Shared Spirits and how it compares with Drizly.
Here at Shared Spirits, we like to say, combine Drizly and Venmo, and you have Shared Spirits. Let’s discuss Drizly vs Shared Spirits: A Side by Side Comparison.
Drizly’s value proposition for liquor stores revolves around several key points. They are not at all competitors but serve the industry in complimentary ways.
Drizly: Online Alcohol Delivery: Drizly offers a convenient online platform that allows liquor stores to expand their reach and tap into the growing demand for alcohol delivery. By partnering with Drizly, stores can offer their products to customers who prefer the convenience of ordering from home.
Shared Spirits: Online Cocktail, Wine, and Beer Purchasing: Shared Spirits offers a convenient online platform that allows restaurant and bar operators to expand their reach and tap into the growing demand for direct to customer purchases, mobile gifting, and mobile redemptions. Delivery is not part of the Shared Spirits model. By partnering with Shared Spirits, restaurants can offer their alcohol beverage selections to customers who prefer the convenience of ordering cocktail, wine, and beer experiences via mobile.
Drizly: Expanded Customer Base: Liquor stores partnering with Drizly gain access to a broader customer base beyond their physical location. Drizly’s platform attracts a wide range of customers, including those who may not have discovered or visited the store otherwise. This expanded reach can help increase sales and brand exposure.
Shared Spirits: Expanded Customer Base: Restaurants and bars partnering with Shared Spirits gain access to a broader customer base beyond their physical location. Shared Spirits’ platform attracts a wide range of customers, including those who may not have discovered or visited the establishment otherwise. This expanded reach can help increase sales and restaurant and bar exposure.
Drizly: Seamless Integration: Drizly provides seamless integration with existing liquor store operations. By leveraging Drizly’s technology, stores can easily manage orders, inventory, and deliveries, streamlining the entire process and minimizing operational complexities.
Shared Spirits: No Integration Necessary: Shared Spirits requires only a simple addition of a new “tender” to the currently used point of sale system. By leveraging Shared Spirits technology, stores can easily view “To Be Redeemed” drink orders, redemptions, and reports on categories, brands, and campaigns.
Drizly: Marketing and Promotion: Drizly invests in marketing and promotion to drive customer awareness and engagement. By joining the platform, liquor stores can benefit from the marketing efforts of Drizly, including targeted campaigns, discounts, and featured listings, which can help attract new customers and increase sales.
Shared Spirits: Marketing and Promotion: Shared Spirits invests in marketing and promotion to drive customer awareness and engagement. By joining the platform, restaurants and bars can benefit from the marketing efforts of Shared Spirits, including targeted campaigns, text campaigns, email exposure, featured drink listings, and supplier funded spends, which can help attract new customers and increase sales. Pre-redemption and post-redemption marketing is ongoing.
Drizly: Compliance Support: Drizly understands the importance of complying with local liquor laws and regulations. They provide compliance support and tools to help stores navigate legal requirements effectively. This includes age verification systems and staff training to ensure responsible alcohol sales.
Shared Spirits: Compliance Support: Shared Spirits understands the importance of complying with local liquor laws and regulations. They provide compliance support and tools to keep restaurant and bar partners compliant on the platform. This includes appropriate verbiage, messaging, and staff training to ensure responsible alcohol sales and redemption.
Drizly: Data and Analytics: Drizly provides liquor stores with access to valuable data and analytics. Store owners can gain insights into customer preferences, purchase patterns, and market trends. This information can inform inventory management decisions, marketing strategies, and help identify growth opportunities.
Shared Spirits: Data and Analytics: Shared Spirits provides restaurant and bar partners, suppliers, and spirits, wine, and beer brands with access to valuable data and analytics. Operators can gain insights into customer preferences, purchase patterns, and market trends. This information can inform inventory management decisions, marketing strategies, and help identify growth opportunities.
Overall, Drizly’s value proposition for liquor stores centers around leveraging their online platform, expanding customer reach, seamless integration, marketing support, compliance assistance, and access to data and analytics. These benefits can enable liquor stores to enhance their business, increase sales, and thrive in the digital age. Drizly’s platform will do nearly 25 million in volume in 2023 and 100 million users are on the platform.
Shared Spirits value proposition for restaurant and bar partners centers around leveraging their current beverage program, expanding customer reach, no integration requirements, marketing support, compliance assistance, and access to data and analytics. These benefits can empower restaurants and bars to enhance their business, increase sales, and thrive in the digital age. The Shared Spirits platform began its’ march across the country in 2023 and we want your restaurant or bar on the platform!
To schedule a meeting click this link. Let’s talk leveraging your beverage program!
Shared Spirits, Inc. is growing fast and seeks introductions to cocktail and wine forward establishments that understand the power of direct to consumer in the spirits, wine, and beer industry.