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China deal..... Fukang Ren?, page-19

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eieio

3,778 Posts.

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04/05/18

11:24

Post #: 32882740
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Originally posted by bread89 ↑

I like this strategy, having both Lexilis and Evolis coming on China shore. Just like having Coke and Pepsi compete with each other, but the competition will only lead to one result: more sales, because we control both products.

To date, Maria hasnt update anything to us regarding China sales. The partnership, deals that we had in US, probably helped by Mr Eck, is really exciting. First it is Neiman Marcus, now we have bloomingdale. These deals are in different league compare to the one we have with China. When will we be entering Yintai or Parkson department store in China...like we did to US?

My take is, focus on US, Jap and Aus markets first, when we gain our fame and success from these markets, it will be much easier to penetrate into China market. All these shampoo, mask and activators are not cheap for average ordinary Chinese, and they will not pay a premium, if the products is not famous in overseas. Just my 2 cents.

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Why not test the present desirability of the hair and facial products by flogging them through AU8 for starters? If the local Chinese will buy them in order to on-sell them to mainland Chinese then you have another way of testing the market.

CDY Price at posting: 52.5¢ Sentiment: Hold Disclosure: Held
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