hear, hear
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Who would have thought that the agreement/relationship with Fonterra would be the weak link for Blis. On the flipside companies like Comvita are now able to capitalise on the glut of inventory left over from their poor year last year. Comvita is now off the ventilator and dreaming of the race for an adequate return, Blis is running the race, but can't get past the big fat guy in front of them.
I see this very temporary supply issue as only an issue if you intending on making a quick buck out of your BLT shares. It will get sorted, it may take a few months of even 6 but if you are in for the long haul with Blis then you still should be rewarded. Hopefully they can still pump out enough supply to their website and pharmacy’s to keep the new subscribers to their products stocked in the meantime. The demand is inventively going to drop off though in the next few weeks as human nature says “I’m safe from the virus now, I don’t need these”, which will mean the urgent need for the supply line from fonterra isn’t so urgent anymore.
You might be surprised. I suspect many people will have purchased for the first time, as I did, with the thought that it “might help and can’t hurt” right now. A number of those people may inadvertently discover that the product has actually helped with an existing issue, in which case they may well continue purchasing/using long term.
I have been pleasantly surprised to find that UltraBlis seems to have had a huge positive impact on my long term, chronic cough. I have just started my second bottle, and my cough is pretty much gone. The improvement was noticeable after the first week of taking it and has improved quickly since then. Sure, it might be a complete fluke, but from what I know about my cough and how it manifests/works - I feel quite sure UltraBlis has had an effect. Which means, I will probably continue to purchase.
Dropped into a pharmacy at the Mt. over the weekend.... shelves piled high with Blis, clearly no supply shortage problem going on for them.
In regards revenue I believe all we're going to gain out of this is a healthy blip for a couple of months then back to hopefully steady gains. Increased awareness of Blis products will also be a plus but the question is whether or not any of these positives will be sustained and transferred into longterm gains....hmmmm not so sure about that. ??
I suspect there are a lot of repeat buyers. With Revenue FY18 $5.2M, FY19 $8.4M and FY20 looking like $10.6M
My family is for sure after BLIS absolutely fixed my chronic bad breath issues to my kids rarely getting colds at school, when we do get colds we get over them very quickly. We have been repeat customers for more than 12 years