Thinking about opening a distilled water retail business? We tell you what you need to know to get started.
Distilled & Bottled Water Industry Facts
It's estimated that Americans spend more than $15 billion per year on bottled water. That's an astounding figure, given the fact that nearly all bottled water buyers have free access to as much tap water as they can drink.
Yet the health benefits of pure drinking water combined with the portability of bottled water has made various types of bottled water a staple in homes and businesses throughout the nation. Although it doesn't represent the largest share of the bottled water marketplace, distilled water captures a sizeable chunk of industry sales.
Distilled Water: Selling Points
Distilled water differs from tap water and other types of tap water in several ways. Most importantly, distilled water has been processed through a careful process that removes minerals and impurities.
The purity of distilled water results in a much different taste profile than tap water or spring water. Often described as "flat", first-time distilled water drinkers may initially be put off by the taste of distilled water products. However, other consumers prefer distilled water for drinking because it doesn't contain the minerals, chlorine or fluoride that are common to the majority of water sources.
Drinking water isn't the only use for distilled water. Business and personal consumers use distilled water for vehicles, irons and other mechanical functions in which mineral build-up can be problematic over time. So for distilled water retailers, purity is a product benefit that can be leveraged as a selling point for consumption and mechanical applications.
Sales Models for Distilled Water Retailers
Relatively few bottle water retailers focus exclusively on distilled water retailing. Typically, distilled water is offered as one of many bottled water options. But for the right small business, a specialization in distilled water sales has the potential to reap big rewards, provided you can service a large enough territory to justify your overhead costs.
Since distilled water buyers (commercial and residential) are usually loyalty customers, distilled water delivery is an attractive strategy, at least for customers who purchase substantial quantities on weekly basis. To hit less frequent distilled water buyers, consider adopting a distributorship model in which you supply other retailers with a regular inventory of distilled water products.
Best Distilled Water Retail Company Business Plans
As a startup small business owner, you need to have a business plan you can rely on for both external and internal purposes.
At the end of the day, your distilled water retail business can't afford to skate by with an inferior business plan. Why? Because there are a multitude of reasons why your company can't succeed without a sound business plan.
From a business ownership perspective, that makes business planning your first priority - and not a task that can be assigned to the back burner.
Prior to opening a distilled water retail business in your area, it's essential to see what the competition looks like. Use the link below to find competitors in your city. Complete the form by entering your city, state and zip code to get a list of distilled water retail businesses that are close by.
Before you open up shop, make sure you know what you will offer to your customers that provides a significant advantage over your competition's offering.
Learning More About the Industry
After you've evaluated your local competitors, it's essential that you have a conversation with someone who is in the business. If you think owners of nearby distilled water retail businesses will give you advice, think again. Why would they want to educate a future competitor?
But, a person who owns a distilled water retail business outside of your community may be more than happy to give you a few tips, provided that you won't be directly competing with them. In that case, the business owner may be more than happy to discuss the industry with you. If you are persistent, you can find a business mentor who is willing to help you out.
How does one go about finding a distilled water retail business founder in a different locale who can assist you?
Here's one way to do it. Just use our link below, find somebody and call them.
Advantages of Using a Business Broker
Business owners are decision makers. And the first decision you'll need to make is between a distilled water retail business startup and an acquisition. For distilled water retail business entrepreneurs, there are many reasons why a purchase is more logical than a startup.
A qualified business brokers can provide a range of services designed to ease your transition into business ownership.
The best business brokers will ensure that you get the right business for the right price, and will help you avoid common distilled water retail business acquisition mistakes.
Franchising May Be a Better Way to Go
As an entrepreneur, your chances becoming a successful entrepreneur immediately improve if you opt for franchising rather than going it alone.
Before starting a distilled water retail business, you ought to assess whether there are good franchise opportunities available that might make it easy to get started.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you already are in business and came here to learn about growing an existing distilled water retail business, try these useful resources:
If you came here to learn about selling to distilled water retail businesses, this isn't the right place for you. These resources are more appropriate for you:
If you are still exploring all of your options, please browse our directory of guides below.