Business At A Glance
Cigar Sales
Startup Costs: $2,000 – $10,000Home Based: Can be operated from home.
Online Operation? Yes
Business Overview
Across the United States millions of dollars’ worth of cigars are sold monthly, some for $250 or more each–making this a very lucrative market. Once you’ve secured a wholesale source for purchasing cigars, here are a few ways to retail them for a profit:- Establish a small kiosk in a mall or market location for selling cigars.
- Employ direct sales teams remunerated by way of commission based on their sales.
- Initiate a direct-mail and email campaign aimed at corporations to purchase the cigars to give to valued clients and business associates as gifts.
- Purchase vending machines and stock these machines with cigars for sale. The machine will have to be a ‘minihumidor’ and can be located in high-traffic gathering places such as restaurants and pubs.