It is now clear that traditional cigarettes and Next Generation Products (NGP) represent fundamentally different business categories. While traditional cigarettes are the best business to be in, pouches and e-cigarettes are poised to become highly competitive commodities, a trend amplified by celebrities launching their own brands.
Only IQOS, differentiates itself through its adoption of the 'razor and razorblade' business model.
Yes exactly. IQOS's business model is vertically integrated to perfection, leaving no loose ends untied. Comparing IQOS to competing products is akin to comparing an iPhone to Android phones, or Tesla to other electric vehicles.
I usually pay more attention to downside than upside when I own the stock. Seems Glo Hilo could be another expensive experiment that fails eventually. Initial burnt smell, weakened taste after the third puff, no auto-start and auto-stop function...... It doesn't bode well for an imminent nationwide launch.
I have checked a few other reviews (auto-translated to English by web browser), but none mentioned the issue of initial burnt smell or fading taste after the third puff. These could be just anecdotal evidence. Devin Lasarre is now in Japan, and you may want to check his Substack later for updates. He will publish an article on this soon to provide a more comprehensive review.
Thanks for sharing, good stuff! HORICK TV's product review is quite popular in Japan and mentioned in BAT's Capital Markets Day 2024 somehow. Let me take a look.
You're on track to becoming the best tobacco analyst who freely shares his ideas on the Internet.
Thanks for the compliment. I will continue to hone my analytics and broaden my source of information.
It is now clear that traditional cigarettes and Next Generation Products (NGP) represent fundamentally different business categories. While traditional cigarettes are the best business to be in, pouches and e-cigarettes are poised to become highly competitive commodities, a trend amplified by celebrities launching their own brands.
Only IQOS, differentiates itself through its adoption of the 'razor and razorblade' business model.
Yes exactly. IQOS's business model is vertically integrated to perfection, leaving no loose ends untied. Comparing IQOS to competing products is akin to comparing an iPhone to Android phones, or Tesla to other electric vehicles.
new review of GLO HILO:
https://www.youtube.com/watch?v=vt1_LvATHXU
I usually pay more attention to downside than upside when I own the stock. Seems Glo Hilo could be another expensive experiment that fails eventually. Initial burnt smell, weakened taste after the third puff, no auto-start and auto-stop function...... It doesn't bode well for an imminent nationwide launch.
I have checked a few other reviews (auto-translated to English by web browser), but none mentioned the issue of initial burnt smell or fading taste after the third puff. These could be just anecdotal evidence. Devin Lasarre is now in Japan, and you may want to check his Substack later for updates. He will publish an article on this soon to provide a more comprehensive review.
https://yosk8.com/glo-hilo-review/
https://iyusuke.net/glo-hilo-review/
https://i-setu.com/glo/hilo-review/
https://relazo.net/glohilopre03/
Thanks for sharing, good stuff! HORICK TV's product review is quite popular in Japan and mentioned in BAT's Capital Markets Day 2024 somehow. Let me take a look.