How profitable is cosmetic business in Kenya?

How profitable is cosmetic business in Kenya?

The profit margin is 40% on average. So per month we can talk about Ksh50,000 net profit. If you have a small stall in a good location then the sales can go to as high as Ksh15,000 per day but with a profit margin of 25% due to the high cost of running the business.

What should I stock in a cosmetic shop in Kenya?

Develop a cosmetics business plan

  • Makeup products such as eye shadow,mascara,foundation ,lipstick.
  • Hair care Products such as Shampoo ,Hair oils,Hair relaxer,Hair treatment.
  • Skincare Products e.g. soaps, creams and perfumes.
  • Personal care items like body lotions, bath oils.
  • Hair products like wigs,weaves and braids.

Is there Sephora in Kenya?

SEPHORA in Kenya through Simply Epic . Get all your perfumes, make up, skincare and all things beauty right here.

How do I start a small cosmetic business?

Cosmetics business has many new and established competitors in any given market….Here Are Top 10 Tips For Starting Your Own Cosmetics Business

  1. Know The FDA’s Regulations.
  2. Decide On The Location.
  3. Choose A Niche.
  4. Sell Your Products Online.
  5. Generate Publicity.
  6. Develop A Marketing Plan.
  7. Get A Memorable Logo.
  8. Generate Funds.

Which cosmetic products are most profitable?

Within the cosmetics category in the U.S., eye cosmetics was the most profitable segment. In 2020, about 1.96 billion U.S. dollars were generated from sales of eye cosmetics in the U.S. Facial cosmetics was the second most profitable segment, with sales revenue of 1.9 billion U.S. dollars.

What are the products in cosmetics?

Cosmetics, Facial, Hair Care & Beauty Products

  • Hair Care Products. Hair Shampoo. (19029)
  • Hair Oil. Herbal Hair Oil. (9403)
  • Skin Creams. Beauty Cream. (6748)
  • Skin Care Cosmetics. Skin Serum. (1432)
  • Face Cream. Fairness Cream. (8885)
  • Beauty Cosmetics. Cosmetics. (14615)
  • Hair Care Cosmetics. Hair Lotion.
  • Body Care Products. Body Lotions.

Is MAC Cosmetics a franchise?

Many MAC Cosmetics stores are franchises. They have over a thousand franchised shops apart from their own independent stores.

Is cosmetic business profitable?

In India, the cosmetic store business is very successful as it will give you a high-profit margin. As everyone uses cosmetics so this business will never go out of trend. The demand for cosmetic products is increasing from different sections of the population.

Where can I buy Maybelline products in Kenya?

Shopit is one of the leading authorized Maybelline dealers in Nairobi, Kenya. Our store works closely with Maybelline distributors to ensure we avail the best prices for Maybelline products.

How do I start a beauty product?

Here Are Top 10 Tips For Starting Your Own Cosmetics Business

  1. Know The FDA’s Regulations.
  2. Decide On The Location.
  3. Choose A Niche.
  4. Sell Your Products Online.
  5. Generate Publicity.
  6. Develop A Marketing Plan.
  7. Get A Memorable Logo.
  8. Generate Funds.