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The Art of a Good Drop: The Digital Wine Ventures Story | #068

In this episode of Add To Cart, we are joined by Dean Taylor who has a long history in the online business world. He has founded and sold wine businesses such as CrackaWines, My Wine Guy and The Wine Collective. In this chat, Dean discusses his latest venture, Wine Depot, which aims to simplify and streamline the warehouse and fulfilment process for wine manufacturers who want to go direct to customers. Launching in 2018, it has gained incredible traction so far with some of Australia’s l;aeding wine manufacturers signing on, an expansion into a new marketplace model and a market cap of almost $200m under the ASX entity (Digital Wine Ventures - stock code DW8). As well as great tech and logistics, what comes through here is the importance of communication, whether that’s with investors or the wineries Dean deals with. The last lesson Dean shares is be careful who you send to pick up a bottle of 250 year old wine….


Links from the episode:

Digital Wine Ventures

Wine Depot

Vivino

Place of Changing Winds

Giant Steps

Signet (sponsored)

Shopify & Mount Tamburlaine (sponsored)


Questions answered:

  • What’s the secret to your significant growth over the last 18 months?
  • What are the non-negotiables for successful fulfilment models in 2021? 
  • What’s a good value end bottle of wine you would recommend?


This episode was brought to you by…  


Signet

Shopify Plus


About your co-host: 


Dean Taylor from Digital Wine Ventures


Dean is an entrepreneur and one of Australia’s digital pioneers who has spent the last twenty years building wine businesses. His first venture, Wine Ark – an off-site climate-controlled storage for wine collectors – was the first company of its kind in the world to provide their customers with online access to their collections, and later sold for $8.5 million. He then leveraged technology to launch Wine Exchange, an online trading platform; The Cellar Club, a premium wine club; and Crackawines.com.au – an online marketplace that allowed wineries to sell direct-to-consumer. Now, Digital Wine Ventures (ASX:DW8) is an Australian publicly listed company that invests in technology-driven businesses servicing and supporting the global wine and beverage industry. The aim is to identify and invest in early stage technology-driven ventures that have the potential to disrupt and digitally transform their market segments and support them by providing access to capital, expertise and shared resources.


You can contact Dean at LinkedIn



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Broadcast on:
04 Apr 2021