Capitalize on TikTok Niche Opportunities
Long gone are the years where you learn American history through 300-page textbooks. Teens are looking to their fave app to do that: TikTok.
Some would argue that TikTok is just a glorified version of Vine, nearly a decade later. But the 15-second format (versus 6 seconds with Vine), which can be compiled into 60-second multi-clips, have allowed people to go much further than funny faces or potatoes flying around rooms. And during a time when people are stuck at home and looking for some combination of entertainment, social interaction, and hope, TikTok has gotten even more attention.
Even prior to the coronavirus pandemic, TikTok was growing fast (see its rise visualized here). But you might be surprised by what other TikTok niche areas are emerging on the social media platform.
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Don’t press snooze on this opportunity: sleep supplements
The signal: As meditation becomes mainstream, people may be surprised to find that searches for sleep apps double their meditation counterpart. As people invest in getting a better night’s rest, there’s opportunity abound, including physical products like weighted blankets or premium PJs, supplements, popular insomnia drugs having their patents expire, companies paying their employees to sleep better, marketing for sleep specialists, or online sleep education (ex: sleep apnea test has 27k searches per month).
The alternative milk market is getting frothy
The signal: As more people wave goodbye to dairy, alternative milk is slowly taking over; it has already cornered 13% of the market. With the exception of soy milk, all of the alt-milks have been on the up, with some of the newer entrants including hemp milk and pea milk. Other alt-products are getting attention, including cashew cheese, with 18100 searches per month.
Capitalizing on the Airpods market, making more money than Shopify
The signal: Since killing the headphone jack, Apple has graced the world with AirPods, which did an estimated 60m units in 2019. That means AirPods alone are bringing in approx ~$10b in revenue, more than Twitter, Shopify, or Spotify, to name a few popular tech giants. Opportunity lies in Apple opening up SiriOS or the wave of iPhone accessories (including cases, cleaning kits, hooks, and keychains) which have shown “hockey stick” growth alongside their hardware predecessor.
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