Starting a wine store or wine business requires that you have a bit of wine knowledge and understand the different types of wine, because most times, you’d be offering advice and suggestions to your customers on the type of wine that is befitting for different occasions.
Such advice and suggestions
A few years ago, running a retail wine store requires that you own a physical store and stock your shelve with wines of
With the internet revolution, you can now operate an online wine store where people can easily communicate with you, place an order and you deliver to them.
However, this is a very delicate process and requires some level of trust before your target audience would begin to order from you.
So what are the necessary requirements for running a wine business?
1. Wine knowledge.
As required of every business, it is important that you have a bit of wine knowledge, if you wish to effectively run a wine business. Having wine knowledge would increase your authority status in the mind of your prospective customers.
It opens up the path to building trust and creating lasting relationships because you’ll be sharing your knowledge with your prospects/customers and guiding them through the process of wine selection.
2. Finance.
You need money to run a wine business. That’s the truth. Depending on the kind of wine you wish to stock, money is very relevant in this line of business. Some wines are quite expensive and the expensive wines are what a good number of people are interested in purchasing.
Depending on your location, you should budget about 500k – 700k to start your business. That’s for a small scale wine store and the amount does not include the price for renting a store or putting up a wine shelves. The amount is for stocking up your store for a start.
The more sales you make, the more you get your store stocked up and gradually, you’ll grow from there.
3. Location.
An important factor that you must consider before starting your journey into the wine business is
You need a good location to succeed in the wine business. Your business should be located in a busy part of the city where legs and cars can have access to your wine store.
If your wine store is in a hidden place, it would affect your sales, because many people would not see your store. Visibility matters a lot in business, especially in this age and time where attention is short-lived.
4. Find a reliable supplier.
One of the best and easiest way to grow big in
REVEALED – 5 Easy Ways To Identify A Fake Champagne.
Once you have this sorted out, then you’re on the right track to becoming successful in running a wine business.
If you make Wine House Nigeria your supplier, be assured that all the wines you will get are 100% authentic. We have so many wine stores in different part of Nigeria that get their supplies from us and they are very happy with our services, and also, they are making
5. Have an online presence.
One factor that helps businesses to achieve growth in a short period of time is visibility and the internet offers that through social media.
Get a social media presence on Facebook and Instagram and promote your business there. Social media makes communication easy and offers a platform for effective storytelling.
6. Promote your business.
If you have a business and nobody knows about it, you won’t make sales and when money is not coming in, you’ll be out of business in a short time.
Talk to people about your business. Market yourself. Promote your business with every opportunity that you have. Visit hotels, wine bars, clubs and inform them that you can supply them wine whenever they need it. Talk to your friends and family, when they need wine for a birthday party or any celebration, they should contact you for wine.
Sales is a game of number. The more people you can reach, the higher your chances of converting a few of them into paying customers.
You can promote your business through social media, influencer marketing, blogs, directories, google adverts etc.
Attend wine events, network with people and leverage on your good relationship with them. Ask your customers for referrals. If they are satisfied with your services, they would be glad to refer their friends to you.
Having a wine store or running a wine business comes with many challenges like getting customers and making sales but that should not discourage you because every business has its challenges too.
Go ahead, start the business, learn the process, put in the work, be patient and you will become successful.
If you would like to get in touch with us, follow us on Instagram to learn more about wine and grow your wine knowledge. CLICK HERE to follow us on Instagram.
Do you find this post helpful? let us know in the comment section. It would be a pleasure to hear from you.
Comment below and tell us what you think.
Do you want to start a wine business in Nigeria? Call or Send a WhatsApp message to us to get the best wholesale prices and start your own wine business today.
The number to call or WhatsApp is 08135262270
This is one of the best have seen so far regarding start up in the wine industry. Thank you so much for providing the information.
Thanks so much, this is slot of help. Exactly what I needed.
You’re welcome, Celine.
Hallo Iam interested in importing wine from Spain To nigeria
Hello Emmanuel, that’s a good decision. Get the required license/certification from Nafdac and you will not have a problem selling the wine in Nigeria.
We wish you all the best. If you want to talk more on this, kindly send a message to us on WhatsApp 08135262270
Nice information indeed. Thanks alot wine house Nigeria.
It’s a pleasure, Rosy.
thanks I really appreciate what I learn from u people I will be following u people thanks
Awesome. We’re glad that you got value. Keep following us, we will share more.
Kudos To Wine Store Nigeria, U Have Really Said It All, God Bless You….Join The League As Soon As Money Is Available
Cheers, Taiwo.
I am planning to open a wine shop in my area in Abuja. I have passion for wine business but really don’t have a sound knowledge of it.how can you help me achieve my target
Hello Richard, I believe the information provided here are enough to get you started. What other information do you seek? Reach us on WhatsApp with 08135262270.
I am planning to open a wine shop by june. Please I really need your advice. Let me follow you on ig and WhatsApp for more knowledge. Thanks
Many thanks for this helpful write up especially because I’m interested in becoming a wine store owner soon. Useful info really.
We appreciate the kind words, Moses. Get in tough with us when you are ready to start your own wine business. You can send a WhatsApp message to 08135262270
Thanks for sharing Sir.. I intend opening a wine shop/ bar together when I have the funds..
Great decision Paul.
Once you’re ready to start, reach out to us and we’ll supply you with 100% authentic wine and liquors.
Thanks for the great informations, I really want to set up a wine business,but I’m the owner the person to fund the business is sister she base abroad, but am here to supervise the business, I a good relationship with you guys on how to succeed in the business
Hi Charles, feel free to send us a message on WhatsApp for further discussion on setting up your wine business. Here is our WhatsApp number 08135262270
This post is actually very precise and insightful one of the best i’ve read in recent time, thanks for the information and looking forward to work with you someday.
Hello Emmanuel, we look forward to working with you pretty soon.
Cheers.
You would usually find a DJ playing good music, something to munch on and a nice sitting place in a wine bar. You would need a permit from the government to run this type of business so it is important that you pay a visit to the relevant authorities before you start.
That’s correct. You will need to obtain the necessary permit before starting a business.
Great article! So my question is this: Do you know of a website I can learn how to start a small business? The reason I ask is becuase I’m new to business and I’m having a really hard time learning. Thanks and take care! 🙂
Hello Ulrike, visit https://www.entreprenuerbusinessblog.com there, you will find interesting articles that would guide you.
What are the necessary license you need to obtain after registration bf your business
You need a liquor permit from the local government where your store is to be located.
All other fees are from the local government too, including radio/TV, signage (if you want to have one)
I hope this helps you.
Goodluck.
You said starting a wine business requires like 500k to 700k, but am having 400k and am willing to start the wine business can I get wines with such amount from #winehousenigeria
Hello Ifeoma, with 400k you can startup, then as you make sales, you will begin to stock up your store the more. Kindly send a mail to winehousenigeria@gmail.com or call 08135262270 to speak with us for guidance. Thank you.
Hello
dear I am DOSSO from the company KALIVITIS, we are wine producer in
BORDEAUX region.we are looking for business partners to expand our business
In the African continent, we will be delighted to be able to be among your suppliers.
attached to this mail you find our catalog, staying at your disposal for any
other information
cordially
VAISSOUX DOSSO
+33 06 31 67 30 73 http://www.kalivitis.fr
Hi DOSSO, thank you for reaching out. We will be in touch when the need arises.
Thank you for this amazing info on wine business. I’m very much intrested in setting up my own business but I don’t the capital for it now. I’ll get in the moment I’m ready.
You’re welcome, Doris. We shall be looking forward to hearing from you soon.
Good evening winestore, please can you give a list of wines i can start with if I’m starting with 300k. thanks in anticipation
Send a message on WhatsApp to 08135262270
What if 400k is the capital…won’t that be enough to start the business?
You can start with that amount and grow from there.
Can I start with 300k
Yes, you can. However, the 300k must not include the cost of renting and fixing your store. You understand?
This is interesting, I have it in mind to own a wine shop soon
We will gladly supply you original wines at amazing wholesale prices.
Good evening, can I be able to get a list of wine that I can be able to startup with 400k
Good evening, can I be able to get a list of wine that I can be able to startup with 400k?
Hello Julius, kindly send a message to us on WhatsApp with 08135262270 for further inquiries and discussion on starting your own wine business in Nigeria.
This is really nice. I’m about to start my wine business with 40000k can that be really okay for a mining shop. Pls would really need reply
Hi Korede, 400k would give you a fair small start. Go ahead and launch. Call/WhatsApp us on 08135262270 for further discussion and getting your wholesale supplies.
Hi am David, am glad about the information you shared here, you really touch light so many life and analyst it properly.
I must recommend that ive been searching online about what you shared here. Am really interested starting up my wine business and Wine House Nigeria will supply all my wines.
Hi am David, am glad about the information you shared here, you really touch light so many life and analyst it properly.
I must recommend that ive been searching online about what you shared here. Am really interested starting up my wine business and Wine House Nigeria will supply all my wines.
Hello David, we are glad that you found the information valuable. You can get in touch with us on WhatsApp for supplies, when you are ready to start your own wine business. Our WhatsApp number is 08135262270
hello wine house .do you deliver to abuja? in bulk
Hello Jennifer, yes we do.
Reach us on WhatsApp with 08135262270
Wao, am so happy about this information, I never knew one can start a wine business with a sum of 500-700k, winehouse I hope u will be pleased to supply me once I start my wine business.
Hello Olamide, we are always here to serve you. Contact us via WhatsApp on 08135262270.
Thanks you wine House for the information now I can start somewhere but I needed an environment to know types of wine so that if I am placing an order for wine I will be able to tell my supplier the name and number of a particular brand of wine I need. I base in Abuja.
Hello George, you can contact us on WhatsApp for further discussion. Here is our WhatsApp number 08135262270
Am much interested in this wine business,can I start up with 200k will it go at least along way of Goods
No, it will not.
I need to know about the wine/liquor business cos I intend opening a shop whereby I can sell in cartons or bulk to smaller shops who then sell to the final consumers . I need to know how profitable it is to run the business
OK.
I’m thinking of opening a wine store by ending of this year after my service. For now I have 800k. I really wanna know how profitable it is
Hello Taiwo, feel free to chat us on WhatsApp. Here is our number – 08135262270
I love this business so much but don’t know how to go about it, I can finance it but scared because I don’t have a sound knowledge.
Hello Queen, you can send us a message on WhatsApp to 08135262270
Please if i start my own with 400k like how much will i get on it
Send a Whatsapp message to us on 08135262270 for more information.
Am so grateful for this knowledge and I will love to start a wine business
Great. You’re welcome to becoming one of our esteemed customers.
How quantity is it gonna be when I start up with 400k