Splash Wines Announces Record November Revenue

EAGLE, Idaho–(BUSINESS WIRE)–Splash Wines, the innovative, direct-to-consumer, wine marketing
company, today announced that revenues for November 2018 exceeded
$1.44m; a record month more than double revenue for the same period one
year ago. The company, founded in December 2014, reached breakeven in
only 10 months (October 2015) and has now been profitable for over three
years running.

The direct-to-consumer wine market in the USA is significant, accounting
for almost 10% of total wine sales, last year reaching over $2.5
billion. Millennials are now the largest consumers of wine, which bodes
well for the segment since they will be around a long time and are very
comfortable making online purchases. The Splash model features
transparent pricing, free shipping and economic 15 bottle cases.

Splash attributes its success to date to a number of factors. “The
concept resonates with consumers that are looking for transparency in
terms of pricing and quality. At the same time, they want to be assured
that there is a knowledgeable customer service team that will take care
of them should they ever have an issue and Splash makes that guarantee,”
stated Robert Imeson, Splash Founder and CEO. “We are excited to be
disrupting the market in such a profound way and look forward to
continued growth in 2019.”

One of the initiatives that is fueling optimism at Splash is the B2B
partnership executed with Staples Business Advantage. In an agreement
that the company calls groundbreaking, Splash Wines will be available to
over 80,000 Staples business customers. The roll-out is scheduled to
commence later this month in 20 states, and then expand in 2019.

To help manage the ongoing growth, Splash Wines is in the process of
finalizing a $500k Reg D equity offering which is closing this Friday,
December 7. Investors can invest a minimum of $2,500 to participate.
SeedInvest, a leading US crowdfunding platform, is managing the offering
which is open to accredited investors only. Splash will use these funds
to expand the customer acquisition program heading into 2019. To learn
more about how to be a part of this growing company click on https://www.seedinvest.com/splash.wines/series.a2.

Investor Disclaimer

Splash Wines is offering securities under Rule 506(c) of Regulation D
through SI Securities. Additional information may be obtained from:
Splash Wines https://www.seedinvest.com/splash.wines/series.a2

Contacts

Robert Imeson
425-985-2740