Business
Jerrick Media Holdings, Inc. Announces Letter of Intent to Acquire E-Commerce Agency Seller's Choice
Jerrick Media Holdings, Inc. Announces Letter of Intent to Acquire E-Commerce Agency Seller's Choice.
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[{"type":"text","content":"\n\n\n\nJerrick Media Holdings, Inc. Announces Letter of Intent to Acquire E-Commerce Agency Seller's Choice\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nJerrick Media Holdings, Inc. Announces Letter of Intent to Acquire E-Commerce Agency Seller's Choice\nJerrick to Present at 9th Annual LD Micro Conference in Los Angeles\nPR Newswire\nFORT LEE, N.J., May 22, 2019\n\n\n\nFORT LEE, N.J., May 22, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the \"Company\" or \"Jerrick\") is pleased to announce that it has signed a letter of intent (the \"LOI\") dated May 21, 2019 to acquire the assets of e-commerce marketing agency Seller's Choice in a tuck-in acquisition that should fundamentally fortify Jerrick's revenue initiatives.\n\n \n \n\n \nSeller's Choice, established in 2016 and founded by CEO Jay Goldberg, is an e-commerce digital marketing solution provider based in Fort Lee, NJ. Seller's Choice leverages their platform and professional services to advance the reach of both B2B and B2C product and service brands. Utilizing their integrative next-gen marketing platform, Seller's Choice focuses cohesively in the four key factors of online sellers–sell-through, differentiation, community and compliance–to help e-commerce businesses establish their brand identity and realize profitable and sustainable growth while maximizing customer engagement and retention. The purchase of Seller's Choice with its team of seasoned marketing, e-commerce strategy and sales professionals supporting 100+ customer relationships represents a complementary acquisition for Jerrick, and positions its content studio, Vocal for Brands, for growth through broadening its existing capabilities in sales and marketing resources. \nThe transaction creates a distinctly new value proposition for Jerrick's flagship product Vocal and Seller's Choice's established and recurring brand relationships. Seller's Choice will benefit from Vocal for Brand's proven branded content and business intelligence methodologies. At the same time, Jerrick can leverage Seller's Choice's established ...