Just because you paid $100 for a carton of smokes dont mean paying 20 bucks for a bottle of juice is a deal.
Why is e-liquid selling at such high prices ?
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Just because you paid $100 for a carton of smokes dont mean paying 20 bucks for a bottle of juice is a deal.
Isn't the fact that DIY suppliers can make a profit AND I can make liquid at 5¢/ml going to them kind of the issue? Those same suppliers have wholesale discounts when you buy in quantities.
The worst I've heard of isn't the liquid makers but the B&M's that do their own DIY. They think they should get more than they'd get if they were selling a good maker's liquid in spite of the fact they are probably paying less than I do.
You've got a valid point. DIY at 1.50$ /30ml, B&M at 15$/30ml, ( or more), that's at least 850% gross profit. It should pay the rent and then some.
We know the average DIYvaper has nothing to gain and everything to loose from regulations.
I Wonder who gains from preventing DIY ???
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I feel like once it passes the 30 ml's per $30 mark that you're paying too much. In the end, however, if you really want to save you gotta resort to DIY flavors, etc.
Somebody has to stick a label on it, and/or mark the nic level, etc. Somebody has to package it. Pay for packaging and postage. Pay for labels.
Lots of hidden overhead costs.
but I agree......I'm not paying 500% + for premixed juice.
My doctor washes his hands before he treats me. You can wash your hands properly and they are germ free.
Gloves are usually to protect the person wearing them, in the case of using chemicals/nicotine, or in doctor's cases, blood products, wounds, etc.
Not so with hairs falling into juice, etc.
I want to save money.
For 30 $ I can easely make 15, ( fifteen), 30ml bottles ! It takes me 30 minutes,(being slow ), including mixing, bottling, labelling ...etc .
At 30$ a 30ml bottle it would cost me 450$. At 15$ a 30ml bottle it would cost me 225$.
That's why I have been DIY e-juice since I started vaping.
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I never said it was a "deal". It clearly isn't. I said I don't mind paying it. There's a difference.
Oh, and the only time I ever paid close to $100 for a carton of smokes was I rode across Canada some years back. At the time I didn't realize just how silly your prices were (or that my US brand at the time was basically unobtainable in Canada), so I only took 3 or 4 packs with me when I could have brought an entire carton.
sounds like diy is the way to go I guess I should look into this but what is the shelf life of nicoteen base and vg/pg in its unmixed form as I may invest to do it myself if shelf life permits me to do so. I am not a heavy user 30 ml lasts me at least a month at my current vape rate so would shelf life work in my favor on this?
I have researched opening my own shop and most are running 30%-40% profit margin when all is said and done, some less. This is good no doubt but it isn't anywhere near what many in this thread think. How many of you have cable? 32% profit margins, buy medicine? 48%, have cell phone service 48%. You had no problem paying tobacco companies when they run on 42% profit margins you just blamed it on taxes.
Agreed it is hard to see the red or black of finance from the buyers perspective for sure. One thing no one has thought is the insurance needed to cover makeing these fluids and selling online or face to face if no insurance someone that is allergic to said ingredients and still par take are at fault but by law the maker is liable. just food for thought guys nooone knows the costs of setting up like the true venders that do so.
Cable, medecine, cell phones are not DIY candidates, cigarettes are a drug issue that we are fighting with vaping.
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Heh, its running about $8/gallon here in NZ so that argument I find rather comical......
saying vendors have 30%-40% profit margins, doesn't mean much without proper context. Most vendors in this industry are sole proprietors. Depending on whether they take a salary themselves or not, and what their total sales are 30 % could be a really large number, or peanuts.
If i am on the books for a $ 150,000 salary, and my profit margin is 30 % on sales of $ 1,000,000, that is really nice. But if i don't take a salary, and i have a 30% net profit margin on sales of $ 100,000, not so much. The oil and gas industry has about a 5% to 6% net profit margin, but some of them make upwards of $ 15 billion dollars profit a year.
but put that into bottles, labeling and insured then any kind of web fees or local b&m taxes then deal with fda bull. I think the masses here dont understand the true cost of starting a business like this. I am not trying to be unliked just stateing that the costs are higher than most first anticipate by far. try it your self posts your actaul costs then flame as you will from there with your facts.
http://www.e-cigarette-forum.com/forum/showthread.php?t=579621
4th of July Mt Dew BLOWOUT! 6 Flavors for 99 cents! PLUS Vape for a year on Killer Juice!
And his reg prices aren't bad either at 4.99 for 15 ml
4th of July Mt Dew BLOWOUT! 6 Flavors for 99 cents! PLUS Vape for a year on Killer Juice!
And his reg prices aren't bad either at 4.99 for 15 ml
It won't pay the rent because it's not big money even if at huge markups. It would be like trying to pay rent on a restaurant by selling soda (which is similarly dirt cheap). Instead you use that cheap product to sell your higher markup stuff.
But it seems too many going into business lately have an entitlement attitude and think everything they touch gets directly passed onto the customer and marked up along the way. Instead of a fair markup they want to take as much as they possibly can. Then they cry about people shopping at Walmart or buying on the internet.
Funny you should mention cable. When you go to the little local guy you pay less. He expects to eat some costs to get customers. He realizes he's not Comcast and can't make Comcast type money.
Same with tobacco, it was taxes. A pack of cigarettes would still be $1 or less without taxes. They make their money on volume.
You also talk profit margin when most people are thinking markup and profits. Profit/markup is how much you are charging. Profit margins are how much you put into your pocket after all your good or bad business decisions. If you can't pay your rent selling 10ml of liquid a week you don't raise the price on 10ml of liquid to meet your rent, you figure out how to sell more liquid.
So funny! The cost of running a business today requires the markup if you want to be profitable. These juice vendors are not moving the amount of product you think they are. Stick to signing the back of your check you don't have what it takes to be the one signing the front....
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