Vaping is considered as an enthusiast based business. For some, this is even an advocacy to replace the unhealthy cigarettes. Thus, there is a particular audience that a vape shop targets.
There is an active vaping community, and they are very much aware of the developments about their chosen hobby. Details about vaping are still in flux, as they are pending FDA legislation and new liquids are drawn up every day. There are also issues that vapes are not a healthier alternative to cigarettes and safety issues on some devices.
As a vape shop owner, the community expects you to be their ally in advocacy. They would expect the same level of vigilance, if not more, from someone who has invested in their favorite pastime.
Differentiating Business from Hobbies
As a businessman, despite the attractive situation of having your making money through your hobby, business needs a real plan.
The first step is to check on the regulations in your locale, as this can affect long-term productivity. You will have to form your business around these parameters. In some states, the regulations on vape and e-cigarettes are derived from the rules of tobacco use. That would require you to get the necessary licenses and permits. This is the only way to prevent legal issues and costs in the future.
Basic Paraphernalia and Supplies
Part of why there is almost an entire culture of vaping is because of the complicated nature of the product and the supplies associated with it. The basic minimum is these products:
Hardware including mods, tanks, and starter kits
E-liquids/ Vape juice
Among these, vape juice is the one that is needed to replenish and likely to be the most saleable product.
It is crucial to ensure that your shop has many variants of vape juice and e-liquid. For many vapers, that is what they are looking for. The necessary hardware and replacement parts should be functioning properly.
Choose the Appropriate Staff
Vape enthusiasts would like to hang out at the vape shop, so the staff that you hire should be ready for this requirement. They want the staff to share the same passion for vaping as they do, so this should be considered.
The staff should also be ready to introduce vaping to new users and beginners. They should be able to explain what these accessories are and their respective functions. This includes convincing cigarette users to try out vaping and explain the process of gradually reducing nicotine intake.
Opening a vape shop or a franchise is similar to other businesses in the sense that it also needs a definite business plan. However, it also requires passion and a sense of fellowship with the members of their community.