Exploding Topics - ET: July 12th 2022

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Hey,

Here’s this week’s list of rapidly trending topics, insights and analysis.

Topic #1

Libido Gummies

Libido gummies help increase sexual desire and/or sexual drive.

These gummies usually contain ashwagandha and vitamin E (often referred to as “the sex vitamin”).

Olly is a startup that sells a pack of very popular libido gummies.

Their libido supplements bring in an estimated $122K/month on Amazon.

What's next:
Libido gummies are part of the Everything Gummies meta trend.

Gummies are becoming the de facto delivery method for many supplement categories.

In fact, certain gummy categories, such as magnesium gummies, are growing at around 130% YoY.

Gummies are thought to be the “perfect DTC product” because they can be easily advertised and easily shipped.

This is illustrated by the fact that gummy sales across Amazon are increasing approximately 60% YoY.

This is why we are seeing an increase in trending gummy products such as sea moss gummies, hair gummies and melatonin gummies.

Topic #2

Userlytics

Userlytics is a remote UX testing platform for websites, apps, and competitor assets.

According to Userlytics’ CEO, demand for their services in non-English speaking countries is growing at a rate of 25% annually.

One reason behind Userlytics’ rapid growth is the fact that they have access to a network of 1 million+ testers for qualitative and quantitative tests.

The startup generates $3M in annual revenue.

What's next:
Userlytics is part of the UX Research Platforms meta trend.

UX research testing has traditionally been conducted either by using someone’s professional network or by hiring expensive testing service agencies.

On the other hand, UX research platforms operate similarly to survey audience platforms: audiences are defined based on a set of screening questions.

Growing startups such as AppQuality and UberTesters have created UX research platforms to capitalize on this demand.

This is why the market for UX research is expected to double in the next five years.

Topic #3

Sejda

Sejda is an “advanced PDF management tool”.

For example, in addition to common features such as merging, converting, splitting, compressing and more, Sejda also offers an online PDF editor.

Another reason why Sejda is gaining traction is because of their Sejda SDK. This is an open-source Java library that aims to simplify various PDF-related tasks.

What's next:
Sejda is part of the Document Management Systems meta trend.

Finding and optimizing documents is a growing problem for many businesses.

In fact, studies have shown that 54% of office workers spend more time looking for files they need than responding to work emails and messages.

And around 20% of office workers cite “looking for files” as the number 1 issue that needs to be solved to support a future work-from-home setup.

This is why the demand for more advanced document management systems is increasing. In fact, the market for these systems is forecasted to double in size within the next five years.

Topic #4

Bamboo Tumbler

A bamboo tumbler is an insulated mug made primarily or exclusively from bamboo.

Tumblers made from bamboo can keep drinks cold for up to 12 hours and hot for up to 24 hours.

Being made from sustainable bamboo, tumblers are also eco-friendly, which largely explains growing interest in this product category.

A highly-rated bamboo tumbler brings in approximately $59K/month on Amazon.

What's next:
Bamboo tumblers are part of the Sustainable DTC meta trend.

People’s interest in eco-friendly products continues to increase—64% of customers are willing to pay more for sustainable products.

To capitalize on this opportunity, an increasing number of DTC startups are focusing on sustainability as one of their main selling points.

According to the Pitchbook database, the number of sustainable DTC startups increased by more than 118% last year.

Reusable sandwich bags, bamboo food containers and microfiber beach towels are trending examples of sustainable DTC products.

Topic #5

Tech Startup Taking Off
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Topic #6

Fast-growing Software Market
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Topic #7

Marketplace App Gaining Traction
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Topic #8

Hot New Product Category
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Topic #9

Exponential Growth Startup
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We hope you enjoyed this week's Exploding Topics Tuesday. See you next week.

Talk Soon,
Brian and Josh

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Exploding Topics - ET: July 12th 2022

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