Pricing tiers for Wine Distributor

I'm curious how many of you would agree/ disagree with the pricing model below for a wine/ liquor distributor. The pricing listed below are for customers.

Would anyone else categorize the wines in a different price bracket? Please list your pricing if so? 

Value Wines Mid-Tier Wines Premium Wines Luxury Wines
$1-10 $11-50 $51-99 $99+
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