27/03/2023

The bulk whiskey business involves the purchase and sale of large quantities of whiskey in barrels or cases. This business typically operates on a business-to-business (B2B) model, where buyers may be bars, restaurants, wholesalers, or other distilleries looking to blend or age their own whiskey. The seller may be a distillery or a broker, and the whiskey may be unaged or aged for varying periods, depending on the buyer's preferences.

In this article, we'll explore the pros and cons of buying whiskey in bulk.

Pros:

1) Cost savings

One of the biggest advantages of buying whiskey in bulk is the cost savings. Bulk purchasing typically means a lower price per bottle or per liter, which can add up to significant savings over time.

2) Convenience

Buying whiskey in bulk can also be convenient, as it means fewer trips to the liquor store and fewer instances of running out of your favorite whiskey.

3) Availability

Certain brands and expressions of whiskey may only be available in larger sizes, making bulk purchases the only way to obtain them.

4) Investment

For those looking to invest in whiskey, buying in bulk can offer the opportunity to acquire rare or limited edition bottles that may appreciate in value over time.

Cons:

1) Storage

Proper storage is essential for maintaining the quality and flavor of the whiskey. Bulk purchases require adequate space and optimal storage conditions, which may be difficult to achieve for some individuals.

2) Shelf life

Whiskey can degrade over time, especially if it's not stored properly. Bulk purchases may last longer than individual bottles, but they are still subject to aging and may deteriorate over time.

3) Lack of variety: Buying whiskey in bulk means committing to a specific brand or expression for an extended period, which can limit the opportunity to try new varieties.

4) Large upfront cost: Buying whiskey in bulk requires a larger upfront investment, which may be prohibitive for some individuals.

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Individuals interested in buying whiskey in bulk should weigh the pros and cons carefully and determine if it's the right choice for their needs and preferences. To learn more about the business of bulk spirits buying or selling, visit the IBWSS Conference 2023.

Speakers from top companies like O'Neill Vintners & Distillers, The Wine Group, Cutwater Spirits, Target, Vintage Wine Estates, and more will take the stage and empower you to drive your bulk and private label business. There will be 24+ speakers delivering 16 talks over two days at the South San Francisco Conference Center which will include panels and keynotes focusing on taking you deeper into the business of bulk and private label.

The 2023 theme will be broken down into four main pillars: 

Private Label, Industry Progress, Bulk, Supply Chain.

Location and Dates: 

South San Francisco Conference Center.

July 25-26, 2023

*Conference begins at 9 am on both days.

Pricing: 

In-Person Conference Sessions (9 am to 5 pm)

299 USD

Your conference tickets include 2-day access to all sessions, lunch, coffee & pastry, and expo floor entry. You will also get recorded conference session access via your visitor zone for you to see the recording and PowerPoint presentations later. Grab this pass for just $299. The price goes up to $399 from April 1, 2023. The conference starts at 9 am on both days.

Recorded Conference Sessions

99 USD

You will get Unlimited access to all recorded sessions within 2 weeks of the event. International participants who cannot attend the conference can buy this pass.

Written by Stuti Khetan, Beverage Trade Network