What Type of Vaping Device Shop Is Better to Open in 2021?
As the saying goes, time sifts the sand. As an emerging industry, vaping has gone from wild early growth to gradual legalization and compliance after major regulatory policies were introduced. What remains are brands with both strength and reputation. Aft
After the market shakeout, vaping as an emerging industry has moved from its early period of wild growth to gradually becoming legal and compliant following the introduction of major regulatory policies. The brands that remain are those with both real strength and solid reputations. After a fierce battle, 90% of competitors have been eliminated, and China’s vaping industry has entered an era where only the strongest survivors win.
As experts have said, the market will ultimately reward “the courage to move moderately against the trend,” provided that you choose quality assets and remain patient.
So what type of franchised vaping store is better to open in 2021? More and more entrepreneurs are choosing to join vaping retail chains, but at the beginning, many find it hard to choose between a brand-exclusive store and a multi-brand collection store.
A brand-exclusive store sells only one vaping brand, so its product lineup is extremely limited and its fate is closely tied to that of the brand itself. This means higher risk and heavier inventory pressure. At present, common offline brand-exclusive stores include not only LAMI, but also RELX, YOOZ, Xiaoye, Snowplus, SIPA, MOTI, HUOQI, and Bould, among others.
A collection store, by contrast, usually carries many vaping brands. It serves as a hub for high-quality, compliant brands selected by a platform, with abundant brand resources, clear brand differentiation, and strong customer loyalty. It can offer products at different price points and with different features, allowing customers to make personalized choices.
It can be said that collection stores are more merchant-friendly, involve lower risk, and—under a platform’s series of support policies—can also generate higher returns. Therefore, joining a multi-brand vaping collection store is becoming the major trend.
