I'm new too --- vaping two months. Since I'm new here also, I can't post outside this forum so I'll make my first post here
I keep gettin an error saying that I "cannot post links" when I did NOT attempt to post a link. What's the deal?
Now that I have my minimum 5 posts by breaking up a long post due to repeated use of the "at" symbol, here is the full, unbroken post:
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Considering that I can produce a 10ml bottle of 20mg DYI e-juice for just 58 cents (including Michigan Sales Tax), there is obviously HUGE Markup for Juice makers, distributors, and sellers.
Here are MY costs to produce one bottle of flavored 20mg e-juice with all items purchased from Wizard Labs based upon today's pricing-
1. Nicotine in PG (100mg): 500ml bottle at $56.99 which equates to ~11 cents per ml.
2. PG: 500ml bottle at $9.49 which equates to ~2 cents per ml.
3. VG: 500ml bottle at $9.49 which equates to ~2 cents per ml.
4. LorAnn Flavor: 500ml bottle at $9.49 which equates to ~19 cents per ml.
5. Bottle (dropper tip), 10ml at 49 cents
6. Shipping FREE for over $65 purchase
7. Sales Tax (Michigan 6%)
30% VG Juice Recipe for 10ml:
1. Nicotine 20% which equals 2ml at ~11 cents = 23 cents per bottle
2. PG 40% which equal 4ml at ~2 cents = 8
cents per bottle
3. PG 30% which equal 3ml at ~2 cents = 6
cents per bottle
4. Flavoring 10% which equal 1ml at ~19 cents = 19
cents per bottle
5. Dropper Bottle = 49 cents
TOTAL Cost for 10 ml mix with bottle = 55 cents without local sales taxes. My tax in Michigan would be 6% so TOTAL COST including tax would be 58 cents per bottle.
Buying a 10ml bottle of e-juice locally is, at minimum, TEN TIMES that cost (not including the cost of gasoline).
Of course, I'm not paying for my labor, label or label design, distribution and shipping costs (including related packaging, etc), marketing and shelf-space costs, etc. But I also don't get the Economy of Scale advantage that large producers have.
According to Wikipedia, Phillip Morris CURRENTLY claims that taxes of all kinds accounts for 56.6% of the total cost of a pack of cigarettes. IF that 56.6% applies to Michigan, then the labor and production, distribution, advertising and other non-tax costs for a pack of 20 cigarettes in Michigan is $2.82. That also INCLUDES PROFITS for the manufactures as well as all others' profits in the tobacco pipeline. THEREFORE, without ANY taxes, a pack of cigs would be priced at $2.82 on store shelves.
I canNOT IMAGINE that shelf prices for a 10ml bottle of e-liquid should retail any higher than the $2.82 shelf price of a pack of tobacco cigarettes. I take that back because E-liquids don't have the same sales volumes as cigarettes, so high shelf prices MAY be necessary to provide profits all along the chain. At the same time, e-liquids take up less of that expensive shelf space, shipping space (and weight) than a carton of analog cigarettes ... soooo. And you KNOW that e-liquid Advertising and other marketing costs are almost non-existent. The only real exceptions are the two E-Cigs OWNED by Big Tobacco companies (ie. Vuse and BLU).
I keep gettin an error saying that I "cannot post links" when I did NOT attempt to post a link. What's the deal?
Now that I have my minimum 5 posts by breaking up a long post due to repeated use of the "at" symbol, here is the full, unbroken post:
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Considering that I can produce a 10ml bottle of 20mg DYI e-juice for just 58 cents (including Michigan Sales Tax), there is obviously HUGE Markup for Juice makers, distributors, and sellers.
Here are MY costs to produce one bottle of flavored 20mg e-juice with all items purchased from Wizard Labs based upon today's pricing-
1. Nicotine in PG (100mg): 500ml bottle at $56.99 which equates to ~11 cents per ml.
2. PG: 500ml bottle at $9.49 which equates to ~2 cents per ml.
3. VG: 500ml bottle at $9.49 which equates to ~2 cents per ml.
4. LorAnn Flavor: 500ml bottle at $9.49 which equates to ~19 cents per ml.
5. Bottle (dropper tip), 10ml at 49 cents
6. Shipping FREE for over $65 purchase
7. Sales Tax (Michigan 6%)
30% VG Juice Recipe for 10ml:
1. Nicotine 20% which equals 2ml at ~11 cents = 23 cents per bottle
2. PG 40% which equal 4ml at ~2 cents = 8
cents per bottle
3. PG 30% which equal 3ml at ~2 cents = 6
cents per bottle
4. Flavoring 10% which equal 1ml at ~19 cents = 19
cents per bottle
5. Dropper Bottle = 49 cents
TOTAL Cost for 10 ml mix with bottle = 55 cents without local sales taxes. My tax in Michigan would be 6% so TOTAL COST including tax would be 58 cents per bottle.
Buying a 10ml bottle of e-juice locally is, at minimum, TEN TIMES that cost (not including the cost of gasoline).
Of course, I'm not paying for my labor, label or label design, distribution and shipping costs (including related packaging, etc), marketing and shelf-space costs, etc. But I also don't get the Economy of Scale advantage that large producers have.
According to Wikipedia, Phillip Morris CURRENTLY claims that taxes of all kinds accounts for 56.6% of the total cost of a pack of cigarettes. IF that 56.6% applies to Michigan, then the labor and production, distribution, advertising and other non-tax costs for a pack of 20 cigarettes in Michigan is $2.82. That also INCLUDES PROFITS for the manufactures as well as all others' profits in the tobacco pipeline. THEREFORE, without ANY taxes, a pack of cigs would be priced at $2.82 on store shelves.
I canNOT IMAGINE that shelf prices for a 10ml bottle of e-liquid should retail any higher than the $2.82 shelf price of a pack of tobacco cigarettes. I take that back because E-liquids don't have the same sales volumes as cigarettes, so high shelf prices MAY be necessary to provide profits all along the chain. At the same time, e-liquids take up less of that expensive shelf space, shipping space (and weight) than a carton of analog cigarettes ... soooo. And you KNOW that e-liquid Advertising and other marketing costs are almost non-existent. The only real exceptions are the two E-Cigs OWNED by Big Tobacco companies (ie. Vuse and BLU).
