The female-founded wellness company that offers plant-based supplements, remedies, and other functional wellness products, is pleased to announce very strong first-quarter growth on the Amazon platform in both Canada and the U.S. As of the end of the first quarter of 2022, the Company has more than tripled its total annual 2021 Amazon revenue. In addition to this significant growth, the Company’s Bye Bye Bloating product has also already earned the coveted “Amazon’s Choice” badge. While the Company has invested in advertising to grow this channel, with 80% gross margins, its Amazon business is positively contributing to the Company’s path to profitability.
Commenting on these tremendous results, Monica Ruffo, founder and CEO of Well Told, stated, “We are strong believers in a multichannel approach, making our products available when and where our consumers choose to shop. While we are still just getting started with Amazon, this strong revenue growth is a key indicator of the key role this platform promises to play for our company. This is further testament of things to come, as our brand continues to gain awareness, trial and repeat purchase across all channels.”
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