Looking good is good business. If you are confused as to what sort of business to invest in this may just be for you.
Of course it is better if you are interested in hair that is if you are a user of hair extensions yourself. You should be your own brand ambassador that is the fastest way to sell.
Step 1: Learn the basics/ Upgrade your knowledge
Study the differences between natural human hair and synthetic hair weaves. This way, you can understand which hair is best for different types of extensions braids, and weaves. Also it will save you from been cheated by your suppliers because we have very close synthetics these days.
This is very important as you wouldn’t want to import the human hairs only to find out that there’s no demand for it in your region. Before investing a dime into this business, you must conduct feasibility study to ascertain there people are willing to buy human hair.
You must also figure out how big that demand is, the exact type of human hair your potential customers prefer and how much they are willing to pay for it. You must also try to figure out how much it will cost you to buy and deliver the human hair, the challenges you are likely to face and how to surmount them.
Step 3: Find Suppliers
Set up wholesale accounts with brands and manufacturers of human hair. To get the lowest prices, connect directly with manufacturers in India or China because most human hair for weaving is gathered and produced in Asia. An example of a good place to connect with manufacturers and suppliers is Alibaba.com and Aliexpress.com.
Step 4: Choose a sales medium
You have to plan how you would sell. It is advisable that you sell online or on the social media platforms. It would save you rent money. You also may not need to tie down your money in stock. You can simply get an order, receive payment, place an order with your supplier, make delivery and keep your profit.
Step 5: Attract customers
Always look good as a walking billboard for your business.
Nobody gets to know about a business that is not promoted. So, adopt various marketing strategies in order to spread word about your hair selling business.
Offer incentives for customers to shop with you. Give discounts, do bundle sales, partner with salons to offer free installation for those who buy from you. Be creative.