Did you know that 72% of Americans would rather start their own business than be employed by someone else?
If you’re looking to create a company, you’re certainly not alone! But, there’s a difference between those who want to start a business and those who actually do. We’re here to make sure you’re in the latter group.
When starting a cosmetic brand, there’s a lot you need to know to ensure its success. We’ve put together a quick guide to get your business off the ground, giving you the best chance of becoming a bonified entrepreneur!
Read on the find out more.
Look Into Regulations
When starting a beauty brand, you need to familiarize yourself with the FDA regulations for manufacturing and labeling cosmetics. It’s a strictly regulated industry, so this is a must! Also, look into any licenses and permits you need to sell cosmetics in your state.
Find a Cosmetics Manufacturer
Unless you’re taking the homemade approach, it’s unlikely you’ll be making your cosmetics yourself. Instead, you need to find a reputable lab that will take your cosmetic formula and create them for you in a safe, sterile environment. BPI Labs is a well-known company that we recommend, and you can find out more about how their services will help your company on their website.
Choose a Niche
When you build a beauty brand, you need a niche to help differentiate yourself from your competitors. Your niche could be eco-friendly cosmetics or makeup that’s designed for a specific demographic (like those who may have a disability that makes it hard to use normal cosmetics). Whatever you choose, make sure your entire brand is built with this niche in mind.
Create a Unique Brand Name
With a lot of small businesses out there, it’s important you create a memorable name that isn’t already taken by another skincare line or cosmetic line. When thinking of brand names, do a quick Google and social media search to make sure no one has it already. Make sure the name is easy to spell, easy to remember, and will appeal to your target audience.
Create a Website
You’ve got your name and your product formulations, now it’s time to create a website! You can either DIY this or hire a web developer to do it for you if your computer skills aren’t up to scratch. Your website needs to:
- Look professional
- Appeal to your audience
- Be easy to navigate
- Include relevant content
- Include written copy with no spelling errors
- Have a safe payment system
If you are making your website yourself, be sure to check out relevant guides before you start so that you know what you’re doing.
What’s Your Marketing Plan?
Once you’ve set up product manufacturing and your brand is taking shape, it’s time to think about marketing. How will people learn about your business and be convinced to buy from you? Common marketing methods include:
- Social media marketing
- Paid digital ads (like Google ads)
- SEO
- Leaflets and business cards
Start looking into the different methods to see which would best suit your brand.
Start Building Your Cosmetic Brand
If you’re thinking of creating a cosmetic brand, this guide is a great jumping-off point. From here, you can start exploring the different ideas we’ve mentioned, like marketing options and how to create a website.
If you enjoyed this article, be sure to check out more on our website! We write across a range of topics, including business, economy, and health.