FT London with new pricing
FT London always kept the same pricing since the company started to sell products in 2012. In the beginning they started with shipping from Hong-Kong on a prepaid basis. Now customers get the orders for their products from Los Angeles with credit terms. The company is dropping the distributors price and only keeps the Manufacturer’s suggested retail price (MSRP) and the Wholesale price. Second, they significantly decrease the prices for their Gvibe 2 and the smaller version Gvibe MINI.
They also increased margin. In the beginning until now the margin between the distributor- and wholesale price was 26-28%. Now retailers will get 35% discount from the wholesale price which is the biggest and possible discount for distributors. The new price lists can be obtained at FT London. The new pricing starts to be active from September 1st.