The bottled water industry is still one of the best industries in the United States. Everyone can be a successful bottled water business owner because all you need to start is capital and some creativity. Many entrepreneurs today are making good money just by selling bottled water.
Today, I will show you 6 reasons why the bottled water business is still profitable in the next 5 years.
## 1. Unquenchable thirst for bottled water
Drinking tap water is associated with health risks that arise from disinfection byproducts, chemical pollutants and microbial contaminants found in tap water. As people become more health-conscious, they switch to drinking bottled water, which is safer than tap water. That helps bottled water manufacturing companies to capture the market.
## 2.Selling water businesshas huge potential for growth
Bottled water is now getting popular in fast-food restaurants, bars and nightclubs across the country. People are always looking for healthier drinks; since sports drinks are so commonplace, many restaurants and bars offer bottled water. This trend will continue to grow more prominent in the next five years by providing more opportunities for us to start a bottled water business.
## 3. Profitability is on the rise
Bottled water has been rated as one of the most profitable business ventures in the United States today. ‘Forbes’ magazine stated that the industry has grown by more than $15 billion since 2000.
Bottled water manufacturers are constantly expanding their production capacity to meet the demand for their products across all markets. Bottled water has become a go-to drink for families, health-conscious individuals and athletes of all calibre.
You will see more demand in the bottled water market since US per capita consumption of bottled water is very high, which helps people who are already involved in this industry increase their earnings.
## 4. Brand loyalty is strong
Bottled water is prevalent among all age groups. Over 50% of people drink bottled water every day, and it’s no surprise that they become loyal to specific brands, primarily if we can provide healthy and fresh drinking water. This will help you develop brand loyalty in the market through marketing and advertising. Even though your bottled water is not as popular as Fiji or Evian, you will never know where your profits can be.
## 5. The bottled water business is recession-proof
Bottled water manufacturing is a recession-proof industry as it is less affected by economic downfalls than other industries, such as the property market. In good times and bad times, people will always drink water to refresh themselves. So for those who want to start a successful bottled water business, you will always make money.
## 6. The bottled water market is very global
The bottled water market is a multi-billion dollar industry. It has been growing for years, especially in emerging economies like India and China which show great potential. This industry continues to grow with time, and you can be a part of this industry shortly.
So if you want to make a good amount of money in the next 5 years, consider starting your own bottled water business.
Here’s hoping this will make you motivated to start your venture as soon as possible.
First
- You need to choose your water source.
You can use your tap water in your bottled water business. Still, suppose you want to be environmentally friendly. In that case, it is best to use a nearby spring or any other nearby bodies of natural water. To get the necessary permits, you will need to go through the local government.
- You need to get a quality bottle filling machine.
When you’re purchasing your machine, it’s essential to get one of high quality and can accommodate all of the different shapes and sizes of bottled water. As a manufacturer of over 25 years of bottle filling machines, we can provide efficient services to you; just visit https://ibottling.com/ to get your bottle filling machine ASAP.
- You need to hire some employees for selling bottled water on the street or in office buildings.
It requires a person with creativity, grit and patience to sell bottled water at a high volume. If you’re not great at sales, you can still hire someone who is. Many people are unemployed or under-employed looking for work, so it shouldn’t be too hard to find someone if you need them.
That’s enough for you to start this profitable business.
Second
You need to promote your business.
For example, you can buy one small ad in a newspaper or magazine; distribute some leaflets to employees of particular companies; make a website for your water business by using social media networks like Facebook or Instagram. You can further promote your bottled water business by setting up booths at significant events in New York City like concerts, exhibitions etc.
Third
You need to track your promotion activities for measuring the effectiveness of each training.
For example, you can compare your costs for promotion with the number of bottles sold. You can also look at the number of new accounts that have been established. These metrics will help you see what is working and what isn’t.
Fourth
At this point, you will start seeing some progress in terms of several daily sales.
You know what is next… making a profit every day! The sky’s the limit when it comes to the bottled water business in the next five years.
If you are still not so clear about what to do next, please refer to the below article:
