Revenue grew 20% in 2007
SAN FRANCISCO, CA – 6/12/2008
For the fourth consecutive year, Wine.com has been ranked the
#1 online wine store by Internet Retailer Magazine in its annual
rankings based on revenue. Wine.com, celebrating its tenth year in
business, ranked #13 in the food and drug category, and #207 overall in
the Top 500 Guide of e-retailers, 2008 edition. The company reported
record revenue and 20% growth for 2007.
"Wine.com's exceptional revenue growth is a result of our keen focus
on delivering a great customer experience," said Rich Bergsund, Wine.com
CEO. "Each year our goal is to improve our assortment of wine, make
our buying experience simple for customers and offer great value."
"The launch of the Wine.com community has been extremely successful –
customers are excited to share opinions about wines they purchase and
offer advice to fellow wine lovers," said Mike Osborn, Wine.com Founder
and VP of Merchandising. "In our wine shop, we have increased or rare
and collectible wines from the most respected vineyards in the world and
our Bordeaux business more than doubled in 2007."
About Internet Retailer
Published by Chicago-based Vertical Web Media LLC, Internet Retailer
is a monthly national business magazine, web site, conference and
directory that serve the retailing community. Internet Retailer sponsors
the largest conference in the e-retailing industry and publishes an
annual ranking of the 500 largest web sites.
Wine.com is the nation's #1 online wine retailer, according to Internet
Retailer magazine's annual ranking of websites by revenue, offering
thousands of wines, wine gifts, gift baskets, and monthly wine clubs.
Wine.com's mission is to be the ultimate resource for wine enthusiasts,
whether shopping for themselves or sending a gift, by offering a great
selection, low prices, convenient delivery and helpful information.
Wine.com is the world's most visited wine web site, according to
research conducted by comScore Media Metrix. For more information, visit
the company's website at
http://www.wine.com, its blog at
http://blog.wine.com, or Facebook at http://www.facebook.com/winecom
Twitter at http://twitter.com/wine_com.