Fireworks are Expected to Soar Past Previous Revenue Records this Independence Day

THE PROFITS💸

• Fireworks Break Previous Revenue Records

• Tap-to-Pay gets more Advanced

• The Daily Advantage:

Read Time: 2.5 mins

THE BIG PROFITS💸
Fireworks Break Previous Revenue Records
Fireworks are 5-10% more affordable.

Tap-to-Pay gets more Advanced
Multiple actions at a single tap.

The Daily Advantage
Real Estate, Passive Income, Day Trading, and The Daily Advantage and more

Fireworks Break Previous Revenue Records

We expect a banner year for fireworks sales. Despite inflationary pressures, ocean shipping rates have declined since the height of the supply chain crisis during COVID-19, making consumer fireworks more affordable this year by 5-10%. “Our member companies are reporting strong consumer fireworks sales numbers, and we predict revenues could exceed $2.4 billion for the 2024 fireworks season,” said Julie L. Heckman, Executive Director of the APA.

Tap-to-Pay gets more Advanced

The NFC Forum has proposed a new Tap-to-Pay concept. The concept is anticipated to revolutionize the contactless user experience by enabling multiple actions with a single tap. This would support easily obtainable loyalty points, ID verification, and digital receipts.

THE DAILY ADVANTAGE

Airbnb boosts: Airbnb is experiencing a significant boost in bookings for the Fourth of July weekend. According to recent data, searches for stays on Airbnb have surged by 57% compared to the same period in 2019.

The 4th + 1 more: The national average gas price has risen by five cents over the past week, now reaching $3.50 per gallon for the 4th of July. This increase follows nearly three weeks of stable prices and is driven by the cost of oil surpassing $80 per barrel. Since oil prices account for about 54% of the total cost at the pump, a rise in oil prices typically results in higher gasoline prices.

Robotic Light Shows: A key innovation is the deployment of AI-powered drones for fireworks displays. These drones, programmed with precision, can produce intricate light shows synchronized with music, providing a safer and more environmentally friendly alternative to traditional fireworks. Additionally, AI is being utilized in crowd management systems to monitor and predict crowd movements, ensuring safety and efficient flow at large gatherings.

The Daily Advantage:

Use various AI generative services to come up with ideas for print on demand apparel for upcoming holidays like the 4th of July. Some entrepreneurs have reported making thousands of dollars alone on various holidays throughout the year.