price trends in vapor-tank-mod (vtm) products sold by top 25 online e-cig retailers in 2015...
TRANSCRIPT
Online pricing trends in the United States
Down, down, down
The budget buy?
Bang for the buck
No pressure
There has been a significant downward trend in U.S. online prices for rechargeable cigalike starter kits, cartomisers, and e-liquid over the last 12 months.
Despite the wild price variations shown above, box mods do – unsurprisingly – become consistently more expensive as their power output increases.
Prices vary dramatically for identical box mods sold by the top ten multi-brand sites. This suggests there is little competitive pressure on prices in the U.S. online e-cigarette market for these products.
20
40
60
80
100
120
lowest price average price highest price
$
Once, vaping on a budget seemed a no-brainer: cigalikes cost much less than the other options. But by mid-2015, the average price of eGo-style starter kits had slipped below the average of rechargeable cigalike starter kits for the first time.
Does this really make the eGo devices cheaper, though? It’s a tougher question than some shoppers may realise.
True, a first purchase of e-liquid costs about another $10 on top of the eGo kit, which drives up the initial investment. But over the longer term, the eGo approach offers more cost-effective vaping. So the consumer’s choice is more complex now than simply comparing price tags.
box mods by output
$33.97
20W
$37.97
30W
$47.20
50W
$67.97
70W
$79.14
100W
$89.39
150W
(mid-2015 average price across top ten U.S. multi-brand e-cigarette Websites)
cigalike starter kit
$32.29
eGo-style starter kit
$30.68
cartomisers
-19.93%
2015
$2.17
2014
$2.71
e-liquid
-13.28%
2015
$8.23
2014
$9.49
cigalike starter kits
2015
$32.29
2014
$38.97
Eleaf iStick 30W1
1
1
1
Kanger SUBOXMini 50W KIT
2
2
2
2Innokin iTasteMVP 3.0 PRO 60W KIT
3
3
3
3
Joyetech eVic-TC60W KIT
44
4
4
Pioneer4you iPV Mini II 70W
5
5
5
5
Sigelei 150W6
6
6
6
$24.99
$59.99
$68.95$64.99
$57.95
$77.95
$35.48
$76.38
$79.14
$83.06
$67.97
$89.39
$44.99
$83.99
$97.99$103.49
$77.95
$108.49
-17.14%