USA: eVineyard Acquires WineBuyer.com
Last month, eVineyard announced its first B2B play, the acquisition of the rights to publish and market Restaurant Wine, a subscription-based newsletter targeted to the on-premise market with over 2,000 subscribers in the United States and abroad. The rights were acquired with the appointment of Ronn Wiegand, MS, MW as chief wine officer.
"The connections that WineBuyer.com has established in the wholesale wine industry give eVineyard a set of tools that complement our existing platform and supplier relationships," said Gerhard. "Improving our inventory management through strengthened wholesaler partnerships will enable us to offer our customers consistently efficient service and an even greater selection of wines."
eVineyard's assertive expansion demonstrates the company's commitment to furthering its leadership position in Web-based wine retailing. As the only multistate licensed online wine retailer, eVineyard is an integral part of the nation's established three-tier system for the sale of alcoholic beverages. The WineBuyer.com acquisition will enhance eVineyard's relationships within that system, which will help build its B2C business. In 2001, continuing on its track toward profitability, eVineyard will take advantage of WineBuyer.com's equities to broaden its e-business scope with revenue-generating advances into the B2B arena.
John Boone, founder, chairman and CEO of WineBuyer.com, has been named vice president of business services at eVineyard. Boone noted that the acquisition "expands eVineyard's access to the wines its customers seek while giving distributors an unprecedented opportunity to benefit from the market access provided by eVineyard's virtual storefront. It's a perfect match."
WineBuyer.com, based in Palo Alto, Calif., was developed by seasoned technology and industry professionals to help automate and streamline B2B sales efficiencies between wine wholesalers and retailers.
The only multistate licensed online wine retailer and the leader in the B2C wine market, eVineyard legally serves wine buyers in 25 states -- more than 70% of the United States market for off-premise premium wine sales. With its seven current logistic centers and the imminent opening of three additional centers, eVineyard will serve 75% of the market in 28 states.
eVineyard offers a selection of over 5,000 domestic and imported premium wines and has exceptional features such as online education, promotions and loyalty programs, sweepstakes events, a wine club and free shipping with purchases over $25. eVineyard's superior selection and delivery capabilities have led to growth averaging more than 150% per quarter since launch. The company expects to achieve profitability in 2001.
The global roll-out of InBev's Brazilian beer, Brahma, adds a third premium brand to the global brewer's international portfolio but some observers have suggested it's an unnecessary step which threat...
Brasserie Kronenbourg has clarified earlier reports about its entry into the low alcohol beer sector in France....
Costs relating to alcohol abuse in Sweden are on the rise, according to research out this week....
Police in eastern Kenya have said that at least 24 people died on Saturday after drinking illegally produced alcohol....
According to a recently published study, people who drink alcohol may have a lower risk of developing a type of cancer which affects the lymphatic system known as non-Hodgkin lymphoma (NHL)....
Diageo is calling for facts labels to be placed on alcohol beverages in the US....
Kenyan authorities are to ban beer and spirits advertising from television and billboards in the country, according to a local report late last week....
Post-menopausal women who consume even moderate amounts of alcohol may face an increased risk of breast cancer, according to a comprehensive US study....
- The category today - Scotch Whisky I
- Protein interest offers drinks opportunities - NPD
- Today's Market Trends - Scotch Whisky II
- Tomorrow's Market Trends - Scotch Whisky III
- Key Brands Performance - Scotch Whisky IV
- Analysts clash over AB InBev SAB Brexit impact
- Pernod switches Travel Retail Europe op's director
- AB InBev unveils Stella Artois three-packs
- Beam Suntory names CFO, makes structural changes
- Rum "yet to maximise" GTR potential - Bacardi
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Keurig Green Mountain in Hot Drinks (World)
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends