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Thursday, November 26, 2020 12:45:38 PM
They want to make about a 40% margin on sales so knowing your bottom line / overhead costs is critical. They are also concerned with "sales velocity" or the number of turns your product makes when put on the shelves. Obviously you have to have history so starting with a smaller chain makes sense. The goal is to show them a good price point and sales turnover so they can take a risk of taking your product on board. All these things are being done as we speak and ARSN will will be a mega runner in short order. To all those that got in at .008, you got in cheap as ARSN will be going silver so don't give up now, in fact just average down and wait for the upcoming news.
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