One Thing About The Cigar Industry That Drives Me Nuts!
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The cigar industry is an amazing place. The production of cigars is an amazing process that requires incredible logistic efforts. And those efforts are easily upset when something big changes… like, oh say, the demand majorly outweighing the supply. It’s certainly the right kind of problem to have. But it’s also still a bit of a problem. In this video, I will take you through some of the unique issues that cigar shops are dealing with in 2022.
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Clever way to keep the demand from getting too crazy!
lol, didn’t really help. We’re still gonna run out inside of 24 hours… but it was a nice thought. lol
Tim:
I’m not sure how Cigars makers are but I can tell you, just like the oil companies do, when demand is high and supply is limited, price goes up. Perhaps your supply is low because the cigar makers want to maximize profits?
In college we had to understand the “Inelasticity of Demand” curve. (https://www.investopedia.com/ask/answers/012915/what-difference-between-inelasticity-and-elasticity-demand.asp)