Victor Aaron November 30, 2018 Business
Do you like making people look good?If you have answered yes to these questions and have been looking for a way to start the weavon business,this is for you.On the other hand if you are simply looking for a business to start you may consider the weavon business.One business which is highly lucrative and which you can start with a minimal amount of money is the weavon business Because Every woman wants to look good, and so do Nigerian women
The hair is one of the most cardinal aspects of a woman’s body. In the bid to look trendy and fashionable, women do not mind spending much on their hair. This, of course means that hair attachment business is a practical and lucrative business in Nigeria. One thing great about hair attachment business in Nigeria is that it requires minimal cash-flow to begin. Furthermore, practically anybody can do it. So, here is a rundown on how you can start and practically benefit from hair attachment business in Nigeria.
The Types Of Weavon Available In Nigeria
There are a wide variety of hair attachments available in the market. Some of them include;
- Brazilian hair,
- Peruvian hair,
- human hair,
- Indian hair,
These hairs come in different sizes, colours, make and lengths. As such, their costs vary. It is imperative that you get acclimatized with the nitty-gritty of hair attachment business, as per what brand or collection of hair attachment brands you choose to go into. This is because, different customers have different hair needs, and your capacity to meet their variegated needs makes you come top in the business.
Hair attachment business works best in shops. So, you need to rent a shop where you display your wares and attract customers. You need to equally advertise using either or both traditional mass media or web advertorial technologies. So, here is a rundown of requirements for starting hair attachment business in Nigeria
Requirements For Starting Hair Attachment Business In Nigeria
1. Get Trained
Due to a wide variety of hair attachment brands in the market, you should know their names, inches, what they are made of, and where they are made in. This is essential since you will have diverse clients requesting a specific brand of hair.
Along the line, another product can surface in the market that your client may not know about, you can inform your clients likewise concerning it. This is a welcome approach to exhibit to your clients how learned and progressive you are in the business.
2. Do A Hair Attachment Business Feasibility Study:
You need to have an idea of what the hair attachment business world looks like in your area. So, do a rundown on how you need your business to run initially and in future. Scheme out means to handle present competitors to stay afloat.
Know the amount you need to start the business with, and what the turnover would be. Additionally, find out where to purchase your products, either from the wholesalers or makers to get products at a sensible and moderate cost.
3. Capital Prospect:
The volume of cash you invest in stocks invariably has a positive return on investment. When you contribute say, N500,000 to purchase a wide variety of hair attachments, sales are expected to move faster in the market. For example, it is on the saver side to invest in hair attachments like expression attachments, human hair, bind wig, and other related things to stock. You stand a shot of making N 300,000 returns from your investment.
3. Sell Hair Accessories Too
There are some other related products that can be sold alongside hair attachments. Some of these are use for making hair. These include things like relaxers, weavon stick, weavon, weavon oil, needle and a wide range of hair creams and dandruff repellers. This does draw in people as well as invite patronage of salon business owners to your business.
4. Keep Your Prices Moderate
Have it as a primary concern that there are numerous competitors in this line of business. Ensure your cost is extremely sensible and sufficiently appealing. You do not have to make huge benefit as a starter. Getting more patronage and clients should be your topmost priority at the start. Giving them the best quality at moderate rates will make you have repeated clients and patronage of a long time.
5. Buy From Where It’s Cheaper
Backing up what I said in point 4 above, try as much as possible to source for your stock from where the cost is quite moderate. Most of the hair attachments come from China. They are cheaper there. But if you don’t have enough capital to import directly your goods directly from China, you can consider obtaining from nearby makers. All things being equal, you can get your product at a sensible rate while being guaranteed of good quality. As a result, you will have the capacity to offer your goods to your clients and customers at a reasonably moderate rate.
How to Market your Weavon Business
- It is important to start marketing to create awareness on what you have in stock.
- Marketing can be done via social media,word of mouth e.t.c Referrals are mostly the best source of customers.
- Because once you have a satisfied customer,the customer will inform others about your weavons. thus they help you advertise for free.
- Due to the changing nature of fashion trends generally,you must be up to date with current hair trends to ensure you stock current styles.
- If possible you can offer distribution services for customers who would like to patronise you but are outside your location.
- This feature will ensure you reach more people.When properly carried out,the feasibility study can give you an idea of how much to invest
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