How e cigarettes & vaper industry is contributing to the economy

How e-Cigarettes & Vaper Industry is contributing to the Economy

As we delve deeper in the ongoing debate about whether e-Cigarettes and Vaporizer pens like Ago G5 and Yocan Exgo are harmless for everyday use or not we will realize that the real question deals with economics. How can humble e-Cigarettes affect and rock the foundations of the economy of the country? Let us find out.

When the US market crashed, people’s funds, pensions, real estate, and stocks came falling down with it. A void opened up and many consumers fall victim to it. Businesses went belly up, many lost their jobs and many had to look for new employment even if it far from their area of expertise. As all this unfolds, one of the things that held them together was their vices, especially smoking.

During those moments, most individuals regarded cigarettes as important, or sometimes, more important than food, as it served as their crutches while they persevered and carried on, even with the knowledge that continuing to smoke would eat up their savings much quicker.

Then a new industry spawned. Many of the individuals who were involved in it recovered from the economic slump by starting up a new venture that literally did not have any existing competition.

Tapping to the massive number of smokers all over the country, these people were able to create a market that would entice smokers to switch and enjoy the same feeling, but with a healthier and smoke-free alternative. All the while satisfying their cravings and saving money all at the same time, since on average, a person will save 40% off if using e-Cigarettes or vaporizer pens against traditional tobacco cigarettes.

And as the Vaper and e-Cigarette industry flourished, so did the other industries as well, the shipping industry gains more clients, vaper juice manufacturers sprouted, and MOD & Customizing became a lucrative career option.

But there lies the fear for the tobacco companies and retail smoke stores. Many may experience a rather unfortunate turn for the worse since cigars and cigarette manufacturers have always been rather unpopular, now they are suffering more since smokers now have an alternative choice.

But in general, the e-Cigarette and Vaper industry poses a rather positive effect in the economy.

New business ventures promote competition, growth, and independence. It creates employment that allows people to become productive, and contribute to society, rather than just rely on handouts and charity of others, which further strengthen our market’s economy.

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