Becoming a hair weave and lace wig distributor is a promising business opportunity. Being a hair weave and lace wig distributor means freedom from being tied to an employer and establishing some work-life balance.
As hair loss is hitting more and more young people, more people are demanding hair weaves and lace wigs. This trend is reflected in the expected growth of the hair weave and lace wig industry, projected to hit over $10 billion by 2024, growing at a CAGR of 14.9%โโ.
While many retail shops and salons sell human hair weaves and lace wigs, working as a distributor will place you upstream in the supply chain. It will relieve you of the fierce competition numerous retailers and salon owners face.
This strategic position in the market can lead to more stable and potentially more profitable business operations. In this post, we’ll give you several practical tips on successfully becoming a hair weave and lace wig distributor and making a profit.
Research Hair Weaves and Lace Wigs from a Distributor’s Point of View
First, you must learn and understand the ins and outs of the product you will be dealing with. In your case, the products will be hair weaves and lace wigs.
Remember, any hair weave and lace wig wearer’s primary goal is to look good. Thus, it’s understandable that they don’t want others to be able to tell that they are wearing hair that’s not their own.
Another thing about hair weaves and lace wigs is comfort. The wearers need to feel comfortable wearing them. Is the hairpiece breathable and soft to the scalp? Or is it giving the scalp a hard time?
The hair needs to be good; whatever hair they use must be as durable as possible. If the hair starts shedding after only a week or so, surely the wearer won’t like it much.
These are the points you keep in mind when you give a quality check on the products you get.
Select the Right Supplier
Everyone knows the key to customer satisfaction is your product and service quality. However, besides quality, you should also consider the attributes of your supplier and the type of service they offer you as their client.
1. Go for a Manufacturer as Your Supplier
Aim to find an excellent manufacturer to be your direct supplier. Many distributors with business acumen would look for a quality product manufacturer.
Firstly, it will help you eliminate go-betweens, maximizing your profit margin. Secondly, you can track production to ensure the best quality of your products. If something goes wrong, go directly to the manufacturer.
You must consider investing money to be a successful hair weave and lace wig distributor. And in terms of investment, research is an essential part.
Buy a ticket and fly to the manufacturer’s factory to learn about it. Make sure they exist and can indeed offer you the products they promised they would offer.
2. Look for Those With a Good Name
A reputable and reliable supplier is critical to the success of a hair weave and lace wig distributor. Conduct thorough research on all your potential vendors online or through other channels. Check their history, customer reviews, and business practices.
Go for vendors with quality assurance and a track record of timely deliveries. Watch out for vendors offering deals too good to be true, which could indicate lower-quality products.
3. Quality Checks
Before placing large orders, ask for samples to check the quality. Test the product for shedding, tangling, and response to styling and washing according to the abovementioned criteria. Is it soft? Will the hair and base blend well with the wearer’s hair? After these tests, a good quality hair weave or wig should maintain its texture and strength.
4. Customer Service and Support
For a hair weave and lace wig distributor, a good supplier shouldn’t just be a supplier; it should be an efficient business partner and can help you succeed.
Are they responsive when dealing with you? Can you sense their willingness to provide adequate information and support when asking about the product? Good customer service indicates a vendor’s reliability and commitment to quality.
After carefully considering these factors, you can ensure that the hair weaves and lace wigs you distribute are high quality and that the supplier is good, which is crucial for building a reputable and successful distribution businessโ.
Marketing Your Business
Similar to Dreamcatchers, who engaged in comprehensive market planning following the signing of an agreement with New Times Hair for producing a batch of hairpieces, it is clear that strategic marketing is a critical component in the trajectory of business success.
1. Online Advertising
Effective business promotion is essential for a hair weave and lace wig distributor. Online advertising is viral these days. It helps announce new products and services, including the distribution of hair weave and lace wigs.
Luxy is a hair retail giant who started everything on social media. Their videos have been viewed over 500,000,000 times, with over 90,000,000 likes.
Set up your FB, Youtube, TK, Google Ads, etc. accounts immediately if you are serious about becoming a hair weave and lace wig distributor. You may not be able to see immediate results. But if you do it regularly and persistently, you will see significant growth in your fans and sales.
2. Setup an Official Website
Creating an official website is another crucial strategy. You can only go far into the industry if you have an official website in today’s digital age containing information about your products and services.
As a professional hair weave and lace wig distributor, a well-designed website allows resellers or salon owners to discover and purchase your products efficiently. It features detailed product descriptions and transparent pricing, providing potential customers with all the necessary information to make informed decisions.
Zala Hair is another hair retail and wholesale giant doing business online. They have managed to grow over 8,900,000 fans through their social media accounts and get them tracked back to their official website. Now, they are the No.1 hair distributor.
Plan Well and Track Your Sales Records With Proper Tools
A comprehensive business plan is vital to your hair weave and lace wig distributor goals. Business plans are more than formal documents; they are a roadmap to guide you to success.
Learning to become a hair weave and lace wig distributor is more than explicit knowledge. Your business plan should include detailed milestones and proactive strategies for potential challenges.
There are plenty of tools and applications available that are critical to boosting sales and monitoring business growth. These tools provide invaluable insights into your business’s performance.
Understanding how to utilize these tools to maximize your sales potential effectively is essential. Fortunately, tutorials are available for most applications, which can help you learn how they work.
Regularly tracking your business’s performance is also crucial for financial health. You need to assess whether you are making a profit or incur a debt.
By closely monitoring your financial status, you will be better prepared and respond swiftly in adverse situations. This habit allows you to make informed decisions and adjust your strategies to maintain profitability and keep you a successful hair weave and lace wig distributor.
Why Is New Times Hair a Recommended Manufacturer and Supplier?
Newtimes Hair is a highly recommended manufacturer and supplier for those looking to become a hair weave and lace wig distributor, and here are why:
1. Customer Satisfaction and Quality
Newtimes Hair has received consistent positive customer feedback, highlighting their satisfaction with product quality. This level of quality assurance is crucial for distributors who want to maintain a reputation for providing premium productsโโ.
2. Professionalism and Support
The company is recognized for its professionalism and support to its clients. Newtimes Hair has been praised for providing comprehensive training and guidance, which benefits businesses integrating hair systems into their services.
3. Range of Products
As a leading manufacturer in the industry, Newtimes Hair offers a wide variety of products, including custom-made hair systems, lace front wigs, hairpieces, and more. This diversity allows distributors to serve a broader range of customer needs and preferencesโโ.
4. Business Growth and Expansion
Newtimes Hair’s commitment to quality and customer service has helped distributors and salon owners grow their businesses successfully. There have already been hair weave and lace wig distributors who have reported significant business growth and customer satisfaction due to the high quality and variety of products offered by Newtimes Hairโโ.
5. Reputation in the Industry
Newtimes Hair has established itself as a top hair system manufacturer and wholesaler in the USA. This recognition is a testament to their commitment to quality, customer service, and industry expertise. As a hair weave and lace wig distributor, partnering with a reputable and well-recognized supplier like Newtimes Hair can be beneficial in building trust with your customersโโ.
Conclusion
Now you know how to become a hair weave and lace wig distributor. Begin by defining your product range and identifying your target market, as it will guide your search for manufacturers who meet your specific requirements in terms of quality and pricing.
Once you have secured your products, focus on marketing them to retail shops. Building solid and trustworthy relationships with your clients is crucial. Ensure they feel confident doing business with you; this rapport is critical to a successful network.โ
