How to buy beauty products for your salon
Are you ready to start buying beauty products for your beauty salon? If this is your first time, the transition from wholesale to retail may be daunting. Generally speaking, the salon owner buys a lot more than your simple retail order. This is a promise, especially if you have not used those specific products before, but in the long run, you will eventually save money.
Here’s how to confidently order the beauty products you need:
Prepare your business license and documents: You may not realize that shopping at most wholesalers requires a business license. If your salon is new, you will not be able to place wholesale orders until you have your business license and tax identification number ready. Since you need to do this anyway, please deal with it as soon as possible. Then you can store the products your customers want to use and buy in your salon.
Look for suppliers who sell the products you need: Next, you need to find a wholesale supplier who provides the products you need. This can be an overwhelming and time-consuming process, especially since most suppliers have different delivery time frames and minimum order sizes. They may also have price differences, which may be the difference between profitability and just balance of payments. Many salon owners struggled in this aspect of business, and finally spent a lot of time on trial and error. Our best advice is to get recommendations from others in the same industry. They will tell you their experiences in different companies. You can also go to the Business Improvement Bureau, or better still, to visit trade fairs so that you can see all the products in person.
Know how big an order to place: Finally, you need to know how big an order to place. Not only is it difficult to know the sales of products, but beauty products usually have a shelf life. You don’t want to be trapped by a large number of expired products, but you also don’t want to run out of goods within a week of opening. In addition, when you wholesale, the more you buy, the greater the discount. We suggest starting from the minimum order quantity. Once you have a better understanding of the product’s performance, increase the order quantity. It is also a smart idea to ask for samples before you decide to buy products that you have never tried before – if that means they are more likely to receive more orders in the future, most suppliers are willing to help.
Keeping these suggestions in mind will ensure that you get the right product at the right price.