What are the 5 Things to Consider when you are starting a Vape Shop?


10 Jan


Are you looking to start a vaping business, well electronic cigarettes have been in existence since the 1960s but the technology came to life in 2000s with a whooping worth of $20 billion currently more details here!


When you are planning on starting any kind of business, a strategic location is important to look for, any business can fail when it is placed in a wrong location, take time in looking for where you clientele hang and place your shop there, more details on this website.


Do your research and place your shop in an area with foot traffic and also in a store front that is visible, once you run the comps with realtors this will make your business a boost, read and learn more here.


Never get comfortable with just one location, make the place an inviting spot, make sure the furnishings are inviting and spot on and also the signage should be large and readable, visit this site and check it out!


The supplier for the vape products needs to be legit, take time and go through the customers reviews and comments and ratings as well and the credentials, learn more.


Get to know your customers this will help to populate a large clientele and retain customers, make friends with people who are vaping near you, ask them what they miss to have brought in and create a rapport, click for more here.


Ask your customers what they like and what they would like you to stock, ask for the popular brands and bring in the bets of the vape brands and ensure you stay stocked, click here for more.

 

Take your business online, social media presence is needed in almost all businesses, have an engaging and active Instagram page, Facebook and Twitter all where you interact with the target audience.


Adopt an online presence where your customers can ask and make orders any time, run promotions and discounts and be sure to post relevant news pertaining to about the product like starting to write a blog ,also be sure to read the customers reviews and appreciate the troll whether positive or negative and handle them professionally, more info here.


Again get all your financials in order before taking the vaping hobby to a professional business, if you lack enough capital you will be unable to stock your shop with the brands, see more info here, you can apply for loan or get private financing, more about vaping capital here.


Whether you decide to buy a franchise or opt to set up an independent shop ensure you have looked at all the aspect required to make your business thrive.

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