RE: Sunday Morning chat7 Mar 2021 13:38
Hi LP160...
See my previous post from earlier this weekend. In summary they appear to be extremely established, not a bog standard re-seller - I would agree with you if that was the case. However they are an Amazon store (although we can speculate this will be sold as the P2F brand as it is elsewhere). For ease of reading here is my previous research on how established they are:
1. They have been established on Amazon for over 6 years. The companies house formation is 2015.
2. All of their items in Amazon are marked as top seller status for Europe. I clicked on a few of their products and none of them were outside the top 1-9 for their category across Europe.
3. All of their products have 10,000s of strong reviews against each product (not just the brand). And many 1,000s more than the other top sellers when you click through to the top seller. IMO only a small % of people leave reviews on Amazon versus other sites such as Ebay, which rely heavily on seller feedback, so this would indicate millions of units of sales, with an infrastructure to support. As per the other comments the mask will generate it's own reviews to monitor. I am merely counting the number of reviews not the review content.
4. All of their products are available via Amazon prime. Indicating these will go via prime also. **Updated 07/03 - Based on the emails and tweets since I would say this is now confirmed as Amazon prime**. This is a big plus as everyone knows how much business now goes through Amazon.
5. After clicking off their website, I have had FM London products flash up on Amazon banners elsewhere on other websites. They may have marketing ties with Amazon also. Sales can increase exponentially if Amazon are pushing this product across their EU sites.
6. They are across 40-50 countries depending on which article website you read. Small wholesalers have declared 1,000s of packs sold per day with no press since the launch on Thurs. If you time that by 30 days in an average month, by 40-50 countries that is many millions of sales per month (well in excess of the minimum announced). When you consider A) the strength of the product and B) the dire COVID position around Europe these numbers can easily be achieved in my opinion.
As I say I believe it is canny as they have leveraged an established partner's reach, sales, and infrastructure to move product (and may possibly have the backing of the Amazon juggernaut as well). We shall see when these go live.
--IMO--