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Major Markets
Key Competitors
URB positions itself as an innovative, quality-driven leader in the legal hemp-derived cannabinoid market, offering diverse products and emphasizing transparency and customer loyalty.
Customer sentiment appears largely positive, particularly regarding product effectiveness for sleep and overall satisfaction, indicating URB successfully meets specific needs for wellness and recreation. Positive reviews highlight the brand's ability to provide effective solutions and meet customer expectations for quality.
URB's key value proposition lies in its pioneering spirit, offering 'first to market' hemp-compliant cannabinoid products and a diverse range of innovative formulations. They prioritize quality and transparency through lab testing and Certificates of Analysis, building customer trust and loyalty.
Pioneering innovative hemp-derived products.
Strong emphasis on product quality and transparency.
Diverse product offerings for varied preferences.
Reliance on rapidly evolving regulatory landscape.
Limited mention of direct customer support channels.
Potential for strong competition in a growing market.
Expansion into new legal cannabinoid markets.
Strengthening B2B relationships through wholesale.
Further leveraging customer loyalty programs.
Unfavorable changes in hemp and cannabis regulations.
Increased competition from new market entrants.
Negative public perception of cannabinoid products.
URB primarily serves the US market, with smaller shares in Canada, UK, Germany, and Australia, reflecting legal cannabinoid product accessibility.
United States
90% market share
Canada
5% market share
United Kingdom
1.5% market share
Germany
1% market share
Australia
0.5% market share
21-35 years
Male • Female
Urban Centers • College Towns • United States
30-65 years
Male • Female
Suburban Areas • Coastal Regions • United States
25-55 years
Male • Female
Mid-sized Cities • Rural Areas • United States
28-45 years
Male • Female
Large Metro Areas • Innovation Hubs • United States
50-70 years
Male • Female
Retirement Communities • Sun Belt States • United States
Data shown in percentage (%) of usage across platforms
Implement a points-based loyalty program (Urb Miles) to reward repeat purchases and customer engagement. This will incentivize customers to make repeat purchases, increase customer lifetime value, and foster brand loyalty by offering exclusive rewards and benefits.
Learn moreImplement a personalized onboarding experience based on user behavior and preferences to guide them effectively through product discovery and usage. This will improve user engagement, increase product adoption, and reduce churn by tailoring the experience to meet each customer's needs.
Learn moreCreate strategic product bundles that combine complementary products to increase average order value and provide customers with a better overall experience. This will encourage customers to purchase more items per transaction and discover new products they might not have considered otherwise, boosting sales and customer satisfaction.
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