Hey V
I am a process versus a content guy so F is adaptable and can represent any word you like depending on the circumstances, even F for the word oft used when angered. Ha
Re the ‘clipping’ vmt distribute everything ex china and soco do for domestic / mainland china ( not Taiwan.....ours) The exception is 3rd party deals so we continue to distribute Ducati models globally (i cluding mainland China).
I figure we ‘win’ cause soco were selling muliples of our volume into China already and now we clip the ticket of half that. Ballpark calculation. X = vmoto sales. 5x = soco sales. Total sales =6x.
Our ‘clipping’ has increased from x to 3x. Yay.
Of course we continue to get the cream via ex china ‘margins’. Retail price ex China is 3 maybe 4 times that in China. Except 3rd party deals such as Ducati which we keep anyway in China but charge a mozza cause of ‘branding’. Yay.
Ripper deal.
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3 | 24500 | 0.100 |
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