PM
Philip Morris International Inc
Owner of Zynn
How Do They Make Money?I found this company while filling up my car. There was a group of kids on the next pump over must have been college aged. However, they were talking about Zyn they seemed to love it. Not too familiar with this product but I figured I would ask them about it. What would happen if the price goes up? Would you still buy it? Yes? It seems as though Zyn or something is being claimed to have health benefits. I think people are free to believe what they want. However, this showed me one thing a loyal customer base. In the same way a person who is dedicated to smoking is unimpacted by new laws regulations price increases.
Now, lets talk about Warren Buffet companies. You could take your coat off in a snow storm but it would be inconvenient. Buffet companies are the same you could compete against them. PCC airfoils competes against Howmet Aero Space. However, PCC airfoils has a more integrated supply chain and price control.
Philip Morris is the same not really a fan on how easily such young individuals accept something is good for them. As I have seen a lot of business men claim their products are health products or good for you. Only to be found out at a much later date after their money is already made. Yet, I do know that this company has me very interested.