SponsorsOne Announces Initial Orders From The U.S. Northeast Distribution Channel
SponsorsOne Inc. reported exceeding expectations with distributor orders for Doc Wylder's after successful presales to retailers. The company is in production for shipments in April 2021, anticipating product availability in stores by early May. The initial stocking order from Vintage Imports is five times larger than expected, indicating strong demand. Myles Bartholomew, CEO, noted the positive response from retail partners led by the beverage division. This represents a significant step in establishing the brand in the Northeast market.
- Initial stocking order from Vintage Imports was five times larger than expected.
- High demand indicated by distributors following presale marketing presentations.
- Product expected to be available in retail by early May 2021.
- None.
Distributor Orders For Doc Wylder's Exceed Expectations After Company's Presale Marketing Presentations To Retailers Result With Higher Demand
WATERLOO, ON / ACCESSWIRE / April 12, 2021 / SponsorsOne Inc., (CSE:SPO) (Frankfurt:5SO), (OTC: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 selling proprietary brands focused in the Alcohol, Functional Beverage and Hemp Sectors, announced today we have received multiple orders from our distribution channel and are in production for shipments of Doc Wylder's in April 2021.
Myles Bartholomew, CEO of SponsorsOne, said: "Our distributors have completed the presale to the retail channel and have indicated high demand from retail as a result of these pre-sale presentations which were led by the management of our beverage division PBC and head of S1 Brands, Kevin Swadish".
William Mickel, Managing Director - New York Director of Craft Spirits, Vintage Imports Inc. said, "We are very excited to introduce Doc Wylders to our industry partners in the Northeast. Doc Wylders is not only delicious and gluten-free but with no sugar and a unique resealable, cold-sleeved package, the brand is in a category of its own. No other product on the market is able to deliver all of the unique attributes and overall quality of the four various spirit-infused lemonade flavors which Doc Wylders is introducing."
This order represents an initial stocking order for the Northeastern retail channel to seed the product in retail outlets, which should lead to larger follow-on orders. The order placed by Vintage Imports was five times larger than originally indicated and we're very pleased with the initial order demand. Doc Wylder's is currently in production and will be shipped in April. We expect the product to be on the shelves in early May 2021.
For more information on Doc Wylder's, the following link is provided:
https://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 for 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 Wylders.. 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
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