During the corresponding time, Guitammer Co saw a revenue deteriorated by -19.5 % year on year, sequentially revenue grew by 59.55 %. While revenue at the Guitammer Co's corporate clients
Guitammer Co's Comment on Sales, Marketing and Customers
Our products are sold worldwide through independent manufacturers’ sales
representatives, dealers and distributors. Our sales network includes custom home
theater, specialty electronics, furniture, musician, professional audio, consumer
home theater and electronics dealers.
Historically, approximately 20% - 54% of our sales have been outside the United
States. Our products have been sold globally having active distributors and dealers
throughout the world.
Additionally, we have an royalty fee agreement with Pearl Drums whereby they sell
“Pearl’s Throne Thumper by ButtKicker” to the musician and pro
audio markets in the US and Europe.
We have historically not had large amounts of sales through traditional brick
and mortar retail stores as we have focused our efforts with large online resellers
such as Amazon.com, MusiciansFriend.com and other specialty consumer electronics
retailers. In the future, we may choose to sell lower priced items which appeal
more to individual consumers in more traditional brick and mortar retail stores.
Our ButtKicker brand hardware sales strategy is to continue to increase our cinema
sales to help build brand awareness so as to increase our consumer hardware sales
through all of our distribution channels.
Our “4D Sports powered by ButtKicker” broadcast technology sales strategy
is to form strategic partnerships with larger companies involved in making broadcast,
sports more immersive for fans and partner companies and use our technology in
conjunction with their product offerings and marketing efforts to help facilitate
those goals. We are engaged in discussions with several of these types of companies.
Additionally, we are in discussions directly with other rights holders and broadcast
partners to deploy our broadcast technology.
Guitammer Co’s Comment on Sales, Marketing and Customers
Our products are sold worldwide through independent manufacturers’ sales
representatives, dealers and distributors. Our sales network includes custom home
theater, specialty electronics, furniture, musician, professional audio, consumer
home theater and electronics dealers.
Historically, approximately 20% - 54% of our sales have been outside the United
States. Our products have been sold globally having active distributors and dealers
throughout the world.
Additionally, we have an royalty fee agreement with Pearl Drums whereby they sell
“Pearl’s Throne Thumper by ButtKicker” to the musician and pro
audio markets in the US and Europe.
We have historically not had large amounts of sales through traditional brick
and mortar retail stores as we have focused our efforts with large online resellers
such as Amazon.com, MusiciansFriend.com and other specialty consumer electronics
retailers. In the future, we may choose to sell lower priced items which appeal
more to individual consumers in more traditional brick and mortar retail stores.
Our ButtKicker brand hardware sales strategy is to continue to increase our cinema
sales to help build brand awareness so as to increase our consumer hardware sales
through all of our distribution channels.
Our “4D Sports powered by ButtKicker” broadcast technology sales strategy
is to form strategic partnerships with larger companies involved in making broadcast,
sports more immersive for fans and partner companies and use our technology in
conjunction with their product offerings and marketing efforts to help facilitate
those goals. We are engaged in discussions with several of these types of companies.
Additionally, we are in discussions directly with other rights holders and broadcast
partners to deploy our broadcast technology.
Sources:
Guitammer Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Guitammer Co’s corporate clients.
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