During the corresponding time, Leapfrog Enterprises Inc saw a revenue deteriorated by -42.54 % year on year, sequentially revenue grew by 23.57 %. While revenue at the Leapfrog Enterprises Inc's corporate clients
Leapfrog Enterprises Inc's Comment on Sales, Marketing and Customers
Our customers generally fit into one of the following categories:
Retailers that resell our products to consumers, through their retail stores and
their own online channels, in the U.S. and some international regions;
Distributors that purchase our products for resale to retailers, generally internationally;
and
Direct consumers who purchase our apps via our App Center.
Retailers and distributors purchase our products in advance, for pickup from our
manufacturers in Asia, or through orders placed to our U.S. or international warehouses
where we maintain inventories to meet expected short-term demand. Products are
generally shipped through free-on-board terms, and their titles pass to customer
when they are loaded on board at the port of shipment. Customers pay through pre-established
letters of credit or upon payment terms, which are usually based on the date of
shipment. Generally, we do not provide rights of return or extended payment terms
to our customers, except for industry standard terms surrounding the return of
defective merchandise.
