Followers | 148 |
Posts | 26041 |
Boards Moderated | 1 |
Alias Born | 02/15/2018 |
![](https://investorshub.advfn.com/uicon/658760.png?cb=1596201704)
Monday, April 08, 2024 6:40:21 PM
Using an incredibly low conversion rate of only 5%, units purchased which get a written review, it is likely generous to say 40 have been sold based on the 2 reviews left in the past 6 months.
5% of buyers taking the time to leave reviews is probably applicable to inexpensive and generic products, like a phone charging cord. This is because most people won't take the time, or feel it is of value to post a review that says, "It works". So, maybe 5 out of every 100 buyers will do that.
For a new technology product, that is hundreds of dollars, it is more then reasonable to expect a higher rate of reviews being left, as those buyers are likely to be younger, savvy, understand the power of commenting on products, and want their voices to be heard.
If we use a conversion rate of 10%, still very low, it would mean only 20 POSVOS units were sold on Amazon in the past 6 months, so let's go with 5% in order to not upset the POSRMX bedwetters.
NOTE: In theory, when VBR increases, Dongles are selling. When VBR stays the same for a period of weeks or months, Dongles aren't selling!
VBR Relevance is simple. A higher number equals higher sales, and the actual Review indicates what buyers think. It's no wonder that with reviews like the only 2 left since August 2023, which are not favorable, sales are not good.
![Bearish](/static/images/ih2-bear.png)
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM