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” |
||
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