You don’t need to be an electronic cigarette expert to pursue franchise opportunities in this fast-growing industry.
There’s no better time to take advantage of business opportunities in the booming electronic cigarette market. Wells Fargo estimates present electronic cigarette sales to be around $2 billion annually – however, Wells Fargo states that global profits from electronic cigarette sales may top $10 billion by 2017.
How can you get in the game? There are two ways:
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Become an independent distributor. Clearette, an e-cigarette company out of New York, hires independent distributors. The maximum you can earn is $20,000 a year, according to their distributor information.
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Open a turn-key franchise. Companies such as Vapor Smiths, Vapor Zone and Clean Smoke offer franchise opportunities, but only Vapor Zone has enjoyed impressive revenue growth every year. Their earnings projections are much higher but not guaranteed as individual effort, sales, and territory are factors in projecting income.
Vapor Zone offers the best franchise opportunity in the industry—complete with on-site training that’ll make you an expert at operating your store in no time.
Is An E-Cigarette Franchise Worth The Investment?
The question everyone has been asking is whether or not e-cigarettes are a fad. Statistics on e-cigarette use and industry growth reveal a booming niche product with billion dollar annual sales that even Uncle Sam wants a cut of.
The Centers for Disease Control and Prevention (CDC) estimates about one in five adult smokers has tried an e-cig. In 2011, the CDC reported that 21 percent of adults who smoked had also vaped—the number steadily rising from 10 percent in 2010. Investors look for those kind of growth statistics for a niche product.
The high conversion rate of e-cigarettes means that smokers aren’t likely to return to regular cigarettes.
The Benefits of an Electronic Cigarette Franchise
As more smokers switch to e-cigarettes, the demand for a local source to buy supplies and products increases. Chances are your neighborhood does not have an e-cigarette retailer. New and existing customers would frequent your shop able to pick up high quality smokeless cigarettes, sample e-liquid flavors at the fully-stocked Vapor Tasting Bar and talk one-on-one with you—the local expert.
But starting a new business is scary, no matter the niche. Vapor Zone claims to fully support franchise owners around the clock with a combined 100+ years’ experience in manufacturing and distribution. It currently has 12 store locations with new ones added regularly.
The company gives franchise owners a lot of say in how their store is set up. Your e-cig shop can be in a building, mall kiosk or mall inline—where ever you choose.
The company also offers an industry-exclusive Internet sales revenue sharing program that pays you a commission for local online sales.
Here’s what else sets the Vapor Zone franchise apart from the rest:
- Unique and durable e-cig devices
- Premium e-liquid that can be blended in more than 30,000 flavor combinations
- Longer product battery life
- More nicotine levels than most competitors
- Vapor Tasting Bar
- Area Developer Franchises – an option to develop your own network of Vapor Zone stores in your territory
- Vapor Zone manufacturers its own products right here in the USA
If you’re a passionate entrepreneur who wants to make their mark in the electronic cigarette industry, there’s no better time than now. Who knows – perhaps you’ll be cutting the ribbon at your e-cig store grand opening sometime soon!