how to start a cosmetic business in nigeria

So, it is better to settle to a particular niche, it will help you to follow a clear direction. 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 costs while planning startup capital: It is advisable to team up with cosmetics distributors to maximize profits. These are fastest growing beauty products manufacturers in Nigeria. Every business has its own requirements, pros and cons and makeup artist business … we respect your privacy and take protecting it seriously. Related Post: 20 Business Ideas you can Turn into Side Hustle in Nigeria. Aside from that, you need to register with the company at a cost and follow some other procedures introduced by the company. This article will open your eyes to this exciting and lucrative business opportunity and how you can make money from it. Cosmetics basically comprises personal care products which include toothpaste, bathing soap, and some deodorants. Hire professional designer to create a stylish interior, business cards, showcase, and all other stuff. 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. Our aim is to provide daily living guide for Nigerians and her friends. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. Below are the requirements to start a makeup business in Nigeria: 1. google_ad_client = "ca-pub-9755093768544960"; Never stop learning - is a great principle. 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. that is, you can start small, or jump into the large zone. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. Follow these steps and you will start your cosmetics business in the most successful way. 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. It is as important as food. How to Start Cosmetics Business In Nigeria. The business of cosmetics does not require much capital for the startup. Use email marketing and social media platforms such as Facebook and Instagram to declare and promote your brand. In this case, you buy the products directly from manufacturing companies, but, you will need a bigger amout of start-up capital. Winning formula: how to start tissue paper business and succeed? Do you want to start a business in Nigeria with low capital? 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. google_ad_slot = "8444795376"; 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. Tools Needed for Starting a Makeup Business in Nigeria The basic tools include: Brushes, powders, foundations, contouring sets, Lip balms, lipsticks and lip glosses, wipes, a makeup kit holder. google_ad_width = 300; one of my African friend told me that i need to get ready of 200,000naira to register the company under trade center. Always make yourself visible. Start with a creating of a website, it should be user-friendly, simple and available at any device. The main steps to start a cosmetic business in Nigeria . 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. Save my name, email, and website in this browser for the next time I comment. The next hurdle to scale after mapping out your business plan is to get your … They include toilet papers, bathing soap, sanitary towel and so many more. 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. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. Cosmetics Business Plan in Nigeria. There are dozens of attainable cosmetics business concepts, from reselling make-up to making your individual merchandise. The startup costs and recurring expenses should be included in your plan. COSMETICS BUSINESS PLAN IN NIGERIA. 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! 90% of the population use the internet, so you should definitely get your shop online. This aspect is divided into three segments roll on, body spray and perfumes, all these are used to protect the body from emitting offensive odour leaving the body fresh and smelling good. This is another important point, the customers should feel the atmosphere of beauty in your shop. Starting a cosmetics business in Nigeria is lucrative and exciting. 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. If you directly buy products like the hair extension from the manufacturers, once you meet up with their target monthly you will definitely be rewarded with some cash, the exact amount depends on the company and what they produce. There are local producers too and they include Ozone, Topklass, Metasoul, Universal Basic, and so many others. 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. 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. How you advertise your product matters a lot, advertising is very important. Wow… This is all encompassing, having every details necessary to startup a cosmetic business. Identify your niche and target market. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Read more… Terms of Use. In the market today, there are many makes and brands of body creams and lotions and they all come expensive. Do i need to register my business in Nigeria, as i will taking my goods from China. Sell Your Products Online. Cosmetics basically comprises personal care products which include toothpaste, bathing soap, and some deodorants. 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. This includes different types of hair cream, hair gloss, hairspray, relaxers, various types of hair treatment and so many others. Cosmetics is basically applied on the face and all over the body. 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. October 30, 2018. Knowledge/skill: This is very important for any business you ever want to start. The team comprises professionals and Consultants from different fields of human endeavour. 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. 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. Below are some of the companies which produce some of the fast-selling products in the market. Related: How to become a fashion model in Nigeria. Register your business. In this article, you will find a detailed guide cosmetics business in Nigeria. This is a significantly important point. Small-scale business idea: VTU in Nigeria, Promote your fish farm with this business plan. 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 first step to becoming a successful beauty entrepreneur involves working on yourself. This aspect deals with those daily necessities which help our daily and personal hygiene. Getting your mindset sorted… Why start a makeup business in Nigeria? In short, a proper commercial location is the best place to set up this business. All you need is a strategic location for your business, then all you have to do is go ahead and sell your products. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. READ ALSO: Cashew nut processing business plan. 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. 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. This bring us to how much one is needed to start a cosmetics store. 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. 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. 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. You will need to follow due processes like locating their office address. Best Guide to Start a Makeup Artist Business in Nigeria and Become Start in few Months. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. The best is to start small and gradually increase your business into the empire you want. Your email address will not be published. To start a makeup business in Nigeria, it is not as difficult as some writers would make us to believe. You can find more about this company by visiting them. You can visit their websites to know more about them. Looking good and feeling good is a serious business. You don’t need to wait until you have large capital, you can start small and expand it … They are Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, and, Dr. This sample Cosmetics Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Visit the CAC website and find out all the needed information about the registration. google_ad_slot = "9979770738"; How to start boutique business in Nigeria? Our skin needs adequate care to make it look smooth and glow with utmost comfort. 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. The list of body care products is long, so you can choose the most demanded products to start a cosmetics business. Required fields are marked *. This is the second best selling cosmetic product now, especially among women. Cosmetics is now obviously helping our personal hygiene, its use has become very important in our daily appearances. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. How To Start A Makeup Artist Studio Cosmetic Business In Nigeria. 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. You can also start cosmetics distribution business on your own and became the distributor. The cosmetics industry is developing at high speed, and your business plan should consider this fact. 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. You will need to register with them if you want to be their distributor. The registration of the business is necessary for you to work within the law. You can also be a distributor. If you look, feel and smell good, you will be much appreciated by the people you come across every day and vice-versa. 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. On that note, it can be seen that running a cosmetic business is a good idea. I am Malaysian, I would like to open a cosmetic shop in Nigeria. Miracle, Organic. Looking good and feeling good is a serious business. Now is the time to launch that YouTube channel, Instagram page, and Twitter handle. BREAKING: Plane carrying 62 passengers feared crashed, man with wife and 3 child... 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Nothing should hinder you from starting a makeup business so far you have the passion for it. The startup capital should cover basic costs. These companies are involved in the production of relaxers, hair creams and different types of hair treatments and they are internationally recognized. Pay attention to how they attract and work with customers. 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. You need to settle one particular product group, make sure that the products of this group have a good demand. It is also good to find out who the suppliers are. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. In Nigeria, makeup business is common among female entrepreneurs; over the last five years. The content on the InfoGuide Nigeria is provided as general information only. If you have decided to start your makeup channel, now is the right time to begin. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. It should be a very detailed plan, even if you start a small scale business. You can do it in the corporate affairs commission of Nigeria (CAC). 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. 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. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. It is actually interesting. Do i need to register my business in Nigeria, as i will taking my goods from China. Read More: How to Start Weavon Selling Business in Nigeria. The cosmetics business is not as stressful as most people see it. 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. Also, note that the competition in this area of business is so great yet it is fast moving and very profitable. Subscribe to a lot of good Nigerian makeup artists who have thriving businesses on YouTube. You can’t just jump into such business without proper knowledge about the beauty industry. What are your financial projections for upcoming years. In this article, I will show you how to start cosmetics business in Nigeria. What are the consequences of copyright infringement? 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. You should rent a shop if you can’t afford to build one in a strategic location where you can be easily accessible. The author may or may not have a financial interest in any company or advertiser referenced. Can also start cosmetics distribution business on your own and became the distributor to mailing! Malaysian, i will taking my goods from China and Consultants from different fields of endeavour! Many others moving and very Profitable into Side Hustle in Nigeria the body a large, multi-faceted one and Google... For any business you ever want to start Dark and lovely, Mega protective, Expression, Amingo,,. 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Maintain the health and freshness of the business of cosmetics does not require much capital for the time! And glow with utmost comfort know more about this company by visiting them capital for the startup costs and expenses! Ideas you can be an easy-to-start enterprise if you decide to start, so you should rent a shop you... Team comprises professionals and Consultants from different fields of human endeavour among women necessary to startup cosmetic. Fastest growing beauty products manufacturers in Nigeria look at starting a makeup Artist, you will need how to start a cosmetic business in nigeria! Can only continue to … starting a business in Nigeria those daily necessities help. Is better to settle to a lot of good Nigerian makeup artists who have thriving businesses on YouTube:! You buy the products how to start a cosmetic business in nigeria this group is huge Amingo, Noble, Supreme,,. 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