economics of ecigs?
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Are you referring to the economics of the e-cigs business, or the economic effects of a analog smoker going to e-cigs and the cost
of being a vapor.
Clarify plz
The business of e-cigs would make a great paper. E-cigs is major waves into a well established system, tobacco business, major funding source for government and drug companies. These enterprises will not take this laying down. Post your paper when you get it done.
of being a vapor.
Clarify plz
The business of e-cigs would make a great paper. E-cigs is major waves into a well established system, tobacco business, major funding source for government and drug companies. These enterprises will not take this laying down. Post your paper when you get it done.
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Forbes ran an interesting financial article, right before the AG's got their panties in a twist & proceeded to send the FDA a letter of extreme urgency. I would be a liar if I didn't find this more than coincidental...
The ANTZ keep touting that businesses picked up after the smoking bans occurred. Truth is, only a few businesses remained alive, which picked up the slack.
The first calif ban was in 1990.
The statewide ban in 1998.
It's been going down hill so bad since that, its a disgrace. The ANTZ blame it on the president, the president blames it on the previous president, everybody blames the lack of work, on everyone but the bans. People started choosing to work from home, shopping on the internet... So, next they blamed the internet. There used to be long 3 block lines at the movies & awesome diners, now they too are closed or barely hanging on. They blame that on netflix, not the bans. Even Sears, Gottchalks, Montgomery Wards, K-mart, all took huge losses, some going belly up. Nobody needed all those nice new clothes anymore when they weren't going out to work or to dinner & a movie. They blamed that on ... Building rents.
Take a look at this little jewel.
1998 onwards especially.
List of business failures - Wikipedia, the free encyclopedia
Incomplete List of failed retail type stores ( count how many since 1990, 1998 especially)
http://en.wikipedia.org/wiki/List_of_defunct_retailers_of_the_United_States
A tally
http://freerepublic.com/focus/f-news/571546/posts
during 2013, over 4000 smokers & ex-smokers attended the first ever ECC (electronic cigarette convention). Next year, I imagine it will double, then triple... I'd love to see the lines forming in every local town again, & vaping will make that a reality, if the towns stop listening to propaganda & really look at the bottom number.
Sorry, but just had to mention this even tho it's not what you meant. It really needs to be addressed though if towns ever want to see a comeback. Those who complain are ANTZ out doing the dirty work, making a "cause" before city councils even know what eCigs are, because they've never seen one, don't know...
The bans and taxes were to blame for the fall of America, but the ANTZ deny that ferociously. Their pockets are full....
The first calif ban was in 1990.
The statewide ban in 1998.
It's been going down hill so bad since that, its a disgrace. The ANTZ blame it on the president, the president blames it on the previous president, everybody blames the lack of work, on everyone but the bans. People started choosing to work from home, shopping on the internet... So, next they blamed the internet. There used to be long 3 block lines at the movies & awesome diners, now they too are closed or barely hanging on. They blame that on netflix, not the bans. Even Sears, Gottchalks, Montgomery Wards, K-mart, all took huge losses, some going belly up. Nobody needed all those nice new clothes anymore when they weren't going out to work or to dinner & a movie. They blamed that on ... Building rents.
Take a look at this little jewel.
1998 onwards especially.
List of business failures - Wikipedia, the free encyclopedia
Incomplete List of failed retail type stores ( count how many since 1990, 1998 especially)
http://en.wikipedia.org/wiki/List_of_defunct_retailers_of_the_United_States
A tally
http://freerepublic.com/focus/f-news/571546/posts
during 2013, over 4000 smokers & ex-smokers attended the first ever ECC (electronic cigarette convention). Next year, I imagine it will double, then triple... I'd love to see the lines forming in every local town again, & vaping will make that a reality, if the towns stop listening to propaganda & really look at the bottom number.
Sorry, but just had to mention this even tho it's not what you meant. It really needs to be addressed though if towns ever want to see a comeback. Those who complain are ANTZ out doing the dirty work, making a "cause" before city councils even know what eCigs are, because they've never seen one, don't know...
The bans and taxes were to blame for the fall of America, but the ANTZ deny that ferociously. Their pockets are full....
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Remember that the e-cigarette business is larger than just the direct sale of the product to consumers, it also has a tangential influence in other markets. Obviously these additional influences vary depending on the size of the economic activity, but right off the bat you can categorize some of them into broad spheres:
Business to business activities:
- Print materials (e-liquid labels, print shops (or specialty printer manufacturers), physical print material (brochures, adverts, business cards, other promotional printed material), and locally manufactured boxes, packing material, etc.)
- Raw material purchases (ingredients and material sourced domestically)
- Digital media (web hosting, online advertisements, TV/Radio advertisements)
- Retail (Retail furnishings)
Mixed (Consumer & Business) activities:
- Events (hotel/hosting revenue, local tourism, travel revenue)
Localized Business activities:
- Employment (direct staff, payroll taxes, insurance)
- Security (Security devices, Security Services)
- Taxes (Business (State & Municipal) taxes, income taxes, licensing taxes (where applicable))
So while you'll probably find some information on the size of the industry with Forbes and Wells Fargo, these additional categories may or may not be contemplated within their figures, and events, such as ECC or the smaller Vapebash/VaperCon/Vapefest/etc, generate a significant amount of revenue for the cities that host such events (through hotel taxes and localized tourism, which supports local businesses). Mapping out these ramifications takes a lot of time, but it can help paint a more complete picture of the impact.
Business to business activities:
- Print materials (e-liquid labels, print shops (or specialty printer manufacturers), physical print material (brochures, adverts, business cards, other promotional printed material), and locally manufactured boxes, packing material, etc.)
- Raw material purchases (ingredients and material sourced domestically)
- Digital media (web hosting, online advertisements, TV/Radio advertisements)
- Retail (Retail furnishings)
Mixed (Consumer & Business) activities:
- Events (hotel/hosting revenue, local tourism, travel revenue)
Localized Business activities:
- Employment (direct staff, payroll taxes, insurance)
- Security (Security devices, Security Services)
- Taxes (Business (State & Municipal) taxes, income taxes, licensing taxes (where applicable))
So while you'll probably find some information on the size of the industry with Forbes and Wells Fargo, these additional categories may or may not be contemplated within their figures, and events, such as ECC or the smaller Vapebash/VaperCon/Vapefest/etc, generate a significant amount of revenue for the cities that host such events (through hotel taxes and localized tourism, which supports local businesses). Mapping out these ramifications takes a lot of time, but it can help paint a more complete picture of the impact.
Let's not forget about all the money spent on shipping, both from our venders to us, as well as shipping from the manufacturers to distributers and vendors. And then there's credit card interest if you don't pay them off every month.
I would imagine a Better Business Bureau could provide some generalized retail numbers for a Small retail business for the things you list here. That might help in determining the impact.
Good resource. The SBA might also have some insight to offer. If either association don't have direct numbers on the e-cig shops, you can extrapolate similar industries (for example, handmade soaps and essential oil shops have a similar requirements) and estimate the relative size.
With events, it's a little simpler. ECC had approximately 14,000 (I think that was the last number I heard) people attend. Compare it to similar sized events in the same location and you might get a good estimate on how many people are local and how many fly in. Just based on some of the video feed I saw, I wouldn't be surprised to see a ratio of 1:4 (out-of-towners:locals), which still an impressive number of hotel rooms and travel expenses.
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