Cosmos Health has launched a subscription-based purchasing model for its proprietary consumer health brands. The model is currently live with NOOR Collagen, a proprietary product formulated with premium marine collagen tripeptide, and has achieved a repeat purchase rate above 60% and margins in excess of 50%. The company expects the model to provide recurring revenue, cash flow visibility, and stronger customer relationships, and plans to extend it to additional products globally. Cosmos Health manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union, and owns brands including Sky Premium Life, Mediterranation, bio-bebe, C-Sept, and C-Scrub.
Cosmos Health Inc.Launches subscription model with high repeat purchase rate and margins, driving recurring revenue.