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What is your opinion on starting an online vaping company

Connie975Connie975 subscriber Posts: 14 Bronze Level Member
Hi guys,

I am looking for answers, do you think creating an exclusive online website, to sell my product would be a good idea, or try to launch it through Amazon, would generate more sales.

Comments

  • jordanmcclurejordanmcclure subscriber Posts: 15 Bronze Level Member
    Yes, you should create website for selling your vaping products online. This could help you to increase your sales. But for that you have to research more.

    As an online store for vape products, you have certain product options for selling. These are the products you’ll usually find on any online vape store. That means you can cover each one of these products on your store as well:

    • E-liquids
    • E-cigarettes
    • Vape Pens
    • Mods
    • Batteries for mods
    • Coils
    • Replacement glass for tanks
    • Covers for vaping devices
    • Wires and cotton kits
    Sure, the vaping industry has a strong potential. But, this business sets itself apart from other businesses because of its relation with FDA.
    According to FDA, any manufacturer or supplier who is involved with such products have to display health warnings on the products as decided by the regulations. Manufacturers or sellers who are involved with such products using online platforms also have to showcase the health warnings.

    We will be talking how to start an online vape shop and the platforms you can use to start an online. Specifically for the vaping industry, we suggest these 3 eCommerce platforms.

    1. BigCommerce
    2. Shopify
    3. 3dcart

    Market Your Online Vape Shop :
    A. Organic Search : Advertising using Google Ad is not possible but there are tons of searchers who use Google Search Engine every single day to find & buy vape products.

    B. Facebook : Just like Google Ads, you can’t promote E-cigarettes and vape products on Facebook Ads. But you can still create a Facebook company page and connect with the community groups on Facebook.

    C. Reddit : As we know, Reddit is one of the biggest social media platforms in the world. When it comes to communities, Reddit has so many groups/communities with thousands of subscribers where you can get involved and market your store.

    High Risk Merchant Accounts for E-Cig purveyors

    Increase in online purchases and advent of e-commerce have given merchants a good way to capitalize in this booming industry. However, getting merchant account for such companies is quite difficult. As it is a high-risk product, rates for the merchant account may be high. Talking about other reasons that make this industry high risk, they are:

    •  Availability of fake products on the web

    •  Disputed nature of the product

    •  Substantial charge back history with illegitimate merchants

    •  Lack of regulation and enforcement on the industry

    Despite these reasons, there are ways to accept payments from MasterCard, Visa, American Express and Discover credit cards. Professional service providers like Paycron team up with a range of reliable banks and offer customizable solutions for the business. Merchants are given access to pay terminals and latest POS systems to assure they get everything that’s needed to accept credit card payments in-store. In addition, solutions and tools that help in processing payments, preventing frauds and increasing revenues are also made available.


  • arjun123arjun123 subscriber Posts: 114 Silver Level Member
    First, let's understand the process of how to start your online vape shop. .... But if you think, there's still a lot of potential for this business
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