{"id":15025,"date":"2017-02-02T09:00:43","date_gmt":"2017-02-02T14:00:43","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=15025"},"modified":"2017-01-29T18:54:05","modified_gmt":"2017-01-29T23:54:05","slug":"the-rise-and-fall-and-rise-of-cigarette-companies","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2017\/the-rise-and-fall-and-rise-of-cigarette-companies\/","title":{"rendered":"The Rise And Fall And Rise Of Cigarette Companies"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2017\/01\/012917_2157_TheRiseAndF1.jpg\" alt=\"\" width=\"642\" height=\"361\" \/><\/p>\n<p>Cigarette companies were in retreat as society turned against smoking. But they&#8217;re back, writes The Economist, and look set to grow:<\/p>\n<ul>\n<li>While a lower proportion of people smoke, overall population growth means that the number of smokers in the world \u2013 1.1 billion &#8211; hasn&#8217;t really changed.<\/li>\n<li>But prices are rising, driving a boom in revenues.<\/li>\n<li>Only big companies can deal with all the regulatory hurdles imposed on cigarette makers \u2013 meaning that industry giants don&#8217;t have to worry about upstart companies coming in and stealing market share with low prices.<\/li>\n<li>Regulations also place limits on the advertising of cigarettes \u2013 making it even more difficult for low-cost cigarette makers to gain recognition, and slashing the amount of money existing titans have to spend on marketing.<\/li>\n<li>And the companies are merging with one another \u2013 giving them even greater pricing power.<\/li>\n<li>The rise of e-cigarettes is another opportunity. They&#8217;re more expensive which will increase revenues.<\/li>\n<li>They&#8217;re arguably more healthy than regular cigarettes, which could drive an uptick in demand.<\/li>\n<\/ul>\n<p>The article closes by noting that tobacco remains responsible for one in nine of all adult deaths. Read it on <a href=\"http:\/\/www.economist.com\/news\/business-and-finance\/21714979-bat-already-owns-42-reynolds-now-it-buying-rest\">The Economist<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cigarette companies were in retreat as society turned against smoking. But they&#8217;re back, writes The Economist, and look set to grow: While a lower proportion of people smoke, overall population growth means that the number of smokers in the world \u2013 1.1 billion &#8211; hasn&#8217;t really changed. But prices are rising, driving a boom in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2017\/01\/012917_2157_TheRiseAndF1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=15025"}],"version-history":[{"count":4,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15025\/revisions"}],"predecessor-version":[{"id":15044,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15025\/revisions\/15044"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/15024"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=15025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=15025"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=15025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}