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Jun-2024
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Overview
Market Insights Snapshot
FlowerHouse New York has shown notable performance across different categories and states. In the New York market, the brand has maintained a strong presence in the Flower category, consistently ranking within the top 10. Specifically, it moved from 4th place in March 2024 to 7th place by June 2024. This downward trend might be a point of concern, but the brand still manages to stay competitive in a crowded market. The sales figures reflect this competitive positioning, with a peak in April 2024 at $802,395, although sales slightly declined in the following months.
In the Pre-Roll category, FlowerHouse New York has experienced relatively stable rankings, hovering around the 9th to 11th positions from March to June 2024. Despite a minor dip in sales from $231,281 in April to $197,037 in June, the brand has managed to stay within the top 30, which is a positive indicator of its market resilience. The consistency in rankings suggests a loyal customer base and effective market strategies, even though the sales numbers indicate some fluctuation. Overall, FlowerHouse New York's performance across categories and states shows both strengths and areas that might need strategic adjustments.
Competitive Landscape
In the competitive landscape of the New York flower category, FlowerHouse New York has experienced notable fluctuations in its rank and sales over recent months. Despite a strong start in March 2024, ranking 4th, FlowerHouse New York saw a decline to 7th place by June 2024. This drop in rank is significant when compared to competitors like Nanticoke, which improved its position from 8th to 5th, and Electraleaf, which managed to climb back to 6th place after a brief dip. FlowerHouse New York's sales peaked in April 2024 but subsequently decreased, whereas Rythm and Zizzle showed more consistent performance, maintaining their presence in the top 10. These trends suggest that while FlowerHouse New York has strong market potential, it faces stiff competition and must strategize to regain and sustain higher rankings.
Notable Products
In June 2024, the top-performing product for FlowerHouse New York was Trop Cherry (3.5g) in the Flower category, maintaining its rank from May and achieving sales of 2166.0. Gas Face Pre-Roll 2-Pack (1g) debuted at rank 2 in the Pre-Roll category with notable sales figures. Slurricane (3.5g) in the Flower category reappeared at rank 3 after being unranked in April and May. Gush (3.5g), also in the Flower category, entered the rankings at position 4. Lastly, Runtz Infused Pre-Roll 2-Pack (1g) secured the 5th position in the Pre-Roll category, marking its first appearance in the rankings.
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