IOT 0.00% 0.1¢ iot group limited

Rova Sold out at Amazon ?, page-74

  1. 1,563 Posts.
    That's fine gps, understand.
    I was interested in comment about selfie drone space being crowded. My research indicates exactly the opposite.
    Regarding the the recently announced retailers for the Rova, only 5 out of the 12 listed retailers stock any selfie drones at all. Of the retailers that do offer selfie drones, currently all the selfie drones are higher in price, up to significantly higher in price than the Rova.
    To summarise:
    B&H - 5 selfie drones on sale. Price range $US 450 to $US 1200
    Best Buy - 5 selfie drones on sale. Price range $600 to $US 1600
    Sam's Club - 2 selfie drones on sale. Price range $US 500 to $US 1300
    Best Buy - 1 selfie drone on sale. Price $US450
    Walmart - 16 selfie drones on sate. All $US1000+

    By deduction, you can see that 7 of the 12 retailers do not currently sell selfie drones. IMO, this offers significant market opportunity and growth potential for IOT.

    This article is worth a read on the subject of drones:
    http://www.dronethusiast.com/us-drone-registration/
    Nice numbers eh?
    cheers
 
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