Once you have decided to sell one or several wines on ShareWine, you have to price your wine in your ad. You can consider different pricing models. Some sellers choose to start their price very low, to arouse the interest of potential buyers. Others, on the other hand, choose to start very close to the price they want it to end at, or directly at the price they want. These options have advantages and disadvantages. However, our data on ShareWine shows that it offers significantly greater success with attractive starting prices.
If you are not sure about how much your wine is worth, you can use WineSearcher, which we have made integrated with. WineSearcher is a global database that contains a large part of the world's wines and provides price estimates. Be aware that the rarer the wine, the less accurate the assessment may be in some cases.
Once you have entered the name of the wine, the system will automatically try to match it with the WineSearcher database. Then you will be shown the estimate which is in the database.
To show the bidders that you have set an attractive price, you can choose to leave the WineSearcher rating visible on your ad. It is of course optional whether you want to use this feature or not.