The market moves towards cheaper alcohol
The demand continues to grow towards cheaper, but quality wines and spirits at the Budapest-based IFDT Kft. The trend is so clear that the company distributes four times as many cheaper alcohol products than before, therefore the company had to expand its warehouse.
People clearly spend less on alcoholic beverages, but it seems that they rather make concessions in quality. The revenue of IFDT Kft. has not increased in proportion to the sold quantity, because the increase in turnover was detected among significantly cheaper products.
Related news
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >