Business Idea

Become A Coolsculpting Provider

About

Becoming a Coolsculpting provider requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell coolsculpting, or selling coolsculpting online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to become a Coolsculpting provider ➜

Key stats

market size
$15.2B
revenue (monthly)
$350K
starting costs
$22.7K
gross margin
34%
avg product price
$1500
time to build
9 months
growth
Handwritten notes
business model
Brick & Mortar
time investment
Full time

About

Becoming a Coolsculpting provider requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell coolsculpting, or selling coolsculpting online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to become a Coolsculpting provider ➜

Key stats

market size
$15.2B
revenue (monthly)
$350K
starting costs
$22.7K
gross margin
34%
avg product price
$1500

 

time to build
9 months
growth
Handwritten notes
business model
Brick & Mortar
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs
Equipment & Supply Expenses $566 $6,200
Retail Business Expenses $1,250 $11,650
Inventory Expenses $350 $14,750
Advertising & Marketing Costs $75 $9,636
Software Expenses $0 $425
Website Costs $13 $215
Other Expenses $0 $300
Total Startup Costs $2,254 $43,176

Successful Businesses

Business URL Rank
COOLSCULPTING coolsculpting.com #180,686
Sono Bello sonobello.com #339,928
OrangeTwist orangetwist.com #682,441
Fine Arts Skin & Laser fineartsskinandlaser.com #899,989
Med Spa Las Vegas novuskin.com #971,323
Allergan Aesthetics allerganaesthetics.com #979,791
Blue Medical Spa bluespa.com #1,033,042
SculpSure sculpsure.com #1,094,174
Derma Health Institute dermahealthinstitute.com #1,365,006
drLASER - Coolsculpting, Non-Surgical Face and Skin Care Treatments drlaserla.com #1,476,126
Elase Medical Spas elase.com #1,650,688

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Rewarding work Starting a Coolsculpting provider can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Meaningful business connections You never know who you will meet as a Coolsculpting provider. This could be the start of an incredible business opportunity!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
High margins The gross margins for your Coolsculpting provider are typically around 34%, which is considerably high and allows you to grow your business and manage costs easily.
Cons Description
Crowded Space Competition is high when it comes to your Coolsculpting provider, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Finding The Right Supplier Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Low margins The gross margins for your Coolsculpting provider are typically around 34%, which can make it more challenging to incur new expenses and maintain profitability.
High employee turnover In the Coolsculpting provider, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.
Taxes As a Coolsculpting provider, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

Marketing Ideas

  • 1

    Affiliate Program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

  • 2

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

  • 3

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.