Are you dreaming of becoming the next MAC Cosmetics, Avon or Clinique?
With online beauty businesses growing at such a fastpace, creating your very own line of beauty products has motivated many entrepreneurs looking to become the next cosmetic giant. An exciting industry where you can be as creative as you want to be, and potentially earn a great living too.
You may stop and ask yourself. Where do I start?
All you need to start is an idea and a passion… and a little creativity doesn’t hurt either – and who knows, maybe one day your cosmetic line will be featured in such magazines as InStyle or Lucky!
Pursuing your dream as a cosmetics maker will take a lot of research to help make your dreams come true. But well worth the effort as this will help guide you and build a solid business plan.
Starting your own unique cosmetics business from home is probably one of the easiest ways to becoming a part of this multi-billion dollar growing industry…. over 7 billion actually. New cosmetic lines are opening up shop everyday, and with the internet reach, many are cashing in on their creativity and passion.
Even though only a handful grow into big corporations, most cosmetics businesses earn a pretty decent living, and a fulfilling lifestyle.
There are many cosmetics out there ranging from handmade beauty soaps, oils and lotions to specialized skin care lotions as well as lip balms and lipsticks. However, if you’re like many entrepreneurs, you’re probably interested in making and selling profitable, low-cost items with high turnarounds.
Below are several everyday items with very good selling history to consider:
* Body Fragrances
* Lip Balms
* Lip Glosses
* Beauty Soaps
If you’re thinking that creating your cosmetics line will require some complex lab work, think again. You can certainly make simple cosmetics right at home in your own kitchen. People have been doing it for years. There are some guidelines to follow though when selling to others, and I’ve taken the liberty to add some of those helpful resources at the end of this post.
While most big companies outsource the manufacturing of their line to other businesses, many got their start just as you are doing now. Small, and in the kitchen. Focus on getting your business set from the line you’ll carry, price points, packaging and costs to operate it. You’ll need stock and supplies. Settle in and get a feel for it.
Now, before pitching your cosmetic line to upscale retail stores, you can easily start selling your wonderful products through:
* Online venues like Etsy, Artfire and Silkfair
* Consignment shops
* Mall kiosks
* Home events with friends/family
* Rent tiny booths at a neighborhood outdoor/indoor event
You can live out your cosmetic business dreams regardless of your experience level or educational background, which is the beauty of this industry. You can do it part-time or full-time, at home or in a rented space. don’t rush it, and never bite off more than you can chew.
For those with that creative and entrepreneurial spirit, creating your own cosmetic line is most likely a perfect fit for you. There is little investment involved, and plenty of resources abound.
Selling cosmetics online (or any product for that matter) can be very consuming of your time. In this buying industry, made up mostly of women who want to form a personal relationship with your first because for them wearing cosmetics is a personal issue and they must trust the company before making a purchase from you. This isn’t like buying a sweater.
When you’ve been in business for at least a year, and you’re looking to increase your business revenue. You can start by offering more selections (anti-aging, serum, foundation, etc.) – You can also cater to special niche markets (anti-stretch mark lotions, mens cosmetic line, ethnic niches, mothers-to-be,etc.)
A big myth out there about starting your own cosmetics line is…starting a cosmetics line takes a lot of capital. Well, in many cases, this just isn’t true. Only a few hundred dollars for supplies and materials is needed to get started.
With a clever twist, you can easily upgrade an existing product into a “new and improved” one. For example, a popular lip enhancing product is basically lip gloss filled with ginger extract to increase blood circulation in lips.
Now it’s a big hit and has made its creators millionaires.
If your dream is to start your own line of cosmetic products – I say go for it!
Here are the helpful resource pages I mentioned to get you started on starting your own cosmetic line:
U.S. Food and Drug Administration has a great number of resources pages, tips and information to help you start your beauty line business.
Cosmetic Labeling & Label Claims
– Guidance, Compliance & Regulatory Information
– Cosmetics Manufacturers, Packagers & Distributors
-Product and Ingredient Safety
-FDA Authority Over Cosmetics
-Is It a Cosmetic, a Drug, or Both? (Or Is It Soap?)
Who knows, you may just give the big corporations a run for their money one day.