4 Products Making A Killing! ๐
A Chilly Way To Boost Health, A Unique Style With A High Price-Tag, An Emerging Job Field, and A Nutty Company Selling Out!
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๐ย 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.
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.
Whoโs 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.
Techwear incorporates technical materials and functional design elements to create clothing that is water-resistant, breathable, and durable.
Itโs 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 โhypebeastโ high-end designer clothing style.
Whoโs 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.
๐ฐ 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.
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 โAI Prompt Engineerโ job listings here.
๐จย 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. Thatโs an astonishing $1.46M a month in sales!
Much of the companyโs success is driven by their TikTok page which has 457k followers and over 4M likes!
Check out their website here.
๐ฌ Closing Remarks
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Nick ๐
I love love love the peanut butter company section!!! The companies you find are always so interesting ๐ค