What Everyone With An Alcohol Distributor License Should Know

We’re entering a new era in the alcohol business and wholesalers would do well to take note of what’s happening if they want to stay on top and increse profits. Because Rezzonator Services has helped hundreds of clients get licensed and deal with wholesale alcohol compliance issues, we’ve put together this article in which we’ll go over a few things that you must be aware of. As usual, feel free to contact us with your specific situation.

The Growth of Craft Spirits and Beers

In the realm of the wholesale alcohol business, the rise of craft spirits and beers represents a seismic shift. The rapidly growing field has not just transformed the business environment, but has also presented a wide range of prospects for distributors. Let’s explore the expansion of artisanal alcoholic beverages and how obtaining a wholesale liquor license can provide you with access to this thrilling market.

The Craft Revolution

The craft spirits and beers market has witnessed exponential growth over the past decade. The craft spirits industry had a market value of USD 16.02 billion in 2022, as stated by Mordor Intelligence. It is projected to experience a compound annual growth rate (CAGR) of 29.2% from 2023 to 2030. Likewise, the craft beer market has undergone notable growth, with local breweries contributing to 65.7% of craft beer manufacturing in the US in 2021, according to the US Brewers Association.

Catering to Evolving Consumer Preferences

The growth of artisanal spirits and beers is due to changing consumer tastes. Today’s consumers are increasingly seeking out unique, high-quality products with a story behind them. By carrying craft spirits and beers as a distributor, you can meet the increasing demand and generate additional income opportunities.

Higher Profit Margins

Craft alcoholic beverages frequently have higher price points compared to their commercially produced counterparts, resulting in greater profit margins for distributors. This is attributed to their perceived excellence, distinctiveness, and the skillful artistry utilized during their creation.

Building Strong Relationships with Craft Producers

Wholesalers can build strong relationships with craft producers, often resulting in exclusive distribution deals. This not only provides a unique selling point but also helps to build a diverse and exciting product portfolio.

The Emotional Case for Craft

Beyond the financial benefits, there’s an emotional case for embracing the craft revolution. For a large number of customers, the act of selecting craft spirits and beers revolves around endorsing local enterprises, valuing the artistry involved, and savoring an exceptional flavor journey. As a wholesaler, being part of this movement can bring immense satisfaction and a sense of pride.

Future-Proofing Your Business

The craft spirits and beers market shows no signs of slowing down. Wholesalers can secure the future of their businesses by embracing this trend, guaranteeing their continued relevance and competitiveness in a swiftly changing industry.

The growth of craft spirits and beers represents a golden opportunity for wholesalers. By obtaining a license for wholesale alcohol, you have the opportunity to enter this thriving industry. This will allow you to expand your range of products, boost your profits, and establish solid connections with artisanal manufacturers. In the dynamic world of the alcohol industry, embracing the craft revolution could be your key to success.