par LQR House Inc. (NASDAQ:LQR)
LQR House Announces Strategic Marketing Collaboration Showcasing Don Ramon Tequila in the Thriving $14.40 Billion Tequila Market
MIAMI BEACH, FL / ACCESSWIRE / December 27, 2023 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, ââis excited to announce its latest collaboration with Casa Don Ramon. This strategic partnership aims to elevate the visibility and sales of Casa Don Ramon's high-quality tequila and mezcal through innovative viral content creation. The impact of this marketing agreement will be closely monitored to assess its direct influence on sales for Casa Don Ramon products on LQR House's ecommerce platform, CWSpirits.com.
As outlined in the Global Tequila Market Overview (2023-28) research report, industry projections indicate a remarkable growth trajectory, surpassing a $20.40 billion market size by 2028, surging from $14.40 Billion in 2022, with an estimated CAGR of 6.10% by 2023-28. In an industry increasingly crowded with new brands, LQR House stands out by selecting partners with unique and exceptional qualities. Casa Don Ramon Tequila exemplifies this commitment with its focus on sharing a premium tequila recipe, providing customers with an authentic taste of how locals in Mexico enjoy their tequila. The brand distinguishes itself not only through its outstanding quality but also its striking bottle design, featuring a diamond-like top that captivates on shelves in this competitive market.
Sean Dollinger, CEO of LQR House, shared his excitement about the collaboration with Casa Don Ramon, stating, "We are thrilled to partner with Casa Don Ramon, a product that resonates with many tequila consumers. The remarkable bottle design and exceptional tequila quality make it perfect for sipping neat or as the star ingredient in diverse cocktails. This versatility positions it as an ideal product for our LQR House influencers to create compelling content, which could lead to material increases in tequila order volume on CWSpirits.com."
About LQR House Inc.
LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role as an e-commerce leader, LQR House is a marketing agency with a specialized focus on the alcohol industry. The company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a proven return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.
About Casa Don Ramon
From field to flute, every step of Casa Don Ramón is crafted by a Maestro Tequilero. Exceptional standards, meticulously set by the Maestro, guide the cultivation of this complex agave elixir, ensuring consistency in profile for the discerning palate. The company's modern approach to distillation results in an exquisitely smooth taste with a lingering finish, designed for easy sipping and crafting exquisite cocktails. Using handcrafted methods perfected over generations, experienced jimadores select the highest quality blue agave in pursuit of the finest tequila. The variety of their portfolio and its extraordinary quality has won more than 50 medals in some of the most important spirits competitions in the world, consolidating it as a worthy representative of Agave distillates with a presence in more than 40 countries around the world.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of our registration statements on Form S-1 filed with the SEC and other filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statements on Form S-1 and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.
Investor and Media Contact:
SOURCE: LQR House Inc.
View the original press release on accesswire.com