FBC Holding Enters the $11 Billion Social Media Industry With LOI to Boost Sales
Relationship Will Enable FBC to Gain Distribution Outlets for Its Health and Beauty Products Through the Fastest Growing and Most Effective Global Marketing Channel
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 05/13/15 -- FBC Holding, Inc. (OTC PINK: FBCD) ("FBC" or the "Company") an international product development company primarily focused on license/creation management and product sales/distribution through direct-to-consumer marketing, announced that the company executed a letter of intent to acquire certain assets of a major national social media marketing firm.
"61% of global Internet users research products online and 44% of online shoppers begin by using a search engine. Furthermore, SEO leads have a 14.6% close rate while other forms of customer contact such as direct mail and print advertising have a 1.7% close rate," said Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "Our products also benefit from the ability of social media to effectively present our products and their effectiveness. It has been shown that people remember only 10% of what they hear and 20% of what they see but 70% of what they see and hear. This is a perfect match."
A spokesperson for the acquisition target said, "We are excited to be working with the team at FBC and the benefits of being part of a publicly-traded entity. We look forward to expanding our core business, which is thriving and growing, and to assist FBC in expanding the monetization of their products."
We develop and market innovative products with our core focus in the Health and Wellness sector. Our Management is experienced in Direct to Consumer Marketing and distribution with key relationships at QVC and HSN. We sell directly to consumers online and through domestic and international distributors giving our products a global reach.
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Datum: 13.05.2015 - 06:30 Uhr
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News-ID 1358508
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