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Tom S
 
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Default QPR-Understand the Q, Understand the P-just don't get the ratio.


"Rich R" > wrote in message
m...
> Have you ever blind-tasted any wine and put
> a price on it? That is the rub. Price is determinded by hectos harvested,
> price of bottleing, price of marketing, and other overhead.


That's a gross oversimplification of what determines wine prices.

With this in
> mind, Is QPR a meaningful metric? A perfect example is Falesco Vitiano
> Rosso. All parts of the wine fit together. Tasting in USD 50 range, yet
> costs USD 10.99. Shafer Hillside Select tastes just as good,, yet goes for
> 100 USD. So what is the ratio? Both wines are great.


First off, those wines aren't even _similar_, so comparison is rather
meaningless.

Secondly, if e.g. the Shafer is twice as good as the Rosso it's going to
cost at least 4 times as much. Pricing is done on an exponential scale, but
scarcity and demand factor into the calculation too. Gets pretty
complicated.

Thirdly? Time for a refill...

Tom S