Business ideas
8 min read

How to Start a Profitable False Eyelash Business [11 Steps]

Learn how to start a profitable false eyelash business with these 11+ steps. From sourcing materials to marketing, we cover it all. Get started today! #falseeyelashes #beautybusiness #entrepreneurship
Nick

By Nick Cotter
Updated Feb 02, 2024

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This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
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1. Perform market analysis.

Before diving into the false eyelash business, conducting a thorough market analysis is crucial. This step will help you understand the industry landscape, identify your target demographic, and carve out a competitive edge. Here's how to get started:

  • Analyze the current false eyelash market trends, including popular styles, materials (synthetic, mink, silk), and the growth rate of the industry.
  • Identify your main competitors, both local and online, and study their product offerings, pricing strategies, and customer reviews.
  • Research your target audience's preferences, demographics, and purchasing habits to tailor your products to their needs.
  • Examine the supply chain for sourcing materials and manufacturing eyelashes to ensure product quality and cost-effectiveness.
  • Explore the regulatory environment for cosmetics and false eyelashes to ensure compliance with safety standards and labeling requirements.
  • Assess the potential for online sales versus brick-and-mortar presence, considering the increasing trend towards e-commerce in the beauty industry.
false eyelash business image

Are False Eyelash businesses profitable?

Yes, False Eyelash businesses can be very profitable. According to IBIS World, the False Eyelashes industry in the US is expected to generate $3.3 billion in revenue in 2021. The industry has experienced consistent growth over the past five years, and is expected to continue to do so in 2021. Additionally, the wide variety of false eyelashes on the market means that businesses can cater to different customer needs and preferences, enabling them to maximize their profits.

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2. Draft a false eyelash business plan.

Creating a false eyelash business plan is crucial as it will guide your venture's operational, financial, and marketing strategies. This comprehensive roadmap should outline your business goals, target market, and how you plan to compete in the beauty industry. Below is a brief guide on drafting your business plan:

  • Executive Summary: Summarize your business concept, mission statement, and vision. Include a snapshot of your growth plans and financial objectives.
  • Company Description: Detail the specifics of your false eyelash business, the problem it solves, and the consumers you will serve.
  • Market Analysis: Research and describe your industry, target market demographics, competitors, and expected market trends.
  • Organization and Management: Outline your business structure, ownership, and the qualifications of your management team.
  • Products and Services: Explain the types of false eyelashes you will offer, their features, benefits, and any unique selling points.
  • Marketing and Sales Strategy: Define how you plan to attract and retain customers, your pricing strategy, sales tactics, and advertising plans.
  • Funding Request: If seeking financing, specify the amount needed, potential future funding requirements, and how the funds will be used.
  • Financial Projections: Provide forecasted income statements, cash flow statements, and balance sheets for the next 3-5 years to showcase profitability and financial health.
  • Appendix: Include any additional supporting documents, such as resumes, permits, or product images.

How does a False Eyelash business make money?

A false eyelash business can make money by selling false eyelashes and related products, such as adhesive and remover, directly to consumers through retail stores or online stores. They can also offer services such as eyelash extensions and eyelash tinting, which can generate additional revenue.

3. Develop a false eyelash brand.

Creating a distinctive false eyelash brand is essential for standing out in a competitive market. It involves establishing a unique identity that resonates with your target audience and reflects the quality and style of your products. Below are key guidelines to help you develop your false eyelash brand:

  • Identify Your Unique Selling Proposition (USP): Determine what makes your false eyelashes different from others on the market. This could be the quality of materials, design innovation, or a specific niche like eco-friendly lashes.
  • Define Your Brand Aesthetic: Choose a consistent visual style for your branding, including logo, packaging, and marketing materials, that appeals to your intended customers and conveys your brand's personality.
  • Know Your Audience: Research your target demographic thoroughly to understand their preferences and needs, ensuring your brand messaging speaks directly to them.
  • Create a Memorable Brand Name: The name of your brand should be catchy, easy to remember, and give an idea of what your brand represents.
  • Develop a Strong Online Presence: Build a professional website and engage actively on social media platforms where your potential customers spend their time.
  • Invest in Quality Photography: High-quality images of your products are vital for showcasing the lashes and helping customers see the fine details and craftsmanship.

How to come up with a name for your False Eyelash business?

First, brainstorm a few keywords related to your business such as color, beauty, and glam. Next, play around with those words to come up with a catchy and memorable phrase that encapsulates your brand. Consider using alliteration or rhyming words to make it more memorable. Finally, research the name to ensure it is not already being used by another business and that you have the appropriate domain name for it.

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4. Formalize your business registration.

Starting a false eyelash business requires not just a great product, but also ensuring that your business is legally recognized. Formalizing your business registration is a crucial step to establish your brand's legitimacy and protect your personal assets. Here's a guide to help you through this process:

  • Choose a business structure that suits your needs, such as a sole proprietorship, partnership, LLC, or corporation, and understand the implications for taxes and liability.
  • Register your business name with the appropriate state agency, ensuring that the name is unique and not already in use.
  • Obtain an Employer Identification Number (EIN) from the IRS for tax purposes, even if you don't plan on having employees immediately.
  • Apply for any necessary licenses and permits that your state or local government requires for operating a cosmetics business.
  • Register for state and local taxes to ensure that you can legally sell your products and collect sales tax if it's required in your region.
  • Consider consulting with a business attorney or a professional accountant to make sure all your paperwork is in order and to understand the legal requirements of your new business venture.

Resources to help get you started:

Explore vital resources designed for false eyelash entrepreneurs to gain insights on market trends, adept operational strategies, and guidance for business expansion:

  • Beauty Industry Reports: Comprehensive analyses and forecasts on the cosmetic and false eyelash market, often found in publications like Beauty Business Journal.
  • Cosmetics Business: A leading publication offering news, trends, and in-depth reports crucial for staying ahead in the false eyelash market.
  • Lashes Magazine: A targeted resource providing the latest in lash trends, application techniques, and business strategies for lash entrepreneurs.
  • Small Business Administration (SBA): Offers tools and guides on starting and growing a business, including financing options and operational best practices.
  • Shopify Blog: While not exclusively about false eyelashes, it provides invaluable ecommerce strategies, marketing tips, and case studies that can be applied to the false eyelash sector.
  • BeautyMatter: An industry publication and platform offering insights, trends, and innovation news in the beauty sector, encompassing niche areas like false eyelashes.

5. Acquire necessary licenses and permits for false eyelash.

Starting a false eyelash business requires not just a keen eye for style but also a solid understanding of the regulatory framework. Depending on your location and the scope of your business, you may need various licenses and permits. Here's a guide to help you navigate this process:

  • Business License: Register your business and obtain a general business license from your local city or county government office.
  • Seller's Permit: If you are selling products directly to consumers, you may need a Seller's Permit or Sales Tax License to collect and report state sales tax.
  • Cosmetic Manufacturing License: If you're manufacturing false eyelashes, check with the Food and Drug Administration (FDA) or equivalent regulatory body as cosmetics may require compliance with specific manufacturing guidelines.
  • Health and Safety Permits: If your business includes applying false eyelashes on clients, a health and safety permit from your local health department might be necessary.
  • Trademark: Consider registering a trademark for your brand to protect your business name and logo.

Always check with your local and state regulatory agencies to ensure that you have all the necessary paperwork to operate legally and safely.

What licenses and permits are needed to run a false eyelash business?

Depending on the state or locality in which you plan to operate your business, you may need a variety of permits or licenses to run a false eyelash business. For example, some states require that businesses obtain a seller's permit and/or business license in order to conduct any type of commerce. Additionally, depending upon the type of service you plan to offer (if any) you may need a cosmetology license if you plan to physically apply false eyelashes to customers. Finally, it is important to check with your local government regarding zoning regulations and any additional permits that may be required for your particular business.

6. Open a business bank account and secure funding as needed.

Starting a false eyelash business requires careful financial planning and management. A dedicated business bank account will help you track expenses, manage taxes, and process transactions professionally. Furthermore, securing the right funding is crucial to cover startup costs and maintain cash flow. Here are some key steps to consider:

  • Research and select a bank that offers business accounts with low fees and convenient services such as online banking and mobile deposit.
  • Gather required documents, including your business license, Employer Identification Number (EIN), and ownership agreements, to open your business bank account.
  • Consider different funding options such as personal savings, loans from financial institutions, angel investors, or crowdfunding platforms, depending on your business needs and financial situation.
  • Develop a solid business plan to present to potential investors or lenders, showcasing market analysis, projected financials, and a clear plan for profitability.
  • Understand the terms and conditions of any funding you secure, including interest rates, repayment schedules, and any potential equity you might be giving up.

7. Set pricing for false eyelash services.

Setting the right pricing for false eyelash services is crucial to attract customers and ensure profitability. Your pricing strategy should reflect the quality of your services, market rates, and the unique value you offer. Consider the following tips to help establish a competitive and fair price structure:

  • Analyze the competition: Research what similar businesses in your area charge for their services to help you determine a competitive price range.
  • Factor in costs: Calculate the cost of materials, time, overhead expenses, and desired profit margin to ensure that your pricing covers your expenses and allows for a healthy profit.
  • Differentiate services: Offer a variety of eyelash services such as classic, volume, or hybrid lashes at different price points to cater to different customer preferences and budgets.
  • Consider tiered pricing: Implement tiered pricing for new sets and fills, reflecting the complexity and time invested in each service type.
  • Introduce packages and promotions: Create package deals or introductory offers to entice new customers and encourage repeat business.
  • Adjust as needed: Regularly review and adjust your prices based on customer feedback, cost changes, and industry trends to stay competitive and profitable.

What does it cost to start a False Eyelash business?

Initiating a false eyelash business can involve substantial financial commitment, the scale of which is significantly influenced by factors such as geographical location, market dynamics, and operational expenses, among others. Nonetheless, our extensive research and hands-on experience have revealed an estimated starting cost of approximately $14000 for launching such an business. Please note, not all of these costs may be necessary to start up your false eyelash business.

8. Acquire false eyelash equipment and supplies.

Starting a false eyelash business requires careful selection of the right tools and supplies to ensure you can offer a variety of styles and maintain high standards of hygiene and quality. From the lashes themselves to the application tools, your equipment will be the backbone of your services. Here's a guide to help you acquire the necessary false eyelash equipment and supplies:

  • Eyelashes: Stock a variety of false lashes in different lengths, curls, and volumes to cater to diverse client preferences.
  • Adhesive: Choose high-quality, long-lasting lash glues that are hypoallergenic to minimize the risk of allergic reactions.
  • Tweezers: Invest in professional-grade tweezers for precise lash application. Consider getting straight and curved options.
  • Application Tools: Eyelash scissors, eyelash curlers, and disposable applicators are essential for customizing and applying lashes.
  • Cleansing Supplies: Have a stock of lash cleanser, cotton swabs, and pads for pre-application lash cleaning.
  • Aftercare Products: Offer eyelash sealants, coating mascaras, and oil-free makeup removers for lash maintenance.
  • Sanitation Supplies: Ensure the safety of your clients with disinfectants, alcohol pads, and single-use items to prevent cross-contamination.
  • Packaging: Provide attractive and sturdy packaging for your products, ensuring lashes are well-protected and presented professionally.

List of Software, Tools and Supplies Needed to Start a False Eyelash Business:

  • False Eyelash Kit
  • Eyelash Glue
  • Lash Applicator Tool
  • Tweezers
  • Lash Curler
  • Lash Primer
  • Mascara
  • Eyeliner
  • Scissors
  • Eyelash Extension Supplies
  • Software for Business Management
  • Website for Online Sales
  • Credit Card Processing Service

9. Obtain business insurance for false eyelash, if required.

Starting a false eyelash business involves various steps, one of which is securing the appropriate business insurance to safeguard your enterprise. Not only does insurance protect against unforeseen events, but it also adds credibility to your business, reassuring clients that they are dealing with a professional entity. Below are some key types of insurance you should consider:

  • General Liability Insurance: This protects against claims of bodily injury or property damage that could occur during your business operations.
  • Product Liability Insurance: Specifically important for businesses that sell physical products, this insurance covers damage or injuries caused by your false eyelashes.
  • Professional Liability Insurance: Also known as Errors and Omissions insurance, it covers claims of negligence or inadequate work.
  • Commercial Property Insurance: If you own or lease a space for your business, this insurance helps protect your property and inventory from damage or theft.
  • Business Owner's Policy (BOP): Often a cost-effective option, a BOP combines general liability with commercial property insurance and can be tailored to include additional coverages.
  • Before finalizing any policy, it's crucial to compare quotes from different insurers and consult with an insurance agent to ensure that your specific business needs are met.

10. Begin marketing your false eyelash services.

Marketing your false eyelash services is essential to attract customers and build a loyal client base. It's important to utilize a variety of strategies to showcase your work, reach your target audience, and set yourself apart from the competition. Here are some effective ways to start marketing your services:

  • Develop a strong brand identity that resonates with your target market, including a memorable logo and consistent aesthetics across all platforms.
  • Create a professional website that highlights your services, portfolio, and customer testimonials to build credibility and allow for easy booking.
  • Utilize social media platforms like Instagram and Facebook to showcase before-and-after photos, share promotions, and engage with potential clients.
  • Offer introductory discounts or bundle deals to new customers to encourage them to try your services.
  • Network with local salons, makeup artists, and wedding planners to establish referral partnerships and expand your reach.
  • Invest in targeted online advertising, such as Google Ads or sponsored social media posts, to increase visibility to potential clients in your area.
  • Encourage word-of-mouth referrals by providing exceptional service and offering incentives for clients who bring in new customers.
  • Participate in local events, beauty shows, and pop-up shops to directly engage with the community and demonstrate your services.

What licenses and permits are needed to run a false eyelash business?

  • False Eyelash Kit
  • Eyelash Glue
  • Lash Applicator Tool
  • Tweezers
  • Lash Curler
  • Lash Primer
  • Mascara
  • Eyeliner
  • Scissors
  • Eyelash Extension Supplies
  • Software for Business Management
  • Website for Online Sales
  • Credit Card Processing Service

11. Expand your false eyelash business.

After establishing a solid foundation and gaining initial success with your false eyelash business, it's time to consider expansion. Expanding your business will help reach more customers and potentially increase your market share. Here are some strategies to help you grow your false eyelash enterprise:

  • Introduce New Styles: Keep up with fashion trends and customer feedback to expand your product line with new and innovative eyelash designs.
  • Collaborate with Influencers: Partner with beauty influencers and makeup artists to promote your products and reach a wider audience.
  • Expand Online Presence: Improve your online store, optimize for SEO, and increase engagement on social media platforms to attract more online shoppers.
  • Wholesale Distribution: Offer your products in bulk to salons, beauty stores, and online retailers to tap into new sales channels.
  • Attend Trade Shows: Participate in beauty and fashion trade shows to network with industry professionals and showcase your products.
  • Customer Loyalty Programs: Develop loyalty programs and promotions to retain existing customers and encourage repeat purchases.
  • Global Expansion: Research and comply with international regulations to start selling your products in new global markets.