06/11-18 - Press releases

Wine Owners hits $1bn milestone

The Wine Owners platform organises and tracks the personal wine collections of high net worth collectors and wine enthusiasts globally.

Best-in-class collection management and analytical tools have attracted consumers directly to wineowners.com, and those services are also available via 20 partner brands who have deployed the Software as a Service (SaaS) to enhance their storage, inventorying and collection management propositions, including Corney & Barrow, 67 Pall Mall, Oswalds and Western Carriers.

“We are thrilled to announce that the platform has broken through the $1bn barrier of wine organised and tracked” said Nick Martin, co-founder and CEO of Wine Owners.

“Our goal is simply to bring as much value as possible to the lives of consumers with wine collections and those who have been bitten with the bug and are starting out.”

Wine Owners operates an integrates peer to peer trading exchange as a service to members that provides them with direct access to the secondary market at low rates of commission.

Platform users have accumulated collections worth on average $55,000, encompassing those people new to wine with a few dozen bottles up to multi-million dollar collections. In total over $1bn of wine is tracked on the platform.

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Nick Martin is cofounder and CEO of Wine Owners. He’s been collecting wine for 30 years, and following a career in information management and technology marketing during which he worked with large brands such as Vodafone, BT, IBM, GEC and Disney to build their customer information databases.

Nick co-founded Wine Owners with ex-Shell technologist Wolter Visccher, who had previously created his own Software House operating in financial services, health services and publishing.