Beauty businesses are booming. In 2017, global sales reached $1 trillion, according to Euromonitor International. The cosmetic industry has become a multibillion-dollar industry thanks to social media platforms such as Facebook and Instagram. And there seems to be little anyone can do to hinder its growth.
These industries offer consumers a wide range of options, from makeup to skincare. If you’re thinking of starting a beauty business but don’t know where to start, you’ve come to the right place. From being a business with a wide beauty supply wholesale catalog to a beauty blogger, the options are endless.
In this article, we’ll list down the top beauty and cosmetics business ideas you have to consider before taking the leap.
Beauty and cosmetic business ideas you HAVE to consider
1) Wholesale beauty product supplier
With such a huge demand for beauty products, people will need to get them from somewhere, right?
That’s where wholesale beauty vendors like beautysourcing.com come in. They have a huge beauty supply store catalog that provides their site visitors with an incredible repertoire of beauty products. These include your direct-to-consumer makeup products and B2B products such as cosmetics mixing machines.
2) Personalized beauty products
It’s not a secret that many people have skin problems that require specialized care. From acne to dermatitis, many people suffer from various skin conditions.
But what if they could be treated before their condition develops?
Well, personalized beauty products allow them to do just that. Many companies already produce these kinds of products, but they don’t charge much money. So, once again, the market is ripe for new players who want to enter it.
3) Makeup tutorials
YouTube channels provide an amazing opportunity to make money through videos. And one of the top-performing niches is makeup tutorials.
People LOVE watching makeup tutorials. Just do a quick search to see how many views the likes of Nikkie Tutorials, James Charles, and Brettman Rock have accumulated over the years. Billions.
And if you can become a well-known makeup artist, you can earn a lot of money if you put in consistent work. However, starting a YouTube channel requires a camera, editing software, a computer, a laptop, and lots of patience.
4) Cosmetics packaging design
Cosmetic product packaging is very important since it creates the first impression.
Good packaging makes the customer trust the product. It gives the client a good idea about the quality of the product. It should be attractive.
But designing a good package isn’t easy. Designers need to take care of different aspects, such as the box’s size, shape, material, color, and texture. Packaging designs for cosmetics range from simple boxes to ones with unique patterns.
5) Home spa services
Some consumers enjoy relaxing at home and treating themselves with massages, facials, manicures, pedicures, aromatherapy, and waxing. Other people hire professional massage therapists, estheticians, facialists, and barbers.
Starting your own salon is a great way to work at home and offer high-quality services to clients. This beauty business idea also works well because you only need a small investment.
6) Beauty consulting
Are you passionate about making people feel better about themselves?
Then you might be interested in becoming a beauty consultant one day. As a beautician, you will consult other people and teach them what products they need in order to improve their appearance. You can set your prices depending on your expertise.
7) Online courses
If you have always wanted to learn something new, then you should consider offering online beauty classes.
With these classes, students will have access to video lessons, texts, quizzes, projects, and tests. Students can complete the course within their free time and when they have time. They don’t have to attend class physically, either.
This is a really good beauty business idea if you’ve already established yourself as a beauty YouTuber, vlogger, or consultant who has made a name for yourself. You can ride on your reputation to expand into several different types of beauty businesses.
So, which of these beauty and cosmetic business ideas will you try out?
And there you have it. Here is the list of the top 7 beauty and cosmetic business ideas you HAVE to consider. There’s such a diverse range of business ideas for those who want to start out in the beauty industry, isn’t there?
Whether you want to be a beauty products wholesaler with a huge catalog, an online beauty coach, or even a beauty vlogger, there’s something out there for everyone. So go try out some of these ideas today!