Followers | 1349 |
Posts | 34966 |
Boards Moderated | 1 |
Alias Born | 09/22/2011 |
Thursday, March 30, 2023 2:08:37 PM
CEO Jef Lewis stated, “The business efficiency of e-commerce is being realized by the beer industry. We are supporting these revenues with an effective social media marketing strategy for BrewBilt’s direct-to-consumer (DtC) sales push. According to a report by Sovos ShipCompliant, in partnership with the Brewers Association, among regular craft beer drinkers who would like to purchase beer DtC, 92% say if they could do so, they would make these purchases once a month or more. In addition, 67% of regular craft beer drinkers aspire to have beer shipped directly to their homes in 2022. Online sales in the US have grown more than 500 percent since 2019, and large companies such as Drizly expects 20 percent of off-premise beer purchases to be transacted online over the next five years. BrewBilt’s craft beer is expected to represent a portion of the growth segment of the craft beer industry over the next five years. From Seattle to Miami microbreweries are revitalizing and reinventing beer sales as we know it, and industry experts expect the craft beer trend to continue to grow in relevance in the coming years.”
Jef Lewis further stated, “As we finalize our franchise hospitality contract, the Company is on target to file the audited financials for the year-end of December 31, 2022. Our sales growth rate has increased more than 330% since we started production in July 2022. We have 154 active customers with a customer retention rate of 80%.
On-premise (bar/restaurant) and off-premise (grocery/retail) account sales are neck in neck, and we continue a linear growth trajectory as we gain more acceptances from eCommerce, retail, and draft customers.”
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
$$$$$$$$$$$$$$$$$FOLLOW THE MONEY$$$$$$$$$$$$$$$$$$$$$$
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM