Business
Stran & Company Secures Multi-Year Contract with Large National Healthcare Company
Contract Projected to Generate Over $6 Million in Annual Revenue Quincy, MA , Jan. 06, 2022 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the
About this update from Stran & Company, Inc.
[{"type":"text","content":"Contract Projected to Generate Over $6 Million in Annual Revenue\nQuincy, MA , Jan. 06, 2022 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (\"Stran\" or the \"Company\") (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a multi-year contract with a large nationally recognized healthcare company to provide incentive products and literature designed to help drive consumer health behaviors. Stran was selected as the provider for this initiative based on its expertise in managing complex promotional marketing programs and its ability to effectively source a wide variety of relevant products. The incentive products that will be distributed to the program participants include branded promotional items, educational collateral, and un-branded medical devices that are aimed at driving consumer health behaviors of pregnant women as well as those suffering from hyper-tension or high blood pressure. Andy Shape, President and CEO of Stran, commented, “We are pleased to be selected by this premier healthcare company, which reflects our traction in the market. We believe this selection also validates our ability to address the complex marketing needs of our customers. The healthcare industry is among the top industries utilizing promotional products as a marketing tool to increase brand awareness and engage with consumers. We believe the healthcare market represents a significant, yet largely untapped, opportunity to utilize promotional products to help drive positive and healthy consumer behaviors. We look forward to working closely with this customer and anticipate this contract will drive significant annual revenue for Stran with potential expansion opportunities.” About StranOver the past 25 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen partner of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran pro...