Anyone business savvy, who keeps up on the latest products and what they are doing in the markets knows electronic cigarettes are about to get really big. They are already huge, with many smokers switching all the time, but for various reasons they are a really wise business venture, for electronic cigarette companies, e-cigarette retailers, as well as consumers. They are a great product, with a really great concept, enabling limitless options for users, and extremely high profitability for manufacturers and retailers.
Over the past 20 years, cigarette companies have seen progressive and steady decline. The US tobacco market hails around $100 billion annually, and since the presence of electronic cigarettes on the scene, tobacco companies have seen even more noticeable declines. While e-cigs are not putting a major hit on them yet, it’s only a matter of time. Currently, e-cigarettes are totalling between $250 million and $500 million, and these figures are enough to keep the tobacco giants on notice.
From a business sense, alternative cigarettes offer a world of options and present a very useful product to consumers. Across all of the major e-cigarette brands, the products are yielding high conversions. They are useful, user-friendly, easy to use, and very convenient products that are more than likely going to keep the smokers happy, without them returning to traditional cigarettes if they have the choice. They know what they are getting, and they are much happier having a smokeless option. The other choices they have always had as backup, such as nicotine patches, nicotine gums, and prescription drugs, to help deal with quitting smoking are much less desirable than having something that simulates a cigarette, with the addition of nicotine at levels they can control. E-cigs feel the same in the hand, are used the same, and leave the user feeling just as satisfied afterwards. They come in many flavors, both in line with what they’d typically expect from cigarettes, as well as others that offer more variety. They essentially give the people what they want, at a great price, without dire consequences and negative effects on the health.
Nicotine is not the problem with cigarettes; the smoke and tar are. This is why smokers are switching constantly, and quality e-cigarette brands are seeing rapid growth! It’s only a matter of time before they are everywhere!