Vidable, Inc. Rolls Out a Strategic Plan to Capture 1% of $38 Billion Dollar Market by 2016 to Potentially Generate $380,000,000 in Projected Annual Revenue
CARSON CITY, Nev., May 17, 2012
CARSON CITY, Nev., May 17, 2012 /PRNewswire/ -- Vidable, Inc. (Other-OTC: VIBE.PK) (the "Company"), an online video classified company, today announced the continued roll-out of its platform and business plan to position itself as an all-in-one solution for small and medium businesses (SMBs) in hopes of capturing market share in the growing digital advertising industry. According to a BIA/Kelsey's recent U.S. Local Media forecast, (2011-2016), local online/interactive/digital advertising revenues to increase over 80% in the next five years to approximately $38.5 billion in 2016.
The Company announced its continued plans to market and position itself as a one-stop-shop for SMBs looking to allocate their advertising budgets on digital media as the Company offers video, social media sharing, coupon generation and traffic boosting tools on their website. The Company has already started to roll out its marketing plan by offering incentive credits, or coupons to businesses that sign up and create a free channel on the Vidable site, which credits can be redeemed on the Vidable site for application against Vidable's paid services, such as: click to call, coupon generator, focus on and banner ads.
President Lino Luciani stated, "The first step was to generate credits for business that create a Vidable channel. They can redeem the coupon to try our services free. The next step is to deploy a niche target marketing campaign to be city and business specific. For example we can market to restaurants in New York who are looking to allocate a portion of their advertising budget to develop their digital/online media. We believe these approaches will enable us to build market share in the digital advertising market."
About Vidable, Inc.
Vidable, Inc. is a development stage video based e-commerce marketplace company which intends to connect merchants and customers via streaming video, mobile technology and social media. Vidable is establishing a business model that will simplify the e-commerce marketplace that connects buyers and sellers. The company intends to operate a next-generation website that incorporates streaming video and mobile technology and uses various best-of-breed features. Vidable.com will be a centralized Internet portal that allows consumers to find information about various products and services through businesses and consumer posted videos on a local basis. For more information on Vidable, Inc., please visit its website at www.vidable.info.
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