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4 Products Making A Killing! 🚀

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4 Products Making A Killing! 🚀

A Chilly Way To Boost Health, A Unique Style With A High Price-Tag, An Emerging Job Field, and A Nutty Company Selling Out!

Nick
Mar 19, 2023
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4 Products Making A Killing! 🚀

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Hey Data Lovers! — Nick here.

Ready for the latest business insights?

Before we jump in, a quick reminder:

Stay ahead of the curve by subscribing to my newsletter!

With that said, let's unveil those charts ↓

📈 Products on the Rise

Product #1 - Ice Baths (+314%)

Brrr! This cold therapy practice has been steadily gaining popularity over the past year, with many individuals incorporating the icy plunge into their daily regimen.

Your First Ice Bath—Here's What You Need To Know — RUNGA

An ice bath is a form of therapy that involves sitting in ice-cold water for several minutes.

The practice is believed to have many health benefits, these include:

  • Reduced Inflammation: Ice baths can help reduce inflammation by constricting blood vessels and limiting blood flow to the affected area.

  • Improved Recovery: Ice baths may help improve recovery after intense exercise by reducing muscle soreness.

  • Enhanced Immunity: Ice baths have been shown to stimulate the immune system which can help fight infections and diseases.

  • Mental Health Boost: Exposure to cold water can stimulate the release of endorphins, which can improve mood, increase alertness, and enhance mental clarity.

A very common trait for emerging trends is advocacy from celebrities and influencers. This is no different.

This TikTok creator has grown an audience of 800k+ followers by simply posting himself doing a cold plunge every single day.

The global cold plunge tub market was valued at nearly $300M in 2021 and is expected to continue to grow by 4.1% annually, according to Grand View Research.

Who’s Doing It?

  • Ice Barrel - Selling a more affordable ice bath, or barrel I should say for $1,200. They are currently driving around 300k website visitors per month.

  • Plunge - Offering a premium filtered cold & heat bath, this Shark Tank featured company receives roughly 500k monthly website visitors. Their tub starts at $5,000 and goes all the way to $7,500 for additional features.

Product #2 - TechWear (+62%)

Function meets fashion! Techwear is gaining traction as a blend of high-performance materials and stylish design for the urban adventurer.

What are the Benefits and Features of Techwear? - Scoopearth.com

Techwear incorporates technical materials and functional design elements to create clothing that is water-resistant, breathable, and durable.

It’s almost always in the color black and often features a futuristic aesthetic with plenty of pockets and zippers.

The rise of techwear can be attributed to a growing interest in the streetwear culture along with the “hypebeast” high-end designer clothing style.

Who’s Doing It?

  • ACRONYM - This pioneer in the techwear industry sells a collection of high-end pieces. They are labeled by how many pockets they have, which is typically over 10. Each piece is quite expensive being priced between $500-$2,500 per item.

📰 Industry Shift

AI Prompt Engineering (+9,900%)

Creative Computing! AI prompt engineering is a rapidly emerging field as businesses and individuals seek to leverage artificial intelligence to improve their business and personal activities.

ChatGPT listed as author on research papers: many scientists disapprove

AI Prompt Engineering involves developing prompts for AI models like ChatGPT to generate creative and informative outputs across various fields, such as marketing, education, and software development.

With so much potential in the new AI models, businesses and individuals are looking to harness the power of AI-driven content creation.

Compensation for these full-time positions is ranging from $20-$40 per hour!

Check out the ‘AI Prompt Engineer’ job listings here.

🚨 Business Radar

Nerdy Nuts (+6,400%)

Peanut butter with a twist! Nerdy Nuts is a company that's taken an everyday staple and turned it into a creative, crave-worthy experience!

Founded by a husband and wife duo, Nerdy Nuts offers a range of creative peanut butter flavors like White Chocolate Raspberry and Cinnamon Roll.

Their genius lies in their ability to create innovative flavors that you won't find in supermarkets.

They do weekly restocks of their nut butter and it sells out every time!

Nerdy Nuts is selling over 28,000 jars of peanut butter per WEEK. That’s an astonishing $1.46M a month in sales!

Much of the company’s success is driven by their TikTok page which has 457k followers and over 4M likes!

Check out their website here.

🎬 Closing Remarks

Thank you for reading!

I'm here to help you stay informed in the ever-changing business landscape.

If you haven't subscribed yet, now's a perfect time – it's free and I promise, no spam, ever!

Feel free to share your thoughts by replying to this email or dropping a comment on my Substack. I always appreciate your feedback!

Until next time,

Nick 👋

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4 Products Making A Killing! 🚀

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2 Comments
Katie Balon
Writes Page Turner
Mar 19Liked by Nick

I love love love the peanut butter company section!!! The companies you find are always so interesting 🤔

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