Details - Information last confirmed on March 31, 2021
YOY sales grew 31% from 2019 to 2020!
Twelve year old business, experiencing fast growth and highly profitable due in part to Covid-19 driven shift to online wine buying. The Company offers thoughtfully curated selection of premium wines and sakes that are well-priced and endorsed by 3rd parties. In 2020, its number of Wine Club customers increased by 77% and 44% of overall transactions came from repeat customers. The website has 36,000 unique visitors per month and overall YOY sales grew 31% from 2019 to 2020. Transaction includes a 31,000 opt-in subscriber list, over 14,000 bottles of wine, AND liquor license (valued at $120K).
*Revamped website and migrated to new more full featured ecommerce platform
*Launched a complete range of sake
*Launched virtual tastings
*Changed advertising agencies to boost ROI
*Moved to third-party logistics provider
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