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How to pick the right products for your vape shop

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As a business owner, making decisions can be difficult regardless of the industry. For those in the vaping industry, choosing the right products for your business can be tricky. You have to make sure you’re picking products that not only enhance your shop, but also cater to your consumer base. Finding this balance may prove hard, but luckily, we’ve put together a list that will have your shop booming with the perfect products in no time.

Join mailing lists

This probably seems a bit old school, but contact every manufacturer and distributor of vaping hardware and e-liquid and add yourself to as many mailing lists as possible. Even if you don’t intend to buy from certain manufacturers, joining their mailing lists can ensure you always know about upcoming product launches. This ultimately gives you a leg up.

Learn what products are out there

That’s a no-brainer, right? But, aside from just googling, and joining mailing lists, how can you find out what’s out there or upcoming? One way is to watch YouTube. By doing this you can find out which upcoming vaping products have the most hype surrounding them.

Collect the necessary data

Knowing your consumer is an important part for any business owner. According to Vapementors.com, “Collecting and analyzing customers’ interests and buying habits can benefit every single company on the planet.” While understanding consumers’ wants and needs is important, it’s only part of the puzzle. Analyzing your own sales trends can help you understand which products and product categories are hot sellers as well as which ones have hit their “expiration.”

Buy low, sell high

With a bit of effort (and research) on your part, you can buy unsold inventory of a failed e-liquid line and turn it into a success for your store. Also, remember, when it comes to distributors, negotiation is key. Distributors often have a bit of wiggle room on price, and If you’re buying in volume, don’t be afraid to negotiate. If you can’t get the price lowered, hey, at least you tried.

About Modern Vapor

Modern Vapor Company is the brainchild of Michael and Pamela Arnold. After using vaping to help them both quit smoking, the couple knew they wanted to help others find the same relief. Thus, Modern Vapor Company was born. Modern Vapor offers a collection of some of the most innovative products on the market and makes them available to you at affordable prices. Contact us today for more information and check out the store!


 

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