is cheap (or expensive, for that matter). Does it offer more value than it costs? Or is it just cheap, like most of the $5 wine the big retail chains sell? Or is it marketing driven, where you’re paying for what’s on the label as much as for what’s in the bottle?
I asked the great Lynne Kleinpeter about this, because I trust her palate, in many ways, even more than I trust my own. If nothing else, she can be objective when she tastes the kind of wine that makes me want to write horrible, misanthropic reviews. Her answer: “When I would buy this wine at this price? If it was the only wine in the store, and I didn’t have a choice.”
Wine pricing doesn’t get more problematic than that.