WHAT IS LATENT DEMAND AND THE P.I.E.?
The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price quality and distribution among other factors. Latent demand therefore is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure therefore of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level at the wholesale level the manufacturing level and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain assuming all levels maintain minimum profitability).
The latent demand for facial skin care moisturizers is not actual or historic sales. Nor is latent demand future sales. In fact latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e. not representative of relatively competitive levels). Inefficiencies arise from a number of factors including the lack of international openness cultural barriers to consumption regulations and cartel-like behavior on the part of firms. In general however latent demand is typically larger than actual sales in a country market.
For reasons discussed later this report does not consider the notion of “unit quantities” only total latent revenues (i.e. a calculation of price times quantity is never made though one is implied). The units used in this report are U.S. dollar[]
More detail ...
Nu Derm Skin Transformation System Travel Set ( N/D ): 1x Gentle Cleanser 60ml/2oz 1x Toner 60ml/2oz 1x Clear Skin Blenching & Corrector Cream 57g/2oz 1x Exfoderm Forte Exfoliation Enhancer 28.5g/1oz 1x Blender Skin Lightener & Blending Cream 28.5g/1oz 1x Healthy Skin Protection SPF 35 30ml/1oz 1x BagProduct Line: Obagi - Nu Derm - Day CareProduct Size: 6pcs+1bag[]
More detail ...
The Skin Care Management System is a physician and skin care professional-dispensed home care skin rejuvenation program that can measurably improve the appearance of common skin conditions such as fine lines and wrinkles acne rosacea and skin discoloration. Kit Includes: Bioglycolic Oily Skin Cleansing Gel 8oz A deep follicular cleansing agent that provides extra benefits for extremely oily/problem prone skin. The gel based formula lathers well and leaves skin feeling exceptionally clean and soft. C-ESTA Serum Oil Control 1oz A readily absorbed serum to smooth the skin's texture and make skin more supple. With continued use the skin will become measurably firmer more resilient and facial contours will appear tighter and more defined. Bioclear Facial Lotion 1oz A revolutionary lotion that that produces exceptional benefits for adult acne acne scarring inflammation discoloration enlarged follicle openings the appearance of wrinkling and textural changes due to cumulative sun exposure. Transformation Serum 1oz An oil-free fluid that absorbs immediately leaving a noticeably smoother and more refined texture. Users will experience immediate benefits as well as long-term measurable changes. Antioxidant Face Protectant SPF 30 Waterproof 2oz Combines a revolutionary microscopic sponge encapsulation system state of the art sun protection a powerful antioxidant component and a superb hydrating complex.
- A complete regimen for oily to exceptionally oily skin.
More detail ...
Firming and lifting skin Help stimulate collagen production AHA's smoothes and retexturizes the skin's surface Perfects for skin in intensive moisture[]
More detail ...
Infrared LED Light Therapy Skin Care Device uses a form of energy called Photons to stimulate deep into the skin to repair damaged tissue. The DPL System consists of specifically designed and engineered Red and Infrared LEDs which have been proven to diminish fine lines creases furrows and crows feet. A smoother younger complexion is the result with none of the painful and expensive surgery peels or injections. Its all natural - your skin is plumped refreshed and replenished from deep within using Deep Penetrating Light - DPL Therapy. DPL Therapy utilizes Red and Infrared LED wavelengths and a proprietary design based on NASA research to treat aging photodamaged skin. Laboratory studies have shown that skin cells grow 150-200 percent faster when exposed to certain LED light wavelengths. Independent research for over 40 years has shown LED Red and Infrared light delivers powerful therapeutic benefits to living tissue. Both visible Red and Infrared light has been shown to affect at least 24 different positive changes at a cellular level. DPL Therapy is a non-invasive procedure that activates skin cells with pulses of low-level non-thermal light energy. DPL Therapy converts light energy within the skin cells like photosynthesis which takes sunlight and converts it into food energy in plants.
- Infrared LED Light Therapy Skin Care Device minimizes fine lines wrinkles and reduces crows-feet
- DPL Light Therapy System heals blemishes improves skin tone.
- Infrared LED Light Therapy Unit restores the skins natural cellular collagen activity and regenerates/stimulates collagen.
- Promotes nutritional elements existing within the skin. Reduces overall redness flushing dilated capillaries
- Lessens skin coarseness Lessens pore size Stimulates and activates the metabolic function in skin cells Reduces skin degradation
More detail ...
Contents:
Galvanic Spa System II w/Four Heads White
2 boxes Galvanic Facial Gels with ageLOC
Galvanic II Body Shaping Gel
Galvanic ageLOC DVD
Galvanic Spa II Brochure Single
Galvanic Instruction Card
- Professional spa treatments right at home
- Specially formulated products to facilitate absorption of key skin health ingredients
- Keeps your skin looking and feeling great
More detail ...
