Why did you not become an official distributor for South Africa?Im sure you would have been busy with Butterfly sales.
I remember you stocking some products from them
I was official, until I decided not to distribute they products.
When I was stocking it, there was 3 other official parties stocking it.
SA market is not big enough for 4, in fact no where else in the world Butterfly had 4. In fact they all cutting down to 2 or 1.
Why I stopped:
One of the other one was selling Tenergy below cost - that time R500/USD50, now they are selling for R300/USD30
Those guys also get huge governemnt contracts (kit our Olympic teams etc) and the management also reportedly had ties to terriost groups in Africa.
Apparently I heard from the market that they also have history of selling fakes.
So I concluded that these guys don't play fair on the scale of profit/loss, so it is pointless for me to continue doing Butterfly.
As I need the profit (really little from Butterfly products) to fund sponsorships, and other forms of social responsiblities.
Butterfly couldn't do anything about it, so I stop stocking them.
In fact getting rid of Butterfly was my best decision so far.
With the weakening of ZAR, it made Butterfly product more unattractive and Xiom and Yasaka coming to the party with great specials for me to offer the SA market.
Butterfly is really overrated. Quality of product has gone down, while pricing has gone up.
For other countries who earn 3 times more than South Africans, they can afford to spend extra 20% to buy a Butterfly product. In the SA TT community - where majority are from below average income groups (and earn 3 folds less than Europe), Butterfly doesn't make any sense at all.