CBD Online Sales Grow To 60% Share, Reinforcing Strategy Of GD Entertainment and Technology To Drive Volume To Its CBD E-Commerce TheGreeneryCo.com Online Store
GD Entertainment and Technology Inc. (OTC: GDET) is taking the right strategy of focusing on online e-commerce CBD sales at its portal, TheGreeneryCo.com, as the growing industry sees low-cost online sales reaching a 60% share of all CBD volume. Compared to the expense of selling CBD in a physical store, online is less costly, discreet and expanding. GDET is also spurring online sales by retaining EDM Media LLC to aggressively drive traffic, brand build and acquire more customers for its CBD online portal.
The CBD market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of related stocks such as GD Entertainment and Technology (OTC: GDET), Charlotte’s Web (CSE: CWEB), Cronos Group (NASDAQ: CRON), Colgate Palmolive (NYSE: CL), Akerna Corp. (NASDAQ: KERN), INSYS Therapeutics, Inc. (NASDAQ: INSY), cbdMD (NYSE: YCBD), Joy Organics (NASDAQ: JOYG), Canopy Growth Corp. (NYSE: CGC), GW Pharmaceuticals PLC (NASDAQ: GWPH), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB) and Supreme Cannabis Co. (OTC: SPRWF).
CBD Online Sales Grow To 60% Share, Reinforcing Strategy Of GD Entertainment and Technology (OTC: GDET) To Drive Volume To Its CBD E-Commerce TheGreeneryCo.com Online Store
According to site MedAlertHelp, the online share of CBD sales has now reached 60% of all sales — online CBD buying is more cost-efficient for the marketers and advantageous to the consumer. The move by GD Entertainment and Technology (OTC: GDET) to reinvest in its CBD online sales follows the trend in the category’s sales. Hiring EDM Media LLC is the first step in a larger branding strategy of its CBD online portal.
GD Entertainment and Technology (OTC: GDET) Hires Marketing Firm To Drive Traffic To Its CBD E-Commerce TheGreeneryCo.com Online Store
Anil Idnani, CEO of GD Entertainment and Technology (OTC: GDET), said, “We have both pricing and product quality advantages to work with, and we are selling to a rapidly growing marketplace. but the x-factor is really about cultivating a strong river of of potential customers aware of those advantages.” CBD Online Sales Grow To 60% Share, Reinforcing Strategy Of GD Entertainment and Technology (OTC: GDET) To Drive Volume To Its CBD E-Commerce TheGreeneryCo.com Online Store.
GD Entertainment and Technology (OTC: GDET) Intensifies Efforts On E-Commerce TheGreeneryCo.com Store Sales Growth, Sets Discount Strategy To Stimulate Volume
The parent company had announced that its CBD e-commerce site TheGreeneryCo.com already enjoys the multiple advantages of premium quality product and it is offering a 25% price discount designed to enable consumers to try product at lower price points. The site invites them to join the company’s affiliate program as they shop for CBD skin care, honey hemp, and other The Greenery products. The products shown are also documented by endorsements from actual customers across the nation. The site is sales driven.
GDET strategy, the company said, includes social media, traditional media and affiliate marketing.The company has developed a marketing strategy that leverages branding and digital marketing through incentives offered by social media, traditional media, affiliate marketing and other strategic elements. CBD Online Sales Grow To 60% Share, Reinforcing Strategy Of GD Entertainment and Technology (OTC: GDET) To Drive Volume To Its CBD E-Commerce TheGreeneryCo.com Online Store.
GDET Will Strengthen Balance Sheet And Fund Strategy With Proceeds From Divestment Of Cryptocurrency And Physical Store Segments
Focusing on the online sales through its own store site, TheGreeneryCo.com, will be accelerated and funded by funds realized through the divestment of its complex operations in cryptocurrency mining, Bitcoin ATM and CBD physical store sales segments. The divestment will free up resources and maximize the growth potential of the online CBD sales segment, management said. The move to hire EDM Media LLC is part of a wider marketing and brand development strategy. CBD Online Sales Grow To 60% Share, Reinforcing Strategy Of GD Entertainment and Technology (OTC: GDET) To Drive Volume To Its CBD E-Commerce TheGreeneryCo.com Online Store.
Source: Stock Market Press
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