With an objective to take advantage of the prevailing market conditions, Hangover Joe’s Holding Corp (OTCMKTS:HJOE) decided to sign an online distribution agreement with Chicago area based Brandon Hughes & Huge Sales Inc. The announcement came in the last month after it witnessed a below average market performance.
Hangover Joe’s was at $0.0024 or down 34.78% at the end of Thursday. It’s been trying hard to win investors’ trust for the past few months, but nothing has worked for the company so far.
Timing of Online Distribution Agreement:
Hangover Joe’s is known for making ‘The Hangover’ Recovery Shot. The primary objective of signing this online agreement is to get a wider reach. Brandon Hughes & Hughes Sales Inc. is a nationally acclaimed Chicago-based private company with a good online presence. With the help of Brandon Hughes, Hangover Joe’s looks forward to placing both Git-R-Done-Energy and The Hangover Recovery Shot on some of the largest online retailers of the country.
The senior management of the company is delighted to make this announcement. According to Matthew Veal, Chief Executive Officer, Hangover Joe’s Holding, e-commerce is the next big thing in today’s time, and the current initiative of the company is to use it for good. Through this way, the company will be able to expand its market reach with the help of some of the largest retailers of the country.
Veal hopes that this distribution agreement will help the company getting registered at online retail giants such as Wal-Mart and Amazon. Once it earns a place on these retail giants’ online platforms, the road to other platforms will become easier. His colleague and company’s co-founder Shawn Adamson states that it’s an amazing way to build a brand and grow the online customer base. Hangover Joe’s is committed to making available world-class offerings and the distribution agreement with Brandon Hughes will make things easy and accessible for it.