💡 Specialty Beverage Club

Are you a tea or coffee enthusiast looking for a lucrative side hustle?

Why not start a Specialty Beverage Club and share your passion with a thirsty audience!

Here’s what we got for you today:

☕ A new generation of tea lovers
🥖 Grocery delivery platform Getir re-strategize
📈 Tesla reaches a new milestone and stock price shoots ups

Today’s Drop 💼

🫖Speciality Tea Subscription Boxes

🍿 The Big Picture:

The market for specialty teas and coffees is not just growing—it's evolving.

Young, health-conscious consumers are now flocking to artisanal and unique blends, driving a market that's set to expand from $117.72 billion in 2023 to $125.75 billion in 2024.

This shift is your gateway to tapping into a lucrative niche that balances tradition with trendy.

🛠 The Idea:

Create a subscription service offering rare and exotic teas/coffees.

Brand it as an exclusive club where members receive monthly deliveries of meticulously selected beverages that promise an exceptional experience.

Think of it as curating a journey of taste and sophistication for a community eager to explore beyond the ordinary.

🔥 Is the Market Hot?

With examples like Birchbox and FabFitFun demonstrating the potential in subscription services with a combined annual revenue just shy of $500 milllion in 2022, stepping into this market now is a strategic move.

The subscription box industry itself is booming, projected to reach $73.6 billion by 2028.

Your Specialty Beverage Club could be the next big hit, offering a blend of luxury and convenience.

🍞 Revenue Potential:

Setting up tiered membership levels—Essential, Elite, and Extravagant—allows flexibility in pricing and service, appealing to a wide range of consumers.

With just 100 members, and subscriptions ranging from $15 to $50 per month, your revenue starts accumulating quickly.

Scale and refine your offerings to enhance value and increase profitability.

🎯 Conclusion:

Are you ready to transform your love for tea and coffee into a flourishing business?

Start your own Specialty Beverage Club and carve out a niche in the booming market of luxury beverage subscriptions.

Where passion meets profit in every sip!

Midnight Meme 😂

Odd Notes🕵️‍♂️

Snippets from the shadows

• Popular grocery delivery platform Getir remove themselves from the US, UK and Europe market to focus on Turkey.

• Tesla shares rise sharply by 15% after passing a significant milestone in China

• Ford’s new hand free driving system is under investigation after fatal crashes

That wraps up today's business, we'll meet again on the next odd night with more inside news from the family.

Have a business idea that we could feature? Hit reply and share the 411. If we ride with your plan, you'll see your name in the credits. That a deal?

Disclaimer: This newsletter is educational, not financial advice. Exercise caution and conduct personal research before making investment decisions.