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An Overview of Starting a Beauty Supply Business

June 23, 2018 417 views

How to Start a Beauty Supply Business

Overview:

Some of the oldest products made and sold all over the world revolve around beauty.

Beauty supplies and products are as old as Cleopatra and the return to natural products continues to increase due to allergies and opposition to animal testing.

While highly competitive, the beauty industry continues to flourish in various sectors and all over the world. Thus, the industry grows as well.

There are basically four areas:

    1. Franchise home sales: such as Mary Kay, Avon, etc.
    2. Retail store franchises: such as Sally’s
    3. Manufacture and sell your own product line to retail outlets
    4. Sale of imported beauty products online and offline

The two keys to success are a passion for beauty products and finding a niche that fills a particular need or demand.

Skill Set:

  • Cosmetology.
  • Knowledge of chemicals as well as herbs and botanicals.
  • Marketing and promotion.
  • Applied sciences such as reactions of combined chemical or natural bases.
  • Inventory management.
  • Sales and marketing to retail outlets.
  • Labeling and packaging of products.
  • Taking and delivering orders.
  • Strong customer service skills.
  • Checking store displays, making sure stock is sufficient in retail outlets.
  • Common Business Skills.

Hours of Operation:

If you have a brick and mortar establishment, your hours will generally be retailers hours of 10 am to 6 pm. If you are an affiliate or home party franchise, your hours will vary.

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