Starting Hair Extension Business In Nigeria

The demand for hair extension in the Nigerian market is sky-rocketing every day. Therefore, Hair extension business is a viable and lucrative business in Nigeria very good thing about hair extension business in Nigeria is that it requires little capital to start. Most women today take extra measure to look good and are willing to spend even their last money to achieve this. To achieve good looks, women make their hair with all types of hair extension and they do it almost every week. Another thing about hair extension business is that you can start it small from home without renting a shop, and your customers will still reach you on your mobile phone when the need arises.  The business is quite simple and affordable.

Types of Hair Extension

We have different types of hair extension available in the market, example; human hair, European, Brazilian hair, Peruvian hair, Indian hair,wigs, amigos attachments etc. They come in different inches, colors, different makes, and their prices vary too.
Before you can start hair extension business, you need to understand and get familiar with these different types of hair extension that are in the market. Some people may consider selling only human hair depending on who their customers are, while others may prefer to sell all products of hair extension. It is advisable to sell different types of hair extension because people are different so are taste and likes. Being known for different kinds of brands makes you earn more satisfied customers who in turn will help promote your business by word of mouth.

STRATEGY PLAN FOR Hair Extension Business

 This business is capable of making you N700,000 monthly if you take it serious and give your all to the marketing. To engage yourself in this type of business you need to put something into consideration to avoid any pitfall.

1. Write A Feasibility Study

Make a list on how you want your business to succeed at the beginning and in the future. Think of how you can compete with the existing competitors in this line of business. Know how much you need to start up, and what the turnover would be.

2. Capital Prospect

When you invest N 500,000 to buy different types of hair extension that pull traffic in the market such as, expression attachments, human hair, lace wig, and other related items to stock. You stand a chance of making N 300,000 returns from your investment.

3.  Directly From Manufacturers

If you do not have enough financial capacity to import directly from China, you can consider purchasing from local manufacturers. Even so, you can get your product at a reasonable rate while being assured of good quality. In effect, you will be able to give your customers a reasonable discount on product purchase. Partner with most of hair suppliers in Lagos, Nigeria .We can get many brands hair extensions for you at factory price. You can also sell your hair and beauty products on our online store, just send the picture and price. We will do the rest.

4. Attract Your Customers

While reasonable price will help you gain more customers, you can make them loyal by giving incentives on products purchased. This can come as gifts on products bought depending on the quantity. Sometimes, you can run a sales promo. Your customers want to be convinced that there is difference between you and other suppliers. Endeavor to stand out by treating them in such a way to show that they are kings.

I believe these steps above would give you an insight of how to start a successful hair extension business, and make you stand out from existing competitors. If you have any comments or questions, please do not hesitate to do so below.