{"id":2169,"date":"2015-03-23T17:54:28","date_gmt":"2015-03-23T17:54:28","guid":{"rendered":"http:\/\/vapementors.staging.wpengine.com\/?p=2169"},"modified":"2015-03-23T17:54:28","modified_gmt":"2015-03-23T17:54:28","slug":"2015-vape-space-trends","status":"publish","type":"post","link":"https:\/\/vapementors.com\/2015-vape-space-trends\/","title":{"rendered":"2015 Vape Space Trends"},"content":{"rendered":"<h3><strong>From Geeks to the Mainstream: Great News for Vapreneurs\u00a0<\/strong><\/h3>\n<p>Geeks get a bad name, but these guys are often the \u201cearly adopters\u201d who find and embrace new technologies.<\/p>\n<p>Take laptop computers: once owned by just a few early adopters, they\u2019re now in the majority of households.<\/p>\n<p>Since an e-cigarette or personal vaporizer is a piece of technology, we can absolutely apply the same adoption curve to the vape space. This picture shows where the vape space was less than two years ago:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-2171\" src=\"http:\/\/vapementors.com\/wp-content\/uploads\/2015\/03\/Innovation-Lifecycle-300x189.png\" alt=\"Innovation Lifecycle\" width=\"300\" height=\"189\" \/><\/p>\n<p>Following the typical adoption lifecycle, vaping has quickly gone from a novelty to a normal, commonplace object. While just a few years ago e-cigs were difficult to find, you can now find them at Walgreen\u2019s, Costco and even your local Walmart.<\/p>\n<p>Once a rarity, vape shops are now flourishing. Like other trends, vape shops took off on the coasts and quickly infiltrated every corner of the country. Starting in California and quickly taking off on the East Coast, vape shops are now becoming commonplace in the Southeast and throughout the Midwest.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2014\/04\/27\/business\/e-cigarettes-take-hold-in-oklahoma.html?_r=0\">An article in the <em>New York Times<\/em><\/a> in April 2014 estimated there are roughly 5,000 vape shops across the country. Called \u201cWhere Vapor Comes Sweeping Down the Plain,\u201d the story reported that a typical vape store can bring in $400,000 a year after start-up costs of less than $50,000. It\u2019s no wonder everyone with an ounce of entrepreneurial spirit in them is starting a vape shop!<\/p>\n<p><strong>Who\u2019s Vaping Now?<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2172 alignright\" src=\"http:\/\/vapementors.com\/wp-content\/uploads\/2015\/03\/Whos-Vaping-Now-300x213.png\" alt=\"Whos Vaping Now\" width=\"300\" height=\"213\" \/><\/strong><\/p>\n<ul>\n<li><strong>60% Millennials<\/strong><\/li>\n<li><strong>30% Gen X\u00a0\u00a0\u00a0 <\/strong><\/li>\n<li><strong>10% Boomers<\/strong><\/li>\n<\/ul>\n<p>Millennials clearly lead the vaping trend. But these percentages will change as older generations adopt the trend and vaping becomes more mainstream.<\/p>\n<p><strong>Why<\/strong><strong> Are They Vaping?<\/strong><\/p>\n<ul>\n<li><strong>60% Millennials<\/strong>: It\u2019s cool, fun, hip<\/li>\n<li><strong>20% Gen X<\/strong>: Children and societal pressures (secondhand smoke)<\/li>\n<li><strong>20% Boomers:<\/strong> Want to quit smoking and may have been trying to quit for decades<\/li>\n<\/ul>\n<p><strong>Who\u2019s Using E-Cigs?<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2174 alignright\" src=\"http:\/\/vapementors.com\/wp-content\/uploads\/2015\/03\/Whos-Using-Ecigs-300x180.png\" alt=\"Whos Using Ecigs\" width=\"300\" height=\"180\" \/> <\/strong><\/p>\n<ul>\n<li><strong>10% Millennials<\/strong><\/li>\n<li><strong>30% Gen X\u00a0\u00a0\u00a0 <\/strong><\/li>\n<li><strong>60% Boomers<\/strong><\/li>\n<\/ul>\n<p>E-cigs are more popular with Boomers, who may not have the patience or dexterity to deal with mods. Millennials don\u2019t think e-cigs are as cool as mods and don\u2019t tend to use them.<\/p>\n<p><strong>The Future of Vaping<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<img loading=\"lazy\" decoding=\"async\" class=\" size-medium wp-image-2173 alignright\" src=\"http:\/\/vapementors.com\/wp-content\/uploads\/2015\/03\/Future-of-Vaping-300x180.png\" alt=\"Future of Vaping\" width=\"300\" height=\"180\" \/><\/p>\n<ol>\n<li><strong>40% Millennials<\/strong><\/li>\n<li><strong>40% Gen X<\/strong><\/li>\n<li><strong>20% Boomers<\/strong><\/li>\n<\/ol>\n<p>While Millennials will continue to dominate, more Boomers and Gen X may get into vaping as curiosity grows and they become frustrated with e-cigs\u2019 limitations.<\/p>\n<p><strong>Progression and Growth in Vape Shops<\/strong><\/p>\n<p>What does this mean for the budding vapreneur? There\u2019s still opportunity, especially if you\u2019re in the Midwest and parts of the country that haven\u2019t been saturated.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-2175\" src=\"http:\/\/vapementors.com\/wp-content\/uploads\/2015\/03\/Growth-of-Vape-Shop-Market-600x320.png\" alt=\"Growth of Vape Shop Market\" width=\"600\" height=\"320\" \/><\/p>\n<p>Even if you\u2019re on the coasts or an area where there\u2019s an abundance of vape shops, you can still get into the market \u2013 as long as you have a clear focus, a well thought-out business model and a unique selling proposition.<\/p>\n<p>For help developing your unique vape space business,\u00a0we highly recommend you enroll in a <a href=\"www.vapementors.com\/vape-u\">VAPE U course<\/a>.\u00a0VAPE U is the only course specifically designed to help new entrepreneurs enter and succeed in the vape space. Check out VAPE U here: <a href=\"http:\/\/vapementors.com\/vape-u\">www.vapementors.com\/vape-u<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Geeks to the Mainstream: Great News for Vapreneurs <\/p>\n<p>Geeks get a bad name, but these guys are often the \u201cearly adopters\u201d who find and embrace new technologies.<\/p>\n<p>Take laptop computers: once owned by just a few early adopters, they\u2019re now in the majority of households.<\/p>\n<p>Since an e-cigarette or personal vaporizer is a piece of technology, we can absolutely apply the same adoption curve to the vape space. This picture shows where the vape space was less than two years ago:<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","publish_to_discourse":"","publish_post_category":"","wpdc_auto_publish_overridden":"","wpdc_topic_tags":"","wpdc_pin_topic":"","wpdc_pin_until":"","discourse_post_id":"","discourse_permalink":"","wpdc_publishing_response":"","wpdc_publishing_error":"","footnotes":""},"categories":[6,16,3,17],"tags":[],"_links":{"self":[{"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/posts\/2169"}],"collection":[{"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/comments?post=2169"}],"version-history":[{"count":0,"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/posts\/2169\/revisions"}],"wp:attachment":[{"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/media?parent=2169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/categories?post=2169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vapementors.com\/wp-json\/wp\/v2\/tags?post=2169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}