STOCK TITAN

ECMOHO Increases Digital Marketing Efforts To Drive Growth

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

ECMOHO Limited (Nasdaq: MOHO) announced an increase in its digital marketing efforts to enhance brand presence and customer loyalty in China’s health and wellness market. The company has partnered with Vitamin World to market its health products on major e-commerce platforms like JD and Tmall, aiming to cater to local consumer needs. This collaboration is expected to leverage Vitamin World’s established reputation and product range. CEO Zoe Wang emphasized the commitment to refining operations and expanding premium product offerings, paving the way for enhanced consumer insights and integrated health solutions.

Positive
  • Partnership with Vitamin World for marketing and sales on JD and Tmall, enhancing product visibility.
  • Increased digital marketing efforts aimed at improving brand recognition and customer loyalty.
Negative
  • None.

SHANGHAI, China, Feb. 15, 2022 (GLOBE NEWSWIRE) -- ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), an integrated solutions provider in the health and wellness market in China, announced today that it will increase digital marketing efforts to achieve continuous positive marketing outcomes and profits.

ECMOHO has partnered with B2C and B2B companies across industries and sectors to build brands, grow market share and increase loyalty and customer value with the right digital capabilities. ECMOHO has fully participated in Douyin to gain attention of younger audience. Through short video and live broadcasting, ECMOHO is benefiting from their strong fan base for disseminating health information and science, helping domestic and foreign health brands gain more recognition among young consumer groups, and continuously improving its user conversion rate. 

Recent Development.

Recently, ECMOHO entered into a cooperation agreement with Vitamin World, pursuant to which ECMOHO will be responsible for the marketing and sales of Vitamin World products on China’s top e-commerce websites, JD platform and Tmall. ECMOHO will cater the health needs of consumers in China by providing Vitamin World’s premium vitamins, nutritional supplements and herbs at a great value.

Founded in 1977, Vitamin World is a popular U.S-based brand well-known by its innovation and professional service. It offers a large selection of quality vitamins as well as a full line of sports nutrition products. Vitamin World owns and operates over 400 retail stores nationwide and has grown to serve over 140 countries around the globe. Vitamin World has won the "USA Consumer Satisfaction Award" six times and received a superior 90% recommendation rate from customers according to the leading global market research firm Ipsos.

Ms. Zoe Wang, Chairwoman and CEO of ECMOHO, commented: “As a leading online retail service provider in the field of healthcare and medical equipment in China, ECMOHO has been deeply involved in healthcare, medical equipment and other health-related industries since its establishment. We collaborate with Vitamin World to reaffirm our commitment to expand healthcare product offerings. Looking forward, we will continue to refine supply chain, operation, consumer insights analysis to introduce premium products and bring integrated health benefit solutions to satisfy household’s demand.”

About ECMOHO Ltd.

ECMOHO is an integrated solutions provider in the health and wellness market in China. The company curates and sells the best global brands and quality products to Chinese health-conscious consumers. Our technology, network and expertise in marketing and distribution empower us to connect families with advanced health supplements, nutrition and food items, personal care products, household healthcare equipment and other wellness products. Through over ten years of operation, ECMOHO has established an ecosystem of trusted products and relationships to provide customized solutions which promote health regeneration, impart therapeutic benefits, and increase longevity to our devoted consumers to sustain health. For more information, please visit http://ir.ecmoho.com/ 

For investor and media inquiries, please contact:
ECMOHO Ltd.
Investor Relations
Email: IR@ecmoho.com 

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, such as the Company’s partnership with Vitamin World, the Company’s expectations regarding demand for and market acceptance of Vitamin World, and the effectiveness of the Company’s targeted marketing of Vitamin World, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. 


FAQ

What is ECMOHO's recent partnership announcement?

ECMOHO has partnered with Vitamin World to market and sell its products on JD and Tmall, targeting the Chinese health market.

What digital marketing strategies is ECMOHO implementing?

ECMOHO is increasing its digital marketing efforts, including participation in Douyin, to engage younger audiences.

How does the Vitamin World partnership benefit ECMOHO?

The partnership allows ECMOHO to offer Vitamin World's recognized health products, enhancing its market presence and catering to consumer needs.

What is the significance of ECMOHO's focus on digital marketing?

The focus on digital strategies aims to improve brand loyalty and reach a broader audience in the competitive health and wellness sector.

What markets is ECMOHO targeting with the Vitamin World products?

ECMOHO is targeting top e-commerce platforms in China, specifically JD and Tmall, to reach health-conscious consumers.

MOHO

NASDAQ:MOHO

MOHO Rankings

MOHO Latest News

MOHO Stock Data

4.94M
Link
China (Mainland)
Shanghai