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Clubhouse Media Group, Inc. Announces "LURE for Men" is a #1 New Release Product on Amazon

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Clubhouse Media Group (CMGR) announced that their pheromone-infused men's cologne, LURE, achieved Amazon's '#1 New Release' badge in the men's cologne category, which includes over 27,000 brands. The company plans to expand LURE's distribution across multiple platforms. CEO Amir Ben-Yohanan highlighted the rapid rise in rankings, indicating strong market potential. CMGR utilizes its proprietary software, Magiclytics, to target relevant demographics effectively in their marketing efforts.

Positive
  • LURE men's cologne ranked '#1 New Release' on Amazon out of 27,000 brands.
  • Plans for expanded distribution will enhance market reach and sales potential.
  • Use of Magiclytics for targeted marketing could improve consumer engagement and sales.
Negative
  • None.

LOS ANGELES, April 12, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that LURE, their high-end pheromone infused men's cologne, has received Amazons "#1 New Release" badge under the very large men's cologne category of 27k+ brands. 

LURE cologne is fortified with pheromones, known to attract the opposite sex.  Plans are underway to sell the product via different distribution platforms.  The brand uses CMGR's proprietary software Magiclytics, to analyze demographics and market the product to the most relevant audiences.

"The speed at which LURE has moved up in the rankings is a promising sign" said Amir Ben-Yohanan, CEO of CMGR.  "As we continue our marketing strategy and widen our distribution, LURE is positioned to become a major player in men's cologne."

About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clubhouse-media-group-inc-announces-lure-for-men-is-a-1-new-release-product-on-amazon-301523642.html

SOURCE Clubhouse Media Group, Inc.

FAQ

What is the significance of LURE achieving '#1 New Release' status on Amazon?

LURE's '#1 New Release' status highlights its competitive success among over 27,000 brands, indicating strong consumer interest and potential sales growth.

How does CMGR plan to market LURE cologne?

CMGR plans to use its proprietary software Magiclytics to analyze demographics and effectively market LURE to relevant audiences.

When was LURE cologne announced as Amazon's '#1 New Release'?

LURE was announced as Amazon's '#1 New Release' on April 12, 2022.

What future plans does CMGR have for LURE cologne?

CMGR plans to expand LURE's distribution through various platforms to increase market presence and sales.

CLUBHOUSE MEDIA GROUP INC

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