Stryve Business Combination with Andina Acquisition Corp. III
Strong E-Commerce Momentum
In late 2019, the Company set strategic plans in motion to prioritize e-commerce as a top channel for
growth in 2020. A key part of this plan was an official launch of Stryve.com in mid-April 2020
•
Stryve.com - Launched in 2020
Stryve utilizes a data-driven approach to grow the e-
commerce space with specific consumer segmentation and
messaging tailored for each audience
Recurring revenue is quickly compounding through
intelligent e-mail flows and subscribe & save offerings
Increased DTC revenues from ~$19,000 in 2019 to ~$3.6M
in 2020
Amazon - Launched in 2019
Stryve
Stryve now has a 3% share of meat snacks on Amazon and
is the #10 meat snack on Amazon
33% volume growth in 2020 driving almost $2M in sales
40% repeat rate in 2020
amazon.com
E-Commerce - 2020 Accumulated Gross Revenue
Stryve.com
Amazon
($ in thousands)
$5,493
$4,764
$4,199
$1,892
$3,817
$3,343
$1,688
$1,496
$2,774
$1,334
$2,209
$1,181
$1,016
$1,408
$834
$3,601
$3,076
$678
$484
$685
$2,162
$2,482
$2,703
$152
$295
$1,759
$1,376
$445
$548
$722
January February March
April
May
June
July
August September October November December
Stryve.com Testing & Analytics
Stryve.com Launch Results
Source: ClearCut Analytics: Category Analysis, Dried Meats, ClearCut Analytics: Category Analysis, Biltong
24View entire presentation