Figuring out how to start a hair extension business in Nigeria can be confusing. Advanced hair business comprises components such as the idea of the product, labor cost and material cost, space needed to set up shop or rent, routines needed for daily work, and the ways to market products. Stay tuned.
What are hair extensions?
Hair extensions are long locks of natural or synthetic hair attached by using combination type attachment and glue-over bonds. The most common kinds of hair bundles used for hair extension purposes include tape-in, wefted, and micro-ring among others. Whatever kind you have, always remember to use the best quality hair for your hair expansion business.
What is a hair extension business?
Hair extensions are sales of natural and synthetic hairs of any type which comes in different colours, shapes, and texture.
Things to know before starting a hair extension business
The hair extension business is growing rapidly, especially among young women of today. The ideal place to start the business should be in a salon or barbershop. This is because men usually go to hairdressing salons for haircuts and styling. Since men would see your advertisement, you will probably get more customers.
Enough customers can grow this into a big business that can reach out to other cities in no time.
You can advertise your services by means of leaflets, and posters displayed around the shop.
How do I start my own hair extension business?
Starting a hair extensions business can be as easy as starting any other salon business. But you need to follow due processes and take things easy. This article will discuss 5 ways of starting a hair extensions business and they include:
Get the adequate training
You need to spend money on training and grooming your staff. Starting a hair extension business requires the right education.
Get your capital ready
You need to spend money on buying hair that is expensive, durable, and with good texture. Women lookout for good hair and other hair extensions to look good.
Discover the right products and suppliers
The hair extensions business requires the right products and supplies, and the right setup.
It can be tricky to differentiate between all the possibilities that are available online and in stores, but with so many options it can be overwhelming to figure out what works best. There is one hair extension supplier in particular that has been achieving success for years by offering a wide range of stock, including clip-in extensions. Look out for these people so you can offer value and customers will come back to get more from you.
Develop the business virtually
You can develop this type of business virtually anywhere by selling wigs or hair extensions, or developing products for keeping them in places such as clips, wrapping, glue, and other supplies online.
Sell at a reasonable and affordable rate and look out for customers selling at reasonable prices
It is good you know competitors exist in your line of business. However, women by nature love to look good. Along with this, having good hair is one thing most women usually aspire to have. Sell with a good and you will see women tripping in your shop. The hair business has always been a lucrative venture and is continuing to grow every day.
How much money can you make selling hair extensions
Hair extension gives profit when there are more sales. The more you sell, the more you make a profit. You can make up to #1,500 or # 2,500 just in one hair, then multiply it by how many sales you made a day.
How much does it cost to start a hair extension business
It can cost you up to 600,000 thousand nairas or fewer depending on the scale you want to start with it. Rent a shop first and then know the remaining balance.
Types of hair extensions business
- Synthetic
- Human hair
- European hair
- Brazilian hair
- Peruvian hair
- Indian hair
- Attachments
- Wigs done with hairs
Note: Hairs come in different inches, colors, different makes, and their prices vary too.
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Conclusion
Hair extensions are now being used as a very popular way to achieve longer and fuller hair that is trendy but also feels natural. A hair extension business can be an amazing job that capitalizes on the desire women have to look and feel beautiful every day. However, follow the steps in this article for you to begin with your own hair extension business and run it effectively.
