Eonsmoke Electronic Cigarettes Mentioned in New York Post

E-cigs lighting up sales

$300M in revenue

  • By WILSON DIZARD
  • Last Updated: 11:00 PM, January 12, 2013
  • Posted: 11:00 PM, January 12, 2013

This electronic-cigarette company isn’t blowing smoke, but vapor.

New Jersey-based Logic boasted a growth rate of 600 percent between 2011 and 2012, along with a product that the company says is a safer alternative to classic, and deadly, tobacco.

Although the Food and Drug Association says e-cigarettes are not a healthy choice, users of the product save a bundle in sales taxes in a city whose leaders are bent on citizens butting out.

Lighting up a little more than two years ago, Logic hawks its product relentlessly. And New York City, with its tough smoking regulations, is Logic’s biggest market. Competitors include brands like Eonsmoke, Blu and Njoy.

Azam Asaduzzaman, a SoHo newsstand clerk, said his shop had only started selling e-cigarettes about three months ago, but already sells about 12 a day for a total between $300 and $400, making up about 20 percent of its total sales of nicotine-delivery systems.

“Most people who buy are between 25 and 35 years old, and they get the rechargeable kind. They don’t buy regular cigarettes from me,” said Asaduzzaman.

Prices of e-cigarettes vary from about $10 for disposable ones to $25 or $40 for rechargeable versions. Nicotine cartridges sell for about $15, and, depending on how much the smoker puffs, can last for two or three days. Cartridges also come in different nicotine intensities and flavors.

Logic claims that one of its e-cigars, the Cuban, is good for 1,500 puffs. It retails online for $19.99.

A private company, Logic won’t divulge exactly how many e-cigarettes it sells, but a company spokesperson said that it has received multiple requests from tobacco companies and investors to buy it out or partner with it. A press release says Logic is an “eight-figure company with millions in revenue.”

A Wells Fargo analysis of the e-cigarette market has found that it is a $300 million industry, with Logic’s competitor Blu believed to have a 25 percent share of the market.

When a person takes a drag of an e-cigarette, a battery-powered metal coil inside heats a cartridge, vaporizing liquid nicotine within. The smoker exhales odorless water vapor.

The experience is intended to simulate the smoking of a regular cigarette. While e-cigarettes do not produce the kind of noxious smell that tobacco does, Eli Alelov, Logic’s chief executive officer, doesn’t think they’re appropriate everywhere.

“As far as smoking this in public places, we don’t want to show a young generation that they can smoke it in a plane, train,” he said, adding that there should not be exceptions made for e-cigarettes in New York laws banning cigarettes on subways and in similarly close quarters.

Alelov says he has taken flak from fellow e-cigarette makers for his position, since they’d like to see e-cigarettes become allowed in places where tobacco is banned.

“We think e-cigarettes are more than just a fad; however, we expect increased regulatory scrutiny and taxation of the products in time,” Wells Fargo said in a report that details the opportunities for investors looking to profit from nicotine dependence.

But the government has not yet had the last word on whether e-cigarettes are totally safe, with the FDA finding in 2009 that one unnamed e-cigarette contained significant traces of a chemical found in antifreeze.

Alelov calls that study outdated, and he says that the government has been too harsh on a nascent industry that makes a safer product than big tobacco does.

“The only money the US government spent on e-cigarettes is to fight the e-cigarette industry, not to develop it,” Alelov said. “Think about this. How much does it cost to prevent a disease that kills 400,000 people every year?”

wdizard@nypost.com

You can read the article: http://www.nypost.com/p/news/business/cigs_lighting_up_sales_dvO61J3qPK8t9089IU4XYM

Eonsmoke Electronic Cigarettes Targeting C-Store Distributors

Eonsmoke Targeting C-Store Distributors

CSP Daily News | 

E-cig maker seeks to extent reach in West, Midwest; launches new affiliate, recycling programs CSP Daily News Eonsmoke Electronic Cigarettes Logo Crest

January 4, 2013 GARFIELD, N.J. — Eonsmoke LLC, a leading brand of electronic cigarettes, said that it is hoping to further extend its reach among distributors and convenience retailers throughout the United States. “We’re looking to expand into the Midwest and all over the western United States,” said Michael Tolmach, CEO of Eonsmoke. “Our brand works together with our distribution channel constantly to evolve the business. The company values each and every wholesale relationship, and strives to provide distribution partners with the tools they need to thrive. The company introduces new products including flavored cartridges and accessories quarterly to boost market share, brand awareness and distributor/retailer profits.”

The Garfield, N.J.-based company also recently secured new financing, launched a newly upgraded corporate website and revamped its e-cigarette affiliate program. Eonsmoke e-cigarettes can now be promoted via an upgraded affiliate back office with new tools and marketing material. Eonsmoke partners with Omnistar for its backoffice affiliate program software needs. The company has introduced scores of newly creative banners affiliates can use to promote the brand and earn income. And in November, to take steps to become environmentally responsible, the company introduced a recycle program for Eonsmoke batteries and electric cigarette cartridges. Customers of the brand can now send in batteries and cartridges to corporate headquarters or trade them in at their local retailers for coupons or product credits.

“The company already trades in broken batteries with the one-year warranty program we offer. Now with the new program we can offer our customers even better service,” said Igor Gogus, senior vice president of Eonsmoke. Eonsmoke announced through an internal memo to its distributors that it will recycle all of its batteries and cartridges through a manufacturing contract with its suppliers. The factories will reuse certain approved materials for the e-cigarette components, which will go through a rigorous process to be remolded and sold as new products.

“It is important for us to become socially responsible going forward as we expand and build scale. Eonsmoke electric cigarette batteries and cartridges can now be recycled and re-used so there is less garbage in the landfills all over earth,” said Dharmendra John Singh, an executive vice president of Eonsmoke. “It’s vital for Eonsmoke to be the most socially and environmentally accountable e-cig brand in the tobacco industry.” Eonsmoke, designs, markets, and distributes e-cigarettes and accessories under the Eonsmoke, Spirit Vapor and Miami Cigs brand names.

About Eonsmoke, LLC. Eonsmoke, LLC designs, markets, and distributes electronic cigarettes & accessories. The company’s trademarked electric cigarettes are electronic devices that vaporize a liquid solution. The company offers its products, e-cigarettes & accessories under the Eonsmoke, Spirit Vapor, and Miami Cigs brand names. Eonsmoke LLC sells its e-cigarettes and other products through distributors and wholesalers, as well as directly to consumers through its websites and mobile applications. The company is based in Garfield, New Jersey. Visit http://www.eonsmoke.com

You can read this news at http://www.cspnet.com/news/tobacco/articles/eonsmoke-targeting-c-store-distributors