Global Diversified Marketing Group Inc. Discusses Its Diversification and Expansion Strategy with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - June 1, 2020) - The Stock Day Podcast welcomed Global Diversified Marketing Group Inc. (OTC Pink: GDMK) ("the Company"), a company that operates as a food and snack manufacturer, importer, and distributor through its subsidiary in the United States, Canada, and Europe. President and CEO of the Company, Paul Adler, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Adler about the Company's growth strategy. "What we're basically looking to do is expand our brick and mortar business," explained Adler. "Right now, we're distributing nationwide directly with major retailers," he continued, adding that the Company recently signed an agreement with Asian American Trade Associations Council (AATAC) in an effort to expand their line of Biscottelli Italian Croissants into the C-Store channel nationwide.
Jolly then asked whether the Company more closely identifies as an importer and distributor or as a manufacturer. "We are mainly classified as a manufacturer/importer and distributor," said Adler. He then explained that the Company is always looking for unique products which will eventually be contract-manufactured along with their trademark branded products. "We import them to the US and distribute them directly to many retailers," said Adler, noting that many companies in the same space choose to outsource many of these steps, allowing the Company to stand out as a more diversified contender.
The conversation then turned to the launch of the Company's Amazon marketing program, which resulted in a 151% increase in sales. "For the past twelve months, we've been expanding into eCommerce, and the eCommerce has been doing phenomenal for us," shared Adler. "As far as recently, in January, the number started skyrocketing," he added. "We believe that this is a very sustainable model going forward to diversify ourselves into an eCommerce business," said Adler, noting that the Company plans to continue expanding to additional eCommerce platforms.
"Are you thinking of any new products that you'll be bringing online?", asked Jolly. Adler shared that the Company launched a shelf-stable macaron product prior to the COVID-19 pandemic. "Usually this item is a refrigerated item," he explained, noting the uniqueness of the product. "We were able to bring it under our brand and launch as a soft launch in early February," said Adler. "We decided to do a full-scale distribution going forward over the next several months."
Jolly then asked how the Company's segment varies from others in the industry. "We're an essential segment," said Adler. "Over the last six months, the snacking percentage in growth has increased four-fold."
To close the interview, Adler shared that the Company will continue forward with a strong focus on its diversification, which they plan to achieve by raising additional capital and completing numerous acquisitions.
To hear Paul Adler's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7596160-global-diversified-marketing-group-inc-discusses-its-diversification-and-expansion-strategy-with
About Global Diversified Marketing Group
Headquartered in Island Park, NY - Global Diversified Marketing Group Inc operates as a food and snack manufacturer, Importer & distributor through its subsidiary in the United States, Canada and Europe. The company operates through snacks segment. The snacks segment offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf stable Macarons and other gourmet snacks. The company sells its products direct and through various distribution channels comprising specialty, grocery retailers, food-service distributors, DSD as well as vending, pantry and micro market segment.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company's control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.
These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability of the Company to develop the Company's brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company's revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
The foregoing statements expressly qualify any forward-looking information contained herein. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Global Diversified Marketing Group Inc
Paul Adler, Chairman, President & CEO
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/56968