Did you know that vodka isn’t the world’s best-selling liquor, but a Chinese spirit made from sorghum called Baijiu is? Similarly, in the United States alone, whiskey has become more and more popular amongst consumers. In order to keep up with the demands of consumers and boost your business, whiskey investments can prove to be extremely profitable.
While most brands of alcohol will never go out of style, the class and reputation of high-quality whiskey will always make it a sound investment. Investments in high quality whiskey can help you or your business achieve success if you’re in the alcohol investment field. With that in mind, Brindiamo Group has put together a thorough list of the reasons why now is the right time to invest in whiskey.
Here are 4 benefits to a Whiskey investment:
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Increased Demand
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Specialty Casks
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Long Term Rewards
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Storage Solutions
Increased Demand
Demand for high quality whiskey has increased in just the past year. While whiskey was once considered a more masculine drink, it has evolved into more of a respected, luxurious beverage. The whiskey industry is beginning to treat it similarly to types of expensive, aged wines. Since whiskey has quickly become a booming segment of the investment market, now is the ideal time to secure quality whiskey bottles, casks, or distilleries.
Specialty Casks
The release of numerous limited and special edition whiskey bottles from several years ago is one of the reasons why whiskey investing has such a big appeal. The limited edition bottles and casks are highly valuable, regardless of whether you are an enthusiast collector or investor. In the past, some limited edition bottles of whiskey may have only been made in twos, so if you’re able to obtain a rare, quality product, don’t pass it up. Long-term storage makes alcohol more valuable!
Long Term Rewards
An investment in the right whiskey can be a long-term investment for both you and your business. Whether you intend to store older whiskey for ten to twenty years, or purchase already vintage, limited edition bottles, the longevity of whiskey investment can be quite beneficial. Distillery shares, bottles, casks, and even casks of whiskey are all ways to invest in whiskey. Different types of investments come with different risks, however.
If you are looking for long-term investment benefits, distillery shares can be more beneficial than individual bottles for your business or investment plans. Until recently, limited and special edition whiskey bottles were considered special, but now they are considered vintage, and those bottles are even more valuable. In the long run, you might be rewarded ten-fold if you are patient with your whiskey investments.
Storage Solutions
The ease of storage is one of the main reasons why whiskey investing has become so popular in recent years. Most whiskey can be stored in almost any environment, making it easier to store than wine. People looking for a convenient approach to managing bulk liquor options can often find this useful. Though, you may need to spend more time planning and thinking if you are a whiskey collector who wishes to keep quality bottles for longer periods of time.
How to Store Your Whiskey Properly
Keep the bottles upright so that the cork does not get damaged, and store the bottles at temperatures below the room temperature when you store whiskey. Each of the above elements will assist in preserving your whiskey for years to come and reduce the amount of whiskey that evaporates. If you have a specialty whiskey brand, be sure to communicate with your distributor to ensure a proper storage solution.
Brindiamo Group Helps Connect Investors and Producers
Investing in the right whiskey for you or your business can be a difficult feat, especially if you’re new to the alcoholic beverage industry. When considering whether or not to invest in whiskey, you may need some more help deciding what is right for you or your business.
Brindiamo Group helps you navigate the spirit-investment process without stress. Contact Brindiamo Group today!