How the growth of E cig is being assisted by the use of the basic principles of economics and how they are shaping the future
Austin, TX -- (SBWIRE) -- 08/22/2013 -- The e cig market is broad and there is no denying that. It will keep on growing and growing and this has been proved by the arrival of many companies that are vying for a piece of the pie. In this unregulated industry there is the ability to have a lot more players; this is not like the case of the tobacco industry which was ruled by a few major big companies. As the basic laws of economics state that competition within an industry is a healthy thing, then the more the merrier. After all; in the ends the winner will be the customer.
This was proved recently by the offering of a $ 2million debenture offering by Gilla Inc on the 22nd of August. This shows that business is good for the brands and also growing. The main cause of this growth is based on the massive exodus of smokers from the tobacco firms to the smokeless cigarettes as they search for better options and a safer smoking experience. And also that among the available options for those that want to smoke without the dangers of cancer and tar, it is the most popular and widely accepted option.
As a result it means that the main winner in this well invested and rapidly growing industry is the customer as he guaranteed to get the best e cig and at the best prices. And all this is thanks to the competition, it also assures the rate of innovation will keep on increasing and there will not be any compromises as all the companies will be aimed at being the top rated brands.
As a result debenture offerings such as those by Gilla Inc, only prove that the electric cigarette industry is growing and that there are forecasting long term growth and expansion. These are good times to be user of the e cig as the choices are so many and the opportunities are beneficial.
DigitalSmoke.Org is among the leading online panel forums that specialize in e cigarette reviews. As such they have come to be respected in this field due to their reviews whish are seen as being among the most direct and honest reviews that are available. All their reviews are written in such a way that does not give benefit to any specific e cig manufacturer.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)