IFG infocus group holdings limited

Infocus Update, page-2

  1. 6,322 Posts.
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    frankly I can’t follow your suggestion.
    now customers still can’t purchase groceries on Frugl App.
    most likely because discounted products always locate in different shops so logistics is an issue.

    how could IFG make money from Frugl app?
    my suggestions are:

    1 once there are half million users of the App, IFG has opportunities to earn $1m advertisement fees from food/ healthcare companies.

    2 IFG should further develop the app with new AI functions.
    when users of the app talking what they wanna buy this week, then the APP will automatically generate a summarized report(showing list) that where and when to shop to save money and time.
    even if only charge $2 for the report each time, if 100k users using it, it will generate $2m+ profits pa for IFG.

    3 IFG can sell selected Asian groceries independently on its app, at cheaper price compared with Asian groceries stores in Sydney/Melbourne which normally makes 35%+ gross profits.
 
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