$PLTXF @goplantx Meanwhile, PlantX Life (PLTXF:OTC US) which operates the largest online marketplace in the category, increased its SKU's to a stupendous level, listing 5000+ plant based products. The digital marketing research tool AHRefs suggests that PlantX is currently seeing a sharp uptick in search traffic, partly driven by a growth in search demand of at least 15 product lines for which search demand has grown. A recent report from a growth fund stated that PlantX is severely undervalued versus its peers, raising the target nearly eightfold.
The CEO of PlantX, Sean Dollinger said: "We act quite similar to an ETF because we provide exposure to the widest range of plant based products. No matter how many brands might come and go, as a marketplace, we're here to stay for the long haul. We help create the industry winners of the industry. Deeper into 2023 we'll be announcing additional partnerships with brands that are very well funded."
Remember Gamestop and Ryan Cohen? The significance of Gamestop $GME, is that the founder of PlantX, Sean Dollinger, worked with Ryan Cohen and co-founded three websites that follow the single category platform idea. Dollinger leverages the same approach as Cohen: They build up strong communities around a niche, serve them with products and information, and build ecommerce platforms at the center of these communities. People like Dollinger and Cohen seem to be very patient with a focus on building valuable communities and valuable relationships with suppliers. This type of strategic patience ultimately led to Gamespot announcing their first profit now in March 2023.
Three marketplaces in particular: Walmart, Amazon and PlantX, all provide interesting data proving just how wide the plant based food product category has stretched.
https://www.ibtimes.com/plantx-life-update-pl...ts-3679838
The CEO of PlantX, Sean Dollinger said: "We act quite similar to an ETF because we provide exposure to the widest range of plant based products. No matter how many brands might come and go, as a marketplace, we're here to stay for the long haul. We help create the industry winners of the industry. Deeper into 2023 we'll be announcing additional partnerships with brands that are very well funded."
Remember Gamestop and Ryan Cohen? The significance of Gamestop $GME, is that the founder of PlantX, Sean Dollinger, worked with Ryan Cohen and co-founded three websites that follow the single category platform idea. Dollinger leverages the same approach as Cohen: They build up strong communities around a niche, serve them with products and information, and build ecommerce platforms at the center of these communities. People like Dollinger and Cohen seem to be very patient with a focus on building valuable communities and valuable relationships with suppliers. This type of strategic patience ultimately led to Gamespot announcing their first profit now in March 2023.
Three marketplaces in particular: Walmart, Amazon and PlantX, all provide interesting data proving just how wide the plant based food product category has stretched.
https://www.ibtimes.com/plantx-life-update-pl...ts-3679838
