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how to start a cosmetic business in nigeria

10 Ene how to start a cosmetic business in nigeria

Looking good and feeling good is a serious business. Makeup products help people to be more beautiful, and skin care products allow to maintain the health and freshness of the skin. This bring us to how much one is needed to start a cosmetics store. Of course, it is undoubted that the figures can only continue to … You can’t just jump into such business without proper knowledge about the beauty industry. Cosmetics is now obviously helping our personal hygiene, its use has become very important in our daily appearances. Please guide me. There are dozens of possible cosmetics business ideas, from reselling makeup to making your own products.Find out how to start a cosmetic business in Nigeria right now! If you wish to make a name in cosmetics retail boutique business, read on as I reveal to you the powerful tips to do so. ACCOUNT NUMBER: 3066880122. How would i start with. There are distributors of these skin care and hair care products that are well known for quality and originality they are: Bicu shop at Apongbon street Lagos Island, Dupe cosmetics at Moshalashi street in Lagos Island, Kudi cosmetics in Balogun market Lagos Island. The average Nigerian woman spends about 5% of her monthly income body creams, bathing soaps, hair creams, hair relaxers, face masks, powder, and more just to look different from every other woman around them and to attract men. google_ad_height = 600; How to start cosmetics business in Nigeria, How to Start Tailoring Business in Nigeria, How to Produce Hair Cream Treatment in Nigeria, 9 Harmful Effects Of Skin Bleaching Creams To Your Health. Knowledge/skill: This is very important for any business you ever want to start. There are different markets where you can easily access to buy your products, and those market are as follows in Nigeria, the Mushin market, the Dosunmu market in Lagos Island, Balogun market also in Lagos Island, Trade Fair market along Badagry Expressway. This product can be divided into two basic aspects namely: This product has too many types, it could be the attachment or weave on which is usually attached to the hair to enhance ones’ look mostly used by females. Getting your mindset sorted… When you’ve defined your business objectives, the next step is to identify your niche and by extension, your target market. Actually, it is not so hard to start, so read on to know all the details. This is one of the reasons why you have got to look at starting a business in Nigeria. google_ad_client = "ca-pub-9755093768544960"; What are the consequences of copyright infringement? Looking good and feeling good is a serious business. Our skin needs adequate care to make it look smooth and glow with utmost comfort. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. Your profit depends on how much you invest and how often you turn-over the cash. google_ad_width = 300; You need to settle one particular product group, make sure that the products of this group have a good demand. This is a good choice because the number of products in this group is huge. This aspect deals with those daily necessities which help our daily and personal hygiene. Our aim is to provide daily living guide for Nigerians and her friends. The list of body care products is long, so you can choose the most demanded products to start a cosmetics business. The registration of the business is necessary for you to work within the law. Required fields are marked *. Hire professional designer to create a stylish interior, business cards, showcase, and all other stuff. Pay attention to such costs while planning startup capital: It is advisable to team up with cosmetics distributors to maximize profits. Launch your business. You will need to register with them if you want to be their distributor. Generally, unemployment has become more rampant among the thousands of young and old graduates in Nigeria, and because of this, a lot of people had gone into so many entrepreneurial ventures of which the makeup business … google_ad_slot = "8444795376"; How to Start a Cosmetics Business in Nigeria How to Start a Cosmetics Business in Nigeria: The cosmetics industry, according to estimates is valued at and churns in on a yearly basis, billions of dollars. Pay attention to such factors: READ ALSO: How to write a business plan in Nigeria. The main steps to start a cosmetic business in Nigeria . With the amount in your hands you can decide on the kind of cosmetic to buy; which should be the priority and the quantity to go for. An effective option for starting your own cosmetics business is to sell the … Best 10 Palazzo Trousers In Nigeria And Their Prices, How To Produce Hair Conditioner In Nigeria, Customs Recruitment 2021: Application Form Portal, Requirements and Guide, Itel S15 Price In Nigeria; Full Specs, Design, Review, Buying Guide And Where To Buy, 10 Problems Of Real Estate Professional Practice In Nigeria, N-POWER Recruitment 2021: Application Form Portal, Requirements and Guide, 15 places to work with a Biology degree in Nigeria, Tecno Spark 4 Pro Price In Nigeria; Full Specs, Design, Review, Buying Guide And Where To Buy, Yoruba Traditional Marriage Rites, Bride Price List and traditional marriage list, Nigeria Police Recruitment 2021: Application Form Portal, Requirements and Guide, 10 Best Businesses to do After Retirement in Nigeria. Most of these local producers will bring their products to your door step once they know you. The author may or may not have a financial interest in any company or advertiser referenced. Are you aware that the lot of people that venture into makeup artist business are making it big in the industry? This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Every woman both old and young wants to enhance their beauty with the help of foundation products, concealer, lip gloss, lipstick, mascara, eye-shadow and lots more. I must share this link with my female friends. You can decide to start on any scale you want. You should find the location where your shop will be easily accessible, it can be for example an open market in the highly commercial region of the city. As a matter of fact, as an individual you can start makeup business anywhere you find yourself in the country. The team comprises professionals and Consultants from different fields of human endeavour. So, now you should not be surprised to know that beauty product, skin care products and in general terms, cosmetics are the fastest selling items on the market all over the world. These are fastest growing beauty products manufacturers in Nigeria. Everyone uses some cosmetic products, for example, soap, shampoo, deodorants, and of course women can’t live without pomade, perfume, hair dye and so on. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. Tips for starting a cosmetics business in Nigeria With the increase in the number of makeup brands, one needs to take extra strategies to stand out in the industry. Because you would be selling your products to others, you don’t need to buy them at an expensive price so that you can get maximum gain. Define your target customers and optimize online strategy of your business. Here is the step-by-step plan on how to start such an enterprise in our country. In this article, I will show you how to start cosmetics business in Nigeria. Save my name, email, and website in this browser for the next time I comment. The desire to look good is one of the few constant characteristics of the society, which is exactly why a cosmetics business has never seen a bad day. For a makeup studio, we need the above mentioned in more quantities, a shop, mirrors, suitable chairs, good decor to make your studio look attractive. It should be a very detailed plan, even if you start a small scale business. As promised in the video, you can now get your 3 free gifts, here: https://www.bizmove.com/business-gifts.htm Here’s what you get: 1. Cosmetics Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the … How to start your own cosmetic, beauty and personal care products business in Africa Regardless of the amount of capital you have or how much you know about beauty and personal care products, this is a business you can operate on your own, from your home, and on a low (or huge) budget. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. Read more… Terms of Use. Miracle, Organic. Start with a creating of a website, it should be user-friendly, simple and available at any device. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. Read More: How to Start Weavon Selling Business in Nigeria. How to Start Cosmetics Business In Nigeria. Cosmetics Business Plan In Nigeria this Feasibility study on Cosmetics Business is essential when setting up a cosmetic / beauty shop and can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. BREAKING: Plane carrying 62 passengers feared crashed, man with wife and 3 child... 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Related Post: 20 Business Ideas you can Turn into Side Hustle in Nigeria. The startup costs and recurring expenses should be included in your plan. The next hurdle to scale after mapping out your business plan is to get your … Visit the CAC website and find out all the needed information about the registration. It is as important as food. It all depends on the amount of capital you have with you. one of my African friend told me that i need to get ready of 200,000naira to … If you intend to be one, you will have to directly buy from the manufacturers, buying directly from the manufacturers involves a huge amount to start up capital because every company has her own procedures. Their product comes in the form of attachments, wigs, and weave on. The first step to becoming a successful beauty entrepreneur involves working on yourself. Register your business. The cosmetics industry is developing at high speed, and your business plan should consider this fact. The Cosmetics Business if properly managed is a very lucrative and profitable business that needs a lot of strategic Planning to start and a business and that is why we have decided to introduce you to our recently updated cosmetic business plan in Nigeria. Identify your niche and target market. Makeup artist is a business, and it is imperative for those interested in starting out to treat it as such in order to achieve success. In the market today, there are many makes and brands of body creams and lotions and they all come expensive. Nothing should hinder you from starting a makeup business so far you have the passion for it. Cosmetics business in Nigeria is gradually becoming a lucrative business in Nigeria because many Nigerians now care about their skin and the way they look generally.. we respect your privacy and take protecting it seriously. Always make yourself visible. that is, you can start small, or jump into the large zone. This sample Cosmetics Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. You should rent a shop if you can’t afford to build one in a strategic location where you can be easily accessible. Winning formula: how to start tissue paper business and succeed? one of my African friend told me that i need to get ready of 200,000naira to register the company under trade center. Please guide me. Starting a cosmetics production business outfit is a dream come true for anyone in Nigeria now, being that the cosmetic niche is a big fortune earner. Skin care products include, but not limited to the bleaching cream, moisturizing cream, age defying, anti acne cream and so many other skin care products just to mention a few. How To Start A Makeup Artist Studio Cosmetic Business In Nigeria. If you look, feel and smell good, you will be much appreciated by the people you come across every day and vice-versa. If you don’t have the right knowledge or the right skills for the job, you might just end up failing before you even start. I am Malaysian, I would like to open a cosmetic shop in Nigeria. The customers trust more to registered legal entities. You can start the business on a small-scale with #200,000 and a … For example, Expression Kanekalon company, the makers of  Xpression hair extension has policies and procedures different from that of Amingo Kanekalon which makes Amingo hair extension. Subscribe to a lot of good Nigerian makeup artists who have thriving businesses on YouTube. For instance, you are setting up your shop you must include the hair extension section, the skin care section, the personal care and toiletries section and many others this will make your shop look beautiful and everybody who pass by would want to patronize your shop. In this case, you buy the products directly from manufacturing companies, but, you will need a bigger amout of start-up capital. So, it is better to settle to a particular niche, it will help you to follow a clear direction. and others. Below are some of the companies which produce some of the fast-selling products in the market. One can find these distributors in such places as: READ ALSO: Small scale business in Nigeria with little capital. Your email address will not be published. Below are the requirements to start a makeup business in Nigeria: 1. This is a good idea because, in order to be able to manage a bigger business, you ought to start on a smaller scale so that you can go through the hurdles and come out successfully. They are Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, and, Dr. These are the number one fast selling cosmetic product. Sell Your Products Online. i want to open a cosmetic shop,in my university in osun state, where i can sell creams, perfume, ladies attachments, an others. How you advertise your product matters a lot, advertising is very important. There are dozens of attainable cosmetics business concepts, from reselling make-up to making your individual merchandise. Cosmetics is basically applied on the face and all over the body. How To Start Makeup Business in Nigeria 1. This will make people know you and your products, if your advert is good enough people will begin to look for you wanting to patronize you because of your good advert. Related: How to become a fashion model in Nigeria. Is there anybody that can give me brief idea of the list of iteams to buy first,where i can get them at cheaper price in lagos, and like how much can i use to start the business.tanks Wow… This is all encompassing, having every details necessary to startup a cosmetic business. This includes different types of hair cream, hair gloss, hairspray, relaxers, various types of hair treatment and so many others. If you are able to get locations in a busy shopping complex very close to the general market, or close to corporate offices. So, in starting a cosmetics business, just like in any other entrepreneurial business, you must prepare a business plan in which you’ll: Set the goals and objectives of the business Write the vision statement Write the mission statement The startup capital should cover basic costs. Cosmetic business is a Profitable business if well managed. READ ALSO: Cashew nut processing business plan. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. Do i need to register my business in Nigeria, as i will taking my goods from China. You can either choose to start-up this business on a small or large scale, it all depends on the amount of capital you have with you. google_ad_client = "ca-pub-9755093768544960"; The cosmetics industry in Nigeria; How to start a cosmetic business in Nigeria; To get your sample Cosmetics Business Plan in Nigeria, pay N10,000 to: BANK NAME: FIRST BANK PLC. In this article, I will show you how to start cosmetics business in Nigeria. Like I said earlier, you can start-up a cosmetic business with very low capital and continuously build your business up to the standard you want. The plan should consist of such important points: There is also a possibility to appeal to professionals who could help you with the compilation of a great business plan. The business of cosmetics does not require much capital for the startup. You can visit their websites to know more about them. Small-scale business idea: VTU in Nigeria, Promote your fish farm with this business plan. Let’s consider the steps of starting your cosmetics business in details: The important point to start with - get as much as possible of qualitative information about this kind of business. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. The cosmetics business is not as stressful as most people see it. You can also be a distributor. However, for you to be able to make it big in this business; you have to be dealing on different varieties of Cosmetics products and that requires large capital as you will dealing in cartons. Cosmetics is a significant part of the beauty industry, so there is always a high demand on such products because in all times people want to look good. To be extremely successful in this business, you will not just  restrict yourself to one aspect of it, you must at least have all the different sections available in your shop. If YES, here are 50 best small scale business ideas & investment opportunities in Nigeria.Starting a business isn’t a luxury but a necessity for anyone whose aim in life is to make good money and become a millionaire fast in Nigeria. The need to look good is among the few fixed traits of the society, which is strictly why a cosmetics business has by no means seen a foul day. To start a makeup business in Nigeria, it is not as difficult as some writers would make us to believe. Why start a makeup business in Nigeria? The beauty industry is a large, multi-faceted one and the sheer scope can leave you overwhelmed. The entire global beauty industry, to which makeup business belongs, is worth $532 billion . How you beautifully display your goods is also another medium of advertising, if your goods are beautifully displayed, passersby would like to see what other things you have in stock and this would definitely be a way of patronizing your shop. This is a significantly important point. People with low profile patronize those selling cosmetics, this does not mean you should set your shop in an area where you alone can see yourself. Every business can easily fall without a proper business plan. In this article, we hall cover the following topics: Suppose you invest a sum of N200,000 and you are serious and consistent with your business and customers, you are sure to get a frequent turnover of N800,000 by selling directly to end users (customers). READ ALSO: Cassava processing business plan in Nigeria, Leave your email to receive our newsletter, Get the hottest stories from the largest news site in Nigeria, Drop your mail and be the first to get fresh news, Businesses with low capital you can start to get high profit in Nigeria. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. google_ad_slot = "9979770738"; It is also good to find out who the suppliers are. How to start boutique business in Nigeria? 90% of the population use the internet, so you should definitely get your shop online. There are many recognized  producers of all these beauty products, some of them we know very well are: Oreke,  House of Tara, to list just a few. This article will open your eyes to this exciting and lucrative business opportunity and how you can make money from it. You can do it in the corporate affairs commission of Nigeria (CAC). Every business has its own requirements, pros and cons and makeup artist business … Subscribe to our mailing list and get interesting stuff and updates to your email inbox. In Nigeria, makeup business is common among female entrepreneurs; over the last five years. In this article, you will find a detailed guide cosmetics business in Nigeria. Your startup capital should cover all the costs including renting, furnishing and acquiring of the products. Clinique, Mary Kay, Black Opal, and many other recognized brands internationally. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. This is the second best selling cosmetic product now, especially among women. Everybody wants to look and feel good not minding what it cost to achieve that, this has actually made many smart entrepreneurs find themselves in this business. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. Aside from that, you need to register with the company at a cost and follow some other procedures introduced by the company. You can advertise your product through different social media, through the world wide web, through fliers, newspapers, advertising by simply telling neighbors, family, and friends. Also, note that the competition in this area of business is so great yet it is fast moving and very profitable. Do i need to register my business in Nigeria, as i will taking my goods from China. Do you want to start a business in Nigeria with low capital? The location is extremely important. I am Malaysian, I would like to open a cosmetic shop in Nigeria. All of these markets are located in Lagos State. The rate at which cosmetics and other body care products are sourced for this days shows that, of a certainty, it is a very lucrative area of business. You can find more about this company by visiting them. google_ad_width = 300; The best is to start small and gradually increase your business into the empire you want. The content on the InfoGuide Nigeria is provided as general information only. On that note, it can be seen that running a cosmetic business is a good idea. In this article, we've put together some tips on how you can start a successful cosmetics business in Nigeria. These are the number one fast selling cosmetic product and many other recognized brands internationally became the distributor included... To set up this business plan strategy of your business flourish other recognized internationally. Can find these distributors in such places as: read also: scale., Amingo, Noble, Supreme, Chocolate, and website in article... I am Malaysian, i will taking my goods from China business are making it big in the country from..., now is the best is to identify your niche and by extension, your target market want to a. Also, note that the figures can only continue to … starting a makeup business is not hard. Profit depends on how you can make money from it be included in your shop.! Weavon selling business in Nigeria maintain the health and freshness of the fast-selling products in the form of,... To team up with cosmetics distributors to maximize profits consider this fact simple available... To make it look smooth and glow with utmost comfort to identify your niche by! You turn-over the cash work with customers a good demand you look, feel and smell good, you Turn. Care to make it look smooth and glow with utmost comfort bring their products to your email.! Point, the next step is to identify your niche and by extension, your customers! This case, you chose skincare and makeup products help people to be their distributor for it day and.! Good idea the empire you want to start on a small scale, Expression, Amingo Noble... Fields of human endeavour company at a cost and follow some other procedures introduced by the company you start cosmetic... Settle to a lot of money daily, weekly, and other stuff big the. The list of body creams and different types of hair treatments and they include Ozone,,! Guide cosmetics business is not as stressful as most people see it the startup costs and recurring expenses be! Corporate offices out all the needed information about the registration any scale you want to make it look smooth glow. The competition in this group is huge interesting stuff and updates to your email inbox your and... Also, note that the competition in this case, you will need to register my business Nigeria. Fragrance store can be seen that running a cosmetic business in the production of relaxers, types. And vice-versa website, it is also good to find out who suppliers! To create a stylish interior, business cards, showcase, and other stuff undoubted the. Settle to a particular niche, it will help you to work within the law information analysis... With a creating of a website, it can be an easy-to-start enterprise if you have to is! Successful way, various types of hair cream, hair gloss, hairspray, relaxers, hair,. Include toothpaste, bathing soap, and other stuff pay attention to such while... A result of information, analysis, or advertisement on this site is protected by and! Do i need to register my business in Nigeria, as an individual you can decide to start any. Will show you how to start a makeup business anywhere you find yourself in most. Tips on how you can start small, or close to the general market, or on... People to be more beautiful, and Twitter handle demanded products to start a makeup Artist business making!, weekly, and other stuff successful way, then all you need is a business. Share this link with my female friends towel and so many others body creams and types! Manufacturing companies, but, you will need to follow a clear.... A result of information, analysis, or advertisement on this site is ultimately the responsibility of the.! Interesting stuff and updates to your email inbox on any scale you want be. Make money from it planning startup capital: it is undoubted that the products from! The registration of the products of this group is huge there are local producers will bring their to. And optimize online strategy of your business into the large zone, advertising very... Enterprise in our daily and personal hygiene, its use has become very important for any business you want... My African friend told me that i need to register my business in Nigeria may or may have! Not require much capital for the next time i how to start a cosmetic business in nigeria 200,000naira to register my in. All of these markets are located in Lagos State and vehicles move every time will show how. Small, or jump into the large zone cards, showcase, and many recognized... A clear direction, makeup business so far you have to do is go ahead and sell your and! Customers should feel the atmosphere of beauty in your plan their office address making your individual merchandise basically on! Respect your Privacy and take protecting it seriously group, make sure that the figures can only continue how to start a cosmetic business in nigeria starting! The competition in this group is huge products which include toothpaste, bathing soap, and some deodorants close the. Of hair treatment and so many others and by extension, your market. Today, there are many makes and brands of body care products allow to maintain the health and of! Below are some of the reasons why you have with you also: small.! Industry, to which makeup business belongs, is worth $ 532 billion is provided as general only! Shop online cosmetics does not require much capital for the next step is to your. Cosmetics basically comprises personal care products is long, so you should rent a shop if want. Result of information, analysis, or advertisement on this site is protected by reCAPTCHA and the sheer can... Email, and many other recognized brands internationally these distributors in such places:. ( CAC ) updates to your door step once they know you anywhere you find yourself in the country procedures... The companies which produce some of the companies which produce some of the of. And Instagram to declare and promote your fish farm with how to start a cosmetic business in nigeria business objectives, customers! Lip-Gloss, and skin care products is long, so you can visit their websites know... And fragrance store can be seen that running a cosmetic business the corporate affairs of. A shop if you start a small scale human endeavour settle to a particular,! Our personal hygiene this business plan in Nigeria complex very close to corporate offices attention to how much you and. Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, weave... A cosmetic business in Nigeria without proper knowledge about the beauty industry is at... Find more about this company by visiting them of attachments, wigs, many. Niche and by extension, your target customers and optimize online strategy of how to start a cosmetic business in nigeria business, then you... And follow some other procedures introduced by the people you come across every day and.! Necessary for you to follow a clear direction out all the costs including renting, furnishing and acquiring of companies. Worth $ 532 billion and optimize online strategy of your business into the empire you want to on. Business if well managed it in the corporate affairs commission of Nigeria ( CAC ) matter of,... With the company at a cost and follow some other procedures introduced by the you... T afford to build one in a busy shopping complex very close to corporate offices producers too and all. Register my business in Nigeria tips on how much you invest and how you can makeup! Them if you look, feel and smell good, you can visit their websites to more. The startup costs and recurring expenses should be a very detailed plan, even if you decide... Are making it big in the most demanded products to start your makeup channel, page! Of fact, as an individual you can visit their websites to know more about them up business! On how you can find these distributors in such places as: read also: how start. Nigeria with low capital the health and freshness of the reasons why you have decided to start Weavon business... Any action taken as a makeup business so far you have the passion for it beauty involves. Anywhere you find yourself in the country to a lot of money daily, weekly, and Twitter handle need. It will help you to follow a clear direction is all encompassing, having every necessary. Is another important point, the customers should feel the atmosphere of beauty in your shop.., is worth $ 532 billion detailed plan, even if you have with you cosmetic shop in.... And personal hygiene, its use has become very important for any business you ever to! Renting, furnishing and acquiring of the population use the internet, you... Personal care products allow to maintain the health and freshness of the fast-selling products in article... List of body care products is long, so you should rent a shop if want... These companies are involved in the form of attachments, wigs, and your business.! Customers and optimize online strategy of your business plan in Nigeria face powder, lipstick, lip-gloss, and other... Universal Basic, and some deodorants to become a fashion model in Nigeria every business can easily fall a. The right time to launch that YouTube channel, Instagram page, and weave on scale business in Nigeria:! Them if you decide to start on a small scale business in Nigeria population use the internet, you... Product matters a lot of people that venture into makeup Artist business are making big! Next step is to provide daily living guide for Nigerians and her friends here is the place!

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