SinglePoint (OTCQB: SING) today provided an update on
its new strategic direct to store (“DSD”) sales initiative focused on initial
product placement and market penetration within convenience stores and smoke
shops in the domestic U.S. market. According to the update, “This DSD strategy
is designed to enhance sales, initial product placement and augment existing
traditional retail distribution sales efforts leveraging the recent
introduction of the new countertop displays. The Company recently hired
multiple representatives to facilitate the placement of 1606 Hemp in specific
retail locations and has the ability to closely monitor the sales activity and
results through this direct contact with each retail location. Results have
been positive as the 1606 Hemp product placement efforts quickly moved past an
internal sales milestone shortly after implementing the DSD sales strategy.”
To view the full article, visit http://ibn.fm/BjqMr
About SinglePoint, Inc.
Founded in 2011, SinglePoint, Inc. invests in and acquires
brands and companies that will benefit from injection of growth capital and its
sales and marketing expertise. The company’s portfolio currently includes
solar, hemp and technology applications. SinglePoint is working to grow the
company to a multi-national brand. For more information, visit the company’s
website at www.SinglePoint.com.
NOTE TO INVESTORS: The latest news and updates
relating to SING are available in the company’s newsroom at http://ibn.fm/SING
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