Approximately 10% of the USA population has type 2 diabetes and another 20-25% are pre-diabetic. (per current CDC estimates)
*What if GLUC gets a measly 2% of known type 2 diabetics as return customers.
- 33,000,000 x .02 = 660,000 customers
- A minimum bi-monthly purchase level = 330,000 units sold monthly.
- I'm guessing the profit margin at 40-50%.. lets say 5 bucks a unit for easy math.
330,000 x 5 bucks = 1.65 million profit monthly.
Now think, what if it gets 10% or goes Global???