08 ESENTIAL ELEMENTS FOR A HAIR BUSUNESS FOR BEGINNERS.

Human hair is highly sought after for making extensions, braids, custom wigs and hair pieces. Because human hair is a coveted commodity with widespread usage, learning how to start a business selling human hair for weaving can be a profitable business. This type of hair is preferable to synthetic hair blends because it looks more natural and is more versatile, since it can be heat-styled without damage. If you want to become a supplier of human hair, there are several things you should consider before launching your business.

1. Research Your Products

Learn about weaving and the various types of human hair available as well as the differences between synthetic and human hair weaves, so that you can better serve your customers. If someone wants to buy a 16-inch weft of remy hair, you don’t want to hand her an 18-inch bulk bag of VietNam’s hair because you don’t know the difference. You also need to be able to advise customers on which hair is best for different types of extensions, wigs and braids. Read cosmetology and hair-care books, consult with licensed hairstylists and browse Internet hair-care forums to find out all you can about the products you plan to sell.

2. Search and choose a reputable human hair supplier

You search for suppliers on internet means such as: google, Instagrams, Facebook…. At e-commerce sites like: Alibaba, amazon….or local suppliers. Over the years in the human hair business. I realize that hair suppliers from Vietnam and China give us the best hair products in terms of quality and best price.

They provide 100% human hair. Their hair has a shelf life of 2-5 years. I noticed that hair products from China are cheaper than hair from Vietnam. There are better quality human hair products from Vietnam. As a long time use, the hair strands are softer and smoother. because they use no chemicals or very little chemicals in the production process.

3. Assess the future and profitability of the human hair business.

The hair extension industry keeps on growing as it gets more popular. Many actresses and models even love wearing them on stage and at events. However, you will also have a lot of competitions. What will make selling hair extensions a good business is if you are well-knowledgeable about your product.

Before starting this hair business, you must know the different hair extensions, and there are plenty. There are charts for the thickness and density, the texture, the length, color, and the materials used as there are different needs, preferences, and usage for the hair.

The variety of hair extensions also explains why it is a good business. Furthermore, you will be helping people who feel in need of hair extensions due to bald patches or thinning hair, damaged hair due to chemicals and heat, those who undergo chemotherapy and have other illnesses

4. Profit depends on the amount of investment.

The profit you will gain from the hair business will depend on how much you are willing to invest in it, not only with the capital but also with your time and effort. Furthermore, different kinds of hair extensions and how many sales you can make in a day are factors to the profit.

Primarily, if you will retail a hair extension, you may sell it at an average price of $210. So, if you can make two sales in just a day, you will have $420. In a month, you will already have $12,600 if this becomes constant and $151,200 in sales in a year. But the customer will always come and go.

There are days when you may not have anyone visiting the store, or what they call the bad sales day. You will also have day-offs and be closed during holidays. However, there are also days when your store will be fully packed. These moments mostly come during significant events like prom or weddings.

Furthermore, most customers do not go to the store to buy just one pair of hair, but sometimes three bundles. Once your store is known in the market, more clients will come daily, which may skyrocket your sales to even a million dollars a year in this hair business.

5. Find a perfect location for your store.

Preferably, the place is somewhere that has many potential customers and is accessible such as malls or commercial buildings. It will also serve as your warehouse for your bulk orders. However, if you will be working from home, find a spacious place for your wigs.

6. You must know to make it.

Of course, when having any business, you must know how to market it. One great way to let your shop be known is by creating your website where you can post all your products and have informative blogs. Another way is to have a social media page with regular postings.

7. Plan for your packaging.

Plan for your packaging. This feature will represent your product and the overall view of your business. If applicable, it will include the brand information, the shop’s content, and the location. Think thoroughly about this detail, or hire a professional if you are not confident with your ideas.

8. How do you maintain the hair extension business?

The planning might be easy, but the execution and maintaining your business are challenging. However, this does not mean it is not doable. A little help and tips will help you and your business to be successful. Find someone you might know who also has a business to learn from some of their experiences.

Build a good relationship with your client. Be the one to initiate a rapport because they will help you to be successful. Treat them with respect and compassion. Your treatment will make them come back to your store and might even recommend you to their friends and family.

As more orders come in, you will have more hair extensions in your hands. You must know how to arrange them correctly. Furthermore, you need to organize your records and inventory, which is not so fun as you will have to do it daily. It is to monitor what you need and what’s in demand.

And lastly, you have a balance between your work and personal life. Although you have to take care of your business, you must be your number one priority. Knowing your limit and capacity is an excellent start to setting boundaries in your life and having a sound mind and body. 

Summary

The hair business is getting more popular, making starting a hair extension business now more effective. The people will know your product as time goes by, which will earn you credibility and reputation in the market. Follow this article to guide you on your journey.