Wine Equity Quotient
Winemetrics’ Wine Equity Quotient™ (WEQ) measures a brand’s on-premise equity based on variety, number of listings, number of chains and chain diversity.
WEQ is a far more comprehensive metric of a brand’s on-premise influence in a specific variety than number of listings alone.
All WEQ are specific to a single variety and, within a variety, are divided by By-the-Glass (BTG) and By-the-Bottle (BTB) distribution.
How Winemetrics Calculates a Brand’s WEQ
Several elements are compiled to derive Winemetrics’ WEQ , these include:
- Number of listings
- Number of chain units with distribution
- Diversity of chain dining levels (casual, upscale casual and fine dining)
- Distribution in chains at each dining level.
Example: two brands with the same number of listings and chain presence will have a different WEQ if one brand has its distribution spread more evenly across all three dining levels, it will result in a higher WEQ.
Brand Classifications Based on Wine Equity Quotient ™ (WEQ)
Using Winemetrics Wine Equity Quotient ™, there is now an empirical method to classify a brand’s on-premise presence.*
Winemetrics uses the following Brand Classes to rank a brands on-premise performance by variety:
- Super Brand (SB) – >10% of Total WEQ
- Leading Brand (LB) – <10% – 5% of Total WEQ
- High-Recognition Brand (HR) – <5% to 0.5% of Total WEQ
- Emerging Brand (EB) – <0.5% to 0.2% of Total WEQ
- Discovery Brand (DB) – <0.2% of Total WEQ
- House Brand (HB) – specific to a single chain
*Note: all WEQ are classified by variety; all WEQ and resulting Brand Classes vary by variety and BTG/BTB.