Wedding Wednesday... The Secret behind hair extensions (Part 2)

Last week I talked about the business behind the billion dollar hair industry. There is so much more to say in regards to the business side of it. I have educated myself in how the process works and how people are becoming so successful in this industry.
You do have to do your research if you want a supplementary income.
Research is vital in making sure that you end up with a quality product.
Quality=Longevity
A higher price doesn't always reflect a quality product.
The market is over saturated now, so the hair is being massed produced in order to keep up. The hair quality has drastically declined and your Brazilian, Indian, Mongolian, Peruvian, Moroccan, etc... hair extensions are coming from factories in China.
There are wholesalers that are selling hair for $10-20 per bundle and you "the customer" are paying
4-10 times the price.
However the customer trying to purchase the hair is in a difficult position because you want to get whatever is readily available. The average person isn't going to invest the time and energy going to research how they can get wholesale hair extensions. You are going to get hair that is familiar and has a good reputation.
The downside to buying the hair wholesale is that there are so many suppliers. All the hair isn't created equally. The hair despite it being labeled as "virgin remy ____ hair", it's been processed. The hair has been altered to get the curl pattern that you are seeking "deep wave", "loose curl", "body wave" etc...
It's not neccessarily bad hair, but it's not what you think it is. The hair in the beauty supplies are machine processed, it's not technically "human hair", but it works just fine.
I want to educate you on how this billion dollar industry works. It's all about brand marketing and producing what consumers want.
You want to look like your favorite celebrity, well it comes at a price.

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.