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14/09/2018

BIX - your platform, your wines, your opportunity

by Lewis Byrne (Head of BIX & Client Reserves)

BIX (noun):

  1. A service provided by BI Wines & Spirits to provide accurate valuations and facilitate the trading of wine portfolios
  2. An online wine trading platform where you can find the rare, the ridiculous and the downright delicious

Alright, so BIX hasn’t officially made it into the OED yet but those definitions are most definitely true. I’ll keep working on my pitch but in the meantime, let’s talk about the last 12 months.

Looking back at the year from August 2017, we have sold a whopping £5.1m worth of your wine on BIX. Not only that, more and more of you are joining this amazing online community of wine traders as we have seen 53% growth in its user base over the same time period. That tells me that you value this service, it works for you and that you’re helping to spread the word to friends, colleagues and fellow wine lovers. You are BIX and its success is not possible without you – so thank you very much.

Akin to an end of season award ceremony (minus the spangled tuxedos), some nods need to be given to our stand out performers over the last year. So, without further ado:

Most Valuable Region:

Winner – Bordeaux. Proving to the doubters and naysayers that Bordeaux is most definitely not boring, we saw more wine traded in this region than any other. Bravo!

Most Valuable Producer:

Winner – Armand Rousseau. Mercurial, ethereal, genius. Those are just three superlatives that could be used to describe the wines from one of the finest Domaines in Burgundy. You guys clearly know your stuff, as you traded more from this grower than any other.

Most Valuable Vintage:

Winner – 2005. Perhaps unsurprising. In Bordeaux certainly, this was heralded as the vintage of the century and was pretty damn special in other regions, such as Champagne and the Rhone. A worthy winner in my book.

The key point that I want to put across here is that by storing your wine with us and using BIX, you have access to some incredible wines. If you’ve gone and bought too much wine (we’ve all done it) and need to free up some cash, BIX can help you do that. If you’re looking to start or back fill your own collection then BIX can help you do that too. We have everything from bottles of Clinet 2005 to salmanazars of Valdicava’s Brunello 2010. Check out what's new on BIX here.

Our storage and BIX services are ones that I really care about and I genuinely believe that we are better than anyone else. I am always happy to help you move your wines across to us so that you can take advantage of these services and our warehouse is fast and efficient in getting your wines checked once they arrive. If you’re thinking about consolidating your wines with us, just drop me a line and we’ll have a chat. No jargon. No BS. I’ll guide you through it all.

Be part of this ever growing community. It is what you make it.