As no stranger to rapidly growing businesses, you’ve doubtless heard of the burgeoning health and wellness industry.
There’s a good chance that at some point in the last decade, you realigned your diet or healthcare routine with wellness as a goal, even if you didn’t acknowledge it by name.
And if you haven’t, you almost definitely know someone who did.
Wellness is huge and getting bigger by the minute.
Maybe you’ve even invested in the wellness market on a less personal level, by carrying health-oriented products in your shop.
No matter your previous relationship with wellness, we’re about to make it a lot easier for you to get involved in one of the fastest growing global industries that we’ve seen in our lifetime.
What Constitutes Wellness?
Your daily life most likely includes some form of wellness practice, whether you know it or not.
In fact, wellness offers such a huge umbrella that concretely defining it can sometimes feel daunting.
Do you commit to any sort of exercise routine? That’s wellness.
Do you take CBD or other health supplements? That’s wellness.
Do you meditate or engage in any sort of spiritual self-help programs? That’s wellness.
Do you adhere to any sort of diet? That’s wellness.
As you can see, pinning it down can be a bit confusing at first.
But wellness is simply a collection of the processes and practices that people employ to achieve their optimum health and well-being on a physical level, a mental level, or both.
This could be anything from eating healthier and engaging in an active lifestyle that prioritizes physical fitness to spiritual practices and emotional grounding with a focus on self-improvement and balance.
It’s a complex market, but people around the world are embracing it with an enthusiasm seen in few other industries.
Why Should You Be Investing in Wellness?
According to data collected by the Global Wellness Institute, the global wellness market was valued at $4.5 trillion in 2018.
If the trends in growth are to be trusted, then the global wellness economy has no doubt blown passed the $5 trillion mark by now.
But this is a big picture.
How are things here in the U.S., where fast food, heart disease and obesity still have a stranglehold on a significant percentage of the population?
It may surprise you to learn that nowhere embraces wellness as much as the U.S., boasting a market that was valued at $52.5 billion in 2017.
What makes this figure even more impressive is measuring the actual growth of the wellness market, which was found to be nearly twice that of the overall global economic growth in the year spanning 2015 to 2017.
So, who’s driving these numbers up so dramatically?
According to the same study, 23% of wellness product consumers tie a health-focused lifestyle to their identities, meaning this isn’t just a fad to them.
And those consumers typically fall into the range of men between the ages of 18 to 54 and women between the ages of 18 to 34.
Their average annual household income would fall somewhere between $50K and $100K.
There’s a very good chance this demographic is already showing up to your shop. The opportunity doesn’t get much clearer.
How Wellness Distribution Prepares Your Business for a Thriving Market
Master-Minded has proudly risen to be one of the most reliable and recognizable distribution networks in the U.S. for smoke shop supplies.
Now, we’re applying that same passion, determination, intensity and strategic thinking to a new market which inspires us with the same sense of enthusiasm: the wellness market.
Wellness Distribution has been in the making for some time now and we’re excited to finally unveil this monumental new venture: a well-oiled logistical machine totally focused on the health and wellness market.
We’ve done our research, honed our strategy and are hitting the ground running, offering you simple and trusted jumping on points for a market that promises to only grow bigger and better.
The world was already embracing wellness a couple of years ago when data was being collected.
The global pandemic has no doubt fueled an even more urgent hunger for healthy living.
Wellness Distribution will help businesses like yours satisfy that hunger with a comprehensive product line that covers everything from essential oils and CBD products to supplements and crystals, embracing the entire massive spectrum of health and wellness.
And since this is coming from the same creative thinkers behind Master-Minded, you can expect the same top-notch service and quality you’ve counted on for years.
Health fads come and go, but with an industry as complex and nuanced as wellness, you can expect the growth to only continue.
With your business already part of an industry that often crosses over into sectors of the health and wellness market, pivoting your business plan to include lucrative wellness products is a wise move… especially when we’re making it this easy.
When you’re ready to consider the health and wellness market, Wellness Distribution will be happy to help you on what’s bound to be a prosperous and fulfilling journey.
Keep up with the latest in Wellness Distribution by following us on Instagram @wellnessdistro.forsale!