IMO Jatcorp sales can be steadied to offset of the loss of Daigou sales. They are doing there best right now by opening up new channels and introducing new products.
One benefit to consumers in China of the Chinese student Daigou sales was that it gave a guaranty of not being counterfeit. That it is genuine Australian product, something high on China consumer concerns apparently.
Jatcorp put systems in place to alleviate knock off concerns with factory labeling with the ability to check legitimate product with a phone app.
Australian sales of formula have consisted of mostly Daigou sales for years. It was hard to know what products the actual Australian local consumers were buying. I suspect NAN for price and quality was the actual top seller.
A2, Bubs, Green Forrest would really have to be suffering now as this probably was huge for them. Some of Jatcorp products and future products have never relied on Daigou. Sunnya Neurio and now Auscess have always concentrated on mainly direct China sales. The same with Jatcorp brands Abbeyard, Moroka, Hopefern and Vmeat etc.
Vmeat is the likely big ticket item that will combine with Sunnya products to bring back huge sales prior to some resumption of Daigou trade IMO.
GLTAH DYOR
JAT Price at posting:
2.3¢ Sentiment: None Disclosure: Held
(20min delay)