Raising Revenue: Since tobacco is addictive, demand remains relatively inelastic, meaning even with higher prices, people may continue to smoke
Given Walmarts larger customer base and footprint, the impact could be even wider, disrupting the cigarette market, which saw sales of $95 billion last year, the majority of which took place in gas stations and convenience stores
Professor and Chief, Division of Prevention, Equity and Health Outcomes Research, Department of Public Health Sciences, Associate Director for Population Sciences UVA Comprehensive Cancer Center Read More More Experts Methodology In order to assess the impact of tobacco use on a smokers finances both over a lifetime and in a single year, WalletHub calculated the potential monetary losses including the cumulative cost of a cigarette pack per day over several decades, health-care expenditures, income losses and other costs brought on by smoking and exposure to secondhand smoke
Customization & Smaller Batches: Smaller brands using custom packaging in limited runs or promotional editions
