Exclusive: Airsoft to Launch E-Commerce Platform for CBD Products

Airsoft, a major technology provider in the foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) and cryptocurrency space, has revealed exclusively to Finance Magnates that it is launching an e-commerce platform for cannabidiol (CBD) products.

The platform is a full turnkey solution for the CBD market - the first of its kind. The software aims to take away all the logistics problems that exist in the CBD market, allowing the firm’s clients to concentrate solely on managing their call center or online website.

The solution has e-commerce related CRM features with advanced learning tools. This includes integration to CBD related Affiliates Affiliates Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers compensate affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition The bro Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers compensate affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition The bro Read this Term and to payment solution providers with approved CBD merchant accounts.

Furthermore, the platform provides access to CBD hemp-derived related products at a discount to suggested retail rates that can be applied as a private label. Clients can also access the full drop shipment protocol with tracking tools.

The CBD platform was soft-launched in August of this year, in order to collect selected clients’ feedback and suggestions. According to the company, the results were very promising.

CBD market is red hot

In 2018, the global CBD market was valued at $3,088.51 million, according to research firm Market Research Future. By 2026, this market is estimated to reach $2,207,162.54 million, and record a compound annual growth rate of 125.58 percent from 2019 to 2026.

Following the passing of the Farm Bill in the United States, which legalized hemp, the market has attracted more confidence. It was this event that sparked Airsoft’s interest in the market. Furthermore, the company’s drive to find new business verticals also motivated the software provider to take on this new market.

Speaking to Finance Magnates Shay Benhamou, the CEO of Airsoft Technolgy said: "We at Airsoft are always looking for new business verticals where we can apply our proprietary technology to attract clients in growing industries and segments.

"The passing of US Farm Bill and global deregulation trend in the CBD industry has opened the door to a new industry that we believe will be a substantial growth factor for Airsoft in [the] coming years."

In particular, the company started exploring the online CBD sales industry after the bill was passed in the final quarter of last year. Then, in the first six months of 2019, Airsoft put together a dedicated team to define and create the turnkey solution, the company told Finance Magnates.

Airsoft will be an exhibitor at the upcoming Finance Magnates London Summit on the 13th of November. If you’d like to know more information on the CBD product offering, the company encourages participants to visit and ask more questions.