Vice startups like Bev and Recess see sales spike during containment - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Alcohol delivery and CBD-infused beverage startups are flourishing during coronavirus containment, while the broader direct-to-consumer industry struggles to keep a foothold

. Now, those companies' products are flying off the digital shelves as other startups hunker down.

"I think it's really interesting, because my industry in particular is a counter-cyclical industry," Peabody said. "People drink and celebrate when they are happy, but they also drink when they are bored and worried. Now we have both of those." "Our tagline is 'an antidote to modern times,' and I wish I could say it was designed with this in mind," Witte said. "But I can't say when we were building the brand we were envisioning a quarantine as a recess or a pandemic as modern times."Witte attributes much of the uptick to people that simply have more time on their hands now that many employers have mandated working from home and social isolation has become the de facto social setting.

"All my companies collectively have cut their Facebook spend for marketing," Dockery said. "They are realizing that consumers aren't buying on Facebook, they are buying directly from the site. People are too freaked out, and Facebook is dying. In times of crisis, you don't spend time on Facebook."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

booze just kills NO THANKS

5 MIND-HACKS SECRETLY USED BY THE RICH & FAMOUS.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Coronavirus: AI startup launches tracker tool to help businesses - Business InsiderDeloitte and HSBC are among Signal AI's biggest clients. It just launched a new coronavirus tracker for businesses.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

US jobless claims surge to 2-year high as unemployment spikes on coronavirus - Business InsiderUS jobless claims rose to 281,000 for the week ending March 14, exceeding economist estimates for a 220,000 increase.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »