Business Idea

Become A Professional Hair Consultant

About

Becoming a professional hair consultant requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell hair consultant, or selling hair consultant 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 professional hair consultant ➜

Key stats

market size
$75.3B
revenue (monthly)
$7K
starting costs
$29.1K
gross margin
9%
avg product price
$35
time to build
8 months
growth
SEO
business model
Advertising
time investment
Side project
work from home?
Yes

About

Becoming a professional hair consultant requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell hair consultant, or selling hair consultant 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 professional hair consultant ➜

Key stats

market size
$75.3B
revenue (monthly)
$7K
starting costs
$29.1K
gross margin
9%
avg product price
$35

 

time to build
8 months
growth
SEO
business model
Advertising
time investment
Side project
work from home?
Yes

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $750 $7,000
Employee & Freelancer Expenses $151 $352
Equipment & Supply Expenses $566 $5,700
Website Costs $303 $7,215
Business Formation Fees $5,600 $20,400
Software Expenses $162 $3,094
Advertising & Marketing Costs $75 $5,036
Training & Education Expenses $0 $1,000
Other Expenses $0 $800
Total Startup Costs $7,607 $50,597

Successful Businesses

Business URL Rank
Kérastase kerastase-usa.com #165,996
FHI Heat™ fhiheat.com #393,819
LANZA lanza.com #417,931
Beauty Solutions beautysolutions.com #503,671
Head Kandy headkandypro.com #575,696
Salon Services Pro salonservicespro.com #642,685
Advance Distributors advancedistributors.com #702,142
Hotheads Hair Extensions hotheads.com #1,216,874
Spex Hair Consultation spexhair.com #1,277,866
Matrix Professional Hair Care, Hair Color, Styling and Texture Products matrixprofessional.com #1,610,263
Color Enalysis colorenalysis.com #1,901,884

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.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Meaningful business connections You never know who you will meet as a professional hair consultant. 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.
Pick & choose the clients you work with Professional Hair Consultantes have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!
Control of workload With becoming a professional hair consultant, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.
Cons Description
Low margins The gross margins for your professional hair consultant are typically around 9%, which can make it more challenging to incur new expenses and maintain profitability.
Niche Market A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.
Time commitment With becoming a professional hair consultant, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Difficult to build trust with your customer With becoming a professional hair consultant, there can be minimal face-to-face interaction, which means it can be a lot more difficult to establish trust with your customers. You'll need to go the extra mile with your customer to grab their attention and business.
Impatient customers You may offer an engaging user experience for your customer, but customers expect a lot and may be impatient if they aren't pleased with your product or service.
Be prepared to get out of your comfort zone! Although this is exciting for some entrepreneurs, it can be a big challenge for others! You may find yourself in uncomfortable social and business situations, jumping into tasks and responsibilities you aren't familiar with, and pushing yourself as far as you can go!

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.