Fraser: Gemist home try-on product has 50% to 70% margins
Madeline Fraser · "Jewelry Industry Digital Transformation Needed: Can Shopify Jewelry Save the Day?" · Aug 23, 2023 · at 10:53
Madeline Fraser refutes investor Elizabeth Yin's assumption that Gemist's physical try-on product generates near-zero margins.
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“No, no, it has margins. It's like a wholesale. So it has at least 50 to 70% margins.”
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