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McKhenry

5,299 Posts.

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24/05/19

13:40

Post #: 38729698
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Originally posted by shovel40: ↑

Hi techfacts, sure a lot of sales in retail have gone online and killing bricks and mortar. But we have both for LIFX. Or would you prefer just online sales.
LIFX is fortunate enough to be selling in many big name Coys. Off the top of my head in Oz
Bunnings
Officeworks
Beacon lightning
JBHI FI
Harvey Norman
These Coys are massive chain's.
Surely you can see this would add to sales. I get there is a cost for shelf space and a cost to display lights. But who can visualise what the lights look like through say an Amazon website showing a picture of a bulb.
And as for some of the overseas retail bricks and mortar sellers they aren't no name Coys. Home depot, Best Buys etc.
Sure bricks and mortar cuts margins but getting sales is priority.
For LIFX to be head to head with the likes of Philips this soon in a fairly new niche says a lot.

So my final question to you, "Do you think many people have walked into a retail shop, saw the lights, and bought then and there ?"

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BUD Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
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