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#Business Model/Strategy
Last edited 6 months ago

Winedepot:- Selling wine online isnt really anything new.  Im trying to understand the model, however I think they are not to public but just trying to be a middle man for producers and retailers.  They just announced their first 1000+ order day.  Sold down 14% today which I assume is on the back of a shortfall on their rights issue.  All the directors are newly apointed this year, so it still is very untried. Does anyone know if the 1000+ bottles are being sold at their standard charge out rate (which is approx $10/case) or was it a marketing exercise.

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