If you are into fashion and beauty, chances are you know about hair extensions. Hair extensions include anything from real or synthetic hair that can be clipped on, sewn in with thread, taped on, or even just worn as a wig. As a nearly 700 million dollar industry, there is certainly a demand for these products. The great thing is that these profits don’t have to be limited just to the big companies. People like you can get in and make a business selling hair extensions online and actually do pretty well for themselves. This is why I have written this article: to teach you a business model you can use to sell hair extensions and make your own profitable online enterprise.
What to Do First
If you want to sell hair extensions online, you essentially have two options. The first is that you will need to initially find a supplier of high quality hair extensions. You will then have to order several of them in different colors so you have product on hand when someone places an order. You will need to pay for the shipping, take the time to go to the post office, and ship off all of your product as orders come in. If this sounds miserable, it is, and for several reasons. First, when you get started with an online business, you don’t want to spend a lot on overhead, but this approach would probably cost you thousands of dollars to start up, and you don’t know if you would even be able to make that up. This problem is compounded when you think: where can I even find a supplier?
Fortunately, the second option is much better, and option many refer to as affiliate marketing. This selling approach essentially requires you to find a hair extension company that is willing to pay you for getting people to buy their product based on your marketing efforts. Essentially, it works like this. You create your own website. You advertise/sell the other company’s hair extensions. The people buy the hair extensions from that other company, and that other company gives you a cut of the profits. Pretty easy, right? Why is this the better method? You don’t have to pay thousands up front, maybe just about 100 to 150 dollars, which is very small to get a website started and to buy affordable training in how to market. You never have to worry about buying or shipping anything yourself, and your overall risk is minimal.
Tools You Will Need
There are a few tools that you will need to make this happen. First, you will need to create a website. Even if you have never had website building experience, you can do so pretty easily and within a few clicks of a button. You will also need to learn marketing techniques for online sales. Lastly, you will need mentors and real people who have build online businesses before who can help you. All of this is available through a program which I highly recommend and am even a member, WealthyAffiliate.com. This site teaches you everything you need to know about starting an online business, from choosing your affiliate hair extension company to getting thousands of interested people to visit your site and make sales.
With all of these tools and the insight you received from this article, you should be ready to take your next step to creating a thriving, online, hair extension business of your own!