SurgePays Inc (SURG)

[traderdogzz]

Penetrating The Market
A company can have great products but all of that is moot unless you can advertise and distribute effectively. This is where I believe the big potential lies with Surge Holdings. The distribution network provides the technological backbone and distribution channel for current services and any future products they develop or acquire. The company cannot, and should not, rely on the success or failure of their pre-paid debit cards and cellphone service plans.

Think about the corner store market and how they do business today:

In December 2017, there were 154,958 convenience stores across the US as well as tens of thousands of corner stores and bodegas
It is estimated that 63% of convenience stores are single-store operators
They are more likely to get their products at a cash-and-carry outlet
This takes a lot of time and has other issues such as a lack of tracking and no formal liability coverage or insurance
And what about national companies wanting distribution through convenience stores? They send their sales team to the store, make a sale and then send trucks to deliver the goods across multiple stores… for a single product. Not an efficient way to do business that involves a lot of time and driving around.

Surge Holdings intends to change the corner market supply and distribution channel. What is that potential disruption and how does Surge break into this market and control the distribution chain? To answer that we need to talk about the SurgePays Portal.