With the resurgence of interest in alternative medicine, a lot of people are looking for ways to make supplemental income online. If you’re in the cannabis industry, you might be considering setting up an online store to offer a range of CBD goods.
Why Are People in the Cannabis Industry Looking to Online Marketing?
The cannabis industry is a relatively new industry, but it has become very popular. The most recent figures show that over 126.7 million American adults had used cannabis in the previous year and that 4.4 million people in the U.S. diagnosed with schizophrenia probably had their first psychotic episode due to cannabis use.
This is largely due to the fact that traditional forms of marketing aren’t working so well in this day and age. If you’re reading this, you’re probably already aware of the various problems that traditional marketing faces in 2018 and beyond.
The good news is that online marketing offers a range of possibilities for the cannabis industry. So, if you’re looking for ways to engage with potential customers, you might want to consider setting up an internet store selling CBD products.
Cannabis Online Marketing Is a Sub-Industry of E-commerce
If you’re new to the world of online marketing, it’s probably a good idea to find out what sub-industry you’re operating in. It can be helpful to know your audience so that you can tailor your strategy to be most effective. For instance, if you sell clothing, it might be a good idea to target men rather than women since males tend to be more focused on their appearance than females are.
When it comes to marketing CBD supplements and other products associated with the cannabis industry, it’s essential to understand that you’re actually operating in a sub-industry of e-commerce. It’s widely accepted that e-commerce grew at an annual rate of 27% between 2016 and 2018.
Since 2014, the cannabis industry in the U.S. alone has grown from roughly $2.9 billion to $5.4billion in annual revenue.
The Rise of Online Retail In General
If you’re looking to enter the world of e-commerce, you might be wondering what makes it different from online retailing in general.
Well, for starters, the range of products that you can sell is much wider when compared to traditional retailing. You might want to consider an online shop that specializes in selling CBD products since there are so many possibilities for the industry.
Another important point is that online marketing provides you with the flexibility to work remotely. There are no restrictions as to where you can operate since the internet makes it possible for you to do business anywhere. This includes the U.S. as well as other parts of the world. So, no matter where your audience is, you can be sure that they’re going to be able to find you online.
Cannabis and Mental Health
One of the most disturbing phenomena that has emerged in the past few years is the apparent connection between cannabis use and schizophrenia. If you’re reading this, you’re probably already aware of the various problems that cannabis can cause. If you’re not sure what cannabis is, this article may be a good place to start.
In addition to the problems that cannabis can cause, there is also emerging evidence that it can have particularly bad side effects on those who are already genetically predisposed to psychosis. For example, studies have shown that those who suffer from bipolar disorder are more likely to experience hallucinations and cognitive dysfunction when using cannabis. In fact, some experts have suggested that it may be bad for people with mental illnesses and that it’s not recommended at all.
Why Are People in the Cannabis Industry Looking to Online Marketing?
If you’re in the cannabis oil industry and considering setting up an online store, you need to understand why people are starting these businesses in the first place. The most successful businesses in this industry are those that offer a range of products and services and that have adjusted their strategy to target new markets. This is where you come in.
If you’re looking to enter the world of e-commerce, it’s probably a good idea to find out what sub-industry you’re operating in. It can be helpful to know your audience so that you can tailor your strategy to be most effective. For instance, if you sell clothing, it might be a good idea to target men rather than women since males tend to be more focused on their appearance than females are.
Since 2014, the cannabis industry in the U.S. alone has grown from roughly $2.9 billion to $5.4billion in annual revenue.