The Hamster Garage team is excited to collaborate with SonderMind as they look to expand their affiliate marketing initiatives to reach more people in need of mental health support.

Dallas, Texas, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ:MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing and selling a variety of men’s health and wellness products via a secure telemedicine platform, including its uniquely formulated erectile dysfunction (ED) drug branded “Mango,” is excited to announce the official launch of its affiliate marketing program via its newly designed website at www.MangoRevenue.com. “Affiliate marketing programs have been shown to drive huge gains in trust and awareness when properly marketed and executed correctly and we believe that this strategy will add additional brand recognition and notoriety for our MangoRx brand,” remarked Jacob Cohen, CEO and Co-Founder of MangoRx. “As affiliate marketers are compensated based on sales and performance, this new and dynamic channel is perfect for growing additional topline revenues while at the same time reducing the upfront cash burden that has traditionally been spent on digital marketing and advertising. We believe that a well-executed and marketed affiliate marketing program can lead to driving more than roughly 20% of the Company’s overall gross revenue.” According to a recent affiliate marketing survey, the global affiliate marketing industry is worth over $17 billion and is expected to grow to a market size of $27.78 billion by 2027. Additionally, 81% of brands use affiliate programs to boost brand awareness and drive sales with these affiliate marketing programs accounting for 16% of all internet orders in the U.S. Major brands get 5% to 25% of their overall online sales from affiliate marketing with 20% of brand marketers claiming affiliate marketing is their most successful revenue driving channel