BrewBilt Brewing Launches Online Beer Sales to Eager Craft Consumers
BrewBilt Brewing Company (OTCPINK: BRBL) has announced the expansion of its online sales for craft beers, leveraging existing retail contracts with Albertsons/Safeway and Grocery Outlet. CEO Jef Lewis highlighted the growing efficiency of e-commerce in the beer industry, as consumer interest in direct-to-consumer purchases rises, with a reported 92% of regular craft beer drinkers willing to buy beer online monthly. BrewBilt's sales have surged over 330% since production began in July 2022, and the company boasts an 80% customer retention rate. The firm plans to finalize its franchise hospitality contract and file audited financials for 2022.
- Online sales expansion aligns with strong demand for direct-to-consumer beer purchases.
- Sales growth increased by over 330% since production began in July 2022.
- Customer retention rate stands at 80%, indicating strong customer loyalty.
- None.
GRASS VALLEY, CA, March 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announces that the Company has added online sales of their craft beers in conjunction with their large retail contracts with Albertsons/Safeway and Grocery Outlet.
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,
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
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.”
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ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company produces its own line of premium craft beers. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans who use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company
(530) 802-0036
Info@BrewBiltBrewing.com
Source: BrewBilt Brewing Company
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