Cosmetics Business Plan In Nigeria 2020 PDF/ Feasibility Study Template

Cosmetics Business Plan In Nigeria PDF/ Feasibility Study Template

Before now, no one will believe that the cosmetic business will become a hub here in Nigeria. Infact, cosmetic business is a trending business today in Nigeria. For every young lady in Nigeria, the cosmetic business is something of another dimension. If someone had told you 10 years ago that this industry would be this big today, would you have believed it? A recent survey was conducted and it was said that the cosmetic business is one of the most lucrative business anyone with interest can venture into.

The cosmetic business is a very large one. And here in Nigeria they have one of the best market place for such a product. It should be noted that cosmetics business is all about makeup and facials, If you ask some persons, they will tell you that cosmetic to them is either about skincare, hair oil, body soap but cosmetic is much more than all of these aforementioned cases scenes.

You can read our Bottle Water Business Plan In Nigeria

According to experts, “it’s all encompassing”. When we talk about cosmetics we are talking about everything that have to do with good looking, keeping your skin healthy etc. So we are not just talking about facial makeups alone or just ski\n care. Remember what I said that cosmetic is all encompassing.

The truth of the matter is that everyone wants to be good looking. Some persons have their reasons for their wanting to look good.  Some maybe because they want to impress other persons or other reasons best known to them. But the truth is that everyone wants to look good at all times. This is where you will understand how powerful women are in the economy of a nation. Do you no that major make up companies have relocated to Nigeria to set up their headquarters? Why do you think so? Because they have seen how profitable the business is here in Nigeria. This is one of the reasons why cosmetic business is one of the fastest growing business in Nigeria.

If you are interested in setting up your Cosmetics Business, then you may have to consider our Cosmetic business Plan In Nigeria. This Feasibility study on Cosmetics Business, is a must have before setting up a cosmetic / beauty shop. It can also used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. The Cosmetics Business if properly managed is a very lucrative and profitable business that needs a lot of strategic Planning to start and a business and that is why we have decided to introduce you to our recently updated cosmetic business plan in Nigeria.

What if you where asked to do a very detailed research work on cosmetic business in Nigeria starting a cosmetic business in Nigeria? What would have been your response? How would you have been able to do that within a short time and with rest? How much do you think you would have spent in making your research? But trust me, what we have is a detailed and recently updated cosmetic business plan and feasibility study and guess what? It is coming to you as a giveaway price of ten thousand naira. All you need to do is contact us via this number 09066078526.(Mr Innocent Ogumka). You may be wondering why you still need to pay for a business plan while you are already reading one. Good QUESTION. What I will be sharing with you here though detailed but not detailed enough for you to start up a cosmetic business in Nigeria. There will be need for you to see a firsthand financial analysis, market projection, executive summary etc for your cosmetic business which I won’t be analyzing here.

You can read our Nylon and Polythene Bag Production Business Plan In Nigeria

GET YOUR COSMETICS BUSINESS PLAN / FEASIBILITY REPORT. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, your e-mail address and bank teller number to 09066078526 and you’ll receive your COSMETICS PRODUCTS BUSINESS PLAN / FEASIBILITY STUDY.

 

Like I have already told you, the cosmetic business is a very profitable business and as such it requires proper research and planning to do. If you want to make a big deal out of your cosmetic and beauty products business, then there is a need to have a well detailed and recently updated business plan.

Before now, cosmetic was seen as a luxury and many persons never saw the need for it. But gone are the days when it was seen as a thing of luxury because everyone today have made good looking an everyday thing. Some time back, there were people who only visited the beauty shop once in a while. Sometimes it was twice a month or once in a blue moon. But that philosophy have changed. As of now, they now visit saloon every weekend. What does this tell you? It tells us that there is a high demand on the usage of cosmetic products. Which means there is high patronage  The level at which it is used today cannot be compared to how it is used before and that shows how profitable this business can be.

Let’s discuss a bit of what this product can do. According to skin experts, the application of Cosmetic to the skin will help to keep the skin very moist and healthy which is a necessity for a good and healthy hygiene. I have seen how people who had nothing but went into the production of skin care products who have turned into financial heavy weights today. When I asked them the various opportunities in this business, what was their response? That this business have the tendency to grow wide across this nation especially those who are the good thing about the production of beauty and skin care products.

According to research done by our team of experts, about 60 per cent of Africa’s population is young and over 70 percent of them are more focused on looking good and this they said have become the reason why this industry have grown so wide. It has automatically increased the demand for cosmetic products in the country. So if you are a producer, then you are in for something very big.

We have established the fact that the cosmetic business is a very big and large one with different areas of the cosmetic business. Each class of this business is very profitable and are all marketable here in Nigeria. Below are some of the areas of cosmetic business you can venture into cosmetics business plan in Nigeria.

GET YOUR COSMETICS BUSINESS PLAN / FEASIBILITY REPORT. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, your e-mail address and bank teller number to 09066078526 and you’ll receive your COSMETICS PRODUCTS BUSINESS PLAN / FEASIBILITY STUDY

Industry: Beauty Care (Cosmetics Business plan in Nigeria)

There is a product that everyone cannot do away with. In fact, it has become part of our daily lives and that’s the cosmetic product. In Nigeria and even the world at large, cosmetic products are most sort after especially those that can take care of some certain and peculiar needs of skin.  Again, you must produce something that works. For example, if you are going to be producing facial cream for light skinned people to remove black spots, then you should produce what works because if it does not work, then you have lost that client for good.  Cosmetic also involves the usage of soaps too. Everyone use soaps to bath..Ask anyone on the street if they do bath with soap, the answer 100 yes over 100. Then ask further if they used to cream to after bathing? The answer is as the same as the former. This goes to tell that everyone uses cosmetic and this is the very reason why there is a high demand of cosmetic usage in the country and why we have seen incredible profits and lucrativeness from this business,

Many a time so many persons do mix up what cosmetic is to be what makeup is. Well there is a difference to the both of them from each other. Cosmetic is a concept while make up is a part of it.  In fact it is sometimes call a small brand of the cosmetic industry

You can read our Bottle Water Business Plan In Nigeria

Have you noticed that as at today, the fastest growing business put together are fashion design, cosmetic and beauty business? And why is it so? Because looking good is a good business and whoever is involve in the business of making people look good, will sure be financially blessed because of the high patronage. So as at today, the fastest and lucrative sector anybody can venture into and make huge profit is the cosmetic business. I have a lady friend who went into this business herself after trying out other business. Soon, she became very business and we could hardly see her. In fact she was into skin care products and also make artist. One day, she brought one of her products for face to church member. I over head her said the price of that little facial cup of cream was 50 thousand naira. What was the function? Black spot removal and it was expected to last for just two weeks. She told me that she makes over 23 thousand naira for a product. This is extreme profits.

Have you noticed that everyday there are constant influx of more beauty and cosmetic products that are been introduced into the country? Because of the boom in the cosmetic industry, we have seen the introduction of different body cream that ranges from hair growth creams and serums to skin lightening products and even bathing soaps, deodorants and perfumes. These products despite their high price yet are always in high demand among women and men too.

Why Should Anyone Start A Cosmetic Business In Nigeria Today

What’s the motivating factor in any given business? The high level of profitability such a business has and for the fact that we know how profitable the cosmetic business in Nigeria have come to be, it is more than a mere motivating factor and reason why anyone should start a cosmetic product business in Nigeria today.

We have seen many people who did leave their former place of work and started out their own a beauty and cosmetic production, how they are currently enjoying and basking in millions of naira. These are entrepreneurs who have recognized the lucrative potentials of running a beauty and cosmetic business line and they did invest heavily into the business sector. And today it is a different story all together.

 You can no longer classify Cosmetics as a luxury anymore because the business of looking good  have become the new normal. Which means it is now everyone’s business. Before the use of cosmetics where just meant for the rich and a few middle class who could afford it.  But today, the floodgate of beauty and looking good has been opened and everyone both the rich, middle class and the poor can afford it.  If you get into this business, be rest assured that you will be smiling to the bank on a daily basis.

We all know exactly how Nigeria women spend money to look good. It is on record that women spend the majority of their money on the purchase of cosmetic products. It is very good to take care of our Personal hygiene and we have heard from experts that hygiene and beauty products are some of the required necessity for our everyday life activity. The use of cosmetics starts from bathing with soap, to the use of body lotion, to the  use hair cream, then to the use of perfume and deodorants to smell nice and the high demand of all this cosmetic products means that entrepreneurs who are into the cosmetic business can make massive profits.

Cosmetic Products Entrepreneurs Can Invest In

Makeup – In this area, it is majorly strictly for women. When we talk about Makeup, we are talking how it is used to beautify faces, eyes, lips, nails. Before now, people do make ups ones in a while. But as at these days, it is almost an everyday thing. Let’s see some of the makeup products mostly used are mascara, foundation, eyeliner, lipsticks etc.

Cosmetic Lotions & Skin Care Products:

Everyone as it where do want their skin to be constantly soft, radiant and smooth. Everyone wants to feel good and special about their body texture and that’s the reason they go to any length to beautify their skin with different body lotions that can help you achieve a soft glowing skin.

When we talk about skin Care, we are not just talking about the females alone. We also refer to the males too. This is the largest, and more profitable aspect of the cosmetic business There are different skin products that are been produced or manufactured on a daily basis. We have some examples of different products that are being used on a daily basis. They include the following; creams, body lotions, facial cleansers, scrubs, anti-wrinkle creams, anti-aging creams, skin lightening formulas, toners etc.

For those who will be going into the cosmetic and beauty product selling, there is a massive income to generate here. So get yourself ready and dive into the deep ocean of wealth. As far you have the right these clients of yours need for their peculiar skin, it means  more money to your account. These products includes bleaching cream, moisturizing cream, age defying cream, anti acne cream amongst others.

Starting A Cosmetic Business in Nigeria

That you wrote a well detailed and well package cosmetic and beauty product business plan does not guarantee you success in this business at all. But there are factors that will determine if indeed you become successful in your cosmetic business in Nigeria. We will be discussing some of them while you can get others from our complete cosmetic business plan. But when detailed writing feasibility study cosmetic business plan like what we have, then you are enroute to success.

Cosmetic Business Start Up Capital

You don’t have to have all the millions in your bank account to be able to start a cosmetic business. In fact, with a small amount of money, you can start a cosmetic business and then you grow it as time progresses. From our team of experts, they have always said that, your start up capital reflects the profit margin you may get from your cosmetic business. You can  start usp a cosmetic business with as low as N50,000, on a medium scale you can start with N500,000 – N1 million, and on a large scale you can start with N10 – N20 million.

Cosmetic Shop/Business Location

If you want to grow your business so fast especially a cosmetic business of this nature, you have to locate your business in a place where there are people. You have to site your business in a very busy environment. So make sure you follow the guideline on our cosmetic business plan in Nigeria to be able to get the proper location of your business.

Where To Buy Your Cosmetic Products

If you want to get cosmetic products for your business, there are different markets where you can easily get them. We have different markets where you can buy cosmetic and beauty products, and those market are as follows in Nigeria, the Mushin market, the Dosunmu market in Lagos Island, Balogun market also in Lagos Island, Trade Fair market along Badagry Expressway. If you observe very you will understand that these markets are located in Lagos. There is a reason for it. .

Finally, I would encourage you to get our cosmetic business plan before venture into this business. We have a detailed feasibility study report on the subject matter. As it where, this cosmetics business plan, will give you an edge as far as this business is concerned. With a well written and detailed cosmetic business plan that contains all recent market analysis, financial projections, marking strategy executive summary, etc, is what you need to have to stand out the test of time. Below is the table of content for a well written cosmetic business plan in Nigeria.

Table of Content for Cosmetics Shop Business Plan / Feasibility Studies in Nigeria

Executive Summary
Introduction
Business Description
Products and services
Competitive Advantage
Market Research
Competitor Analysis
Sales and Marketing Plan
Operational Plan
Business Risk
Management and Structure
Financial Plan and Projections

GET YOUR COSMETICS BUSINESS PLAN / FEASIBILITY REPORT. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, your e-mail address and bank teller number to 09066078526 and you’ll receive your COSMETICS PRODUCTS BUSINESS PLAN / FEASIBILITY STUDY.

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