Background Image
Table of Contents Table of Contents
Previous Page  40 / 50 Next Page
Information
Show Menu
Previous Page 40 / 50 Next Page
Page Background

73

TOBACCO BUSINESS INTERNATIONAL

MAY/JUNE 2015

increase the shop’s profitability. Tobacco

products sold well, but the margins were

getting tighter each year.

So Love remodeled and converted about

half the store to vaping products. He added

a tasting bar and engaged an entirely new

crowd.He

also supported loyal smokers who

were trying to quit smoking and converted

many of them to vaping. Education was a

key component and instead of just to selling

them, he empowered his long-time smokers.

“We had many customers who smoked

for decades and were never able to kick the

habit,” Love said. “Patches and gums didn’t

work, but vaping did.The result was that we

gained a loyal following that was appreciative

as well.”

According to Love, vape revenues are

increasing by about 20 percent every month.

As this volume increases, they are devoting

more retail space to vaping hardware and

e-liquids.

“Initially about 20 percent was vape,but now

we’re almost at half and growing,”he said.

Blue Ridge Smoke and Vapor primarily

caters to beginners; sales are equally

distributed between hardware and e-liquids.

They don’t get into expensive mods and

mechanical devices since their customers

aren’t looking for high-end products.

Time For a Change

Pipe Palace in Seattle, Washington

began as an antique shop in 1969. One of

its customers offered to sell custom and

historic smoking pipes, which ultimately

became more profitable than the antiques.

Owner Debbie Hopgood seized the

opportunity and converted Pipe Palace

to a smoke shop. She recently added

vape products, working together with her

manager Lola Dangerzone.

“We recognized these were innovative

products, but had no idea they would

change the industry,” Dangerzone recalls

of the store’s decision to start selling

NJOY products.

Dangerzone says Pipe Palace would like

to offer products that are “hip, cool and

inviting.” Their inventory has shifted to

about 85 percent tobacco and 15 percent

vape products.The percentage of space

devoted to vape products is growing; of

their vape product inventory, e-liquids are

the hottest sellers.

While Dangerzone does not plan to

offer fancy mechanical devices or mods,

Pipe Palace will continue to focus on

starter kits and e-liquids.

Pipe Palace is known for being innovative

and eclectic, with a solid collection of briar

andMeerschaum pipes, lots of t-shirts and,

of course, their staple of tobacco and now

vaping products. In addition to regular

and loyal customers, they also get a lot of

tourist traffic because the shop is located

close to major attractions—the Seattle

Museum and the Seattle Aquarium.

Embracing the Future of Vape

As these examples show, tobacco shops

are well-positioned to segue into VTM

sales. The bottom line? Making the

transition takes time and commitment, but

pays off handsomely for those who make

the investment.

TBI

__________________

Norm Bour is the

founder of VapeMentors,

which offers online

educational programs,

services and resources

for anyone in the vape

space, including vape

shops, online stores

and e-liquid brands. He’s also host of “Vape

Radio,” a podcast series that interviews

the masters of vape and thought leaders

in the vape world. To learn more about

VapeMentors resources, contact him at

norm@VapeMentors.com.