eVineyard
has had to expand another of its fulfillment facilities as its orders keep growing.
Sales have increased fourfold since it bought the wine.com URL and customer
database from a failed rival in July. As competitors close their doors, eVineyard
has needed to grow to cope with their clients and the growing market for online
wine buying. Americans spent $72 million buying drinks over the Internet last
year and the amount spent is expected to increase by an average of 65% each
year until 2005. By then, nearly 3% of the wine sold in the States will be bought
online.
US online wine market, 2000-05
| 2000 | 2005 | |
| Market value ($ millions) | 72 | 868 |
| % bought online | 0.3% | 2.9% |
|
Source: Datamonitor, 2001:
” eFMCG Opportunities” |
||
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
