With 800,000 Customers And Over 26,000 5-Star Reviews On Trust Pilot, Splash Wines Is Reinventing D2C In The Wine Industry
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By Faith Ashmore, Benzinga
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While the e-commerce market has been strong for decades, COVID-19 propelled the direct-to-consumer (D2C) model to the forefront of businesss minds. Consumers have increasingly turned to online shopping for convenience and safety. Brands like BarkBox (NYSE: BARK), Blue Apron (NASDAQ: APRN), and Harrys are all prime examples. The global subscription e-commerce market is projected to reach $904.2 billion by 2026, with an increase from $72.91 billion in 2021 to $120.04 billion in 2022. With social distancing measures still being followed around the country and consumer behaviors shifting, the ability to have products delivered regularly to the doorstep and tailored t...
