Wednesday, June 11, 2014

Wedding Wednesday....The secret behind hair extensions (Part 1)

The hair industry is a multi-billion dollar business. It has become an obsession, everybody wants the best quality extensions at the lowest price. It is over-saturated with people trying get a piece of the billion dollar pie.
Years ago the market was much harder to tap into. There was only a few people that had access to get the hair directly and they in turn would sell it wholesale to individual distributers. The hair quality was raw, unprocessed and would last for multiple installs. 
The hair is mass produced because of supply and demand. Hair extensions have been machine processed for years. The hair that is sold in beauty supplies has been artificially manufactured for more than a 2 decades. When the hair started coming from India and sold through individual distributers, then the hair industry blossomed. 
That's when you noticed that every one that you knew became hair distributers. People that had never been knowledgeable in the hair industry could tap into it. 
Hair could be sold to anyone that wanted to buy it. You didn't need a permit or license to buy hair and distribute it. People are making as much as $100,000 a month just selling hair extensions. They are becoming instant millionaires, thanks to the hair industry. 
I don't understand why people don't respect people that are haircare professionals. 
There is a lot of value in our craft. Hairstylist that are doing bare minimum can easily make $50,000 a year. If you incorporate doing extensions and distributing hair you can quadruple that number. 
The market generates $1.5-2 billion dollars in the United States as of 2013. 

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