Top Supplier Partners Convene to Discuss Growth Strategy
San Francisco, CA, March 8, 2013 – Wine.com, the nation’s number one online wine retailer, hosted its third annual Wine Industry Summit Tuesday, February 26, at San Francisco’s historic Westin St. Francis Hotel. Attendees included nearly 300 wine industry executives, suppliers and wholesaler partners of Wine.com. The event program consisted of presentations by Wine.com executives highlighting the growth and performance of Wine.com as a company, 2012 Wine.com customer purchasing trends and strategies to grow sales at Wine.com.
“We were thrilled with the turnout of our 2013 Wine Industry Summit,” said Rich Bergsund, Wine.com CEO. “Attendance continues to grow and our partners are eager to learn more about how to increase their sales with us every year. This conference allows us to plan for future growth together.”
In addition to sharing a recap of 2012 activity and an outlook for 2013, Wine.com Founder Michael Osborn and CEO Rich Bergsund announced two awards during the day-long event. Terlato Wines was named Exemplary Supplier of the Year in recognition of its growth (which is outpacing that of the industry overall), the quality of its portfolio of wines and its commitment to partnering on creative marketing programs that resonate with Wine.com customers. The annual Wine.com Extreme Service Award was presented to Thomas Tremel, representing Southern Wine & Spirits of Florida, for his utmost attention to detail and his tireless work in supporting his business through Wine.com.
“The bottom line is that Terlato Wines has wines that our customers want and they help us service our customers in an exemplary way,” said Michael Osborn. Wine.com has nearly 100 portfolio suppliers, and sells more than 12,500 unique wines annually on its site. “Terlato has been with us since the beginning, 15 years ago,” added Osborn. “The company is widely admired for its wines, as well as its extreme focus on brand building and service. We love doing business with Terlato and are extremely pleased to recognize Terlato Wines with this award.”
Wine.com is the nation’s #1 online wine retailer, offering thousands of wines, wine gifts, gift baskets, corporate gifts and monthly wine clubs. Wine.com’s mission is to be the ultimate resource for wine enthusiasts, whether shopping for themselves or a gift. Wine.com offers a combination of selection, value, service and detailed product information that is impossible to find in a brick and mortar store. Wine.com is the world’s most visited wine website and also runs the wine flash sales site, WineShopper. Wine.com is owned by Baker Capital. For more information: visitwww.wine.com, the Wine Notes Blog, Facebook page, Twitter, or download the iPad app. For WineShopper, visit www.wineshopper.com or on Facebook and Twitter.
About Baker Capital
Baker Capital is a New York-based private equity firm that has raised over $1.5 billion in committed capital. Founded in 1995, Baker Capital invests globally in digital communications, media and technology at all stages of development. The partners of Baker Capital have extensive private equity and operational experience and deep industry relationships, allowing the firm to provide its portfolio companies with not only capital but also valuable strategic thinking and relationships. The firm’s portfolio includes companies such as Wine.com and Interxion (NYSE: INXN) among others.