I am a long time smoker, including my teens, who just recently quit. I have smoked for over 40 years and have no plans on ever quitting smoking. I have, however, been looking for employment in the vape manufacturing industry for a few years now. That is, until the recent news got me thinking about my future and if I could have a successful career that would lead to a higher income.
I’ve seen a lot of people say, “I quit smoking,” but not a lot of people have quit vaping. I have friends that quit smoking, but that’s because at some point they realized that smoking was a huge contributing factor to their addiction. So I’ve also been fortunate enough to quit the vape industry, but I’m a little more of a wannabe than a real estate agent.
I’m really glad that there are people out there who are quitting smoking. But I am not sure the vape industry would be a good career since there’s so much potential for the industry to become a cash cow and a few major players are already making a living off it. I suppose you could make a career out of doing a little bit of everything, but that would only be successful if you did it well.
You could make a career out of selling, as many vapers do, the actual product. That’s what the FDA is currently looking into. Most of the vape companies can’t make money off of the actual product, so they’re in a situation where they have to sell marketing material, which is something the FDA is looking into as well.
Companies like Juul, the makers of the popular e-cigarette, are already losing money. Juul is losing millions annually because it’s not selling the actual juice. The FDA is looking at whether this is a risk to children. The nicotine content of e-cigarette juice is so low that it is highly addictive.
Juul is now losing money because they cant advertise the product like other companies can. These days most consumers are so accustomed to seeing ads on TV, magazines, or from their phone they dont even notice the ads anymore. The only way Juul will be able to gain traction in a world where the products arent really advertised is by appealing to those consumers who don’t want to see a bunch of ads.
While it is a great story that the vaping industry has lost money, it is important to understand that the industry is still going strong. In fact, the recent surge in e-liquid sales by the vaping industry has been so large that the industry is actually losing money today. In the last week, sales dropped by 10%. That will soon get much worse.
While it is true that the vaping industry is losing money, it is a bit misleading to say that it has gone bust because consumers are not actually buying the products. A large percentage of the e-liquid sales that make up the vaping industry is made up by the companies who produce the products. Many vape companies actually have a few warehouses full of new vape cartridges, but the vast majority of vaping products is made in a factory in China.
China’s factories are largely state-owned. So that explains why China has a lot of vape cartridge factories in the first place. But it does not explain why China is the second largest consumer of vaping cartridges.
China is only the second largest consumer of vaping cartridges and the first largest producer of these cartridges. That means the market for vaping cartridge makers is probably about 2/3rds larger than China’s market. That’s why the price is so high. The Chinese government also controls the e-liquid produced and thus knows what they are going to be made off for and what the flavors are going to be.