Economics of Vaping

Vaping is commonly perceived as a safer alternative to cigarette smoking. They deliver nicotine to the user without exposing them to harmful chemicals such as butane. Vaping is widely recommended for smokers that are trying to quit since it delivers the smoking experience just like cigarettes, but with minimal health consequences. This characteristic of vaping has made it popular with people of various backgrounds. Another factor that contributes to its popularity is the whole idea surrounding the economics of vaping. Economists from around the world have projected that vaping will have significant impacts on global economy in the near future.

Given its technological advancement, the cost of production of vaping equipment such as the mods and the batteries is quite high. This significantly raises the initial cost of acquiring an e-cig. The cost of production varies based on several factors that include brand and voltage among others. The average price of a cigarette kit ranges between $40 and $100. E-liquids also retail on various prices depending on the flavor of the vaping liquid.

Vaping kits are distributed on various platforms. One of the most common distribution platforms for e-cigs and related products is online. There are several online stores that deal in e-cig cartridges and vaping liquids. A majority of these stores deliver their products to most areas around the world. Another popular channel of distribution of vaping kits are local stores. These stores have a variety of e-cig mods and vaping liquids.

For most smokers, economics indicate that adopting a safer alternative is better and more achievable than quitting the vice entirely. Vaping being a safer alternative to smoking provides the ideal way out for cigarette smokers. While some cigarette smokers may find it better than vaping, their welfare would greatly be improved than if they stuck to smoking. Due to health and mental reasons, it is not advisable to drop smoking instantly. It should be done gradually by reducing the rate of smoking over a period of time. Vaping is an ideal way of quitting smoking as it provides nicotine with reduced health impacts. It is also a lot easier to drop vaping than it is to drop smoking.

The popularity of vaping is credited to various things, one of them being the cost. Despite the high initial costs of vaping, the overall expenses are way lower than cigarette smoking. It takes a considerably long period of time for an e-cig cartridge to need replacement. After buying it therefore, it can be reused several times, with occasional replacement of vaping juice.

A cigarette that delivers approximately 1.9 mgs of nicotine is estimated at $6.38 while a 30ml cartridge retails for between $15 and $20. For a traditional cigarette therefore, the cost per milligram of nicotine is 15.7 cents while for an e-cig, the cost is at 10 cents. It can thus be concluded that the e-cig costs less than traditional cigarettes.

Another reason that makes vaping an economically preferred choice is the fact that it has minimal health effects. This reduces health expenses, making it an economically friendly option.