Internet Marketing Will Receive Stronger Selling Focus As CBD Industry Is Impacted, Like Oth-ers, By The Coronavirus
In 2020, the CBD industry will be focused on the internet for consumer sales, marketing to retail customers and other contact with dispensaries, the salesforce and subsidiaries. Business conventions worldwide and travel is being cancelled globally due to the coronavirus. Milan, Venice, Paris and other international cities are either on lockdown or feeling the cancellations made by tourists. CBD conventions and meetings are in a similar position — so the CBD industry’s already-strong relationship with online marketing will be the focus of efforts by CBD firms this year.
The impact of the coronavirus globally has also intensified coverage of CBD. Companies such as stockmarketpress.com features coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT), Aurora Cannabis Inc. (NYSE:ACB), and OrganiGram Holdings Inc. (NASDAQ: OGI).
Internet Marketing Will Receive Stronger Selling Focus As CBD Industry Is Impacted, Like Others, By The Coronavirus
Already, some 70% of all CBD sales are made online to consumers. Like any other industry, CBD marketers meet with retailers, wholesalers and other specialty customers in person through meetings and conventions. As these face future cancellation, the CBD industry will intensify its reach to retailers/wholesalers and marketing to end-user consumers. Internet marketing will receive stronger selling focus as CBD industry is impacted, like others, by the coronavirus. Internet marketing will receive stronger selling focus as CBD industry is impacted, like others, by the coronavirus.
CBD Unlimited, Inc. (OTC PINK: EDXC) Omni-Channel Markets
Innovative companies like CBD Unlimited, Inc. (OTC PINK: EDXC) market their diverse CBD product lines in an omni-channel strategy. That means they are able to offer their diverse CBD products for humans and pets in multiple locations such as pharmacies, dispensaries, mass merchants, even self-service kiosks in specialty locations such as wellness centers. Internet marketing will receive stronger selling focus as CBD industry is impacted, like others, by the coronavirus.
The impact of the coronavirus has been devastating to travel, hotels, cruises, financial markets and manufacturing throughout the world. Last week, stocks fell on the the coronavirus news as some investors fled to safety in the form of precious metals such as gold or low-yield 10-year treasuries bonds.
The coronavirus (COVID19) may already be a worldwide pandemic. CBD may have a helping role to play in consumers who contract the virus. CBD may not be a cure for coronavirus, but it offers anti-viral, anti-inflammatory and anti-bacterial properties. All of these are helpful in fighting the disease. CBD may not in itself offer a cure for the devastating coronavirus, but it acts as an effective treatment for nausea and vomiting, which can be induced by the coronavirus. Also, CBD is known to reduce stress and anxiety issues.
CBD Unlimited, Inc. (OTC PINK: EDXC) Grows With U.S. Sourced Product
CBD Unlimited, Inc. (OTC PINK: EDXC) offers the highest quality CBD in multiple forms by using quality control that gives it compete control over the growth, processing and marketing of CBD product. CBD Unlimited, Inc. (OTC PINK: EDXC) makes sure its CBD products are highest quality, American-manufactured and tightly controlled by a seed-to-shelf strategy. Its hemp is certified and grown in Colorado and Kentucky. It has premium genetics and superior quality, the company said in its recent Corporate Presentation. Its extracts in processing are rich in phyto-cannabinoids and terpenoids which are non-psychoactive. Company product is cGMP Certified (Good Manufacturing Practice Certification).
CBD Research Indicates A U.S. Market Of $16 Billion In The Future
In this fast-changing marketplace, CBD-buying consumers are facing a myriad of new brands, safety and health claims and a variety of not well known manufacturers. As they face this tangle of CBD offerings amid the coronavirus concerns, it is the CBD companies which need to further educate them on the benefits of high quality product. U.S. News & World Report reports monthly Google CBD inquiry online hits at 6.4 million, surpassing almost any other health topic or product. Internet marketing will receive stronger selling focus as CBD industry is impacted, like others, by the coronavirus.
Research company Cowen & Co. sees CBD use growing conservatively to 10% of U.S. consumers by 2025. That means 25 million American consumers will be using CBD by then — implying a market of $16 billion, it said. Analyst firm Jeffries estimates aggressively that CBD market will reach $130 billion globally by 2029. Both projections were made prior to the impact of the coronavirus affecting the global markets.
Source: Stock Market Press
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