Customers include a major marine manufacturer and a national pet supply retailer, demonstrating Stran's ability to meet the needs of a diverse range of customers.
QUINCY, Mass., June 04, 2024 (GLOBE NEWSWIRE) — Strang & Company Ltd. (“Stran” or the “Company”) (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider with expertise in promotional products and loyalty incentives, today announced it has signed six-figure agreements with two industry-leading clients.
First, Stran signed a contract with one of the world's largest manufacturers of recreational watercraft, which outsourced the management of their promotional marketing to Stran due to Stran's cost-effective solutions and proven track record. Additionally, Stran's technology infrastructure and ability to rapidly deploy customer landing pages to further drive business were also key factors in Stran's selection of the company.
Second, Stran was selected as the promotional products manager for a major pet supply retailer with over 200 stores across the U.S. Stran's technology, in-house decoration, and scalable warehouse management capabilities were the deciding factors in the client's selection of Stran. The client also appreciated Stran's creative capabilities, wireframes, and site mockups, as well as Stran's professionalism and comprehensive service.
“As these significant agreements demonstrate, we expect continued strong contract momentum in 2024,” said Andy Shape, President and CEO of Strang. “We are pleased that each of these clients selected Strang to manage their promotional marketing programs with the goal of increasing market awareness and customer loyalty. Further, as we have done repeatedly with other clients, it is our goal to subsequently expand these relationships while demonstrating our capabilities and value. Overall, we have gained great sales traction and expect these new clients to help drive continued strong organic revenue growth over the long term.”
About Strang
For over 29 years, Strang has grown into a leader in the promotional products industry. The company specializes in complex marketing programs that drive awareness of the value of promotional products, branded merchandise, and loyalty incentive programs as tools to drive awareness, build brands, and impact sales. Strang is the promotional program manager of choice for many Fortune 500 companies across a variety of industries to execute promotional marketing, loyalty and incentives, sponsorship activation, recruitment, retention, and wellness campaigns. Strang provides world-class customer service and leverages cutting-edge technology, including efficient ordering and logistics techniques, to provide order processing, warehousing, and fulfillment capabilities. The company's mission is to build long-term relationships with its customers and connect with both customers and employees to build lasting brand loyalty. Additional information about the company is available on the following websites: home page.
Forward-Looking Statements
This press This press release contains “forward-looking statements” that involve significant risks and uncertainties. All statements included in this press release, other than statements of historical fact, 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. In addition, certain forward-looking statements are based on assumptions about future events that may not prove to be accurate. These risks and uncertainties include those described in more detail in the section entitled “Risk Factors” in the Company's periodic reports filed with the Securities and Exchange Commission. The forward-looking statements contained in this announcement are made as of today, and the Company undertakes no obligation to update any forward-looking statements. Such information, except as required under applicable law.
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