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Press Release - Wine Owners announces Robert Parker deal

by Wine Owners

Posted on 2016-07-21


Members of Wine Owners, who use the ground-breaking 3 year old collection management platform and integrated wine trading exchange to manage and track their wines and buy and sell with their peers, can now gain access to Robert Parker reviews and content as part of their Wine Owners premium membership plans.

Their fully inclusive 12-month subscription to eRobertParker.com gives:

  • Access to more than 300,000 professional tasting notes, Wine Journal, Hedonist's Gazette restaurant reviews, and direct chat with Reviewers via Bulletin Board.
  • Global series of Matter of Taste events at members' price
  • Access RP Global Benefits Program to enjoy members' privileges.
  • Robert Parker mobile app.




Wine Owners Founder, Nick Martin, said “We are delighted to have reached agreement with the Robert Parker Wine Advocate team to provide an annual subscription and access to their service for our premium members. We are honoured to be partnering with them and including this must-have content within our membership plans.”

“Our goal at Wine Owners is to make each person’s journey into wine appreciation more transparent and informed; to empower them through providing the tools, information and low-cost direct market access that we all want”.

“As a wine enthusiast since the mid 1980s, Robert Parker’s insights were an essential information resource for me as my interest in wine grew. We are thrilled to share that experience with collectors who today rely on the Wine Owners platform, and with the new generation discovering wine.” 


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NOTES TO EDITORS

About Wine Owners

Wine Owners is a UK headquartered wine collection management and peer to peer trading exchange platform that launched in June 2013, specifically developed to meet the needs of wine lovers and collectors around the world. 

Wine Owners brings together the collector passion, fine wine knowledge, technical and data know-how to create a comprehensive and effective platform for fine wine appreciation and trading.

Today the platform is used by 15,000 members in 19 countries who manage £500,000,000 of wine. It is an authority on wine valuation and provides information and market transparency to its thousands of members.

About Robert Parker

Robert Parker is a leading U.S. wine critic with international influence. Credited for popularizing the 100-point wine rating scale, he has built a talented team of global wine experts to expand the scope of reviews produced.

Robert Parker Wine Advocate is the most influential global guide to fine wine buying and is a major factor in setting prices for newly released vintages around the world, particularly in Bordeaux.

In 2001, Wine Advocate team launched online website RobertParker.com – The Independent Consumer’s Guide to Fine Wine. 

About RobertParker.com

From its beginning in 1978 as a detailed consumer’s guide that is 100% subscriber funded and supported, Robert Parker Wine Advocate quickly established itself as unbiased, in-depth and highly influential globally. Both wine trade professionals and collectors/connoisseurs read through over 30,000 reviews annually. 

Today, RobertParker.com is one of the most viewed wine sites in the world with an average of 1 million visits per month, and includes a dynamic Bulletin Board where members can trade experiences about wine, food, travel and luxury lifestyle choices. 

Robert Parker Wine Advocate also hosts Matter of Taste, a series of global events bringing the iconic wines of the world to all Robert Parker members – held in 9 cities in 2014-2015.


Independent full service fine wine management

by Wine Owners

Posted on 2013-04-04


Wine Owners – https://www.wineowners.com - the world’s first full service, independent fine wine asset management and trading exchange created by collectors for collectors, has just became finer still with the release of a new version inspired by user suggestions received over the last five months since the first release.

The Wine Owners platform is unique and is the first complete fine wine management solution for the whole spectrum of wine owners from enthusiasts to investors. It provides a wide range of integrated complimentary services and powerful tools for portfolio management - understanding, updating, analysing, comparing - and trading fine wine collections; inspired by the experiences of its founder, Nick Martin.

A veteran business leader from the world of information management and marketing, and with little spare time to devote to managing his beloved collection, he found it painfully time-consuming to trawl the Internet researching potential purchases and reviewing his wines. Martin says: “There are some very basic questions I want quick answers to: how much have I spent to date?; what’s a wine honestly worth if I wanted to sell it tomorrow?; how have my wines performed?; what should I drink now or drink up?; what do I have too much of, and what should I think of selling to make room for what I’d like to buy next? The answers were out there but it was really time-consuming work piecing together the disparate sources.

“With this new release, Wine Owners provides answers to all those fundamental questions and a lot more besides, and is freely available thanks to a complimentary subscription. “Determining what a wine is really worth demands a reliable pricing database. The process of price discovery is, after all, an essential precondition to any good trading environment. Buyers and sellers alike need the certainty of knowing at what price a wine is likely to find a market. Transparency and easy access to information empowers private clients to take decisions, just as many already do for their traditional investments.”

Wine Owners teamed up with Wine Searcher which sources pricing data from 25,000 merchants worldwide representing millions of real retail price points. Using proprietary algorithms, Wine Owners calculates a Market Level for each one of 85,000 wines in its referential database, based on the supply characteristics and spread of actual market prices for each one.

Martin believes that Market Level pricing is a significant step forward in bringing greater transparency to a highly fragmented market. “Private clients have the right to know at what level their wine is likely to sell, and therefore its true worth. Buyers have a right to know what is fair value,” he says.

“With the price escalation in fine wine witnessed over the last decade, the challenge of valuations in a burgeoning wine fund scene, and the opening up of large new markets such as China, reliable price discovery is more important and challenging than ever before. It’s one that Wine Owners simplifies for subscribers who can value individual wines or their entire collection freely.”

Martin’s desire to solve his fine wine needs also extended to secondary market trading; he yearned for more control over how his wines were sold. “Selling via the secondary fine wine market can take time, from the moment a private client gets quotes to the receipt of funds following settlement, commonly months later,” he says. “Many wines can sell well through traditional channels, others don’t. There had to be a simple alternative that would give me the transparency, control and choice I craved.” Martin says that none of the existing cellar management products and online sales options solved these problems. “Wine enthusiasts and collectors are crying out for the whole cycle of collecting to be made easier for them, and that can only happen when a single platform integrates physical storage with portfolio management, price discovery and safe, assured trading,” he says. “That’s what we mean by full service and is exactly what Wine Owners delivers.”


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