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WINEing is a digital platform aiming to revolutionize the wine buying and selling experience by combining group buying and crowdfunding. Our goal is to become the first global Direct To Group Marketplace, empowering merchants and buyers to sell and buy better, together. Leveraging various technologies, WINEing brings together a virtual community of buyers to participate in real-time quantity-based deals, eliminating the need for mass customer gatherings; moreover, it offers personalized deals, helping buyers make informed decisions before and during the sales, while engaging in a fun and innovative wine buying experience.
The global wine market is valued at $490 billion in 2021, projected to reach $599.5 billion by 2028. Over 70% of wine sales are offline, with 87% sold in retail. There is a significant gap in the market for a direct-to-group solution, as 85% of buyers are not case-buyers and lack access to quantity-based deals.
WINEing enables merchants to upload multiple off-the-shelf quantity-based deals in real time, inviting a community of buyers to participate and generate higher turnover. Previously, buyers were limited to larger quantities to enjoy discounts; WINEing now enables them to join hands in multiple parallel deals and enjoy discounts even when buying 1-2 units. Our marketplace connects buyers and merchants, offering personalized deals based on taste, budget, preferences. WINEing’s Gamification aspects, also enable buyers to ‘juggle’ their pledges based on status, preferences and community incentives.
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