Survey: 82% of US Convenience Stores Sell E-Cigs And More

121
Want create site? Find Free WordPress Themes and plugins.

A survey of U.S. convenience stores by Swiss global financial services company UBS has shed some light on the current electronic cigarette market.  The survey of some 10,000 stores asked about their dealing with e-cigs and their expectations for the future.

The single most impressive finding is that despite e-cigs only having a market for a couple years, a whooping 82% of convenience stores currently offer them to customers.  Of stores that offer electronic cigarettes, 32% offer 3 or more competing brands.

Stores have also been seeing growth in e-cig sales and expect it to continue.  The lion’s share of stores (80%) have seen growth in the last 12 months.  78% expect growth to continue (20% responded as Not certain).

The industry is also far more fragmented than many probably believe.  Currently, there are more than 250 brands fighting for space in the electronic cigarette market.  One of the survey questions asked What is your best selling e-cig brand? The survey offered NJOY, Vapor (Krave), Metro, Smoker Friendly, blu, and other as possible answers.  Other was selected by 41% of the stores, NJOY followed at 32%, and blu came up last at 2%.  This may soon change as Lorillard (purchasers of blu) implement a more extensive sales campaign.

Similar to a survey done by Wells Fargo, UBS sees regulation, tax, and patent litigation as a source of continued uncertainty for the industry.  States continue to push individual regulations for e-cigs, it is unclear if tobacco taxes will come to affect e-cigs (they already do in Minnesota), and Ruyan–the debatable originators of the e-cig–continue to push for a piece of other companies’ income.

Still, UBS sees the transition to electronic cigarettes as one that will take time.  From the introduction of cigarettes in the late 1800’s to when they truly took over the tobacco market from smokeless spanned about 45 years.  However, if e-cigs take 1% of the cigarette market, that equates to upwards of $1 billion in retail sales.  This makes e-cigs a more viable market than some would give it credit for being.

The fast moving changes that social media and global communication networks have made possible could make the transition from conventional to electronic cigarettes something that could happen in less than a decade.

Did you find apk for android? You can find new Free Android Games and apps.

You might also like More from author

121 Comments

  1. perkins loans says

    Hello there, just became aware of your blog through Google,
    and found that it is really informative. I’m gonna watch out for brussels.
    I will be grateful if you continue this in future.
    Numerous people will be benefited from your writing. Cheers!

  2. beaufort golf says

    When I initially commented I clicked the “Notify me when new comments are added” checkbox and
    now each time a comment is added I get four emails with
    the same comment. Is there any way you can remove people from that service?
    Thanks a lot!

  3. travel meetup groups says

    Good way of describing, and nice post to get facts concerning my presentation subject matter, which i am going to
    convey in university.

  4. travel companions says

    hello there and thank you for your info – I’ve certainly picked up something new from right here.
    I did however expertise some technical issues using this web site,
    as I experienced to reload the site lots of times previous to I could get
    it to load properly. I had been wondering if your web hosting is OK?
    Not that I’m complaining, but sluggish loading instances
    times will often affect your placement in google and
    can damage your high-quality score if ads and marketing with
    Adwords. Well I am adding this RSS to my e-mail and could look out for much
    more of your respective exciting content. Make
    sure you update this again very soon.

  5. cashsmile.net says

    It’s an amazing piece of writing for all the internet people;
    they will take benefit from it I am sure.

  6. air travel says

    Peculiar article, just what I wanted to find.

  7. http://ampmix.net/ says

    Now I am going away to do my breakfast, once having
    my breakfast coming yet again to read additional news.

  8. tourism keep says

    What’s up every one, here every person is sharing these kinds of familiarity, therefore it’s fastidious to read this blog,
    and I used to pay a quick visit this webpage daily.

  9. https://derwebdozent.de/ says

    This post gives clear idea for the new visitors of blogging, that truly how to do running a blog.

  10. royal dublin golf says

    I really like your blog.. very nice colors & theme.
    Did you create this website yourself or did you hire someone to do it
    for you? Plz answer back as I’m looking to design my own blog
    and would like to know where u got this
    from. kudos

  11. macau tourism says

    It’s an amazing paragraph in support of all the internet users; they will get advantage from it I am sure.

  12. Jame says

    This article presents clear idea designed for the new viewers of blogging, that really how to do blogging.

  13. Kali says

    I think the admin of this site is in fact working hard for his web site, for the reason that here
    every material is quality based stuff.

  14. heart rhythms says

    Very good website you have here but I was wondering if
    you knew of any user discussion forums that cover the
    same topics discussed in this article? I’d really like to be a part of online community where I can get feed-back from other
    experienced people that share the same interest.
    If you have any recommendations, please let me know. Many thanks!

  15. macau tourism keep says

    Generally I do not read article on blogs, but I
    would like to say that this write-up very pressured me to take a look at and do
    it! Your writing style has been surprised me. Thank you, quite nice post.

  16. Myrtle says

    Hello my loved one! I want to say that this article is amazing,
    great written and come with approximately all significant infos.
    I would like to see extra posts like this .

  17. dublin golf says

    Ahaa, its nice discussion on the topic of this article at this place at this weblog, I have read all that, so at this time me also commenting here.

  18. air travel says

    What a material of un-ambiguity and preserveness of precious
    knowledge concerning unexpected feelings.

Page 3 of 3 Previous

Leave A Reply

Your email address will not be published.