Industry Analysis & Industry Trends
Over the past five years, the Online Beer, Wine and Liquor Sales industry's revenue has skyrocketed, partly thanks to the expansion in households with internet connections. In the coming years, industry is expected to grow, thanks to an increase in time-strapped consumers turning to the internet for alcohol purchases.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Online Beer, Wine & Liquor Sales market is very fragmented, with most industry retailers comprising less than 5.0% total market revenue. Regulations for alcohol sales and direct-to-consumer shipping laws, which vary on a state-by-state basis, have made it arduous for online alcohol retailers to capture a large portion of market share. The majority of states ban online retailers from directly shipping alcohol to local residences, unless the retailer has operations within the state. In turn, the cost of doing business on a national scale has significantly increased, as retailers may have to open up operations in multiple locations.
Consequently, many of the advantages associated with online retailing, such as reduced brick-and-mortar expenses, have been dampened over the period... purchase to read more