Business tips & ideas

The pet industry hit over $136 billion in U.S. spending in 2022, with demand rising as more owners treat pets like family. From toys to supplements, this growing market offers huge income potential for animal-loving entrepreneurs.

The pet industry is booming, with global sales set to exceed $350 billion by 2027. Over 66% of U.S. households own pets, fueling demand for quality products. Americans are expected to spend $30 billion on pet products in 2026.

The pet product market is booming, with the global pet care industry set to reach over $30 billion in the U.S. by 2026.

The pet industry is booming, with global spending set to exceed $500 billion by 2030. In the U.S., pet owners spent over $136 billion in 2022 alone. As pet parents treat their pets to premium products, the demand for unique pet care solutions grows.

Profitable pricing means striking the right balance between value and earnings. Handmade soaps typically sell for $5 to $15 per bar, influenced by quality, branding, and packaging.

Starting a soap brand is growing in popularity as demand for natural products rises. The global organic soap market is expected to reach $383 million by 2031.

The global protein supplement market hit over $20 billion in 2023, with protein powder leading the charge.

Pricing your bee products effectively is crucial for business success. With the global honey market surpassing $9 billion and the rise of conscious consumerism, demand for raw, organic, and sustainably sourced bee products is on the rise.

Did you know that a mere 10% increase in strategic pricing can boost your face mask profitability by up to 50%, yet 67% of beauty entrepreneurs rely solely on cost-plus pricing methods that leave significant profits on the table?

While the average startup cost for a hair care line is $42,000, 41% of successful founders began with under $15,000. This challenges the idea that launching a beauty brand requires massive capital.

Recent industry research shows that haircare products with third-party certifications command a 37% higher retail price point while experiencing 28% less price sensitivity during economic downturns.

Did you know that the average consumer tries 15–20 different shampoo brands in their lifetime, with 40% regularly using multiple products at once? The shampoo and conditioner industry is one of the most fiercely competitive sectors in personal care.

The global skincare market reached an astonishing $155 billion in 2025, with indie brands capturing over 30% of this growth despite competing against beauty conglomerates with massive R&D budgets.

Did you know that skincare products labeled as "certified organic" or "natural" can command price premiums up to 25% higher than their conventional counterparts?

The skincare industry pulses with fierce competition and innovation at every level.

Setting the right price for skincare products is essential. Research shows 60% of consumers link higher prices to better quality, while price sensitivity remains high.

Did you know that while 68% of beauty entrepreneurs initially underestimate their startup costs by an average of 35%, brands that properly capitalize from the beginning are 3.2 times more likely to achieve profitability within their first year?

Industry data shows that top-performing hair care products can earn 70–85% margins, far above the 42% average. This profit gap comes from smart product selection aligned with consumer trends and psychology.

The beauty industry has witnessed a 50% surge in direct-to-consumer brands in 2024 in comparison to 2023, with new competitors entering the market daily.

The essential oils market surpassed $30 billion in 2024 and continues to grow as more consumers seek natural, plant-based products for wellness and home care.

The essential oils market continues its rapid expansion towards multi-billion dollar status as health-conscious consumers increasingly embrace natural alternatives to synthetic products.

The global market now features over 400 commercially available oil varieties, showing the rise in demand for these premium products as approximately two-thirds of consumers specifically seek brands committed to sustainable harvesting practices.

The essential oils market is expanding rapidly, with a projected value of over $27 billion by 2030. As consumers increasingly seek natural wellness solutions, entering this booming industry presents a lucrative opportunity for entrepreneurs.

Selling herbal products can feel like navigating a complex regulatory landscape. Whether you’re offering tinctures, teas, capsules, or creams, understanding licensing requirements is crucial.

The holistic wellness industry has rapidly grown into a multi-billion-dollar market as more consumers turn to preventative health and natural solutions.

1 in 5 startups in the space face delays or penalties due to incorrect or incomplete packaging labels.

The average American coffee drinker spends over $1,100 per year on their daily cup of joy, meaning there’s a steaming hot opportunity for entrepreneurs ready to cash in on the caffeine craze.

Did you know? Over 64% of American adults drink coffee daily, but a growing majority now demand more than just a caffeine fix—they want ethically sourced, environmentally responsible, and health-conscious brews in their mugs.

Pricing your coffee products can feel like navigating a maze: too low, and you're leaving money on the table; too high, and you risk pushing customers away.

The average successful Shopify store earns $72,000 annually, but top performers exceed $1 million in sales. While 85% of businesses monitor competitor metrics regularly, only 23% accurately estimate competitor revenue.

In the competitive world of e-commerce, acquiring new customers can be expensive and time-consuming.

Finding reliable wholesale suppliers is the foundation of a successful Amazon FBA business.

Get the full scoop on private-label cosmetics: from sourcing to selling!

If your dropshipping from China, then this is a read for you!

Contract manufacturing vs. private labeling: Which one's your business soulmate? Dive in and find your perfect match!

Ready to start your own business? See what it entails and explore the products you could sell!

Learn how to launch your own makeup business with our practical step-by-step guide. Start your journey today and turn your passion into profit!

Got a product idea but not sure where to start? Our guide takes you from brainstorming to launching with confidence. Learn to build, market, and grow your idea.

Discover how to earn extra income as a stay-at-home mom. From dropshipping to freelance writing, explore the best remote job opportunities and side hustles to balance family life and finances.

Ready to launch your own supplement line? This guide is your step-by-step roadmap to creating a standout product line that brings your vision to life—easy, no stress, just success.