Trade Methods - Selling

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The following trade methods are available when adding your sell listing

Auction

• Method: Auction allows you to set a minimum reserve price. All auctions remain open for 72 hours. The buyer submitting the highest bid price (above the reserve) earns the right to purchase from you.
• Benefit: An efficient and quick method to sell your wine at the best available current market price. Ideal for testing the market’s demand and converting inventory capital to cash.

Best Offer

• Method: A by-negotiation method. Receive offers from multiple buyers and make counter offers, and accept or decline prices and supply terms.
• Benefit: Provides comprehensive engagement with buyers to reach an outcome acceptable to you. Enables negotiation only on the components that you agree.

Buy Now

• Method: Sell your wine at a fixed, non-negotiable price. Only supply terms, incoterms and delivery timing can be negotiated.
• Benefit: Only accept a purchase at your price. A trade method to consider when the market is balanced or supply is short for the wine you’re selling.

Swap

• Method: Negotiate and exchange volumes of different wines, to the same total value. VINEX provides a Swap Offer Calculator to assist in your negotiations.
• Benefit: Enables you to balance your inventory levels while protecting your cash flow by anonymously offering to exchange wines with other producers, on agreed terms.

Pre-Harvest Buy Forward Contract*

• Method: Negotiate supplying next vintage wine based on a current stylistic sample and product specification. 
• Benefit: Based on your projection of the market, this method can lock-in future sales and provide you with greater confidence in planning your vintage and production volume.

 *Only available to Premium and Corporate members