3 ms·
Profit margins are terrible compared to regular cigarettes. A pack can be manufactured for $0.06. You have a built in customer base with huge profit margins and
by dr_dshiv 7y ago
Profit margins are terrible compared to regular cigarettes. A pack can be manufactured for $0.06. You have a built in customer base with huge profit margins and massive brand loyalty. While tobacco bought into ecigs, they can't keep up with tech. As soon as smoking is technology, then the brands can be disrupted. Better to kill off vaping.
- stan_rogers 7y agoThe closed systems that "Big Tobacco" are into - the stuff that sells at corner stores and gas stations, with prefilled pods/cartomizers - is incredibly high-profit. I'd look at the tobacco industry if the push was towards closed systems, but they seem to be largely singled out as the enemy. There are two better places to look: the pharma industry and their collection of minimally-successful smoking cessation products; and governments that are looking at enormous revenue loss, especially those that have already spent funds from the Master Settlement Agreement. (It may be worth noting, as well, that the loudest anti-smoking orgs are also getting their funding from the MSA. Don't get me wrong, I'd like to see combustible tobacco disappear, but there are people of the like of Stanton Glantz who've rather enjoyed the funding, and who have demonstrably lied in their opposition to vaping.)