How to sell wine before it's finished and alienate people

There are so many ways to sell wine it can make a vintner's head spin. Finding the easiest and most efficient way is the goal of every winery. Case in point: en primeur. Every spring, the châteaux of Bordeaux invite the wine world to come taste the wines that are sitting in barrel from the previous harvest. En primeur is a method for selling wine while it is still in barrel. It is often referred to as "wine futures." Payment is made 12-18 months before the finished wines are bottled. The idea behind the system is that wines may be cheaper during en primeur than when they are released on the open market. Though, with the exorbitant prices the top châteaux now charge (Mouton Rothschild, Château Margaux and Haut-Brion released their 2012 wines at €240 per bottle ex-negociant, and that was roughly 33% less than the release price of the 2011 vintage!), investment opportunities are not going to be as easy to come by as they were in the early 1980s.

Many wineries around the world offer future wines for sale, but the producers of Bordeaux have been fine tuning their system for what seems like eternity. The system has been in place in Bordeaux for centuries. Why do they do this and why do other producers attempt to do the same? Well, producers benefit from the early cash flow. They also often sell their entire inventory before the finished wines are released. Pretty good deal, huh? It's almost like printing money. Or at least painting your own masterpiece...