Las Vegas Vape Market: Double Profit on Disposables

Market
Jan.11.2023

2FIRSTS American based correspondents visited a vape shop in Las Vegas in the wake of 2023. 

 

Nevada, where Las Vegas is located, has no flavor bans and excise 30% on wholesale

 

At the front door of the shop, 2FIRSTS correspondent found posters and promotions applied on the glass wall, most of which were for cigarettes.

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
elf bar产品| 图源:两个至上

 

US vapes are priced 3 times higher than Russian vapes

 

At the disposable counter, various brands and types of disposables were seen priced at a range from $19.9 to $29.9. Among which Elf Bar 5000 sold best. Its tag said $24.99 and according to the shop owner, the buying price was $11.5 - a margin of more than 100%. 

 

2FIRSTS Russian correspondents also checked out the local price of Elf Bar 5000. The local Russian price was 1199 Rubles ($18). The shop owner said to the correspondent that a slight drop of the sales of Elf Bar was seen recently and he would love to try some new products when he stock next time.

 

Las Vegas Vape Market: Double Profit on Disposables
Flum products | source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Another brand that led the shop's sales list was FLUM, another Chinese brand, featuring a wide range of products and flavors. Flum Float (3000 puffs) was priced at $20 and 440 rubles ($6) in Russia. 

 

It's reasonable that the buying price in the US is higher than that in Russia, since US levies higher tariffs on everything that is shipped from China and takes a higher freight. But still, the margin of disposables for the vape shop in Nevada was 2 times of that for the Russian counterparts, according to the calculation by 2FIRSTS.

 

Las Vegas Vape Market: Double Profit on Disposables
Cigarettes | source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Hookahs | source: 2FIRSTS

 

Las Vegas Vape Market: Double Profit on Disposables
Source: 2FIRSTS

 

Tank System

 

The leading tank systems of the shop is SMOK and Geek Vape, sold at $129.99 and $99.99.

*This article is an original article of 2FIRSTS Technology Co., Ltd. The copyright and license rights belong to the company. Any entity or individual shall make link and credit 2FIRSTS when taking actions to copy, reprint or distribute the original article. The company retains the right to pursue its legal responsibility.

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