Facts and Figures
At The Slay Queen Hair, we offer you the flexibility to look over a vast assortment of hairstyles/textures and you can choose the nation of source (country of origin). Our collections are intended to stay aware of the present styles and patterns. Not at all like most organizations, we refresh our stock quarterly to stay aware of the season and to guarantee that you're continually wearing the best and most recent. Our items are intended to oblige your hair needs, innovativeness, and independence without trading off incredible quality and esteem.
What makes this market so amazing is that you can make so much profit, you can have 70% margins in this industry. Over the past year, I have been able to make Slay Queen Hair a low managing company what I mean by that is you won't ever have to ship the hair, I have a warehouse in NYC that ships hair daily for me. Here at Slay Queen Hair customer service is first priority that means fast shipping times which is what we provide.
How does your business make money?
Why should someone buy this business?
The reason why Slay Queen Hair is a good purchase because you as I stated before its a huge profit company. During the month of September we brought in 100k and the profit for that was 60k which is only in one month. The more you market and keep new images in front of customer the more money you can bring in. Our Instagram account currently has 110k Followers we have a Email Subscribers list of 16k People what I'll also throw in this deal is I will teach how to market on Instagram without running ads but with getting featuring on huge Instagram account which big followings which could turn into a bunch of customers. Which also makes Slay Queen Hair a good purchase is you can be anywhere in the world and still run the company this company doesn't require a lot of time it's basically a money funnel you just run ads and stay relevant and the money will continue you to come in. How I beat my comp is my prices are affordable to all people.
How can the future owner improve this business?
The way the future owner could improve this business is by continuing to run ads, stay relevant and always give the customers some new images and new looks which means photoshoots and videos. I recommend opening up physical locations when you feel comfortable to do so. Don't try to up the price so much because that what separates us from the competition. A huge improvement would be to get a celebrity in the product you need multiple faces that will make the customers buy
- Customer Service
- High Profit Margins
- Large Customer Database
- Positive Customer Reviews
- The Business Is Currently Growing
Opportunities for a new owner
- Capitalise on the Emerging Market
- Introduce Further Revenue Streams
- Improve Customer Service
Key day-to-day operations
- Customer Support / Service
- Launching New Products
- Order Fulfilment
- Content marketing
- Email Marketing
- Facebook Advertising
- Instagram Advertising
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
Im a young entrepreneur I have sold hair for the last 6 years and im a mogul in the hair industry