- Avg. revenue /month$14
- Avg. sessions /month71
- Avg. profit /month$6
- Inventory value$8,000
Why this business was started
Starting in 2013, I decided to experiment with various ingredients in hopes of producing a formula that catered best to my clients' nuanced hair needs. The main concern was this: with so many different hair products on the market that in turn target countless individual hair types, women found it difficult to find one that restored hair vitality long-term. Through the feedback of my wonderful clients, and after several incarnations of natural ingredient blends, I finally created LRM. The Luminous Repair Masque truly lives up to its name. It is a hair multi-purpose hair conditioner that restores dry, color-treated and damaged hair and brings back vitality, fullness and shine. Most hair products tend to lose their effects on hair because of the hair's natural acclimatization. But LRM users find that not only does their hair feel drastically healthier after just one use, but it also maintains this look and feel for months after.
The reason of selling this business
A little over a year ago I got into Real Estate, besides that I also maintain a hair stylists clientele. My product company MOND™ has been pushed back third place of importance, I simply don't have the time to market the product. Even though we over 30 five star reviews on Amazon, the product needs marketing.
What's involved in running this business
LRM is sold primarily on Amazon, I also have a distributor in Amsterdam who sells the product there. Other than marketing and opening new accounts and supplying / replenish new products to Amazon and bookkeeping, there is not much more to do. It can certainly be run by one dedicated person.
Traffic and Performance
- Avg. revenue /month$14Verified
- Avg. sessions /month71Verified
- Avg. profit /month$6
- Inventory value$8,000
- Profit Margin5%
- Avg. sales /month6
- Shopify plan
- Inventory warehouse
Logo and branding assetsMOND™ Trademark, All promotional videos, photos, graphic designer contact info.
Personal support after saleI can provide assistance for 2 months after closing of sale. All marketing materials and graphics designer contact info etc. Suggestions as to where and how to market product.
Product photosInventory of approximately 8,000.-US Dollars - All photos pertaining to LRM.
Mailing ListNot Included
How to grow this business
I would invest more time and money into social media marketing, also contact hair salons throughout the US and open new accounts. Furthermore contact Salon Suppliers such a CosmoProf and Salon Essentials and Ulta. The product pricing is structured to be sold wholesale and retail and distributor pricing.
Skills to have
Social media marketing skills. Sales skills.
Our features for a secure experience
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