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> From the article: "An estimated 300,000 people bought Bluetooth-enabled WeVibes..."

I find that hugely suspect. That would imply almost a $60-90 million business (those things are expensive for a vibrator).

That's a bit off from the financials of "Standard Innovation" the parent corp.



They retail through Amazon and other stores for $179 to $250ish. They sell to retailers through distributors, so you've got two levels of markup. If they're wholesaling for more like $50 and have been available since 2014, that's just $5M a year or so on SI's books.

I wasn't able to find any financials for the company in a quick Google except this CNBC quote from 2013, before the We-Vibe 4 app-enabled product came out:

> We-Vibe, which retails for $79-$170, has been one of those big hits. Over the past five years, the device has amassed cumulative sales of $100 million. And it's gaining momentum. In 2012, the company says, annual sales were 50 percent higher than the preceding year—and the company had revenues of $35 million. It expects those revenues to land between $45 million and $50 million this calendar year.

http://www.cnbc.com/id/100828629


Okay, I guess it really did sell that many cumulatively.

$100 million in sales translates to about 300,000-500,000 units. So, the numbers would be consistent.




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