Juul to trim business by $1 billion, starting with marketing

As part of its cost-saving venture, the company plans on cutting 650 staff positions, or about 16 percent of its total workforce, CNN reported.

"The company's future advertising efforts will focus on direct marketing," according to CNN. That strategy enables companies to communicate directly to a consumer mail, email and texting rather than through advertising, according to. As such, Juul will continue to not advertise its products online, in print or on television, even if such advertising would possibly increase revenue in the long run.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Live Nation Lost $1.8B in Market Capitalization in Just Three Days. Why?Halloween shouldn’t have been a fright night for Live Nation. But investors still saw enough in the concert promotion-ticketing giant third’s quarter earnings report to get spooked. woah i’m early :0 interesting ...
مصدر: billboard - 🏆 112. / 63 اقرأ أكثر »