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Beauty business introduction
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The Sugar Wax Salon Marketing Plan
Company Overview
Sugar Wax Salon is an eco-friendly sugar hair removal and skin treatment salon, located in Baltimore, MD. Founded in 2016, the salon provides hypoallergenic and biodegradable beauty services and products to protect our clients and the environment.
Sugar Wax Salon offers full facial and body hair removal services that are based on the Middle Eastern practice of sugaring. This specialty service involves the use of sugar, lemon, and water to create a natural wax that permanently removes body hair. The process is natural, hypoallergenic and biodegradable. It is also chemical free, which reduces irritation and ingrown hairs. Highly-skilled technicians provide the facial services. The company produces
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This type of client would also be interested in beauty, fashion, and natural products. Sugar Wax Salon promises to serve all clients in a private, relaxing atmosphere that is safe and sanitary. The desire to be known for excellent service, hygienic procedures, organic products, and affordable prices.
Market Overview
Categorically, anything that helps people look the way they want is considered to be part of the beauty industry, including hair removal and skincare products. The beauty industry is a diverse industry that offers an overwhelming number of options to consumers. One of those options is waxing services which is why Sugar Wax Salon exists.
Within the beauty industry, the two types of companies are producers and service providers. Producers use target markets, prices and manufacturing processes to differentiate themselves. Service providers use target markets, prices, location, products, and services to differentiate themselves.
In 2015, the beauty industry generated $56.2 billion in the United States. Also, it is expected to grow larger according to Franchise Help Holdings. The personal waxing segment of the industry earned $11 billion in sales with an average annual growth of 7.6% according to Inc.com.
SWOT
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• Host an open house/customer appreciation event with music, food, product giveaways, and demonstrations.
• Meet with local media to introduce them to the product line and share information about the natural method of hair removal.
• Establish a relationship with partnering organization with similar business philosophies and client base we would like to collaborate with for programs, events or services.
Key Take Outs
The beauty industry has great opportunities for companies wanting to profit from the growth and resiliency of the sector. Finding the right niche is important for becoming visible in the industry. Communicating the unique selling point to the target group will distinguish the company from the competition so it can survive. Also, product sales are needed to earn revenue beyond the service income. The success of Sugar Wax Salon will rely on its ability to offer a beneficial service, create the right products, and promote them to the right people at the right price.
Yeomans, M. (2012, November 7). Global beauty market to reach $265 billion in 2017 due to an increase in GDP. CosmeticsDesign.com USA. Retrieved July 1, 2014, from http://www.cosmeticsdesign.com/Market-Trends/Global-beauty-market-to-reach-265-billion-in-2017-due-to-an-increase-in-GDP
In the recent past year or two, a woman’s natural hair has become a big thing. Before, African American women, to be specific, were so disgusted by their hair. They would do anything in their power to change the “nappy” aspect of their hair to “beautiful”. They would use relaxers very so often and hot combs.
Being an Esthetician is an incredibly fulfilling job that involves helping people, with endless opportunities, education and an immense amount of different career paths to take. Being an esthetician means you have the power to help make a difference in people’s lives every day, by teaching people how to protect and take care of their skin; the largest organ of the body. Esthetics is a career that involves taking care of the health and well being of the skin, by studying ingredients, product development and chemistry to figure out how clients can best protect and preserve their skin without being taken advantage of by the mass amounts of fake products out there. Estheticians also perform different skincare treatments, waxing services along with
This job is said to be “a job that provides a helpful service which that means that it cannot be accomplished by automated machines” (Beautyschooldirectory-.com). We all need haircut, manicures, pedicures, facials, waxing, perms, relaxers…etc. We simply care about our physical, about our looks and about what people say. We all want to be up to date with all the new trends, some people it is a demand. It helps them feel better about themselves. But the good thing is that not everyone is capable of doing this, because a licensed is required to do those services listed above by law. Where ever you go, there will always be a spot for a cosmetologist. The job security of a cosmetologist can be described now days as “The harder you work, the more you make” (www.jobmonkey.com). Everything depends on the person, and how much ambition you have to
In the industry of cosmetology there has been women that have played an important role. Like Sarah Breedlove, who later became known as Madam C.J. Walker was America’s first African American female millionaire. She was born poor and orphaned, but later built her own business of manufacture hair products. A scalp infection lead her to the creation of her products. Like many women she struggled to find the solution to her problem, after she tried thousands of products, soon she started loosing her hair. While sleeping she had a dream of a man advising her of ingredients she needed to mix. She got up the next morning and did as her dream demanded. To her surprise this product had worked, she then begun selling her unique formula (“Beauty”). Who would have thought a women could have became so successful. They say dreams can lead you to great accomplishments and this was the case of Sarah Breedlove. Another example of a successful women is Jane Iredale, founder and president of Iredale Mineral Cosmetics. Jane Iredale introduced the full line of cosmetics, she wanted to create cosmetics that were beneficial to the skin. In order to make her products the best, she collaborated with make up artist, dermatologist, and plastic surgeons in the production (“Beauty”). These two women are great icons of the Beaut...
...ressers! Many cosmetologists have the opportunity to attend trade shows and seminars to stay up to date with new developments in the beauty industry.
Paramount Health and Beauty Company’s (Paramount) upcoming introduction of their new product, the Clean Edge Razor, into the non-disposable razor market presents a number of issues and questions that must be answered in order to maximize profit. Paramount already holds two products in the non-disposable market, both the Paramount Pro and the Paramount Avail, with the Pro being positioned in the mainstream segment of the market and the Avail being positioned in the value segment of the market. The decision Paramount faces involves where to position the Clean Edge Razor. The choice of positioning will ultimately determine profit/loss figures as well as Paramount’s market presence as it attempts to maintain a leading position in the non-disposable razor market. Growth in both of these areas is due to innovations and new technology in the non-disposable razor market.
Lets start at the beginning Makeup Art Cosmetics or MAC was created in 1984 by two men, Frank Tosken a seasoned makeup artist and photographer and Frank Angelo a successful business owner of a chain of salons in Toronto. They found that cosmetic products that were readily available were not performing well under the intense environment of studio lights & perspiration, had little color payoff, and were constantly having to be touched up. So, they created cosmetic formulas and colors that met these specific needs. By using them backstage on models and performers news traveled fast about how wonderful these products were. At first MAC was only available to the professional makeup artist. Then by word of mouth news spread to the general population and was maid available to the public and in 1994 was purchased by the Estee Lauder who owns many of the world's favorite cosmetic brands. MAC continues to be a testimonial brand of cosmetics, meaning that there is no paid advertising for MAC to promote their traditional product. They rely solely on testimonials and word of mouth advertisement. However you may find that MAC does advertise only one product and that is Viva Glam Lipstick. This is their charity lipstick and it comes in five different shades.
A lot of women love to look good on a day-to-day basis, so a cosmetologist is what they need. A cosmetologist is a beauty specialist who is educated in doing hair, makeup, and nails. It’s very interesting because you get to be creative, have fun, have people looking gorgeous, and get paid to do something you love. In this paper, you will be introduced to a lot of information in the field of cosmetology. Learning about the history and background, requirements to obtain the career and job positions will be covered throughout this paper.
Mary Kay Cosmetics is a company known for providing women with exceptional opportunities for professional achievement and economic success and rewarding women for their success. Mary Kay Cosmetics uses several programs to motivate, recognize, and develop its beauty consultants, which include recognition in a monthly magazine, annual events, gifts and prizes and most importantly, financial incentives. At the heart of the financial incentives Mary Kay provides is the three car programs offered to beauty consultants at different stages of their career. The car programs have proven to be effective motivators; however the costs to the company have skyrocketed as the number of car winners as a percentage of beauty consultants has doubled, despite increases in program qualification requirements. The VIP car program is the main cause of concern for May Kay because of the large number of leased VIP cars, high interest rates and insurance premiums, and large losses on cars in service for short periods of time. Mary Kay's top management is now faced with finding a solution to rising program costs of their powerful incentive plan while maintaining sales force moral and motivation. The key issues that must be considered in finding a solution to the high costs of Mary Kay's Marketing Plan are how beauty consultants will respond to changes in the incentive plan and how implementing the necessary changes will affect the sales force.
Nicolosi, Lisa, and Sarvani Prasad. "beauty industry." Issues: Understanding Controversy and Society. ABC-CLIO, 2014. Web. 19 Feb. 2014.
"Toxic Chemicals Used in Salon Products." Women's Voices For The Earth. N.p., n.d. Web. 30 Apr. 2014. .
After studying the cosmetic market we can identify a series of needs in this market:
Today in the United States of America the Beauty Industry is booming, bringing in millions of dollars every year, but is everything that they are doing to raise there business and popularity in a sense moral? Do women of all ages suffer from self-esteem issue leading to mental illness, anorexia, and bulimia diseases because of what the beauty industry is promoting? From plastic surgery, Photoshop, and makeup the industry is able to create looks of having an unobtainable bodies on the stars that choose to do this. Some women believe that they should be able to achieve a body similar to the famous individuals, is this really fair? With the beauty industry partnering with social media advertisement it is nearly impossible for individuals to
This report is to inform people about what a beauty therapist is what they do. This report will be discussing the definition and description on being a beauty therapist and the history about it. Also looking at what you would be getting paid, summary on what you would be doing and what you can get out of life being a beauty therapist.