Ultimate Guide to e-Cigarette Retail Business
Step By Step Guide on how to Open a Vape Shop on a Budget
The e-cigarette business has thrived since it started. During 2012-2013 E-cigarette industry has seen a growth of around 300% over the previous year. It is expected to grow even more and by the end of 2017, it is expected to reach around 3 billion dollars. Yet the business is still in its infancy. There is incredible potential for expansion, especially right now. Those same market professionals also believe that the market will continue to expand, with e-cigs outselling traditional cigarettes by 2047. Does this sound like the kind of opportunity you are looking for?
Why is the e-cigarette retail business so appealing? The answer is simple. E-cigarettes present an untapped market where you can not only have a business, but also expand it around the corner, around the Internet, and ultimately, around the world.
By starting an e-cigarette business now, you can get into the market before it becomes saturated. Too many products are hard to sell. You have to take a low-profit margin on those other products because everyone else is trying to sell the same thing. The demand is great, but the supply is even greater.
I have been at the forefront of e-cigarette business both the wholesale and retail level for last three years. I am not only a wholesaler and retailer, but I am also a direct importer of e- cigarette products. I have made numerous trips to China in last few years and seen first hand how massive and fast-growing industry this truly is.
I put together this guide book to give my readers an inside look at how easy it can be to set up and operate an e-cigarette retail business even with a tight budget.
This is a two-part guide. The first part I discuss everything about how to setup and start your retail business. The second part I discuss how to start and grow your online business. You can essentially start both at the same time or just start one of the two, whichever you are comfortable with.
After reading the first part you will learn:
- How to get started
- How much you will need
- How to allocate the budget
- How to select the right location
- How to negotiate a lease on a store
- How to decorate and set up your store
- How to order your products/inventory
- How to pay for the inventory
- How to properly merchandise your store
- How to promote, advertise and market your new business (marketing plan)
- How to have a grand opening
- How to operate your store day to day
- How to wholesale to other local retailers
In Part two you will learn:
- How to get a domain and hosting registration done for your online business
- How to setup an e-commerce site even if you have never done one before
- How to find a credit card processor to process your online payment
- How to easily build up your online store
- How to merchandise your online store
- How to ship products to your online buyers
- How to market and promote your online store effectively
- How to have a grand opening of your online store
Remember every day you wait and think about taking the first step; someone else is already taking that same first step and getting ahead of you. Opportunities are being taken every day, so don't fall behind. Get started and this is the tool to help you get started on the right track.
Good luck!
About the Author:
I am Shane Alexander a 43 year old small business owner, but more importantly I am a proud father, a husband and electronic cigarette smoker. Here is a little background on how got into the world of Vaping.
I have been puffing cigarettes as long as I can remember, and it was inevitable that I would not only contract a sinus, but also go through a throat surgery.
Undergoing the medical procedure, I was strictly warned not to smoke for a week. Since I had no other choice, I figured out that after 29 long years, the time had come for me to say goodbye to smoking.
However, it is not easy to give up on a habit that you have developed over the course of 3 decades, and like most smokers, I resorted to nicorette gums, but that didn't help.
And then I saw an ad for e-cigarettes on the internet. The particular one I saw was an ego tank type, and at that time I was simply confused as to what it really was. But somehow I managed to order it along with 18 mg strength nicotine, and I received it the next day.
I took the first puff and had an epiphany! The product was clean and had a superb taste. I was getting my dose of nicotine without taking in the bad stuff like tar and other carcinogens. The best part is that I could smoke at home, and anywhere else for that matter
I now have a full time business where I do direct import and wholesale of electronic cigarettes and related accessories directly from China and supply to around 150 retail location throughout the U.S.
