InvestorsHub Logo
Followers 13
Posts 1492
Boards Moderated 2
Alias Born 06/08/2013

Re: FinsDontRule post# 4489

Saturday, 04/28/2018 1:30:09 PM

Saturday, April 28, 2018 1:30:09 PM

Post# of 7114
Compared to what? A start up or an established company with product awareness and a returning customer base? Another thing to consider is that Wal-Mart's previous pricing of 9.73 was undercutting the product's potential selling point.

12.73 is a much better sell point and gives the company a much better profit potential. If I were to guess the profit margin, I'd guess that production with shipping is around 1/3 of the 12.73 and a 60/40 balance split between the company and the retailer.

With that equation, that gives the company roughly 5 bucks per unit, but at 9.73 the profit margin was much lower I'm sure.

Lastly, the first generation blueberry quite honestly tasted ok at best. The new product will get a much better return purchaser because it tastes great and fuctions as claimed....JMO
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GLUC News