The vape e-commerce landscape 2017
Regulation and sales
If you are thinking of stepping into the e-cig/vaping e-commerce industry you might be more than a little anxious, and understandably so. The industry’s future is currently under question as rules from the FDA draw closer to fully taking effect. The regulation of the process and standards of manufacturing, distributing and marketing these products will make supply lower as businesses decide whether it’s worth the cost. There is an effort to grandfather products swept up in this regulation to only those on the market after Aug. 8th, 2016. Some argue that this could potentially help many products currently for sale, but it is by no means a sure thing.
Safer than cigarettes
For many years there has been a lot of controversy surrounding the e-cig phenomenon due to concerns over health and safety. Many claim that the media and the regulators simply don’t know the facts behind them, and because of the FDA’s apparent weighting of certain studies and information over others, the government response has been deemed oppressive by many in the industry. Studies have shown that e-cigs and vaping is up to 95% less harmful than smoking conventional cigarettes, at least according to this report. There is information pouring in that supports the idea that vaping is much less harmful than smoking cigarettes. For these reasons and to protect the businesses affected in there is a lot of effort going towards getting these regulations changed in Washington.
E-commerce made easy
If you have been hesitant to get started in this profitable e-commerce industry you may not know how easy it can be to get started. Many people and businesses will tell you that because of the perceived high-risk nature of the products you will need to reserve funds and to search for a payment processor that will allow you to run transactions. We can often simplify the entire process for you. We streamline everything for you and give you the best options with our simple set-up, no reserve vape processing recommendations. Contact us anytime.