How to start hair extensions business? This is one of the most asked questions from everyone in Nigeria which is currently among the top countries with the highest demand for hair extensions in the world. So there are many sellers who want to learn how to start hair business in Nigeria. In this article, I will show the essentials for newbies to know better about how to start hair business in Nigeria.
Many people want to start hair extensions business in Nigeria
The reason of why many people would like to know how to start hair extensions business in Nigeria
According to the latest statistics, the purchasing power of hair extensions of Nigerians in particular and Africans in general is very large. So now many wholesalers decide to learn how to start hair business extensions in Nigeria to get rich.
The demand of buying hair extensions in Nigeria is very high
What makes Nigerian people’s purchasing power for hair extensions strong is for a number of main reasons below.
- The nature of Nigerian hair is hard and curly. So when they want to change their hairstyle, it will take a lot of time to dye or straighten their hair. Therefore, they decided to use hair extensions. That is why the purchasing power of Nigerians is high, and many people want to learn how to start hair extensions business in Nigeria.
- 1 year in Nigeria has many holidays, and this is an opportunity for Nigerians to unleash their beauty. On average, Nigerian women change themselves between 6-12 hairstyles per year. Therefore, it is necessary to immediately learn about how to start hair business in Nigeria immediately. Because the demand for hair extensions in this country is really high.
- Not only women in Nigeria use hair extensions, but Nigerian men also love this product. Often, business men over the age of 50 tend to lose a lot of hair, causing baldness. So they choose hair extensions to bring a polite look when meeting customers. Indeed, the buying demand of Nigerians is so high that a lot of people research how to start hair business in Nigeria.
Hair extensions are common with both women and men
This Nigeria’s demand for hair extensions has not changed and tends to increase day by day due to the increase in material life and the increase in beauty requirements. Currently, it is not too late to learn about how to start hair business in Nigeria and has great potential.
Abundant hair suppliers for a newbie to know how to start hair business in Nigeria
- The essence of Nigerian hair extensions up to 80% is not from Nigerian hair donors. Most of them will choose to import hair extensions from countries such as India, Vietnam, China, …
- Although Nigeria does not have a ready supply of hair, this is a market that makes many investors want to learn how to start hair extensions business in Nigeria. Many hair suppliers from other countries will actively look for ways to buy hair extensions wholesale hair in Nigeria.
Most of wholesalers hair extensions business in Nigeria import hair from Vietnam
- Many of the world’s top hair suppliers like Vietnam, India or China are willing to offer lower prices to sell their products in Nigeria. Because they know this is a fertile land and easy to sell hair extensions in the world. So, you don’t need to worry too much about how to start hair business in Nigeria, because the hair factory is ready to give you attractive prices. However, there are some untrustworthy hair factories, and you need to do your research before doing business with them.
- There are also a number of other hair extension factories from Peruvian, Brazil,… but in general their hair does not suit the tastes of Nigerians. These guys don’t have real hair, but they’re just taking Chinese goods to resell. And Chinese hair is mixed, so I can’t judge the quality of the hair extensions.
- So when you find out how to start hair business in Nigeria, you should find out about famous hair factories in the Vietnam area.
Get high profits after a short time
Because of the high demand for hair extensions, you should learn how to start hair business in Nigeria as soon as possible. This is really an easy opportunity for you to get rich.
- For wise business people, they will know how to increase their profits many times over. Here, how to start business in Nigeria requires owners to know how to calculate the cost of goods and sales, as well as carefully study the Nigerian hair extensions market.
- We often see hair suppliers during the holidays are often very busy, but the profits they make are not small. On average, they can profit from $ 1-10 for each type of hair extension. And for such a large number of people who buy hair, it is too much for them to get rich just by learning how to start hair business in Nigeria.
- Nigerian hair in general and Africa in particular have little hair, or very thin hair, so it is necessary to use hair extensions to make the wigs completely or to thicken the natural hair. Profit can be 2-3 times if buying and selling again and again. As for making hair wigs for sale, the price will be up to 5 times higher. So, it’s never too late to learn how to start hair business in Nigeria.
Wig hair price has a high cost that makes many people want to start a hair extensions business in Nigeria
How to start hair extensions business in Nigeria
Coming to the main part of today’s post, we will learn in detail about how to start hair business in Nigeria.
Preparing background knowledge before finding how to start hair extensions business in Nigeria
- Before starting a hair extensions business in Nigeria, you should prepare and learn the knowledge related to hair extensions.
- To avoid being scammed by hair distributors, you need to know how to classify your hair. According to the style, there will be bone straight hair extensions, curly hair extensions. According to hair thickness, there will be single drawn, super drawn and double super drawn hair extensions.
- Some more tips that you should learn about the general price of virgin hair, remy hair. Because these two hairs have a rather high price difference, it is not easy for the new person who doesn’t know how to start hair business in Nigeria to recognize it with naked eyes. There are some places that even mix synthetic fibers into the hair. So try to distinguish Natural virgin hair and synthetic hair.
Know how to distinguish low quality hair extensions also help you to success in start hair extensions business in Nigeria
- Learning more about hair extensions care knowledge will also help you preserve your products better before reaching consumers.
Research on reasonable prices for a newbie to know how to start hair extensions business in Nigeria
Setting a reasonable price for your product is also a way to promote the product to sell better.
- You need to research the prices for your extensions. For the newbies, how to start hair extensions business in Nigeria is quite difficult for you to survey the market. However, when you are just starting to sell hair extensions in the Nigerian market, you should put the reputation of the store first. Profits should be kept low to attract more customers.
- This is also a tip for how to start hair business in Nigeria, is that you should not put too much emphasis on earning interest too much. It will ruin your hard work. Although how to start hair business in Nigeria can make you rich quickly, everything takes a while for users to know your reputation, then gradually increase the price.
- Please spend plenty of time researching Nigerian hair extensions market prices. This is an important step to determine if you can succeed in learning how to start hair business in Nigeria.
Consider hair extensions cost before starting hair extensions business in Nigeria
Determining the type of business for your hair extensions business in Nigeria
You need to clearly define your business type before preparing the money to proceed for how to start hair business in Nigeria.
- Determine whether your business model is a small business or open a wholesale store to determine the amount of money to prepare.
- As for the hair when you only buy it for display, you should choose good quality hair that can be kept in the open air for a long time.
Displaying hair extensions in a store in Nigeria
- Some wholesalers often buy some hair products to test first, they will use hair extensions directly on them or put on mannequins to take product photos to life. And that also creates absolute trust for their customers. That is the way of the forefathers who have been successful in how to start hair business in Nigeria.
Preparing budget for how to start hair extensions business in Nigeria
Every business requires capital. We cannot do business without capital.
- Before researching how to start hair business in Nigeria, you need to prepare some money to import goods. The amount will depend on the quality of the hair you import. High quality hair, the price of hair will also be slightly higher than low quality hair. In my opinion, as a beginner, you should import half high quality hair, and half medium quality hair.
- In addition to the cost of paying for hair products, you also need to factor in the cost of space if you need to open a salon, or the cost of running ads for posts on social networks.
Estimating budget is one of important steps for how to start hair extensions business in Nigeria
Finding a loyal hair extension supplier is a success for how to start hair extensions business in Nigeria.
It sounds simple, but finding a hair supplier for yourself is really not easy.
- We should look to buy hair in countries famous for good quality, affordable hair like Vietnam. This is the country that supplies the world’s best hair extensions with reasonable prices and good quality hair.
- Some famous hair extensions suppliers in Vietnam such as 5s hair factory, K-hair factory will give the newbie who is looking for how to start hair extensions business in Nigeria the best buying experience. They are all hair experts, and have experience dealing with thousands of wholesalers in Nigeria every year. So for the staff of 5s hair factory, the hair extensions market in Nigeria is their specialty.
- Once you have found a reliable hair supplier, it is not too difficult to start your hair extensions business in Nigeria. However, you should avoid scamming hair suppliers to avoid damage to yourself by reading hair extensions reviews.
5S Hair Factory and K-hair are the 2 biggest hair factory in Vietnam
How do you keep your hair extension business running?
Although the planning may be simple, running your business and sustaining it are difficult. This does not imply that it cannot be done, though. You and your business will both succeed with a little assistance and advice. Find a person you may know who owns a business so you can benefit from some of their insights.
- Develop a positive rapport with your client. Being the one to start a relationship will benefit your success. Respect them and be kind to them. They will return to your store as a result of your treatment, and they might even tell their friends and relatives about you.
- You will have additional hair extensions in your possession when new orders come in. You must be aware of the proper placement for them. Additionally, you must manage your inventory and paperwork, which is a chore given that you must do it every day. It is used to keep track of your needs and market trends.
- Finally, you maintain a balance between your personal and professional lives. Even though you need to take care of your business, you should come first.
Setting boundaries in your life and maintaining a healthy mind and body begin with knowing your capacity and limit.
Frequently Asked Questions:
1. Is it profitable to sell hair extensions online?
A physical store will be more successful because customers can really view the product. However, if you can effectively brand them, selling online can be beneficial in the long run. But since it is in demand, it won’t be difficult.
2. What is the appeal of hair extensions?
To get the desired style, a person uses hair extensions to lengthen and volumize their own hair. Additionally, it boosts confidence because some people want to cover up hair problems. Others want to wear it every day or on significant events like weddings to improve their appearance.
3. Who is the hair industry’s target consumer?
Although women are more likely to purchase wigs and hair extensions, these items are not just for women. Anyone who wishes to improve their hair and look can use this item. Status and age are also irrelevant because both teenagers and the elderly use hair extensions.
5S Hair Factory – The company will help you realize how to start hair extensions business in Nigeria.
Almost wholesales in Nigeria know 5s hair factory is a name that is no longer a stranger to the Nigerian hair extension market. This is a famous hair company located in Vietnam, and they specialize in providing high quality hair extensions at reasonable prices.
When using 5S Hair Factory products, you won’t need to worry about how to start hair business in Nigeria. Because 5S Hair Factory is a company that supplies hair mainly to the Nigerian market, they know very well the needs of hair buyers.
Come to 5S Hair Factory, even if you don’t know anything about how to start hair business in Nigeria, with the professional consulting team of 5S Hair Factory, they will be extremely enthusiastic to give you professional knowledge. basics of how to start hair business in Nigeria.
To buy hair in bulk for starting your hair extensions business in Nigeria, contact us via Whatsapp: +84855555754 (Ms. Lily) for advice and buy at the best price.
