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The $340.23 Billion Wine Market Has A Brave New Contender For Its Throne. Here's How To Invest In It At $1.87 Per Share

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The $340.23 Billion Wine Market Has A Brave New Contender For Its Throne. Here's How To Invest In It At $1.87 Per Share

The global wine industry keeps ratcheting up, but a change is on the horizon. 

In 2021, it was valued at $340.23 billion, and some projections say it will reach as much as $412.91 billion by 2027. While it seems that there's no stopping wine, future generations may be buying it differently.

The Dutch Ministry of Foreign Affairs expects online wine sales to climb at a rate of 15% per year across developed regions such as Europe and the U.S. As Amazon.com Inc. doesn't distribute wine, somebody else will reign supreme in this arena. One startup you can invest in today is throwing its hat into the ring.

Splash Wines was founded as a family business with three generations of experience in the alcohol space. Now, e-commerce has been added to the mix, and the business records continuous growth. With Splash Wines, customers can order wine and have it delivered to their door within two to three business days. This feature would probably be enough to carve a slice of the market for the company, but Splash Wines offers a lot more.

The wine on the company's website has been expertly selected. Customers can create their own cases or order curated collections.

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What has the market's response been to this business model? Splash Wines tripled its revenue in the last three years and reached $30 million in 2022 while still focusing on lifetime value and long-term goals. Through decades of experience, the company's leadership has learned the value of actionable customer service.

The company boasts over 30,000 five-star reviews on Trustpilot, and it has an average of 4.6 stars. Customers who have bad experiences often are the most motivated to leave reviews on Trustpilot, so the number is impressive. 

Splash Wines shipped 4.5 million bottles in 2022. While that number is high, there's still room for growth. Americans drink around 4.3 billion bottles of wine per year, and more than half of them fall within the $4 to $11 range. That's why 9 out of 10 bottles in Splash Wine cases cost less than $10.

Splash Wines is valued at $30 million, and for a limited time, you can buy a stake in the company at $1.87 per share.

Click here to invest in the future of the wine business.

Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer's securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information.

 

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Posted-In: .Startup Investing Splash WinesStartups