The company is registered with GST and holds an active UOB BANK account since incorporation in 2022. There is a Whosales Liquor Licence approval by the Govertment Compliance with IRAS and ACRA. Having the ability to accept 3, 6, 9, or 12 monthly installment credits to our bank account. Let's Drink boasts an impressive portfolio of liquor, soft drinks, and beverages from renowned brands and craft producers. Our experienced team is dedicated to providing exceptional customer service, competitive pricing, and efficient logistics. Whether you're a restaurant, bar, retailer, or event planner, we're your trusted partner for all your beverage needs.
Business Operation
The company is registered with GST and holds an active UOB BANK account since incorporation in 2022. There is a Whosales Liquor Licence available 94555212 Compliance with IRAS and ACRA. Having the ability to accept 3, 6, 9, or 12 monthly installment credits to our bank account.
Facilities
1. E-commerce and online platforms: Digital marketplaces and online retailers can disrupt traditional distribution channels and alter consumer purchasing habits. 2. Direct-to-consumer sales: Suppliers and manufacturers may bypass traditional wholesalers to sell directly to consumers, potentially disintermediating wholesalers. 3. New entrants and startups: Innovative business models, technologies, or marketing strategies can enable new competitors to quickly gain market share. Competitive Factors 1. Price and margin pressure: Wholesalers must balance competitive pricing with maintaining profit margins. 2. Product selection and availability: Offering a diverse range of products, including hard-to-find or exclusive items, can be a key differentiator. 3. Service quality and reliability: Providing excellent customer service, timely deliveries, and accurate order fulfillment is crucial for building and maintaining customer loyalty. 4. Regulatory compliance and expertise: Wholesalers must navigate complex regulatory environments, ensuring compliance with laws, regulations, and industry standards. Mitigating Competitive Risks 1. Developing strong relationships: Building trust and loyalty with suppliers, distributors, and retailers can help secure long-term partnerships. 2. Investing in technology and infrastructure: Implementing efficient logistics, inventory management, and e-commerce systems can enhance competitiveness. 3. Focusing on niche markets or products: Specializing in specific areas can help wholesalers differentiate themselves and attract loyal customer bases. 4. Providing exceptional customer service: Delivering outstanding service quality, expertise, and support can help wholesalers retain customers and attract new business.
Competition
Digital Expansion 1. E-commerce platform: Developing a business-to-business (B2B) e-commerce platform for online ordering and customer management. 2. Digital marketing: Enhancing digital marketing efforts to reach new customers and promote products. 3. Data analytics: Implementing data analytics tools to optimize operations, manage inventory, and predict demand. Operational Expansion 1. Increased warehouse capacity: Expanding warehouse space to accommodate growing inventory and customer demand. 2. New equipment and technology: Investing in modern equipment and technology to improve efficiency, accuracy, and customer service. 3. Staff expansion: Hiring additional staff to support growing operations, including sales, customer service, and logistics teams. Strategic Partnerships 1. Supplier partnerships: Developing strategic partnerships with suppliers to secure exclusive products, improve pricing, or enhance logistics. 2. Industry associations: Joining industry associations to stay informed about market trends, regulatory changes, and best practices. 3. Collaborative marketing: Partnering with suppliers, distributors, or retailers on joint marketing initiatives to promote products and drive sales.
Singapore 
