E-Cigarette Supplies Business
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The global e-cigarette market is set to reach USD 44.55 billion by 2024, driven by the rising consumer demand for resource competent vaping products. The growth for e-cigarette market is prominently being driven by growing health awareness and environment-friendly usage.
Need for the alternative product as a result of rising taxes on traditional cigarettes (tobacco rolled) and its products has been one of the factors driving the growth of the electronic cigarette industry.
Emerging factors such as increasing awareness about harmful effects of traditional cigarettes, improving lifestyle, and growing e-commerce business are expected to upsurge the growth of the market.
While there are certain limitations on e cigarettes in Australia, there are 74000 people worldwide searching for electronic smoking devices per month with 2400 monthly searching for liquid vapor on Google.
Please Note: The data shown above is derived solely from the Google search engine and does not consider search data and volume from other search engines.
The E-cigarette and accessories business will become primarily be posed as an international online store supplying e-cigarette devices, accessories, parts and vaping liquid.
The business owner will be able to supply both consumers and businesses in Australia and various other countries with supplies both pre-branded and with custom branding and packaging.
Suppliers for this business have been sourced and verified from multiple countries including US, UK, and Hong Kong and have been trading for at least 5 years. Minimum stock order requirements are very low and certain products have no minimum requirements.
Our import team will always negotiate and liaise with suppliers to enquire that not only are products are of the highest quality, but pricing is always excellent including shipping costs.Furthermore by designing your own custom packaging and stationery, brand awareness will drive higher levels of traffics and sales.
If carrying your own stock or branding is not something that is essential, then this business can be operated solely on a drop ship basis which doesn’t require the operator to hold any stock. This alternative model for this business allows for products to be directly shipped to customers without carrying any stock.
Our system provides automatic stock level updates, in-built supplier verification system and one-click ordering from various supplies from a marketplace consisting of over 10,000 suppliers.
Using the search data above, we take the sale price of a typical e-cigarette mod device is $50. Purchasing this directly from our Manufacturer will cost approx $12, giving this product a markup of approx 320%. Profit will be $38 per sale. Vaping liquid is another brandable product and cost is approx. $2 / 15 ml from one of our US based suppliers. Sell Price is $15 / 15ml with a markup of 650%.
Hence at 15% of the 2400 monthly searches for vapor liquid as an example, your revenue will be $13 x 360 (Sales) = $4680 / month alone. ** Minus Advertising Costs.
** Please keep in mind that any potential earnings or income mentioned is general in nature and dependent on a variety of factors. It is to be used strictly as a guide only.
*** Profit potential also doesn’t include other forms of advertising that can be employed by the owner such as B2B email mailouts, Facebook & Instagram Marketing, Online support groups and more.
- Domain Name Research & Suggestions
- Transfer & Ownership of domain name.
- Professionally Designed Logo
- Australian Developed Ecommerce Ready Website.
- Custom Designed Website Graphics
- Page Content Writing
- Product Import Management
- Reliable Supplier Contacts
- Product Catalog Setup & Import
- Product Category Set up
- Import of 200 – 350 Products
- Transfer of Hosted Database
- Set up of New Hosting and Transfer
- Built-in Advanced Drop-Ship System
- Automatic Supplier Score Feature
- Custom Stationary Design
- Ownership of all master graphics, banners and logos.
- Instagram Business Account
- Facebook Business Page
- Twitter Account Setup
- Google+ Account Setup
-Custom Facebook Marketing Campaign
- Ebay Shop Integration
- Accounting Software Integration
- Site Speed Optimization
- Search Engine Optimization
- Multi Currency Converter
- Custom Designed Facebook Adverts & Banner
- Stripe / Afterpay Payment Setup
- Paypal Payment Setup
- 50+ Hours of Marketing Training Videos
- Personal 1 on 1 Training Sessions
- 12 Months of Support by Email, Skype and Phone
- Lifetime Business Technical Support
If you are interested in owning and running this business opportunity, it involves a development process that takes approximately 2 – 4 weeks to complete. This will be initiated through a business development sales contract and our team will be liaising with the new owner during each and every process of development.
All development details from business name, colour schemes, logos to content will be discussed and implemented with the owners approval including the establishment of marketing campaigns to drive traffic and start making income.
The business owner will be able to supply both consumers and businesses in Australia and various other countries with both pre-branded and with custom branding and packaging.
For more information and to answer any more questions you may have regarding this business opportunity, please do not hesitate to contact us .
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