Where to source hair at favorable prices?

Oct 15, 2019 | Find Hair, Launch Your Web Store, Prepare for the Launch, WholeSale Companies

Where to source hair at favorable prices?

This week Kahagi from Kenya asked me where to source hair at favorable prices. The aim was to purchase the hair at conditions that allows women outside Nairobi to purchase gorgeous hair at a fair price.

What are the retail prices of hair in Kenya?

To answer the question, of where to find suppliers who offer hair at advantageous prices, we first must analyze what the price level is. The challenge with comparing the price of hair extensions or weaves is the quality element. You can compare the price in Ksh, but you do not know the quality. Except you first buy all the hair and test the hair after installment. But this is not really an option.

The various A grades will not help you either, it works to compare the hair of one single supplier, but you cannot compare these grades between different manufactures or suppliers. There is no hair police, so nobody checks if the A grades are a realistic reflection of the hair quality.

Today, I will only analyze the price of the hair based upon the price. Some stores do and some do not share their prices. For the purpose of this post I compared the prices of some products that seemed to be comparable.

Hair Store Names

Be Your Own Boss in Kenya

What does the competition tell you?

I explained it was difficult to compare the hair of all the stores and re-sellers. But this does not indicate you have no figures you can use to estimate the price range for your hair. If you know these prices you will be able to start the calculation of what favorable prices you need.
For Kenya there are a lot of stores that publish the prices of hair, weaves and wigs on their website or Instagram account. I simply visited the sites and made a list of prices for Body Wave, Straight and Kinky, plus some wigs.
This exercise gave me for example the average retail price for body wave 16, 18 and 20 inches:

16 inch, Ksh 9,000;
18 inch, Ksh 9,800;
20 inch, Ksh 10,800;

You can make a nice bundle deal out of this!
These prices come from stores that have a certain reputation already. From a marketing point of view, you could consider offering the hair for a lower price. Next to the price of the competition, you need to take into consideration other points of the service offering. What about the transport, the expenses to store and conditions to maintain a good hygiene around the hair? What kind of after sales do you offer, will you accept returns, or only exchanges.
All these factors you must consider if you set your retail price.

How to calculate your retail price

I have shared several posts with how to calculate your retail price. For example:

How much to markup Donna Bella Tape In extensions?
How to create a profitable pricing strategy for hair extensions

You can use this information to guide you to calculate your selling price.

Human Hair at one third of the retail price

I can offer a bundle of Body Wave for say, one third of the retail price. In other words, you will have nearly 70% to cover expenses, like shipping (say USD 30 for the first 3 kilo and USD 10 for every extra additional kilo) and payment. Add the other operational and marketing expenses and you could have room to or lower the retail price if needed given the market, or you could have a higher profit margin.
If you want to be a middleman and purchase the hair to re sell to other stores or salons. You will have to control you expenses and keep an eye on the market. You will have to share the margin with the reseller. Here you can obtain a higher margin by purchasing the hair at a lower price by buying more kilos.

So, you can source the hair with me, or I can help you to find a reliable source for the hair.
Leave a comment if you are interested in hair for, at least, one third of the retail prices given.

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Start Selling Hair Wholesale the Easy Way

Aug 6, 2019 | Business Ideas, Find Hair, How to Start Selling Hair, I want to start, WholeSale Companies

Home 9 Tag: wholesale supplier ( Page 2 )

How about building a nation wide successful wholesale hair brand? And let others do the selling to retail customers, while you earn more?

More and more women are selling hair to private clients, or small salons. You can benefit from too this by the launch of a wholesale Hair and beauty channel.

In this post I will tell you about:

Hair Extensions Wholesaling

Why would you consider a hair wholesale business

What would be your wholesale hair pricing strategy

How to design your online hair wholesale store

How to get paid for your hair wholesale orders

Stop Dreaming, Start Selling Wholesale!

Hair Extensions Wholesaling

Before a selfie can be made with the install of newly bought Brazilian Kinky Curly, the hair has travelled a long way. It has to travel, all the way from the donor, to the manufacturer. Through hair wholesalers and resellers to the girl who made the selfie.

In every stage the selling price has been increased with the margin for the manufacturer, the wholesaler or the reseller. The hair that was bought cheap from the donor in for example India and will be sold for a much higher price in the online hair store.

In recent years there is a new development of factories that try to skip all the channels between them and the final client to get higher profit margins. But this is still a new evolution and the knowledge of the local market is not easy to get without a wholesaler. With your wholesale store you can however anticipate on this by offering your hair also to private individuals and to resellers. Resellers, like hair salons or stores. If you build a good relation with the hair manufacturer, the two of you can develop a strategy to increase sales volume and profit margins.

Would You Like to Make $ 30.000/month for Only $ 29/month?

Yes

Why would you consider a hair wholesale business?

You can start online a hair wholesale business with much lower investments than a brick and mortar business. With a smooth supply chain, both on the receiving end from the manufacturer and to the re-sellers, you do not have to put your money at risk with a large stock.

You do not like to keep on telling how good your hair is!

Why won’t you let others do the talking about your hair? The main challenge for retail stores is to found out the exact moment when a certain person is ready to buy their hair. To sell hair, the message about the hair has to be told day in day out. Using content marketing (blogging) and traditional marketing (advertisements).

As wholesaler you can enjoy all this marketing effort, because you know exactly who is interested in your hair. You can find hair resellers online or the yellow pages. And all you need to do is to contact them and seduce them with your fine hair and the interesting profit margin they can make.

If you team up with the manufacturer you can share the cost to broadcast the marketing messages. Split these expenses, where the manufacturer can produce some of the material and images. In return you can use your knowledge of the local market. You will understand the language and the culture more better.

The same advantage you can use to collaborate with the hair re-sellers. Take for example a hair salon. They talk hair all day with their clients and understand their needs and challenges. You only need a few salons to start selling quite a volume of hair. You can give the salons a discount because of this advantage.

What would be your wholesale hair pricing strategy

People like to compare before they buy hair, wholesale and retail, and the price is the most important one. Not only for the girl who will do the install, also for the re-sellers. They want to know if the hair will allow the to make enough margin.

Sell hair wholesale at a discount against the retail price, of say 50%. Depending of the local market conditions. This will allow the re-seller or salons to make enough margin for themselves and to be able to offer the hair for a good price to their own clients.

Be careful, if you start your wholesale business you should not give away too much margin right away. Always make sure you make a profit on the hair you sell. Only when you are confident the buyer will place recurrent orders you can consider a higher discount.

Next to the discount, you also should keep an eye on the volume. You are only interesting for the manufacturer if you buy hair at a large quantity over time. Remember, you are not a retail client. To protect you from small retail orders at the highest discount you can communicate the smallest order quantity (MOQ). The client can only buy at a minimum of the MOQ.

How to design your online hair wholesale store?

To protect your clients, the re-sellers and salons, and at the end your own profit margin, you should keep your wholesale prices in a controlled way. You do not want to put your wholesale prices at your website for everybody to see. This will limit your negotiating space, and also influence the expectations of retails clients. If they see your hair at a lower price, they might not be willing to buy the hair at the higher retail price. Even if they will never buy the hair at the wholesale volume.

You can protect the online wholesale store with a password.

If you protect the wholesale store with a password only for wholesale clients, you will be sure only the re-sellers will be able to place an order at the discounted wholesale price.

Not all online stores have this feature, but shops from Shopify do have this possibility. This works best if you only want your resellers to access the store. All you need to do is to activate the Shopify’s password protection feature in the Shopify admin section (under preferences).

But you can even go further. With the Wholesale Club App you break up your retail customers into “tiers”. These tiers are assigned specific discounts off of regular retail prices. It even has a feature to incentive clients to buy more in order to get a larger discount. Now you can focus on the purchase of the best hair, while being sure you sale at the best margins only.

How to get paid for your hair wholesale orders?

As a hair wholesale company you need high volume. But at the same time you do not want to invest all your savings in a large stock of hair extensions. That is too risky and limits your possibility to jump into market opportunities. Your clients can help you to get these high volumes, but sometimes they need some help.

You can help your clients to buy more hair and to keep more stock at their store if you allow them various payment conditions. For example you can allow them to receive the hair and pay 20 days later. This will allow them to finance their own sales and will make your clients more comfortable buying from you.

It is not difficult to keep these outstanding payments in control if you use a Shopify store. Clients can be tagged according to the payment terms agreed upon them.

Alternatives payments like cheque or supported by some online stores, like Shopify. This will allow the re-seller to receive an email with the invoice details and to pay later using the cheque.

In case you prefer to have a 100% automated control of the payment by your resellers, you can use in Shopify an App named Afterpay. This App allows all your clients to pay after they received the hair. You can offer this service to your wholesale clients. The full automated payment collection process takes all the tracking and checking of unpaid invoices out of your hand.

Stop Dreaming, Start Selling Wholesale!

Okay, now you know about the advantages of selling hair wholesale. Higher Margin with less Marketing effort from an ideal position between the factory and the resellers and salons.

Start now or ask me how to make your next step!

Why would you not launch your wholesale business today? Leave a comment to tell me why you feel you can not start or start today!

Start Selling Hair Extensions in Ethiopia

Feb 2, 2018 | Ethiopia

Home 9 Tag: wholesale supplier ( Page 2 )

“5 Reasons Why Ethiopian Women Shouldn’t Wear Weave” was the title of a blogpost that draw my attention last night. There is a growing number of women buying hair extensions in Ethiopia. It seems a many buy the hair extensions on Alibaba. If you love hair and want to make money, time for you to start selling hair extensions in Ethiopia.

First analyze the market needs and opportunities in Ethiopia

You can start selling synthetic hair or try to aim at the high-end market and offer high grade human hair extensions. It is important to define your clients and their spending power. Do not buy expensive human hair in an area with clients who are only able to buy lower priced hair.

A lot of hair brought into Ethiopia comes with people from traveling abroad. This is not a stable source if you have a growing hair business. If you want to start a successful hair business in Ethiopia, you need to set up a reliable supply chain. Find reliable hair suppliers abroad to ensure a constant flow of hair. If your hair business is growing, you can not afford to wait for your uncle to arrive back from the Middle East to bring some hair with him.

Talk with your potential customers

Start to look for people near you who are interested to buy hair extensions. Talk with them about all their needs for the hair extensions they are looking for.

Do ask for the struggle they face when buying hair extensions,
where do they search for the hair and
what is their opinion about the hair extensions other hair stores offer.

Make sure you have the contact details, phonenumber, email or social media, of everybody you spoke to about the hair extensions. They can become your first clients when you are ready to sell extensions.

Check stores that are selling hair extensions in Ethiopia

Now you know where your potential clients buy their hair extensions, it is time for you to pay a visit to some of these stores. This time not as a customer but as a spy!

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There are a couple of online stores you can visit to learn more about your business opportunities in Ethiopia.

Start with Habeni, hair extensions wholesale and retail, located in Addis Ababa Ethiopia. Their about page is awesome because it gives you a good idea about their ambition and why they are selling hair extensions in Addis Ababa.

Habeni has four basic principles:

1. The quality of their hair.
2. Reasonable price.
3. Customer satisfaction.
4. Guarantee.

Habani claims to be the only hair extensions store in Ethiopia that gives guarantee on the hair they are selling.

Get the all-in-one hair business package, complete with hair samples and launch your own hair store now

Their vision is:

Opening eight branches in different regions of Ethiopia within five years.

Opening three branches in East Africa within five years.

You can enjoy from this growth, if you are in Addis Ababa, Gondar or Adama lor your own town. In Addis Ababa you can even imagine having plenty of opportunities to start selling hair extensions.

Find Reliable Hair Suppliers Negotiate a discount for your next order

When you negotiate with the hair extensions suppliers about your trial order, try to get a discount for your first wholesale order. Show them you are serious about selling hair extensions and will only get back if the hair and the conditions are good.

Check if you will have to pay custom duties if you import hair extensions into Ethiopia. This avoids unpleasant surprises if you agreed a price with your clients for the extensions and you must pay a 20 or 30 percent to the government. Especially if you did not include this charge in your selling price.

Do you want to earn your money by selling hair?

Yes!

The Kickoff of your Hair Extensions Business

I recommend organizing a hair extensions party as a kick off. If you are one of the first to organize a hair extensions party in your area, you will get a lot of attention.

You do not need much money to organize the party and people will buy your hair at the party and you can see what they like and what not.

Grow your hair business

If you managed to sell your first wholesale order you can invest in a next but bigger order. If you go step by step you will not risk anything and only benefit from a growing number of people buying and talking about your hair extensions.

Good luck selling hair extensions in Ethiopia.

Lace Closure at special wholesale prices for you

Nov 1, 2017 | Get Help

A lace closure is a not to miss product when selling Hair Extensions.

Read all about the type of lace closures our wholesale suppliers have in stock, ready to sell to your clients.

Lace Closure

A Lace Closure is a hair part, with hair tied to a piece of lace. If your clients want to part their hair in the front, let them invest in a lace closure. This is better than using the more traditional method.
To install a lace, closure the straightest way is to sew or glue it on. In this post we will show you a way to install a lace closure which allow women to wear full sew-ins while still being able to wear a part. If you have the time Lace Closures will make your hairstyle more natural.
All you need in the house are Bobby Pins, Needle and Thread, Concealer and do not forget the lace closure of course.

A concealer by the way, is a type of cosmetic used to mask dark circles, age spots, large pores, and other small blemishes visible on the skin. It is like foundation, but thicker.

1 Lay the Lace Closure over your braids

To start, lay the closure over your braids and line it up with the hairline. This is the best way to see how much of the extra lace you need to cut off. Next use hair clips to pin the lace closure in place before you sew it down.

2 Do not be afraid and start cutting

Next step is to cut off the extra lace, be sure you do not cut too much. Then tease some of your own baby hairs and push them just in front of the lace closure. Then proceed to sew the lace closure to the braids.

Make sure you sew the closure down tight and flat. If it’s loose it won’t look right. Always check and make sure the closure isn’t twisting out of place while you are sewing it down.

3 The finishing touch

Help the closure to blend better, with some finishing touches. Color the lace near your hairline with black eyeliner. Works perfect!

Then apply some of the concealer to the lace in the parting. Bring it down past the lace closure and blend right at your hairline. Last task you need to perform is to use edge control to ‘part’ the baby hairs. This extends the part from the closure to your own hairline.

The lace closure we can offer through our wholesaler is 100% fine selected human hair. Tangle free and no shedding hairs, guaranteed. Over 40 colors are available, such as natural colors, light colors, mixed colors, piano colors and Ombre colors.

With wide range of sizes like 4 by 4’’, .4 by 13’’, 4 by 3.5’’ and so on. You can select the texture of the hair, Deep Wave, Loose Wave, Natural Curly, etc.

Interested in the hair, visit our page for hair wholesale suppliers or use the form below

I want Lace Closures at wholesale conditions

How to start selling hair and make money fast

Dec 11, 2016 | Get Help

How to start selling hair and make money

Christmas time is the time to reach out to each other. I receive a lot of emails from people who do not know how to start selling hair and to make money. I never counted them, but in 5 years that’s a lot of mails. I love to reply to these mails, and to offer my support on the comment or email. Or we talk on Skype to discuss market opportunities, how to be different or how to market the hair.

This morning, after Church, I was thinking how I can help you. If you visit my website and read this post, it’s likely you want to know how to start selling hair and to make money.

The key for success in this business is good quality hair at a price that allows you to make enough margin. In other words to earn a good profit as reward for the effort and risk you take. Because it’s Christmas I want to help you with some of the best hair suppliers.

Hair Wholesale Suppliers in exchange for a wish

I have a VIP service, to help you to get in touch with hair wholesale suppliers. For a small amount you get several wholesale suppliers in your inbox.

Till the 26th of December I am going to introduce you to Hair Wholesale Suppliers for free. All I ask you is to share a wish for the world or a specific group of people under this post.

If we all wish each other the best, the world will be a better place and more people will buy hair to look and feel good. So, we will all benefit!

Where to source hair at favorable prices?

Where to source hair at favorable prices?