PriceSensitive

The Calmer Co (ASX:CCO) grows US market presence with launch of new eCommerce store

ASX News, Consumer
ASX:CCO      MCAP $5.339M
22 June 2023 10:49 (AEDT)

This browser does not support the video element.

The Calmer Co (CCO) has launched a new eCommerce store in the United States to sell its FijiKava branded natural health products.

The health and wellness company established its own online store following strong sales performances over the past quarter, with average daily sales figures of more than $2400.

The Calmer Co’s new store will be powered by the Shopify platform in an attempt to further expand the company’s market presence in the US.

The company’s Taki Mai and FijiKava products will continue to be available to consumers through the Amazon marketplace.

The Calmer Co CEO Anthony Noble said there was significant growth potential for its FijiKava product range in the US eCommerce market.

“We believe there is tremendous opportunity to further expand the reach of our traditional Taki Mai brand and to continue growth of our instant FijiKava brand in the USA,” he said.

“With our newly established online store at www.fijikava.com, US customers will now be able to buy and subscribe directly from us, margins will be even higher for this channel without the Amazon merchant fees and with Danodan handling fulfilment from our Portland site.”

The company’s stand-out product is its’ FijiKava instant Noble Kava, with the 150-gram product averaging 24 units per day, and growing.

CCO shares were up 50 per cent and trading at 0.3 cents at 10:49 am AEST.

Related News