SponsorsOne Announces Doc Wylder's Infused Lemonade is Available at Costco in Record Time
SponsorsOne Inc. (CSE:SPO)(OTC PINK:SPONF) has successfully launched its Doc Wylder's alcohol-infused lemonade in major Costco locations in Las Vegas, achieving remarkable market entry within 6 months. The 12-pack features four premium flavors, including lemonade infused with vodka and tequila, designed for broad consumer appeal. This expansion is bolstered by Costco's strong market position in alcohol sales, particularly in Ready to Drink (RTD) products. The company aims to leverage its unique digital marketing and distribution models to enhance brand visibility and sales.
- Successful launch of Doc Wylder's in Costco within 6 months.
- Strong initial sales performance with the product in Costco locations.
- Leverages Costco's dominant position in alcohol retail, enhancing growth potential.
- Risks associated with competition in the rapidly growing RTD market.
- Reliance on key personnel may pose operational risks.
- Potential need for additional financing affecting financial stability.
Doc Wylder's conceived in January 2021, and now in July is on the shelves of major retailers
WATERLOO, ON / ACCESSWIRE / July 19, 2021 / SponsorsOne Inc., (CSE:SPO)(Frankfurt:5SO)(OTC PINK:SPONF), a company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operational & funding capital, giving it a competitive first-mover advantage in rapidly growing its proprietary brands focused in the Alcohol, Functional Beverage and Hemp Sectors, is pleased to announce that four of Costco's most influential locations for alcohol sales in the Las Vegas area are carrying the Doc Wylder's mixed 12 packs. Costco is widely known as the leading retailer for alcohol sales worldwide and Costco has seen exceptional growth with Ready to Drink ("RTD") products.
Myles Bartholomew, CEO of SponsorsOne, said: ‘There is a lot that can happen between the boardroom and when brands make their way to store shelves. The consumer may have already moved on in the 18 to 48-month period it takes the majors to launch a new brand. We are redefining this and are fast-tracking creation and consumer awareness of spirits and RTD brands and have done so in under 6 months.'
Doc Wylder's 12 mixed packs are already scanning very well, especially for a new product. The 12-pack contains the four original styles of premium alcohol-infused RTD lemonades, including its classic lemonade infused with vodka, berry lemonade infused with vodka, classic lemonade infused with bourbon, and a margarita-style lemonade infused with tequila. Graphically distinct, Doc Wylder's 12 oz aluminum bottles are resealable and reusable, making them stand out both on store shelves and in the consumer's hand.
Doc Wylder's is available now at Las Vegas/Henderson Costco locations.
For more information on Doc Wylder's, go to www.docwylders.com
About SponsorsOne Inc.
SponsorsOne is the leader in the next evolution of brand creation and digital marketing through influencer marketing, storytelling, and digital-commerce with the SponsorCoin platform and its highly scalable - smart contract-based digital currency. Combined, this allows the brands to build and manage exclusive and highly engaged communities of influencers (from pro to micro-influencers) within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services. Their most valuable customers become their best salespeople, producing far higher ROI than current social media advertising methods. SponsorsOne, through its wholly-owned subsidiary, SponsorsOne Media Inc., provides full creative and Brand building/management services to all our Brands and manages the influencer communities for each Brand. For making the Brand big, our wholly-owned subsidiary S1 Brands Inc., builds wholesale/retail distribution channels for the Brand, acting as a master distributor. S1 Brands provides sales and marketing on behalf of the Brand to its vast network of national wholesalers and retailers and provides purchase order financing to assist the Brand fulfilling every order. Premier Beverage Consortium LLC, is a wholly owned subsidiary and is brand building for the global spirits market with its flagship 'Ready to Drink' product called Doc Wylder's. Ownership of the Brand combined with distribution, digital marketing innovation, and capital is the winning formula to build the next billion-dollar Brand. To learn more, please visit www.sponsorsone.com
Contact: info@sponsorsone.com
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
The Canadian Securities Exchange ('CSE') has neither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks:
- risks associated with marketing and sale of securities
- the need for additional financing requirements and access to capital, reliance on key personnel
- the potential for conflicts of interest among certain officers or directors with certain other projects
- the volatility of the volume and price of the Common Shares, the failure of the business strategy, the integrity of the Company's patents and proprietary intellectual property and competition.
The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors, and other uncertainties and potential events, including the risk factors, set out in the Company's Listing Statement. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
SOURCE: SponsorsOne Inc.
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FAQ
What is the significance of Doc Wylder's launch at Costco for SPONF?
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What flavors are included in the Doc Wylder's 12-pack available at Costco?
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How does Costco's market position benefit SPONF's Doc Wylder's sales?
