Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning offered shareholders a post-holiday update on CBD Biotechnology Co. Ltd.’s Yantai 1985 baijiu sales. Through a partnership with a proven leader in the Chinese baijiu market, the company’s wholly-owned foreign enterprise has commenced an initial marketing campaign on Chinese mobile app Today’s Headlines that it anticipates will drive revenues of approximately $1.8 million in 2018. These projections are supported by the early success of CBD Biotechnology’s advertising efforts. Notably, the digital ad campaign generated revenues of over $29,000 in its first week. “The marketing-to-revenue ratio for the initial sales campaign on Today’s Headlines was quite favorable; therefore, CBD Biotechnology intends to significantly increase its advertising budget in 2018 to maximize revenue through this channel,” Summer Yun, CEO of CBD Biotechnology, stated in the news release.
To view the full press release, visit http://cnw.fm/ZPA6o
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products. For more information visit www.ChineseInvestors.com
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