Hydrology Water Store will provide an easier way for fast paced customers to get access to clean water, minerals and filters.
US Market:
Water refill industry generates:
$2.7 Billion in 2022 CAGR 8.7%
$5.34 Billion by 2030 *www.Grandviewresearch.com
Refrigerator Filter industry generates:
$1.2 Billion in 2021 CAGR 5.7%. Projected $1.8 Billion by 2030 *Business research Insights
Residential RO industry generates:
$7.9 Billion in 2022 CAGR 5.3%. Projected $10.8 Billion by 2028 *Precision Reports
Trace Mineral industry generates:
$5.9 Billion by 2029 CAGR 5.7%
*Data Bridge Market Research
Hydrology will monetize this growth. Selling products at market value. We will be able to do that because consumers want sustainable clean water. Other revenue streams with listed industries above will have a similar profit gains of other major companies who sell those products. Retail pricing is generally on MAP pricing.
I’ve attained the legal name of the business with a LLC. Along with establishing a business bank account, professional email address. Created a business plan and expense report. I’m having a web domain created to allow for online orders and subscriptions to our general merchandise.
As the founder of Hydrology Water Store, my experience in the people business starting with 6 years as a Hospital Corpsman in the U.S. Navy to 19 years in management in the automotive tire retail space. My ability to assess a consumer need, market it and create a workflow for a seem less end to end experience has generated and average of 13% profit growth for 7 years being in upper management.
Researching the water refill space brings me excitement for the scaling of Hydrology Water Stores. Most established water store are filthy. No urgency to help customers get their time back by getting in and out with their clean water. The price of purified water in the market is an indication of how well the owner maintains their purification system. Hydrology will revolutionize the experience with online BOPIS orders to be create a touchless purchase experience. While they stay in their cars, our employees will do the heavy lifting of swapping out 5 gallon water containers. The store front will offer reusable water cups, refrigerator filters, residential RO systems, and minerals for those who want to add them to their water.
Join me on “A Journey To Clean Water”
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