"VEBO has been growing quickly since launching in Colorado and we have been averaging sales growth of 50% month over month," said Sudmeier. "Engaged couples are choosing to collect experiences instead of more stuff. We've been thrilled with the customer response."
Jamie Regehr is a co-founder and she leads VEBO's expansion efforts. Regehr explained, "We performed a market analysis to identify our first priority for expansion. Washington scored extremely high as it has an active culture, a diverse experience offering and well-educated population. We are excited to be expanding to Washington."
Wedding registries are a $19B industry in the US. 91% of US couples register for gifts. Historically, the leaders in this industry were retailers that provide household items. This includes companies such as Bed, Bath & Beyond, Target, and Crate & Barrel.
While the industry is still dominated by traditional retailers, alternative registries are gaining in popularity. The majority of the alternative registries specialize in cash gifts. VEBO is the first wedding registry exclusively dedicated to experiential gifts.
About VEBO, Inc.
VEBO is an experience-based wedding registry. VEBO partners with providers throughout the states of Colorado and Washington.
One of VEBO's core values is giving. VEBO couples select a charity to tie to their registry. VEBO contributes 5% of the sales from the couple's registry to the charity they have selected.
Sudmeier is the Founder and CEO. Sudmeier previously founded ATA Clothing and co-founded Agility Solutions. Under Sudmeier's leadership, Agility Solutions was twice recognized as Denver's Fastest Growing Private Company.
For more information, please visit http://www.vebolife.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/denver-based-vebo-expands-to-state-of-washington-300388110.html
SOURCE VEBO, Inc.