With the offer for their 2014 Cabernet Sauvignon lineup Schrader announced a price increase of $50 per bottle bringing the cost per bottle before shipping and handling to $225. The increase was surprising as Schrader has alway promoted their commitment to low prices vis a vis other sought after Napa Valley Cabernets.
I don’t fault Schrader for the price increase. Comparable wines from the likes of Colgin, Araujo and Harlan are substantially more expensive. What bothers me about this, is the swift 30% price increase. I’d have preferred a gradual rise in prices over many years without the mantra of low prices for mailing members that seemed to be the calling card of Schrader.
I have no doubt that the wines will sell out even at the new price. That being said I think there is anecdotal evidence that they offered wine to a large portion of their waiting list. The coolest thing about Schrader in years past was that the wine competed with Napa’s best at a fraction of the price. That made it relevant in the wine circles I travel in whereas wines like the aforementioned Colgin, Araujo and Harlan are rarely ever seen. With another price increase this might be the fate of Schrader as well.
As Schrader was raising prices they also instituted a policy that mailing list members would be removed from the list for flipping the wines. Screaming Eagle has been doing this as well going back many years.
Ultimately I decided to pass on my allocation. I have enough Schrader in the cellar to get through the next decade. I also have no shortage of access to Cabernet made by Thomas Rivers Brown including Outpost and Rivers-Marie. These wines may not have the pedigree of Beckstoffer Vineyard, from which Schrader is sourced, but TRB’s signature is all over them. Given the choice I’ll side with an Outpost Cabernet at $85 and an Outpost True Vineyard Cabernet at $125 over a single bottle of Schrader at the new price of $225. In fact I’ll even have $15 left over to invest in Powerball tickets!
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6 thoughts on “Thoughts on the Schrader Price Increase”
While not $200, there are several Washington wines moving up the price ladder that are making me re-think my purchasing power. I have been on Reynvaan and Force M. List for years, but they seem to be pushing the envelope lately. Stoneessence received really high scores, and they decided to have a price jump all at once too, but just for that wine. Horsepower just decided to start their prices high. Like you said though, people will pay. It hurts a little though when you buy a wine for $55 a few years ago, and now it’s $90.
Price increases, timing of the mailers, the economy. Lots of things stacking up against wineries right now. I still contend that is why wineries like Bedrock, Carlisle, Rivers Marie will continue to crush it with great wines and fair pricing.
Wait list is definitely moving because I finally made it. Had to order this time but not sure I can maintain. Too many choices, everything getting pricy. Hard to make cuts, but it will be necessary.
Thanks for commenting. The wines are outstanding. You’ll enjoy them.
Made to the list but gave it up. No regret, as Tom said, I’ll enjoy Rivers-Marie and Outpost without worry.
I’ll stick with Dalla Valle, Ridge Monte Bello and Blankiet.