CBD Ripe For More Sales, Influencer Marketing Can Drive Social Media Branding; GD Entertainment and Technology Sells CBD Through Its E-Commerce TheGreeneryCo.com Online Store

 In CSE: CWEB, NASDAQ: CRON, NASDAQ: INSY, NASDAQ: JOYG, NYSE: ACB, NYSE: CGC, NYSE: CL, NYSE: YCBD, OTC: GDET, OTC: SPRWF, TSX: ACB

CBD is not only a fast-growing repeat business for existing customers, a survey reported in site omnisend shows that some 40% of American consumers aged 21 and higher claim they would consider trying CBD. The trick is to convert that willingness to try to actual sales. One method: influencer marketing on social media. GD Entertainment and Technology Inc. (OTC: GDET) is trying that tack as it seeks to increase sales of CBD online through its e-commerce portal, TheGreeneryCo.com.

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), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Charlotte’s Web (CSE: CWEB), Cronos Group (NASDAQ: CRON), Colgate Palmolive (NYSE: CL), INSYS Therapeutics, Inc. (NASDAQ: INSY), cbdMD (NYSE: YCBD), Joy Organics (NASDAQ: JOYG), Canopy Growth Corp. (NYSE: CGC), and Supreme Cannabis Co. (OTC: SPRWF).

CBD Ripe For More Sales, Influencer Marketing Can Drive Social Media Branding; GD Entertainment and Technology (OTC: GDET) Sells CBD Through Its E-Commerce TheGreeneryCo.com Online Store

GD Entertainment and Technology (OTC: GDET) has hired EDM Media LLC to strategize its e-commerce selling strategy of CBD through its online store. As a large number of numbers are willing to try CBD for the first time, EDM’s challenge is to convert that willingness to try into branding and sales for GDET. Influencer marketing by celebrities and other heavily-followed individuals on social media is a key winning strategy

GD Entertainment and Technology (OTC: GDET) Hires Marketing Firm EDM: “We feel we are in great hands with EDM,” says Anil Idnani, CEO of GD Entertainment and Technology (OTC: GDET). CBD Ripe For More Sales, Influencer Marketing Can Drive Social Media Branding; GD Entertainment and Technology (OTC: GDET) Sells CBD Through Its 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. We feel we are in great hands with EDM.”

GD Entertainment and Technology (OTC: GDET) sees the opportunity in CBD online selling to the extent that ii is divesting its other segments, such as cryptocurrency mining, Bitcoin ATM and physical store CBD sales. The proceeds will be used to strengthen the company’s balance sheet and fund  its marketing focus on TheGreeneryCo.com e-commerce sales of CBD. CBD Ripe For More Sales, Influencer Marketing Can Drive Social Media Branding; GD Entertainment and Technology (OTC: GDET) Sells CBD Through Its E-Commerce TheGreeneryCo.com Online Store.

GD Entertainment and Technology (OTC: GDET) Intensifies Efforts On E-Commerce TheGreeneryCo.com Store Sales Growth, Sets Discounts To Stimulate Sales

In addition to offering premium quality CBD products on TheGreeneryCo.com , the parent company is strategizing to build more sales by offering consumers a 25% discount on all orders. The goal is to requite a higher base of customers, people who have already experienced the company’s CBD products at a price discount. The site invites customers to join the company’s affiliate program as they shop for CBD skin care, honey hemp, and other The Greenery products. CBD Ripe For More Sales, Influencer Marketing Can Drive Social Media Branding; GD Entertainment and Technology (OTC: GDET) Sells CBD Through Its E-Commerce TheGreeneryCo.com Online Store.

Endorsements From Actual CBD Customers

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.

GDET Will Fund Strategy With Proceeds From Divestment Of Cryptocurrency Mining 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.

Source: Stock Market Press

Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com Safe Harbor Statement:

Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press