Ecommerce

Online wine purchases, average spend and number of customers grow

Traditional consumption suffers and so web channels expand volumes especially for premium bottles. Revenues in Italy at 500 million

(Adobe Stock)

3' min read

3' min read

In the digital age, the way of buying wine online is also changing and evolving. For years now, e-commerce has accustomed us to receiving our favourite bottles directly at home. But the last forecasts of Statista (Digital Market Insights, August 2024) speak of a clear acceleration. Global sales in fact are expected to reach $6.16 billion in 2024, with a projection of growth to $7.56 billion by 2029 and an aggregate growth rate of around 4.2% per annum.

And this increase is not only about numbers. Thewine enthusiasts turning to e-commerce are also on the rise, with this channel expected to reach 327.76 million users by the end of the decade. While penetration will rise from 3% in 2024 to 3.6% by 2029. The same goes for average expenditure, which is rising: not only due to the number of bottles, but rather to the search for higher quality wines. Users, in fact, have evolved and now range from occasional drinkers to collectors.

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Innovations in online marketing, virtual tastings and advice based on artificial intelligence are making it easier for wine lovers to discover new labels and for wineries to connect with a wider audience.

Even in Italy wine e-commerce is experiencing significant growth and transformation. What gave the acceleration was the period of the Covid-19 pandemic that had brought growth percentages even in triple figures for some online sales platforms. Numbers that have obviously shrunk after the emergency, but which have nevertheless remained positive: revenues in Italy are expected to reach USD 557.84 million (over EUR 502 million) in 2024, with an estimated number of users growing to 2.48 million by 2029. The online channel currently accounts for around 4% of the value of the wine market in Italy, lagging behind countries such as the UK and France.

"Once the health emergency was over, there was an increase in visits to the winery, initially by Italians and over time also by foreigners. The same visitors, once back home, in several cases placed orders for wine directly from the producer, producing an increase in online sales," comments Filippo Galanti, co-founder of Divinea, a wine tourism portal that unites around 400 wineries. "In general, however, the most evident trend is the growth of the average receipt, despite the decrease in the number of references in the cart, which means an increase in the average value per bottle and a preference for high-end wines. Compared to the past, however, customers are less loyal to brands and prefer to try different producers".

Leading the online wine sector is Tannico.it (EUR 64.6 million in 2023 and controlled by Moët Hennessy and Campari Group), which recently launched the 'Blending Stories' project, a line of wines that the portal participated in creating, four-handedly, with selected large wineries or with protagonists of the wine world. And it is no coincidence that today it aims at premiumising the offer and developing exclusive sectors, moving away from the logic of promotions alone.

In second place Vino.com, born ten years ago, has been able to grow quickly to the point of soon gaining international markets and now reaching over 12 European countries. The strategic use of influencers and targeted campaigns has thus enabled the Tuscan company to attract, little by little, an increasingly wide and diversified audience, including new generations of wine lovers.

In the premium segment, on the other hand, Xtrawine, a platform founded in 2009 and now in the hands of the private equity Made in Italy Fund, has looked to the premium segment since its inception.

But the market is evolving to include innovative services such as Winelivery, which offers fast wine deliveries in urban areas, and partnerships with start-ups such as Divinea to book wine tastings in local vineyards.

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