Mangoceuticals Sets Sights on $30B Men’s Health Wellness Opportunity
The men’s health and wellness segment is growing at a compound annual growth rate of 15% and is expected to be worth $30 billion by 2029. The growth stems from growing awareness and increased focus to lead a healthy and productive life. Mangoceuticals Inc. (NASDAQ: MGRX) is one company that has embedded itself in the fast-growing market segment with a unique product.
Mango Special Formulation
While still under the radar, MGRX stock has started showing signs of breaking out on the company, embarking on an aggressive strategy to popularize its flagship product, Mango. Created using a special formulation, the product features Tadalafil, an active ingredient in Cialis. It also contains Oxytocin and L Arginine, therefore able to help men achieve optimum performance.
The Mango product line stands out on its unique blend of ingredients approved by the US Food and Drug Administration. Mangoceuticals has sought to strengthen its prospects in the multi-billion men’s health and wellness segment by launching a new product under the Mango brand.
The second Mango product leverages existing compounds and Sildenafil. The new product will be available for purchase in the summer as Mangoceuticals seeks to establish itself as a legitimate player in the multibillion-dollar sector.
While the market has proved to be big enough, only players with products with a competitive edge stand to accrue significant market share. Consequently, Tadalafil and Sildenafil are unique Mango products that should allow the company to target specific niches in the segment.
For instance, Tadalafil is one solution that should attract strong interest and sales from people looking to last longer. On the other hand, Sildenafil is highly suited for individuals looking to enjoy faster efficacy. The company also plans to develop new products that transcend the men’s health marketplace, helping them go hard as they can.
Marketing Mango
Equipped with proven and highly effective products, Mangoceuticals has embarked on a high-profile marketing and public awareness campaign as it looks to draw in as much sales as possible. It has already launched its Make America Hard Campaign as it looks to drive a nationwide movement for men’s health and wellness while popularizing the product.
The campaign is optimized to lead traffic generation into the company’s telemedicine platform, MangoRx platform, and consequently help drive revenue. The optimum goal is creating awareness around the platform and the product by driving web traffic.
The Make America Hard Again campaign is multi-pronged and designed to enhance revenue generation while accruing significant consumer data. The data will underpin future marketing efforts in the race for opportunities in the men’s health and wellness segment.
In the race to increase Mango product line visibility and unlock new revenue streams, Mangoceuticals has also inked a strategic sponsorship deal with the GaS Digital Network. A deal with the well-established digital comedy platform provides a leeway to market the Mango product line to over 5 million listeners per month.
GaS has already committed to promoting and incorporating the flagship product into each sponsored episode. The ultimate goal is to generate 1 million unique impressions over a span of 2 months. Mangoceuticals CEO Jacob Cohen expects the strategic partnership to lead to loyal and long-term customers for the Mango product line.
The GaS digital collaboration builds on a similar partnership with Barstool Sports that will see Mango sponsor the Only Stans podcast. By sponsoring the widely popular podcast, Mangoceuticals stands to gain access it a massive audience that expects yet to appreciate its product line. The nationally recognized brand could catalyze the Mango product line into new markets, given its massive market footprint and audience size.
The aggressive marketing campaign comes against the backdrop of Mangoceuticals completing a highly successful public offering in which it raised $5 million in gross proceeds. The new findings are expected to accelerate the marketing campaigns for product awareness and operation expansion as the company looks to target a broader target market.
Bottom Line
Mangoceuticals remains well positioned to accrue significant market share in the men’s health and wellness segment, backed by an effective, proven formulation for optimum performance. The expertly formulated products crafted with FDA-approved ingredients target all the challenges men experience in intimate situations.
Packed in a rapidly dissolving tablet, the solution can produce results in under 15 minutes and can last up to 36 hours. The product has what it takes to disrupt the $30 billion marketplace and generate significant shareholder value. This might explain why the stock has been flying high under the radar.
Disclaimer: We have been compensated for advertisement services on MGRX by a 3rd party. Please make sure to completely read and understand our disclaimer at InvestorBrandMedia.com/Disclaimer
