E-cigarettes are an ever bigger business, and although they represent a great opportunity for businesses, they also make the newly discovered popularity of vaping a target for thieves.
E-cigarettes appear to be everywhere nowadays, with large retailers in stock, and countless companies dedicated to selling are popping up and down across the UK. There is a high demand for e-cigarettes, but for this reason there is also a high demand from thieves.
A typical e-cigarette kit can be retailed for around £ 50, is very small, and very easy to resell. E-cigarettes, liquids, batteries, tanks and atomizers are very popular, which makes these items desirable for thieves who can either keep these stolen goods for personal use or resell them online at a reduced price for a simple profit.
Without the right security measures in place, it may be fairly easy for an opportunistic customer to put something like an e-cigarette or atomizer in their pockets, but the bigger threat comes from carefully planned, large-scale robberies. An e-cigarette retailer in Cardiff recently had a robbery in which a large number of e-cigarettes, liquids, batteries and chargers were stolen. All of these items are quite small and valuable for their size, which makes it easy for thieves to deal with a significant amount of stolen goods, while their popularity means that criminals can resell their poorly preserved goods without too much difficulty.
For this reason, it is important that you take safety very seriously when selling e-cigarettes and other related products. Make sure you run CCTV, have a burglar alarm, and keep your more expensive products and devices in a locked and secure display case. You also need to make sure that you have an insurance policy that covers you correctly for the goods you store so that, in the worst case, you won’t be let out of your pocket.
To learn more about insurance coverage tailored to the specific needs of e-cigarette retailers, contact Quote Four today.
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