JMO... But I think for Many Companies, it will appear as Business as Usual.
No Blinking Banners Informing Customers of What is Going On.
No Huge GOOB (Going-Out-of-Business) Sales.
No Panic in Detroit.
Just another Day in the Life.
Because what I think Most Companies are going to do is to keep Playing Out the String. And wait for the FDA to send them Warning Letter(s). And then use up whatever Appeal time they may be granted.
And if that takes the FDA till the End of the Week, or the End of the Month, or the the End of the Year, companies are just going to Keep Selling till they run out of Stock or the FDA tells them to Quit Selling. Whatever comes 1st.
Right?! I'll still blame Innokin for putting out such an excellent kit, myself for liking another drop in coil tank so much
So still trying to buy more zenith .8 coils in bulk from my usual haunts... which all have been out of stock... still are
I might make do with the few boxes I have and call it a day.
I just noted this to someone as well. It's kind of eerie if you think about it, compared to back in April. Regular "Labor Day Sales" going on - you'd think they'd make an epic buttload more if they were emphasizing "Get it before it's too late Sept. 9th deadline!" It's very odd.
In Sales, to make an "epic buttload" of sales you have to have an Epic Buttload of Inventory to sell. Something that Distributors/Retailers are Very Leery of having right now.
And if your do an Epic Buttload of Sales. you Need a way to Ship an Epic Buttload of Packages via a Common Carrier. Something that could End with No Warning. And with Little or No Phase-Out time.
So if Distributors and Retailers can't even guarantee themselves a Seat on the Last Plane Out, I'm Not Sure why they would want to Risk needing an entire row?
They promptly got back to my email this morning with a very strange answer All it said was "handling..." There's a lot you can read into that. I guess I could have asked for further details but I really just needed to know that I had something on the way soon. Especially with Labor Day cutting down an entire day of shipping. Im cutting it close. But their response time is fantastic!
Felt it only fair to update that apparently my email decided to split their second message to me with an estimate of time of sometime next week probably into my spam folder while putting in the first one to focused. So they were doing due diligence just to let me know that they were finding out the answer for me before they found the answer so that was very good as usual they have great communications
Update to they are in fact running a sale right now lol
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I can see where this could make things quite complicated in terms of backlash having to deal with returns and such, but if they're not going to be able to sell after the 9th at all, then they're just sitting on a bunch of stock which never made an attempt out the door.
Even a month ago when "most" of their shipments would have likely arrived to the end user in time, there was still no additional advertisement like there was back in April. In April, everyone and their sister was pumping the deadline. Similarly to back then, there was no guarantee that the product would reach the door step since big carriers were dropping like flies, but retailers still pushed shipments out the door up to the last minute. I don't see much that's changed in comparison to the deadline in April. Maybe I'm missing a large piece of the puzzle that I haven't read about.
And... No use selling out the store at cutthroat prices if the product you are selling is still legal to sell or can/will be sold at full price (or higher because we have already seen some gouging) after the deadline. The FDA is playing this out to the last moments in terms of what will or will not be approved before the deadline not to mention hints of extensions for those PMTAs filed on time yet to be approved or not. With so much government uncertainty for countless years it's not surprising to see a holding pattern at this points for businesses that have made it this far and are trying to actually stay in business beyond the PMTA deadline.
I have always looked at stocking up as personal ability to vape as I wanted insurance, plus it has saved me a lot of money in the long run.
I have always looked at stocking up as personal ability to vape as I wanted insurance, plus it has saved me a lot of money in the long run.
Most of the newer hardware vendors carry has never had a PMTA filed, so it's already illegal to sell.
The FDA has not enforced this (yet).
The FDA has not enforced this (yet).
They don't even have to reduce the prices. The tactic here isn't to legitimately benefit the end user, it's to convince them to buy more. Sure, that can be done with price reduction, but why do that when you have an impending deadline coming up? Seems like they'd be double dipping on themselves.
Like many of "big deals" you see being put up day after day or in the e-mails being sent to you, the huge advertised price cut is often very marginal to what they're likely already selling the product for. Say for example while browsing, you come across an item that's being listed at $40, with the MSRP listed next to it showing $50 with a big X through it. Nice, you're getting a 20% discount from the listed MSRP (which quite often vary greatly - look at DNA mods). These are the every day prices of these items that are listed on these websites.
Now, Joe Schmoe who doesn't browse sites but is subscribed to their e-mail, gets an e-mail that says in big bold letters "Huge clearance sale! (in this case, the deadline) Such and such items at 25% off!" Joe Schmoe says oh wow, a clearance sale and 25% off? I gotta check this out! Clicks on the link to the same item, and the price tag is now 25% off of the MSRP. To him, he feels like he's getting a steal, but for the people that browse these sites and know the general value that these items are being sold for, we know better. The item is listed for $37.50 which isn't bad; it cuts $2.50 off of the S&H in the end. But Joe thinks he's getting a $17.50 discount. And while he is, from the MSRP, none of these vendors are selling these items regularly at the MSRP, or they'd go out of business. It's the same gimmick we see on Black Friday or Cyber Monday, or any other reason they can possibly find for them to post a huge sale event.
That's all that needs to be done here, not cutthroat prices.
I think a Good Way to look at thing is if you came home and found in the Mail that the City was considering putting a Stop Sign at the end of your street. And that here are dates for the City Council meetings to consider it.
So you go to all the meetings. And hear all the arguments For n' Against. But at the end, the city decides that they are going go with the Stop Sign. And they say it will be put in on Sept 9th.
Now, you sure as Hell aren't going Stop at the Corner without a Stop Sign. And come Sept 9th, if there Isn't a Stop Sign, your Not Going to Stop either.
In fact, Your Not Going to Stop there until they get a Sign up. Right?
That is how I think Most companies are going to treating the September Deadline. Until the FDA tells them to Stop, via a Warning Letter, I think most are going to try to Keep Selling whatever they have as Long as they Can.
Most Smaller Companies rely Heavily on Distributors for Inventor.
Whereas Larger Companies like to deal more Directly with OEM's whenever possible. They can get Better Unit Pricing that way. But have to Buy in Larger Sized Minimum Orders. They still use Distributors though for Smaller Quantities and sometimes more Specialized Items.
China won't care about the 9th, they will keep shipping, might be the only way to get vape products in the future.
Was posted in the deeming thread (I think) that IQOS PMTA has been approved.
I'm really shocked.
I'm really shocked.
I'm really shocked.
I'm really shocked.
I'm really shocked.
I'm really shocked.
Honestly I don't think anyone that has been around this forum for a couple years has any doubt how any of this will end up. Flavors gone and only nasty tobacco stuff available. Assuming anything is available at all. This whole thing has never been about public health or "the children." It is now and has always been about money (particularly tobacco settlement money) and control.
I'm not disagreeing with you. But as a marketing tactic, I still don't see why vendors are not hopping on a hype wagon to aid in sales. That would be their number one priority - sales.
I think some Retailers are Leery about Hyping Things. Because they Don't know which Products May or May Not get an Extension?
And if you Hype Things Hard and then Many of your Products get an Extension, you going to look like you were just Yanking People's chains to Cash In.
I dunno?
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