How to Tell if Your Business is Ready for Wholesale Vapor Products

A short while ago you dreamed of starting a vape shop, and finally, you made it. Now, a few months have passed, and business is improving. Where once you needed five or ten e-pen starter kits, now you’re running out before you have time to order more.

Your vape shop is growing, and your inventory must keep up. Buying a few products each week isn’t going to cut it, and if you’re always out of stock, your growing customer base will go elsewhere. The answer is wholesale vapor products - buying quality products at affordable prices in larger quantities. How can you tell if your business is ready to go wholesale?

Shop Size
The more customers visiting your vape shop each day, the sooner you’ll realize you’ve outgrown the space. It’s time for an upgrade and with an upgrade comes more space for shelving and display counters that need to be filled with merchandise. If your go-to source for a product is a retailer like Amazon or an auction website, that won’t cut it as sales rise. You need a source that sells vaping supplies with consistent quality, fair prices, and substantial discounts (the wholesale price).

Product Turnover - Sold Out
If you’re not using a wholesaler for vaping merchandise, you could be losing money in more ways than one. Wholesale vapor products are cheaper, so you will save money by switching from your current supplier. The real letdown is when you find a product you know will fly off the shelves and when you’re proven right, you sell out fast. Then, when you go to reorder the money maker, the non-wholesale supplier is also sold out.

Foot Traffic
The bell above the shop door seemed like a great idea until foot traffic improved. Now the ringing sound never stops, that is, until the shop is full and no other customers can fit through the door. Sometimes it’s the opening of a new store or restaurant that opens people’s eyes to your shop, but what matters most is the traffic increases sales and increased sales means sourcing wholesale vapor products, so you don’t sell out, and you have the merchandise you need when you need it.

As a Business Grows, What Makes Wholesale Pricing So Important? When sales increase, the number of units of each product kept on-hand must also increase to keep up with sales. Where last year you only needed ten pen-style batteries a month, now you’re selling 100. If your current supplier sells you each battery for $10, you’ll spend $100 a month for the inventory. Sell each battery at a 100% markup and you pocket $100 in profit. When you switch to a wholesaler, you’ll realize just how much money you’ve been losing.

Wholesalers sell large quantities of products at discount prices. For example, when you order the 100 units you need to keep up with increased sales, the wholesale price may be 30% lower than what you were paying before. Each battery now costs $7, and for every ten batteries, you sell your profit increases from $100 to $130.

Wholesale pricing is also important in the competitive vaping market because prices matter and customers will search for the shop with the best deals and buy there. Buying wholesale decreases cost, so you can lower your prices and maintain your current profit.

Why Choose Kingdom Vapor?
We walked you through the expansion of your successful vape shop and covered why wholesale vapor products are so crucial to maintaining that success. After all that, why should you trust Kingdom Vapor as your wholesale supplier?

No MOQs: We’ve told you over and over that wholesale prices are so low because businesses order larger quantities. At Kingdom Vapor, we believe wholesale prices should be available for vape shops of all sizes, so we require no Minimum Order Quantities. You’ll never be stuck with a mound of atomizers that no one bought. Longevity: Have you ever heard that most new businesses fail within the first year? We have too, but we’re way beyond our first year. Since 2012 we’ve been supplying premium product to shops around the country.

Staying on Top of Trends: We’re savvy buyers. We don’t buy vast quantities of one-hit wonders only to be stuck with them - forced to mark the price way down and wait to sell the stock, so we have room for the latest mods. The mod market is hot, and mod fans want the latest technology as soon as it’s released and that’s why Kingdom Vapor keeps a finger on the pulse of mod tech.

We want you to have the best experience buying wholesale vapor products, so we ensure we have the latest product in stock at the best prices with no minimum order quantities. We’d love to talk with you about your vaping supply needs so give us a call at 814-297-8240. Experts are available to walk you through the wholesale purchase process Monday to Friday, 9 am to 6 pm EST.