Greenspan claims Whoosh Screen Shine is non-toxic and resists fingerprints
Jason Greenspan · Phone Cleaner Will Do $5m-$10m This Year, Launched in 2012 at CES, EP 274: Jason Greenspan · Jun 10, 2016 · at 2:11
Jason Greenspan, founder of Whoosh, describes the proprietary formulation and performance features of Whoosh Screen Shine.
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“And our formulation, what's really cool about our stuff is it's completely non-toxic. So if you go online and see some of our videos on YouTube, whatever it is you know, we show it non-toxic. I do a demo where I sprayed it in my mouth to show how clean the product is. And then also it leaves a nano film on your, a nano film, Film on your screen that provides resistance to fingerprints, so it's pretty cool.”
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Greenspan says Whoosh is on track for $5M to $10M 2016 revenue
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Physical retailers require 35% to 50% gross margins, says Jason Greenspan
“Most retailers today are looking for, you know, roughly between a, I would say a 35 to, ah, 50 points of gross margin, so they can afford, you know, the rent, the store, the staff, all that kind of stuff.”
Branded consumer products should target 40% to 50% gross margins, says Greenspan
“Yeah, I think they,
Should be aiming for roughly, you know, between 40 and 50% gross margin, right?
If you're building a branded product.”
Jason Greenspan claims most CPG companies operate at roughly 5% net margin
“Yeah, net bottom line, most, if you look at most consumer product goods companies, they're netting around five percent, right?
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