on prices, putting aside the initial investment of a starter kit, at most, the prices including coils and e-liquids should be such that it should cost less than a pack of cigs with similar nicotine content. This going by a thought similar to the 2x babies one. This way the seller profits while the people migrate from big tobacco to e-cigs. However, in current times, The prices WILL fall to a standardized profit margin that's reasonable. The advantage of an early adapter/supplier would be much bigger market reach. I see potential in this business.
though i was thinking 10% profit on investment, which makes business sense..
An important factor when considering coils and e-liquids, is that this is no speciality business. Anyone with half a brain and negligible investment can make their own liquid.
Which means ripping people off will stop eventually.
Im opposed to ripping people off.
The reason this happens in any product or service is cause
a- people are too lazy to d.i.y or research
b- its very new and not much is known i.e lack of knowledge
This always stops.. eventually markets get saturated with product/ service providers. Knowledge leaks
I think in the current world markets, it is becoming harder to follow the old school business model of holding knowledge/access and charge exhorbitantly, Unless a well established monopoly is active.
which brings the question of establishing new business and on what grounds it must be established. I think a new world buisness should be based on one of the below
1- mass manufacturing or selling in large numbers. Get the economies of scale on your side.. this works much better when your reselling than when your manufacturing
2- coming up with innovative ideas and asking a price that is reasonable.. by making the price exhorbitant, the manufacturer in this case attracts lots of attention that could give rise to more manufacturers of the same product, thus harming himself. This ofcourse is unless the manufacturer can patent it or withold knowledge like apple computers.
This is getting wayyy past o.t. My apologies
To sum it up, im pissed at the indian ecig scene. and am considering doing something about it
here's something on-topic.
my order has been shipped. for those of you interested in tracking it
RQ247300710SG
http://www.singpost.com/index.php
@ron. how long did it take? did you pay any taxes? how many bottles of e-liquid did you receive? which site?