The beauty industry is a large, multi-faceted one and the sheer scope can leave you overwhelmed. I mean a very busy environment where people and vehicles move every time. This article will open your eyes to this exciting and lucrative business opportunity and how you can make money from it. 90% of the population use the internet, so you should definitely get your shop online. 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. The first step to becoming a successful beauty entrepreneur involves working on yourself. It should be a very detailed plan, even if you start a small scale business. 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. 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. One can find these distributors in such places as: READ ALSO: Small scale business in Nigeria with little capital. The registration of the business is necessary for you to work within the law. Register your business. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Save my name, email, and website in this browser for the next time I comment. The cosmetics business is not as stressful as most people see it. Best Guide to Start a Makeup Artist Business in Nigeria and Become Start in few Months. 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. Launch your business. 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. Always remember, advertising your products and services goes a long way in making your business flourish. You should rent a shop if you can’t afford to build one in a strategic location where you can be easily accessible. If you look, feel and smell good, you will be much appreciated by the people you come across every day and vice-versa. October 30, 2018. google_ad_client = "ca-pub-9755093768544960"; Looking good and feeling good is a serious business. Clinique, Mary Kay, Black Opal, and many other recognized brands internationally. Related Post: 20 Business Ideas you can Turn into Side Hustle in Nigeria. The best is to start small and gradually increase your business into the empire you want. Read More: How to Start Weavon Selling Business in Nigeria. If you are able to get locations in a busy shopping complex very close to the general market, or close to corporate offices. google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. 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. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. 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. Most of these local producers will bring their products to your door step once they know you. Actually, it is not so hard to start, so read on to know all the details. The cosmetics industry is developing at high speed, and your business plan should consider this fact. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. How to start boutique business in Nigeria? Cosmetic business is a Profitable business if well managed. In this article, we've put together some tips on how you can start a successful cosmetics business 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! Starting a Cosmetics business in Lagos-cost & profit. 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_width = 300; Also, note that the competition in this area of business is so great yet it is fast moving and very profitable. 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. The author may or may not have a financial interest in any company or advertiser referenced. we respect your privacy and take protecting it seriously. If you have decided to start your makeup channel, now is the right time to begin. 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You can also start cosmetics distribution business on your own and became the distributor. Some examples of cosmetic businesses that followed this line include Make-Up Forever, M.A.C. Makeup products help people to be more beautiful, and skin care products allow to maintain the health and freshness of the skin. The customers trust more to registered legal entities. ACCOUNT NUMBER: 3066880122. The main steps to start a cosmetic business in Nigeria Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. 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. I must share this link with my female friends. Wow… This is all encompassing, having every details necessary to startup a cosmetic business. Our aim is to provide daily living guide for Nigerians and her friends. It is actually interesting. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. How To Start A Makeup Artist Studio Cosmetic Business In Nigeria. BREAKING: Plane carrying 62 passengers feared crashed, man with wife and 3 child... 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You can’t just jump into such business without proper knowledge about the beauty industry. There are local producers too and they include Ozone, Topklass, Metasoul, Universal Basic, and so many others. Never stop learning - is a great principle. 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. This includes different types of hair cream, hair gloss, hairspray, relaxers, various types of hair treatment and so many others. 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. It is as important as food. An effective option for starting your own cosmetics business is to sell the … They include toilet papers, bathing soap, sanitary towel and so many more. Your startup capital should cover all the costs including renting, furnishing and acquiring of the products. Your email address will not be published. There are dozens of attainable cosmetics business concepts, from reselling make-up to making your individual merchandise. Here is the step-by-step plan on how to start such an enterprise in our country. These are fastest growing beauty products manufacturers in Nigeria. This is a good choice because the number of products in this group is huge. 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. Why start a makeup business in Nigeria? In Nigeria, makeup business is common among female entrepreneurs; over the last five years. 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. Related: How to become a fashion model in Nigeria. 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. 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. 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. The entire global beauty industry, to which makeup business belongs, is worth $532 billion . Cosmetics basically comprises personal care products which include toothpaste, bathing soap, and some deodorants. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. 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. How would i start with. one of my African friend told me that i need to get ready of 200,000naira to register the company under trade center. If you are starting on a small-scale, never mind you can still get your goods from the list of distributors or the markets mentioned above. Follow these steps and you will start your cosmetics business in the most successful way. What are the consequences of copyright infringement? This sample Cosmetics Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. 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 Every business can easily fall without a proper business plan. COSMETICS BUSINESS PLAN IN NIGERIA. The content on the InfoGuide Nigeria is provided as general information only. Nothing should hinder you from starting a makeup business so far you have the passion for it. 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. In this article, I will show you how to start cosmetics business 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. Hire professional designer to create a stylish interior, business cards, showcase, and all other stuff. The list of body care products is long, so you can choose the most demanded products to start a cosmetics business. Their product comes in the form of attachments, wigs, and weave on. The main steps to start a cosmetic business in Nigeria . This is one of the reasons why you have got to look at starting a business in Nigeria. Pay attention to how they attract and work with 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. You can do it in the corporate affairs commission of Nigeria (CAC). google_ad_slot = "8444795376"; 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. Miracle, Organic. Pay attention to such costs while planning startup capital: It is advisable to team up with cosmetics distributors to maximize profits. 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. Do i need to register my business in Nigeria, as i will taking my goods from China. The location is extremely important. How you advertise your product matters a lot, advertising is very important. I am Malaysian, I would like to open a cosmetic shop in Nigeria. To start a makeup business in Nigeria, it is not as difficult as some writers would make us to believe. Starting a cosmetics business in Nigeria is lucrative and exciting. one of my African friend told me that i need to get ready of 200,000naira to … It all depends on the amount of capital you have with you. The team comprises professionals and Consultants from different fields of human endeavour. Start with a creating of a website, it should be user-friendly, simple and available at any device. Read more… Terms of Use. 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. The business of cosmetics does not require much capital for the startup. On that note, it can be seen that running a cosmetic business is a good idea. When you’ve defined your business objectives, the next step is to identify your niche and by extension, your target market. This is the second best selling cosmetic product now, especially among women. The next hurdle to scale after mapping out your business plan is to get your … In the market today, there are many makes and brands of body creams and lotions and they all come expensive. 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. 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. Below are some of the companies which produce some of the fast-selling products in the market. Please guide me. This aspect deals with those daily necessities which help our daily and personal hygiene. READ ALSO: Cashew nut processing business plan. This is a significantly important point. Of course, it is undoubted that the figures can only continue to … Now is the time to launch that YouTube channel, Instagram page, and Twitter handle. 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. How To Start Makeup Business in Nigeria 1. The startup capital should cover basic costs. Do i need to register my business in Nigeria, as i will taking my goods from China. Small-scale business idea: VTU in Nigeria, Promote your fish farm with this business plan. You can find more about this company by visiting them. 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. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. Cosmetics basically comprises personal care products which include toothpaste, bathing soap, and some deodorants. Cosmetics is now obviously helping our personal hygiene, its use has become very important in our daily appearances. Pay attention to such factors: READ ALSO: How to write a business plan in Nigeria. i want to open a cosmetic shop,in my university in osun state, where i can sell creams, perfume, ladies attachments, an others. They are Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, and, Dr. You can decide to start on any scale you want. In this article, you will find a detailed guide cosmetics business in Nigeria. Do you want to start a business in Nigeria with low capital? Required fields are marked *. 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. 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. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. 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 … and others. 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. 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. This is another important point, the customers should feel the atmosphere of beauty in your shop. Every business has its own requirements, pros and cons and makeup artist business … You need to settle one particular product group, make sure that the products of this group have a good demand. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. 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. 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. These are the number one fast selling cosmetic product. 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 Getting your mindset sorted… Always make yourself visible. 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. How to Start Cosmetics Business In Nigeria. 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. 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. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. Looking good and feeling good is a serious business. All you need is a strategic location for your business, then all you have to do is go ahead and sell your products. google_ad_width = 300; 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. 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. 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. These companies are involved in the production of relaxers, hair creams and different types of hair treatments and they are internationally recognized. As a matter of fact, as an individual you can start makeup business anywhere you find yourself in the country. In short, a proper commercial location is the best place to set up this business. Cosmetics Business Plan in Nigeria. 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. You can visit their websites to know more about them. It is a good idea to find a successful owners of such kind of business and get familiar with them, try to study their strategies, sales tactics and marketing. Use email marketing and social media platforms such as Facebook and Instagram to declare and promote your brand. Subscribe to a lot of good Nigerian makeup artists who have thriving businesses on YouTube. 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. Your profit depends on how much you invest and how often you turn-over the cash. We 've put together some tips on how much one is needed to,... They are Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, some... Of fact, as an individual you can start a cosmetic business is common among female ;. These steps and you will be much appreciated by the company at a cost follow. Is huge makeup channel, Instagram page, and other stuff Profitable business if well managed products. Come expensive make-up to making your business small, how to start a cosmetic business in nigeria jump into the empire you want to their! Furnishing and acquiring of the population use the internet, so you can how to start a cosmetic business in nigeria a whole lot money! 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