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A truly social business
@NakedWines
@grape_escape
What’s next? Where will growth come from?
We believe:
The biggest engine of future growth will be…

…The Social Business
Here’s why you should take it seriously…
Wine

Not wine

We are PAYING to be sold to.
In four-and-a-bit years, we have…

Acquired 500,000 new customers…
Invested over £40m into independent winemakers
Shipping over 25,000 bottles of wine… a day!
Grew sales by 54% in 2012
And we’re profitable.
While competing against…
How?
Carmen Stevens
- First black woman to graduate from
winemaking school in South Africa
- Angels got together to raise £120K in 8
hours
- Her dream came true to be her own boss
and make wines under her own name
Katie Jones
- Vandals destroyed her
entire white vintage
while she was at a
wine fair in March
- One month
later, 2,500 Angels
raised £200,000 in 5
hours to get her back
in business
Why do we do it?
Vicious Circle

Virtuous Circle

Suppliers

• Screw suppliers into the
ground in search for lower
prices
• Pass selling costs onto
suppliers

• Invest in suppliers so they
can improve quality
• Remove selling costs

Customers

• Identify best customers – and • Best deals to best
then fleece them
customers

Staff

• Outsource, downsize, rightsize

• Make all staff shareholders
– so that they share in the
value they create
And we’re not alone
We involve our customers in everything we do
5 take-away learnings
1. Become an Angel
2. Try not selling
3. Be authentic
4. Admit when things go wrong
5. Invest in talent, not sales
A festive freebie…
- Get £40 off your first order of
£49.99 or more
www.nakedwines.com/digitalmarke
tingshow
And finally, could you use…

£100,000
…of free wine to help you sell what you
sell?

eamon.fitzgerald@nakedwines.com

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Naked Wines: A Truly Social Business: Eamon FitzGerald

  • 1. A truly social business @NakedWines @grape_escape
  • 2. What’s next? Where will growth come from?
  • 3. We believe: The biggest engine of future growth will be… …The Social Business
  • 4. Here’s why you should take it seriously… Wine Not wine We are PAYING to be sold to.
  • 5.
  • 6. In four-and-a-bit years, we have… Acquired 500,000 new customers…
  • 7. Invested over £40m into independent winemakers
  • 8. Shipping over 25,000 bottles of wine… a day!
  • 9. Grew sales by 54% in 2012
  • 12. How?
  • 13. Carmen Stevens - First black woman to graduate from winemaking school in South Africa - Angels got together to raise £120K in 8 hours - Her dream came true to be her own boss and make wines under her own name
  • 14. Katie Jones - Vandals destroyed her entire white vintage while she was at a wine fair in March - One month later, 2,500 Angels raised £200,000 in 5 hours to get her back in business
  • 15. Why do we do it? Vicious Circle Virtuous Circle Suppliers • Screw suppliers into the ground in search for lower prices • Pass selling costs onto suppliers • Invest in suppliers so they can improve quality • Remove selling costs Customers • Identify best customers – and • Best deals to best then fleece them customers Staff • Outsource, downsize, rightsize • Make all staff shareholders – so that they share in the value they create
  • 17. We involve our customers in everything we do
  • 18. 5 take-away learnings 1. Become an Angel 2. Try not selling 3. Be authentic 4. Admit when things go wrong 5. Invest in talent, not sales
  • 19. A festive freebie… - Get £40 off your first order of £49.99 or more www.nakedwines.com/digitalmarke tingshow
  • 20. And finally, could you use… £100,000 …of free wine to help you sell what you sell? eamon.fitzgerald@nakedwines.com