How to list your wine for sale
Through your Lay & Wheeler Trading Portfolio Management account, you can now list your wines for sale yourself without needing your account manager.
- Set any wines which have not already been listed for sale yourself
- View live market prices from other merchants/traders – data provided by Wine-Searcher
- View your net proceeds and profit/loss when setting your listing price
- Listed items will be set for sale on the Lay & Wheeler Trading website, and will be shown on Wine-Searcher and Google Shopping. Increasing your chance of selling your items.
We’re committed to giving you more flexibility to manage your portfolio to help you maximise your returns.
Follow the steps below to learn more about how to list your wines for sale.
Access your portfolio
Go to the ‘My Portfolio’ section of your Lay & Wheeler Trading account and click the ‘Access my portfolio’ button.
If you have never done this before, you must confirm your email address and click the ‘get code‘ button. Once you receive an email with the authorisation code, enter it where asked on the ‘My Portfolio‘ screen. You will only need to do this once.
Once confirmed, you can access your portfolio and will be redirected to our custom portfolio management area.
Follow the next steps to list your wines for sale.
Understand which items are already listed and which you can list for sale yourself
Firstly, it is important to understand which items are already listed and which are available to list.
Previously, to list your wines for sale you would have needed to organise this through your account manager. Under the column ‘For Sale‘, if you see a green tick icon, these products would have been listed for sale by your account manager as per your request. If you want to edit or manage this, please contact us.
Where you see a red cross icon, this item has not been listed and providing it’s not on a delivery request you will be able to list for sale yourself. Continue to the next step to see how.
If you see a blue tag icon, this means you have already listed this item for sale yourself. Currently, you cannot edit this listing yourself, so you will need to contact us to make any changes.
List an item for sale myself
Any products which have a red cross icon under the ‘For Sale’ column, you are free to list for sale yourself.
Go to the ‘Consigned’ column and click the dark blue tag icon. This will redirect you to a new screen where you’ll be able to see all available listings and the prices on Wine-Searcher. This will enable you to set a competitive price, in line with the market.
Check prices and create your wine listing
- This section displays live wine market prices from various merchants as listed on Wine-Searcher. This will give you a good indication of what price you could list for to remain competitive in the market and increase your chances of selling. Please be sure to check your prices as data inaccuracies may occur and Lay & Wheeler Trading can not be responsible for any mistakes made.
- Select the quantity of bottles or cases you wish to list for sale. You have the option to list all, one case or a specific number of cases.
- You have the option to price your listing by bottle or case price. Select the option you prefer and type in the box your price. You can also select a finish date for your listing.
- The net proceeds display the final price you will receive after our margin has been withheld. You can also see your profit/loss based on the cost price vs your net proceeds. This can work as a good indicator to help pick up any mistakes when setting your prices.
- Agree to our terms and conditions, then click ‘Save’.
Confirmation and editing listings
You have now successfully listed an item for sale yourself and can view a summary of your listing.
Unless otherwise stated, your listing will be automatically approved and will shortly be listed on the Lay & Wheeler Trading website, Wine-Searcher and Google Shopping.
Currently, it is not possible to edit or cancel a listing yourself, so if you wish to do so you will need to contact your account manager. We hope to provide this functionality in the near future.
Once your item has sold you will receive an email confirmation and your account will be credited with the net proceed amount. You can either use this credit to purchase more wines through us or withdraw it after 30 days.
For further questions, please refer to our FAQs below.
Listing wines for sale FAQs
On your portfolio under the column ‘For Sale‘, if you see a green tick icon, these products have been listed for sale by your account manager as per your request. If you want to edit or manage this, please contact us. Any products which have a red cross icon under the ‘For Sale’ column, you are free to list for sale yourself. If you see a blue tag icon, this means you have already listed this item for sale yourself. If you want to edit your listing, click the price in the consigned column.
When listing wines for sale, if the products are In Bond and remain In Bond (or Duty Paid and remain Duty Paid) then no payment of taxes is required. Payment of Duty and VAT needs to be settled before delivery, if not settled upon purchase, when delivering to the UK. If you are based outside of the UK, you are liable for settling the Duty and VAT in your own country.
For information on how to request delivery of your wines through your portfolio, please click here.