Stran & Company Launches Expanded Sales and Marketing Initiative to Capitalize on Growing Demand and Scalable Infrastructure
July 20 2022 - 7:00AM
Stran & Company, Inc. ("Stran" or the "Company")
(NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced
marketing solutions provider that leverages its promotional
products and loyalty incentive expertise, today announced the
launch of an expanded sales and marketing strategy. Stran is
establishing a dedicated lead generation team comprised of
experienced industry veterans, as well as increasing its digital
marketing to capitalize on the demand for the Company’s products
and services.
Andy Shape, President and CEO of Stran,
commented, “Over the years, we have invested heavily in our
infrastructure, including cutting edge technologies. As a result,
our service-based offering and value proposition has resonated
extremely well with customers, resulting in strong revenue growth.
Building on this success, we are establishing a new and dedicated
lead generation team, which will be further supported by an
integrated and aggressive digital marketing strategy. We believe
this sales and marketing initiative will enable us to expand into
new markets and verticals, while capitalizing on our highly
scalable infrastructure. Specifically, we have built a fully
integrated and highly differentiated ordering and logistics
platform, including order processing, warehousing and fulfillment
functions, which enables us to provide our customers a complete
end-to-end solution and unique value proposition. Given our premier
reputation and fragmented nature of this industry, we believe we
are ideally positioned to rapidly grow our market position as a
leader in the promotional products industry, serving many of the
leading Fortune 500 companies in the country.”
About Stran
Over the past 27 years, Stran has grown to
become a leader in the promotional products industry, specializing
in complex marketing programs to help recognize the value of
promotional products, branded merchandise and loyalty incentive
programs as a tool to drive awareness, build brands and impact
sales. Stran is the chosen partner of many Fortune 500 companies,
across a variety of industries, to execute their promotional
marketing, loyalty and incentive, sponsorship activation,
recruitment, retention, and wellness campaigns. Stran provides
world-class customer service and utilizes cutting-edge technology,
including efficient ordering and logistics technology to provide
order processing, warehousing and fulfillment functions. The
Company’s mission is to develop long-term relationships with its
clients, enabling them to connect with both their customers and
employees in order to build lasting brand loyalty. Additional
information about the Company is available at: www.stran.com.
Forward Looking Statements
This press release contains “forward-looking
statements” that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” "will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. Forward-looking
statements are based on the Company’s current expectations and are
subject to inherent uncertainties, risks and assumptions that are
difficult to predict. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are described
more fully in the section titled “Risk Factors” in the final
prospectus related to the public offering filed with the SEC and
other reports filed with the SEC thereafter. Forward-looking
statements contained in this announcement are made as of this date,
and the Company undertakes no duty to update such information
except as required under applicable law.
Contacts:
Investor Relations Contact:
Crescendo Communications, LLCTel: (212)
671-1021STRN@crescendo-ir.com
Press Contact:
Howie Turkenkopf press@stran.com
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