A survey conducted by the U.S. Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) has shed light on the flavor preferences of youth who use electronic cigarettes. The 2022 National Youth Tobacco Survey, which comes amidst the FDA’s crackdown on illegal sales of flavored vapor and ongoing review of flavored electronic nicotine delivery systems (ENDS), reveals that nearly 85% of current youth e-cigarette users reported using flavored products.
Read moreThe vaping industry has experienced remarkable growth over the past decade, evolving from a $1.6 billion market with 5 million users in 2013 to an impressive $5-8 billion industry boasting 20 million users by 2022. This significant expansion presents a compelling opportunity for entrepreneurs interested in entering the vaping business. However, success in this competitive market requires more than just recognizing a trend. This guide aims to provide aspiring vape lounge owners with the essential knowledge and strategies needed to establish and operate a thriving business.
Read moreThe vaping market is dynamic and diverse, with a constant stream of new devices, e-liquids, and accessories hitting the shelves. For vape store owners, this vibrant landscape presents both exciting opportunities and significant operational challenges. One of the most critical, yet often underestimated, aspects of running a successful vape shop is effective inventory management. Getting it right means optimized cash flow, satisfied customers, and a healthier bottom line. Getting it wrong can lead to lost sales, wasted capital, and frustrated patrons. This guide will delve into essential strategies and best practices to help you master your vape store inventory, transforming it from a potential headache into a powerful asset.
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