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Jun-2024
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Overview
Market Insights Snapshot
Aloha Tyme Machine has demonstrated steady performance in the Beverage category within Arizona. The brand maintained its position at rank 8 in March and April 2024, before slightly dropping to rank 9 in May and June 2024. This consistent presence in the top 10 indicates a strong foothold in the market despite minor fluctuations. Furthermore, sales figures reveal a peak in April with $21,543, followed by a slight decline in subsequent months, suggesting a potential seasonal or promotional impact that boosted sales temporarily.
However, it is noteworthy that Aloha Tyme Machine did not appear in the top 30 brands in any other states or provinces across the same period. This absence could be interpreted as either a lack of market penetration or a strategic focus on specific regions. The brand's ability to maintain a top 10 position in Arizona's Beverage category, while not ranking elsewhere, suggests that while they have a strong local presence, there is significant room for growth and expansion into new markets.
Competitive Landscape
In the competitive landscape of the Beverage category in Arizona, Aloha Tyme Machine has shown consistent performance, maintaining a rank between 8th and 9th place from March to June 2024. This stability is notable compared to competitors like tonic, which has seen significant fluctuations, rising from 10th in March to 5th in May before settling at 7th in June. Meanwhile, Pure & Simple has held a steady 7th place rank but experienced a decline in sales from March to June. Another competitor, Mellow Vibes (formerly Head Trip), re-entered the top 10 in June after missing the top 20 in May. These dynamics suggest that while Aloha Tyme Machine has maintained a steady position, the market remains highly competitive with brands like tonic showing rapid growth and others like Mellow Vibes making a comeback, potentially impacting Aloha Tyme Machine's future rank and sales trajectory.
Notable Products
In June 2024, the top-performing product from Aloha Tyme Machine was Blackberry Lemonade RSO Juice (100mg THC, 12.5oz), maintaining its number one rank from April and May with notable sales of 377 units. Peach Bellini Juice (100mg) secured the second position, consistent with its April ranking, despite a slight sales increase to 249 units. Pink Lemonade (100mg) dropped to third place from its previous second position in May, with sales declining to 212 units. Tropical Fruit Punch x RSO Drink (100mg) ranked fourth, showing a decline from its third position in May. Pumpkin Cold Brew Coffee (100mg THC, 12oz) remained steady in the fifth position, with a slight increase in sales to 204 units compared to May.
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