Alkaline Water Business Viability
Alkaline water businesses can be profitable depending on factors like size, competition, demand, pricing, and marketing. Investing in equipment like filters maximizes profits. Business may sell bottled alkaline water or offer dispensers for refilling. Some provide delivery services. Alkaline water belongs to the bottled water industry, a subset of the non-alcoholic beverage industry worth over $900 billion in 2019.
Conduct market research to identify target customers and assess competition. Develop a unique selling proposition to differentiate amid competition. Sell products at local craft shows and farmers markets to build a loyal customer base. Referrals also likely.
Alkaline water neutralizes acidity and provides minerals like calcium and magnesium. Distribution partnerships with health stores expand reach. Promoted health benefits like balanced pH differentiate.
Starting an Alkaline Water Business
Initiating an alkaline water business can involve substantial financial commitment, the scale of which is significantly influenced by factors such as geographical location, market dynamics, and operational expenses, among others. Our extensive research and hands-on experience have revealed an estimated starting cost of approximately $25,000 for launching such a business.
This gives you access to additional revenue streams and loyal customers. Higher likelihood of getting referrals. This business is all about referrals, which can be a very impactful way to attract and retain customers. It’s critical that you have a great referral program in place that incentivizes your customers to tell their friends about your product.
Health Benefits and Product Info
Alkaline water contains alkaline minerals and negative oxidation-reduction potential (ORP), which neutralize harmful free radicals in the body. Some of the potential health benefits of drinking alkaline water include balancing the body’s pH levels and promoting hydration.
Our alkaline water systems produce high-quality alkaline water with a pH of 9 or higher. Packs of 24 bottles are usually the best value. On average, you can expect to pay $15 to $45.
Steps to Launching Your Business
There’s more to starting an alkaline water business than just filing paperwork with the government. These procedures will ensure that your new business is well-planned, legally compliant, and properly licensed:
- Plan Your Business
- Select Your Business Structure
- Register Your Business
- Obtain Necessary Permits and Licenses
Profitability of Water Stores
Do water stores make money? This simple, low-risk business can easily be profitable. The growing bottled water industry clears high profit margins. Bottled water producer revenue in the U.S. totaled $18 billion from 2014-2018. Bottled water is marked up considerably.
Water stores can be quite profitable with the right location, low competition and costs. We review profitability factors.
Providing affordable, safe drinking water generates monthly profits from $10,000 to $100,000 based on demand, population and pricing. Oregon businesses start with planning, choosing structure, registering, and obtaining licenses and permits.
With low startups costs, anyone can enter the water business. Keeping costs down and prices reasonable makes good money.