Cosmetics Retailing Opinions expressed by Boss Women Rule contributors are their own.
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No
The cosmetic industry is generating billions of dollars every year throughout the word. Lets face it, women love their makeup. It’s something they wear on a daily basis and it doesn’t look like it’s going to end anytime soon. So why not go into the cosmetic business? It’s guaranteed to be a success from the beginning. Starting a business selling cosmetics is just about as straightforward as a new business venture can get.
There are numerous ways to sell cosmetics and make a profit. However, in the spirit of being unique, we’ll analyze one segment of the cosmetic sales industry that can generate huge profits in several different ways. The business can be set in motion for less than a $5,000 initial startup investment.
How do you get started? It’s pretty easy! All you have to do is find the right person. Locate a manufacturer of cosmetic products who don’t have representation in your community, state or even country. Negotiate an exclusive contract to represent and distribute their cosmetic products in the desired area.
Once the distribution contract has been secured, the cosmetics can be sold to retailers on a wholesale basis. Or you can hire a direct sales team whose main focus is in-home sales of cosmetics. Both approaches have the potential to generate enormous sales and profits. You can sell your products at parties, events, renting a booth in a mall, sky is the limit! So why not look into the opportunity? It’s never too late or too early to start coming up with a business plan!