I wish to sell hair extensions.

I wish to sell hair extensions.

I wish to sell hair extensions

Dintle contacted me with her wish, she mailed me:” I wish to sell hair extensions”. For me that is a good start. Dintle had a desire, she was motivated and that is always good for an entrepreneur.
Her mail ended with “Are you able to supply, and what can you supply?”. This did not feel good! Let me explain why and what the next step will be.

I wish to sell hair extensions

Again, this was a great start, you start with what you want to achieve. Selling Hair Extensions! This line is a great opening for an elevator pitch. In one sentence you make clear what your ambition is, no doubt about what you want.

Are you able to supply, and what can you supply?

Let me start to tell you, I can supply. I have info-products like eBooks, Templates and other documentation to guide hair sellers. I have time to share with you as business mentor and I can supply hair. Direct or thanks to hair wholesale suppliers.

But does this answer your question? My answer is generic, and it will not help you at all. But it is the only answer I can give, because I do not know what you need!

Let me help you to rephrase the question.

The wish to sell hair needs a follow up

It all started with the well-formed opening line “I wish to sell hair extensions”. But there was no follow up.
Envision a new client walks into your store and she tells you “my wish is to buy hair extensions”. This will make you excited and delighted. The same as I was after reading the message from Dintle. Because that is why you started this business. You want people to tell you they want to buy Hair Extensions, right?
But, will the talk be over now, and you will deliver 3 bundles of hair and the client will pay? No, now the talk about hair will only start. You want to understand exactly what your client is looking for. Only if you understand her needs, you will be able to turn around and reach out for the shelf with the finest hair extensions in your store. Exactly the extensions she wishes, or if not available today, your best alternative.
You will only be able to provide the hair your client wants, if you are prepared for her question “I wish to buy hair extensions”.

The secret to return home wealthy

If you want to sell your hair to every person that enters your store, or every visitor of your webstore, you need to listen. You need to make it a habit to go to the places your potential clients like to visit. Study them, chat with them about what is keeping them happy and what are their struggles. Talk about hair and find out what makes them pleased or unhappy about their current hair supplier.
Make notes and write down not only what they are saying, but also how. What kind of words they are using to say what they are looking for? But also, the words they use when they explain what makes them annoyed about hair and hair stores.
Only when every page of your notebook is full you may return home. Or so much sooner when you have a good understanding what the women in your town like and do not like. I can tell you, when you get home, you are much wealthier than when you left home in the morning.
Your notebook is full of secrets from your potential clients that will buy from you. All you need to do is to highlight in the notebook the observations about “I wish or the I hate”. What do they want or wish when buying hair or after they got the hair? What do they not like or even hate when they have bought hair or when they are in a hair or beauty store?

And when I say you return home wealthy; I mean rich because with this information you can do miracles and you will make a lot of money.

How to Sell hair to Every Visitor of your Store

Your notebook is the secret of your success. Thanks to the time you took to listen to these women and the effort you take to understand their needs; you will triumph. Your will be able to buy the finest hair your client can wish for. You will always be able to join her in the conversation when she tells you she wishes to buy hair extensions. Because you knew already in advance what she was looking for.
You can tell the world you are selling hair using the right words and the appropriate marketing channels. Because you know what kind of words your clients use when she talks about the hair she wants. You can use this similar kind of language in your marketing and advertisement messages.
Because you know what she does not like, you can avoid these words or use this experience to give a service that is free of anything that makes her feel uncomfortable. You are always one step ahead of the competition.
To help you to understand the needs of your clients and to communicate more better, I advise using an Ideal Client template. This helps you to create a buyer Persona, a person that will always buy your hair.
Use the Ideal Client templates in the all-in-one hair extensions package, with or without samples with the Ideal Hair Client. A template that comes for free as part of the all-in-one hair extensions package. All the support you need to start your hair business.

<iframe width="560" height="315" src="https://www.youtube.com/embed/zQW_OfoOWEo" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Are you able to supply?

Indeed, now you can offer your client the hair and hair care she needs. Now you can go to the wholesale supplier with the type of hair you will always sell. You will no longer run the risk to have hair at hand nobody wants to buy. You know what your clients want, and you can tell me what you need.

Can I help?

And yes, I am happy you told me you wish to sell hair extensions, I look forward to help you! Leave a comment if you need me to help you!

How much to markup Donna Bella Tape In extensions?

Jenna told me, she started to offer Donna Bella Tape in Extensions. But the question raised, how much to markup if you sell Donna Bella, or another well-known hair brand? It will not take your customer a lot of effort to compare the price with the Donna Bella website. What would be a smart and profitable markup strategy?

There are two key elements to consider. First, what are the cost you have to bear for the tape in extensions you purchased from Donna Bella? The second question you must ask, what is the price range I can put for my services?

How much to markup Donna Bella tape in extensions?

What are the cost you need to bear for the extensions you purchased from Donna Bella?

Okay, we mention Donna Bella, but the following applies for all kind of extensions you buy from other brands. Donna Bella writes on their blog: “There’s no easy answer about how much a stylist should charge for a hair extension job.” But you want an answer anyway, so that is why I wrote this post.

<a target="_blank" href="https://www.amazon.com/gp/product/B07BW3P28D/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B07BW3P28D&linkCode=as2&tag=how20ed-20&linkId=cb3b80f40f4953bde4dcf6db4e026587"><img border="0" src="//ws-na.amazon-adsystem.com/widgets/q?_encoding=UTF8&MarketPlace=US&ASIN=B07BW3P28D&ServiceVersion=20070822&ID=AsinImage&WS=1&Format=_SL160_&tag=how20ed-20" ></a><img src="//ir-na.amazon-adsystem.com/e/ir?t=how20ed-20&l=am2&o=1&a=B07BW3P28D" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" />

Purchase cost Hair Extensions

It all starts with the purchase price of the hair you bought from the wholesale supplier. This price depends on the quality and quantity. The more kilo’s or bundles hair you buy, the lower the price per bundle. That is economies of scale. Here you can make the difference from people who buy retail volume, say 3 to 5 bundles. Better to wait some time. Get more orders in from your clients and negotiate a nice purchase price per bundle with your supplier.

The payment transaction fees

Next to the purchase price, you have to pay for the payment services. Especially when you have a wholesale supplier from abroad.
If you pay using PayPal, there might be a 3 to 5 percent payment charge. If you use Western Union or Money Gram you will have a similar charge. The first, PayPal has a buyer’s protection. If something goes wrong with the shipment and you do not get what you expected you get your money back. The wholesale supplier has the opportunity to explain they did everything to make sure you received what you expected.

MoneyGram and Western Union do not have any buyer’s protection. This is a payment method many suppliers prefer. Because they do not run the risk to lose hair shipment and receive no money. This way of payment you can consider after you build up a good relationship with the seller. For higher amounts this is even cheaper.

So, on your notebook you now have two amounts.

  • The purchase price of the hair bundles
  • Plus, the payment transaction fees.

The shipping costs

You know buying from Alibaba or AliExpress will most often not charge you for shipping cost. Thanks to the high volume of these platforms, the suppliers offering their hair benefit from very low shipment prices. But please do not forget, if your hair has to be transported from A to B there are expenses involved. Sometimes these expenses are already included in the selling price, but very often they are charged separately. The last allows for more exact pricing, because if you agree on a shipment with more days involved you will pay less. If you accept no insurance of the shipment, again you will pay less. This freedom will allow you to save hard cash on your shipment charges. This is not possible if the seller does not separately charge for shipping, but has it included in the selling price per bundle or kilo.

Now we have three amounts on your notebook:

  • The purchase price of the hair bundles
  • The payment transaction fees, plus
  • The shipment charges.

What is the price per bundle after payment and shipping?

Now you have all the figures you need to calculate how much you need to markup your purchased hair extensions. The original purchase price, the payment commission or fee and the charges for shipping.
There are two methods to calculate the markup per bundle.

You can calculate with every order the total cost per bundle. All you have to do is to divide the total amount by the number of bundles you are going to sell. This will give you the amount per bundle that will generate not a loss and not a profit on this transaction. This way of calculation is simple, but you will have to recalculate your selling price after every new purchase.

Or you can estimate the number of bundles you are going to sell this whole year and estimate the total amount you are going to invest in hair, plus charges. If now you divide the total cost by the total number of bundles you are going to buy this year, you will have a stable cost price of the hair. Your cost price will be fixed for one year.

Please continue reading!

Be aware, you need a higher markup

Please, I hope you did not stop reading after the last paragraph. Because with the cost price you calculated you miss a reward for all the other expenses related to doing business. The rent of your store or supply room, the maintenance of your webstore, the fuel of your car for the home visits to your clients and many, many other expenses.

Luckily you started the year with a good business plan. So, you have a good idea of all the operational and marketing cost it takes to keep on doing the hair business. Every bundle you are going to sell should also compensate for these expenses. Here we use the same formula. You divide all the operational and marketing expenses per bundle you purchased. Together with the cost price per bundle, you will have the minimum price you should charge not to make any loss or profit.

Wait! Stop! You are in this business to make a profit. So again, you have to continue reading because now we are going to discuss the part where you are going to make a profit!

How much to markup Donna Bella tape in extensions

Now you will find out if you are a real entrepreneur. Because now you know the lowest price of the Donna Bella tape in hair extensions or any other bundles. With the next step you step in the footsteps of many great entrepreneurs. You are going to decide how much profit you are going to make per bundle.

Check the following post for ideas and support to calculate the highest markup you can charge.

post profitable pricing strategy

If you offer Donna Bella hair combined with a treatment, you do not need to inform the client of the exact price of the hair.

Offer an all-in-one treatment:

  • Donna Bella hair
  • install and
  • together with the best service in town

Now you can sell the Donna Bella hair at a higher price than the price on the website of Donna Bella. Agree? leave a comment!

What are the start up cost for hair extension business

What are the start up cost for hair extension business

Home 9 Tag: Marketing ( Page 3 )
The start up cost for a hair extension business are the sum of all the things you need to buy, or services from third parties like a lawyer. Experience tells if you have a limited budget, people do not know how to invest spend their money. It is important to make a list of the start up cost and a plan how to finance these expenses. You can find a nice solution to pay for the start up cost at the end of this post.

What are the start up cost for hair extension business?

The first question is to understand what the start up cost for a hair extensions business consist of. Not all expenses are start up cost. To know what the start up cost for hair extension business are is very relevant. Because:

– You can not pay the start up cost for your hair store from the revenue you make from the sales

– Most start up cost are incidental, you will only pay once

– For fiscal purposes you might have to divide these expenses over the following years of operations. This will reduce your tax burden in years you make revenue by sales.

The cash flow template of the All-in-One Business Package has a complete overview of kind of expenses your will face when you start your hair business. Expenses to think of:

– Setup cost website/shop

– Legal advice incorporation

– Advertising before you launched your business

– Costs incurred when in search for a location

– All investments in fixed furniture you can not depreciate over time (one off)

– Design of Packaging

– Expenses of buying and testing hair

– Travel expenses for your search for the finest hair

– Market survey customers/ competition

What else you need to think of apart from the start up cost?

You need to organize the funding of your business in times you do not generate enough cash flow (income). To start you need to buy inventory (stock of hair), pay for the start up costs and purchase a computer, communication means (smartphone like iphone 11) furniture and office supplies.

You will only start receiving money if you sell hair extensions. This means you need to have or a loan, or savings or another job to pay for the expenses and being operational during the time you did not sell hair.

This means you need to use a cashflow estimation. This will tell you how long you can survive, or pay for the start up cost plus other expenses measured against the income you will receive from your sales.

List all the items you expect to pay for the next 12 months and estimate in what month you have to pay. Add the possible sales revenue for each month and the variance between the outgoing expenses and incoming revenue will tell you if you can survive long enough to get your business from the ground.

Solution if you lack the funds to start your business

If you do not have the capital to finance the start up cost for your hair extension business, consider this.

Organize hair extensions parties, invite friends and friends of friends to come and talk hair. This will not only help you to understand your market and client needs more better, it will also give you your first sales. These sales will help you to pay for your start up costs, how about that?

Do you want to earn your money by selling hair?

List of 100+ Unique Hair Company Names for you

List of 100+ Unique Hair Company Names for you

Home 9 Tag: Marketing ( Page 3 )

Find the best hair company name as part of your Business Plan

One of the most entertaining parts of creating a hair company business plan is to find great hair business names. You want to know: “How should i name my hair company?”

Every month I collect new hair brand names for you. Pick from the list below, with names for hair business, your name, or get my Free eBook to find the company name that fits with your hair brand.

Let the world know your name on social media, packaging, and your own online hair store. With the right names for hair business, you can make the best sales!

Adam Fridman from Digital Marketing Agency Mabbly shares in his contribution “Why Your Company Name Is As Important As Your Company Function” how a business name can grow your business.

What should i name my hair company?
When you are still working on your hair company business plan, and need a name right now, we created a list to help you find the best hair business names ideas. If you scroll down you will find the list of Hair Company Names composed by other hair entrepreneurs. You can use this for suggestions to create your own hair company name. But we also have a great article full about tips to create your own business name from scratch.
4 things to think about to find a name for your hair company
1. Make sure the name of your hair business is a good reflection of where your brand stands for. How you deal with your clients and what kind of hair you offer. When you offer virgin hair, why not using this in the name and create a list of virgin hair company names ideas?

2. Check on the list of hair company names if the name is not taken already. You do not want to get into a legal battle over your name, do you? Neither do you want to change the Hair Company Name once visitors and clients feel a connection with this name.

3. Being creative is nice, but do not push it too far.  some name suggestions are so hard to pronounce or to remember for people who did not create the name. Ask your grandmother or your father to read the name out loud, and check if it does still has the right sound.

4. Be sure there are no competitor with similar kind of hair brand names. You do not want your clients to end up in their shop do you?

You do not have much time left? Take the fast lane and check this list of Hair Company Names.

.

You need a domain name for your online hair store
When you have followed the step and did your research you will have found a name for your hair brand. Now you need to secure your hair brand, with a domain name. Even when you plan to only sell hair in a brick and mortar store, it is better to protect your hair extensions or wig brand with the right domain name.

Why?

  • because when your brand becomes well known in town, others will steal your clients by creating an online hair business with exactly your name;
  • when you want to grow and go national you need online presence, and you domain name will allow you to;
  • how does it look on your price tags or business card, no online store name? People will think your store is not growing or
  • myhairstore@gmail looks half as professional as an email like sales@myhairstore.com, right?
How can your client find your hair store?
On the internet are many, many webpages to be found. Every online hair store, or hair and beauty blog has multiple pages or postings. So how will your ideal client, be able to find what she is looking for?

That is possible thanks to the domain name of your hair store. When your ideal client, types in the browser (chrome on her desktop or safari on her mobile) the browser will check the IP address for your hair store domain. Every device, computer, printer, mobile phone or other internet connected machine, has a dedicated address. This is called the IP address. It is like your home address, this helps others to find you.

Now when her browser has found the IP address it will connect with your hair store. The server of the hosting company, like Bluehost or direct at the servers of Shopify, will send the page with the requested information to the browser of your client.

This is only possible when your store has a domain name.

How does the domain name look like
In the olden days, your domain name would start with www (world wide web), to be sure it is not seen as a mail program. But those days are over. Now the domain has the name of your store plus an extension. So myhairstore.com. Here myhairstore is the mid-level domain and the .com is the top level domain or in short TLD. The TLD can be the country code, shop, or many others now. But most people check for .com as TLD. Keep this in mind when you register the domain name of your hair and beauty store.

Hair Company Names

What are the most common used words in hair company names?

I analyzed the nearly 600 stores that signed up for a Shopify store, the last two years. The words most used are:

One word:

Hair 18%, Beauty 6%, Store or shop 4% and Extension 2%

Two words
Hair extension 1%, Hair extensions 1%,Hair beauty 1 % ,Hair shop 1% and Beauty shop 0.4%

The first letter of the hair store:

The most used letter to start was the letter S (nearly 1 out of 10 shops). Like Silky or Slay. Followed by the letters M and B with 8% and L with 7%., with examples like Mama or Moma and Beauty. Hardly nobody started her store using the letters X,Y,Z or U., but “Your Dream Hair Store” your client will certainly remember.

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Wave Lengths
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Some suggestions

Hair weave company names

There is a growing number of hair weaving companies. Owners and start ups of hair weave companies need a hairline name, that sets them apart from the rest. The products you offer are important, and should be in the best price/quality range.
Create a list of hair weave business names ideas. When thinking about hair weave company names, it helps to check on other hair weave companies. What is their Ideal Client, what kind of weaves do they offer and how can you do different. Do not forget to check the about us page. What is the story of the owner and what is your story behind your hair weave company?

How to name my hair company

If you want to know how to name your hair business, there are a few things professional hair name generators recommend. For example, if you want to make instant fans of your hair brand, you need a love-at first-sight hair brand name! Read more about finding a catchy name and download the free eBook about how to name your hair business on our special post about names.

Virgin hair company name ideas

Virgin hair companies benefit from the high quality of the hair they are selling. Your ideal client knows where she is looking for and you can use this when creating a list of Virgin hair company name ideas. Your Virgin hair shop could include the word “Virgin” or “Pure Virgin”. Avoid the technical stuff, like “chemically unprocessed human hair”.
Virgin hair company names should emphasize the benefits of Virgin hair. Think of the benefits from Virgin hair, like it will generally last longer. It is in a healthier state thanks to never having been colored in any way. So when looking for a name for your Virgin Hair company, you know what to take into consideration: quality, sustainability and pure!.

Start an African Wig Company

When you start a hair business in Africa, you must select a name that will work on the whole continent. We see brands like Darling Hair and Angels braids company in Kenya starting their business, but quickly expand to neighbouring countries. When you make a short list with African Company Names ideas, you can check the African business names on this page. The name of your African wig company should sound good in other countries too. Even in countries where English might not be the first language.

Beauty company names ideas

When you look for hair and beauty company names for your new store, you can use this page to write a long beauty products company names list. This long list is the first step and will give you Beauty company names ideas. Some you might like, some names will sound too familiar with other brands and confuse your clients, or give you a legal battle. Use the beauty products store name ideas to start a brainstorm session. Better not to copy the names of the list, but use it to make a short list, a list with business names that you can ask others to give their opinion about, and to do some more research like if the name will be a good representation of your brand.

The best hair salon names in America!

When you want to know the best hair salon names in America, that will give you ideas of a band name for your business, we recommend a look at our special page with American boutique names. Combine the best service on wig making, with a great tool to measure the right cap size with a spectacular brand name.

Inspiring Hair Boutique Names

The use of other languages in advertising or brand names works very well. Words like “noir” “Cheveu” or other French words, attracts not only the attention of the visitors, it also brings a certain emotion. It sounds mysterious and who does not like some mystery when buying hair, as long as the mystery does not turn out to be bad hair!

Why would you use hair names for your store?

Hair names in your brand or store name, help your brand to get noticed by visitors. On the internet people can see so many things, they have to scan the screen of their device. They can’t read everything. When your brand is names HomeofClarissa.com for example people will not see a hair name, and skip your domain.

Try to add hair names or expressions like, virgin hair, Remy, human or add the origin of the hair name like Brazilian or Peruvian in your hair brand name.

Hair Extensions Suppliers

Question: I purchased your eBook on “How to Sell Hair Extensions´. I was hoping to find suppliers. In the back of the book, you said email if you need suppliers. Please send any reputable suppliers we may consider establishing a relationship with. Thank you very much...

Wholesale hair extensions manufacturers Vietnam

A Vietnamese young entrepreneur contacted us recently to expand the family hair business and asked us for advice for you that’s an business opportunity

B.1.1.529 Coronavirus limits hair available outside China

Less Hair from China Due to B.1.1.529 Coronavirus Last update: Feb 9th, 2020 Over 70 percent of the world hair market is exported by China. Since the outbreak the Coronavirus made many people sick and is responsible for the death of many people worldwide. But the...
Leave a comment below when you want my feedback or help on the names for hair business you found

I would like to start selling hair online (2)

I would like to start selling hair online (2)

The first step, as mentioned in my previous post, if you like to start selling hair is to forget about yourself.
Not you, but somebody else has to buy your hair, right? Now you have to figure out to whom you are going to sell your hair to.

You like to start selling hair?

Believe me, I have been asking this question over and over again to my clients and visitors of my website. They tell me they like to start selling hair, so I ask the question:
To whom are you going to sell the hair? What is your target market? Who is your ideal client?

Do not sell hair to yourself

80 to 90 % of the answers on my question learned me people want to sell hair to people they know. People like yourself. Because of this I published in 2016 a post to ask Afro American women to stop selling hair to Afro American women.

Read this post:
Stop selling hair to Afro American women

It turned out nearly all Afro American start ups wanted to sell hair to Afro American women between 18 and 35! No possibility to distinguish yourself from the competition, just copy-paste. This reduces ,for sure, the chance for your online store for getting noticed on the internet!
If you focus on millions of clients with interest to buy hair, it is the same as no focus at all.
You need to laser [focus your marketing messages] to a specific group of the market. The best way to get noticed. Women, or men, with a special need. A need nobody else has discovered, except you!

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Talk Hair to Discover their needs

Now you see why it is so very important to forget about yourself and to think of the needs of somebody else.
Take your time and talk hair with as many people as possible. Absorb their needs, take notes and think of the perfect solution for their needs.

There is no difference if you want to sell hair online or in a shop or salon. People with hair needs will start looking for solutions the minute they feel they lack a solution. The will have questions like:

Who can help me?
Where do I find the solution for my hair struggle?

They will talk to their friends and turn to their favorite information channel. Facebook, Youtube channel or a hair magazine to mention a few.

It is profitable to know where your clients check for information

Why? For example, you understand the kind of Youtube channels your clients are watching. Try to connect to these channels and offer them a special offer. No need to only aim at the Youtube channels with the most followers. Better to look for new vloggers who imitate successful vlogs. Or who are active on your special place of the market. Big chance they are looking for something new and that new thing could be the hair you have to offer.

The easy way to get clients

You know what interest your potential clients have. All you need to do is to check the specific Youtube channel. Enjoy from the effort from the vloggers who want to grow their number of likes. Let them talk about your hair, or create content that is similar. Your potential client will find information and entertainment and …. your hair.

Think like others to start selling hair

To start selling hair, first forget about yourself. Start with a small role-play by thinking like your potential clients. If you are able to think like your potential clients, you will also understand better where they get their information from. This means, if they look for hair, or beauty products, they will find your offer and your own online hair store.

Let me help you

Tell me in the comment below, what group of people you want to sell hair to? I will help you to start selling hair to them!