Not so much there is any problem with the business model in my opinion. The prosperity of the business seems largely dependent on the marketing mix spend and return, and gaining traction to become a preferred avenue to this market. This is the biggest question hanging over Cettire and will continue until they have a following that doesn't cost too much to keep. Hard task.
Some of the previous announcements seemed far from inspiring.
Beauty products. Not the core market of Cettire.
JD.com anyone have experience ASX company who has done well on this market? Last company I saw spruiking this was JAT. Nothing seemed to come from that. No surprise for a company like JAT though.
Kids stuff makes sense. No sales data to back up efforts though.
Chinese language makes sense. No idea timeline and cost to do so.
App traction numbers. Download numbers not coming up on Iphone.
Not so much there is any problem with the business model in my...
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