E-Commerce, Cannabis Drinks Are Changing The Alcohol Market: IWSR
A new report by market research firm International Wine and Spirits Research (IWSR) suggests that the alcohol market is changing fast due to e-commerce, new types of drinks, and health concerns.
The growth of online channels has redefined frontiers for alcohol sales and posed significant challenges for established players.
The new generation of tech-savvy consumers is turning its back on traditional retail and opting for the convenience and simplicity of ordering online.
New-generation off-licences seem to have taken the challenge head-on. US-based online off-licence Drizly, established in 2012, is already operating in more than a hundred cities in the US, as well as Canada.
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