Are you ready to start buying beauty products for your salon? If this is your first time, the transition from wholesale to retail can be daunting. Generally, salon owners buy more products than your simple retail order. It's a commitment, especially if you haven't used these particular products before, but you'll end up saving money in the long run.
Here's how to order the beauty products you need with confidence.
Have your business license and paperwork ready. You may not realize that you need a business license to shop at most wholesalers. If your salon is new, you cannot place wholesale orders until you have your business license and tax number ready. Since you need to do this anyway, please do it as soon as possible. Then you can stock your beauty shop with products that your customers want to use and buy.
Find vendors that sell the products you need. Next, you need to find a wholesale supplier to provide the products you need. This can be a confusing and time-consuming process, not least because most suppliers have different delivery schedules and minimum order sizes. They may also have price differences, which may be the difference between profitability and a just balance of payments. Many salon owners struggle in the industry and end up spending a lot of time trial and error. Our best advice is to get referrals from others in the same industry. They will tell you about their experiences at different companies. You can also go to the Better Business Bureau, or better yet, visit trade shows so you can see all the products in person.
You need to know how big the order is. Finally, you need to know how big your order is. Not only is it hard to know how many products have been sold, but beauty products often have an expiration date. You don't want to be stuck with a lot of expired products, but you don't want to be out of stock within a week of opening. Also, when you buy wholesale, the more you buy, the bigger the discount. We suggest starting with the minimum quantity. Increase your order once you have a better idea of the product's performance. It's also a wise idea to ask for samples before you decide to buy something you've never tried before - most suppliers are willing to help if it means they're more likely to get more orders in the future.
Keeping these tips in mind will ensure you get the right product at the right price.