Tag Archives: 2016 Industry Trends

E-Cigarette Franchising is Rising

VaporFi FranchiseThere’s no time like the present. So if you have ever given owning a franchising serious thought, consider the electronic cigarette industry as the gift of your future endeavor –  available now.

And at the forefront of this entrepreneurial charge is VaporFi.

Established by parent company International Vapor Group (IVG) in 2013, VaporFi drew the immediate praise of many hardcore e-smokers as well as would-be entrepreneurs. Recognizing the chance for expansion, IVG introduced VaporFi’s franchise opportunities in 2014, and by 2016 the brand has seen excellent demand to join a company with an established track record continuing to reflect the many successful stores and lounges that have already opened for business.

So why franchise with VaporFi? Here are just some of the gainful benefits, shall we say, “in-store:”

  • All VaporFi e-liquid sold is made in the USA.
  • All products are manufactured by VaporFi who backs their products 100%.
  • With production and manufacturing done ‘in-house,’ VaporFi guarantees low-overhead; saving you money while earning more of it.
  • Increase profitability with VaporFi’s exclusive revenue sharing program, which pays commission for all internet sales generated in your store’s area.
  • Offering some of the most durable devices and unique e-liquid blends on the market, the name VaporFi is not only well-known but synonymous with quality, innovation and customer satisfaction.

There is little doubt the e-cigarette business has grown at a rapid pace and continues to do so as popularity for the most recognizable alternative to smoking skyrockets the world over. Overall sales of e-cigs and vaping products such as mods, vape pens devices, and e-liquids are expected to surpass $10 billion by 2017. And such accelerated growth is directly attributed to e-cig firms like VaporFi, who initiated their brand’s successful presence online and have since enjoyed significant market share with continued store location openings throughout numerous cities and states across the country, as well as internationally.

To inquire about opening a franchised vapor shop with the award-winning team at VaporFi & International Vapor Group, please visit: http://www.vaporfi.com/our-company/franchising.html

New York’s State of Vape

New York VapingNew York has always been known as The City That Never Sleeps. But one might imagine how Frank Sinatra would have spread the news if it were declared The City That Never Smokes.

According to a recent, and first of its kind study conducted by NYC’s Health Department, more than a half million city adults say they use electronic cigarettes. The findings, published by the New York Post, indicate a significant shift in the amount of younger people who prefer “vaping” over old fashioned tobacco smokes. The report also signals an already rapidly increasing trend as to just how much sales are far better for e-cigarettes and far worse when it comes to traditional cigarette today as opposed to yesteryear.

The Details   

According to the newly annual Community Health survey, around 14% of New Yorkers ages 18 to 24 acknowledge having used e-cigarettes or nicotine-infused vapor mods within the past year. Those who identified within the ages 25 to 44 made up roughly 11%, while the total number of adults surveyed found that 8% say they have vaped over the past 12 months.

The study also reveals Staten Island leading all boroughs with 12% going the way of the vape, and when broken down even further, Staten Island’s North Shore and the Brooklyn neighborhood of Bensonhurst led all New York City areas – topping over 14%. Such results clearly indicate millennials and generation X-ers take a particular liking to e-cigs over tobacco and that the trend has unlimited potential within older age groups seeking an alternative to smoking.  

So without further delay, it is fair to say that vaping is here to stay. And though hurdles still remain, large, progressive cities such as New York continue to have a profound influence on both the social acceptance and financial persistence fueling its ever-growing market popularity and profitability, well into the foreseeable future.

The Near Future of Vaping: Where We’re At, Where We’re Heading

Vape IndustryThe vapor industry is a really exciting place to be at the moment. It is a movement thriving on the brilliance of its consumers, and the limits are constantly getting pushed passed preconceived notions. Right now, we are at a major crossroads for the industry, as the technology is getting seriously into overdrive, while government regulation is looming ahead in many places across the world. As the industry has grown from a seldom seen occurrence into a serious mainstream niche market, it shows how impressive and forward-moving these products have been.

However, at the same time, with progressing and success comes the necessity of rules needing to be rewritten, and in regards to the vapor industry, the game has changed so much, rules are being rewritten everywhere. With millions across the US and Europe having ditched tobacco cigarettes for high tech mods and powerful vaporizers, it has become quite accepted that vapor offers a tremendous experience, with no regulation.

As was noticed quite prominently at Vape Jam, which just occurred in the UK last weekend, the vibe was both excitingly progressive, as well as cautious in regards to the impending discussion of regulations we know will be started this year. The industry has become so technical on its own, as a movement by vapers, for vapers, one of the most impressive trending aspects currently is how dedicated to safety, and self-regulating the industry is. While many vapers are after the showy mods that boast incredible features and the largest capacities for power, behind the scenes is extremely technical and innovation-focused. All of the major companies in this industry are interested in creating the safest, most efficient, and the cleanest devices. It’s about pushing further into the unknown, and developing products consumers can trust are safe.

And in terms of regulations, the vape industry knows they are coming, and will begin to be implemented in May 2016 in Europe, and TBA in America, for better or worse. While many do not see regulations as a completely negative scenario, as they can work to the favor of the industry by offering standards and safety, it is within the hope of all vapers that they are of the more common sense variety.

The Industry is Booming; Get In With a Franchise

VaporFi FranchisingThe electronic cigarette/ vapor industry has been booming every year, and growing exponentially. It has become a billion dollar industry, with immense innovation, prospects, and developments that are happening at a seemingly almost daily rate. In fact every year turns over new discoveries, new advancements, and new sub-niches, which have enabled consumers to achieve a greater sense of satisfaction, as well as have their needs met in the most comfortable way possible.

So what does this mean for you on a business level? Well, if you’ve thought about branching out in an entrepreneurial way, have thought of owning your own vapor business, or have considered getting into the vapor industry due to the rapid growth, there is no better time than right now to do so. This industry is incredible, and it’s only getting bigger.

One of the best ins into this industry, if you are not already aware, is with a VaporFi franchise. Are you intrigued, yet?

VaporFi is well-respected, highly-recognized name, with a track history of great performance. This model has been constructed, fine-tuned, and perfected for excellent returns. Available in several different setups, and able to meet a variety of different needs, this brand was made for expansion. Currently set up throughout the continental US, and throughout several locations internationally, VaporFi is on the move.

A VaporFi franchise would enable you to be your own boss, with a fully-established time-tested brand and a low-overhead setup cost. Instead of going it alone, you’ll be backed by one of the vapor industry’s most trusted names, and among the very best quality in products and e-liquids. VaporFi has done the work in branding, research, development, and manufacturing; as well as creating a state of the art Point-of-Sale (POS) system for detailed inventory management.

Want to know how to start what could be the beginnings of a beautiful business relationship with us, and be on your way to vapor business ownership with VaporFi? The first step is to apply!

Vapor Product Trends Outlook for 2016

2016 Vaping TrendsWith a new year right upon us, we are looking forward to what’s to come. Every year, we watch the vapor products industry evolve in new directions, unveil all sorts of new innovations, and experience the technology in action.

In 2015, the availability and options in regards to the most high-tech box mods, sub ohm devices, and exceptionally high quality e-liquids became extremely mainstream. What used to be reserved for only the most eager of DIY vape enthusiasts became accessible to any and everyone who wanted to experience the power of taking the control of a box mod into their own hands. In a few short months, the industry changed entirely. Trailing on this trend, we expect 2016 to offer even greater offerings in terms of technology, and making very advanced products available to those who want them, without having to construct them on their own, if they do not want to.

As for regulations, we are awaiting them because it seems rather imminent in the US. One way or another, (and hopefully they will be created with fairness and common sense in mind), it is only a matter of time before they are here. While we do not know what to expect exactly, we do hope that all regulations instituted are fair and not oppressing to the industry and its users.

It has been predicted that the overall sales of electronic cigarette products sales for 2015 would be somewhere in the vicinity of $3.5 billion; quite a legitimate market when you weigh all angles. In fact, current models show that by 2018, the vapor products industry is expected to reach the $10 billion range. The growth is imminent, and despite the impending regulations that are clearly an obstacle the vapor products market is contending with, this industry is way greater than a single trend; it’s a thriving niche.

So, 2016 is almost here and we are most definitely looking to the future with promise and optimism. We expect growth, innovation, and continuing to evolve with this ever-changing industry. From everyone here at IVG, we wish you a super, happy New Year!