Prime drink profits- is the hype worth it for teen investors?
If you’re also wondering how teenagers make bank with just one drink, you should give it a shot to think otherwise.
The story of Charlie Smith, the 10-year-old entrepreneur who earned the nickname ‘little Del Boy,’ is truly inspiring.
He came up with a brilliant idea to sell empty bottles on his mother’s eBay account, and once the viral Prime drink sold out in the UK, he made a 17% profit.
Now, teens in the USA and UK are starting to take notice of the potential profits that come with selling Prime drinks. While teenagers may be smart, they can also be fickle.
So, what are the key factors driving young entrepreneurs to enter the world of Prime drink sales?
Let’s find out!
Whimsy entrepreneurship
Teenagers’ fascination with fame and social media has sparked a surge of interest in Prime drink entrepreneurship. With influential figures like Logan Paul and KSI endorsing the brand, teens see it as a stylish way to stand out.
If you look deeply into the matter you will find that, with a ready-made fanbase, they can tap into the buzz and sell Prime Drinks to a larger audience.
Another factor that attracts teenagers to business is the possibility of making easy money. Little effort is required for young entrepreneurs, as Prime drinks retail for £1.99 but have sold up to £100 online. Even at £8, glorious bottles of squash have become a status symbol.
And it’s not even considered expensive for Prime, which developed a cult following after TikTok videos of customers buying expensive soft drinks went viral.
Last but not least, to young entrepreneurs, the risk is not a concern when it comes to selling Prime. With the drink’s scarcity and high demand, teenage investors have very little to lose.
They can easily store and resell the drinks during stock-out seasons, and buyers are willing to pay triple the retail price. Tech-savvy teens can list the drinks online without having to pay for rental spaces. Even if sales are slow, they can always consume the product and show it off on social media.
The Context for a side hustle
So, when we ask you to give a second thought to a teenage’ Prime drink-selling ideas, adults might think “a hyped idea fizzles out prematurely” or that it’s an overrated venture.
You are probably right! But how can you deny the money that teenagers are already earning? It sounds crazy that a 10-year-old boy makes a profit by selling empty bottles. Simultaneously, with online orders pouring in, this young entrepreneur is already on the path to greatness.
Who knows? He might just be the next big thing in the business world!
Selling Prime drinks proved to be profitable for many teenagers. Although we cannot say that prime drink selling can be a long-term visionary business prospect but one juvenile may take this business to earn his pocket money.
Selling prime drinks as a side hustle? It’s a genius move! Teens can learn to source these sought-after beverages even in scarce supply. They’ll discover the secret sauce of creativity to stand out in a hyper-reactive market. This early-age entrepreneurship sparks their minds to sell and build strong customer relationships. Jumping into the prime drink game means they’re already riding the trend wave, making it the perfect side hustle to fuel their ambitions and stay connected in the ever-changing business world. Cheers to success!
Think about the grown-ups! We launch a startup with modest funds, driven by rational decision-making. We invest our resources and efforts, hoping for a worthwhile return. In contrast, these teenagers have a different mindset because they don’t rush for high rewards in exchange for extreme challenges, which sets them apart from us.
Teen entrepreneurs possess a remarkable potential to become the next business icons of the world, given their exposure to basic earning mechanisms, knowledge about the current popular business trends., advanced communication skills, and adeptness in managing e-commerce platforms.
It’s crucial to acknowledge the power of these skills, as they can pave the way for their success in the long run.
Believe it or not- a small idea can return with great success!
If your teen is steering clear of the black market, they’re possibly on the right track! Earning money can be incredibly fulfilling, whether they’re selling watermelon juice on the side of the road or capitalizing on the latest hype like Prime drink.
Just keep in mind that trends come and go, but the commercial aspect makes people aware of new products. Consider Prime Drink, which grossed over $10 million worldwide in just three months—a great contemporary example of this commercial aspect that creates virtual hype with dramatic results!
When it comes to business, entrepreneurs know to strike while the iron is hot. Once your teen enters the flashy and ever-changing business world, they’ll quickly learn the value of flexibility. Don’t worry; it’s a positive thing that can lead to great success.
Whether your teen earns pocket money or more through legal and ethical means, focus on their ideas and how consumers react to them. In the business world, ideas and consumer actions matter a lot. Once they find a strategy to set up a side hustle that efficiently makes money, it can become an excellent example for others to follow.
Tension in the air
It’s worth noting that Prime has been banned in schools in Australia and the UK for valid reasons. Many teenagers are being exposed to fraudulent ideas and the black market in pursuit of blind popularity.
It’s natural for responsible parents to disagree with the idea of their children using this as a side hustle, especially considering the potential health risks (high level of caffeine) associated with the drink.
The good news is that parental guidance and moral support can help teens shape their business minds and eliminate social risk factors. As for the health policies, Prime comes in two varieties: Hydration in a bottle and Energy in a can.
The hydration drink is sold in bright bottles with names like “Meta Moon” and “Ice Pop” and is similar to a sports drink, containing 10% coconut water.
Wrapping up
To wrap up, it should be stated that, in this rapidly changing economic world, identifying your teen’s business talent is crucial.
If you want to support your eager and entrepreneurial teen, consider walking with them on their business journey.
With Prime drinks readily available in supermarkets, why not encourage them to resell the product?