“…By structuring the findings of wine-related studies on the basis of recent research with regard to value management (Orth et al, 2005;Wiedmann et al, 2007Wiedmann et al, , 2009, the desire for and the consumption of wine seems to involve several dimensions of customer-perceived value including financial, functional, individual and social perceptions (Boatto et al, 2011;Saenz-Navajas et al, 2013;Ferrarini et al, 2010;Terrien and Steichen, 2008). Additionally, situational determinants, experience and needs of the consumer have to be taken into account (Cohen et al, 2009;Hollebeek et al, 2007;Veale, 2008;Charters and Pettigrew, 2006).…”