Is it game over for Prime?

@tomtalksinvesting

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Why it worked

The video taps into a recent, significant business failure of a highly visible and popular brand, generating curiosity and discussion among consumers and business enthusiasts.

Summary

The video discusses the potential downfall of the Prime beverage brand, highlighting its Australian arm entering administration with significant debt and minimal cash reserves. It also mentions declining demand, supermarkets clearing stock, and ongoing lawsuits as major concerns for the brand's future.

Structure

1Introduction to Prime's past popularity
2Australian arm enters administration
3Financial difficulties and debt
4Declining demand and supermarket stock issues
5Legal troubles and their impact
6Conclusion: Game over for Prime?

Product placement

Prime (drink): acts - it is a beverage that was extremely popular in 2023, and is now facing financial difficulties. Removing it would change the subject of the video. Logan Paul (person): appears - he is one of the co-founders of Prime and is shown in a picture. Removing him would not change what happens in the video. KSI (person): appears - he is one of the co-founders of Prime and is shown in a picture. Removing him would not change what happens in the video.

Call to action

let me know what you think in

Original caption

Prime's Australian arm has entered administration and it looks like the whole brand is under pressure too.

More from @tomtalksinvesting

On-screen text

Is it game over for Prime?

Transcript

So we all remember Prime. Yeah, you know, it was absolutely crazy back in 2023. I remember people paying silly money for a bottle like £20. But times are very different now it seems. And yeah, it's big, big trouble for Prime. Their Australian arm of the business has gone into administration. 8 million Australian dollars of debt and they've only got a cash pile of $85,000, whilst the global brand is just about clinging on. I probably think this is the end for Prime. I mean, demand has fallen off. Yeah, it's not 2023 anymore. When was the last time you bought a bottle of Prime or maybe even saw somebody drinking one? Supermarkets have got rid of a lot of the product lines. Actually, I often see them reduced to clear, which is obviously a very worrying sign. Another huge issue for Prime as well is its lawsuits. It has multiple lawsuits against it. That's just gonna eat up cash. It's not what the business needs. So, yeah, there you go. It looks like it's game over for Prime. I can't see them clawing it back. But let me know what you think in