Episode 1: Starting a Hair Business 101

October 23, 2017

Summary

In this, the FIRST episode of Hair Biz Radio, Zakiyrah, and Mikey introduce the Hair Biz Show Podcast, and give a detailed synopsis of what they want to accomplish with their program—to educate, inspire, and motivate those who want to break into the hair extension industry.

Tune in to hear Mikey and Zakiyrah discuss the importance of marketing for the sustainability of your business, the value of choosing the right web development platform, and what it feels like to start a hair extension business from scratch.

Show Notes:

  • This episode is titled Starting a Hair Business 101
    • In this episode, you’ll get the basics of getting started with your hair brand, and how to keep going once your brand is started
  • You don’t need a sale in the first week or even the first two weeks
    • Sure, a lot of people buy hair, but you won’t start selling overnight
  • If you want to be successful, you can’t just rely on your friends and family
  • Mikey started his first online store in January 2006
    • He spent WEEKS working on this website
    • And when he went live, it was just crickets…his first sale was his grandmother
    • It took 3 weeks for Mikey to make his first non-family sale, and the sale was only $20
  • When you start in this business, remember that ͞a sale is a sale͟.
  • Entrepreneurship is emotional, so you have to be ready for the emotional rollercoaster.
    • Don’t freak out, it’s a part of the business and a part of growth
  • One of the first things you want to do is make sure your domain name is available, as are the social media handles.
    • THEN figure out what platform you’ll put your website on
  • Mikey and Zakira are HUGE fans of WordPress
  • Shopify is a great platform to use, but be careful because they don’t accept payments for hair extensions.
    • Shopify’s credit card processor is just a white-labeled version of Stripe.
    • That means you’ll need to work with a 3rd party payment processor.
    • Which means you’ll need to eat an extra 1% on every transaction.
  • Proprietary platforms are a disaster—they’re completely customizable but they come at a huge expense
  • A lot of people don’t realize that YouTube is the #2 search engine next to Google, so it needs to be a part of your hair brand marketing platform
  • Zakiyrah and Mikey are developing an education platform for people to use
  • Start a Hair Extension Business – the Facebook Group.
  • Private Label Extensions is the wholesale side of the business.
    • This is for BULK purchasing.
    • Also for stylist and salon owners who want to stock their shelves with extensions
  • Dropship BundlesoGreat for people who don’t want to have all the photos, pricing sets, and inventory on-hand
  • This is a great starting point for your hair brand, but it’s not an endpoint
  • The biggest struggle after getting your brand going is MARKETING
  • Most websites convert anywhere from 1% to 3% of visitors—that’s it.
    • So, when your site is new, 99 out of every 100 visitors to your site aren’t buying anything
    • Episode 2 will talk about marketing at-length
  • When it comes to social media, focus on the platforms you know and are comfortable FIRST
  • Let’s talk about blogging
    • It’s hard to push out a blog every single day, so aim for once a week
    • Having said that, there are MILLIONS of blogs published every day
    • Google will find and rank ONLY the top articles on the subject
      • So, if you’re going to write an article about hair, it needs to be the most detailed article you can write
  • It will take six months at a minimum to see results from your content marketing
  • A lot of people don’t realize how important email is—sure Facebook and Instagram are hot now, but how hot will they be in 5 years?oFacebook is already trending down in usage amongst youths
  • Plan NOW for what people will be doing LATER
  • Crazy growth is tied too
    • Awesome marketing
    • And education—teach your clients and customers how to be awesome
  • Episode 2 will talk in-depth about hair extension marketing so make sure you tune in next week and don’t forget to subscribe!

3 Key Points:

  1. Success isn’t born overnight. It takes time, energy, and patience to cultivate.
  2. Once you successfully establish your brand, you need to invest heavily in marketing.
  3. Use WordPress over Wix, Squarespace, etc. all day, every day.

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2 comments on “Episode 1: Starting a Hair Business 101

  1. Kari Barnes Oct 24, 2017

    Great information on getting started! I want to have a strong foundation before launching my website next week…this helps 🙂

  2. Danisha Oct 25, 2017

    I personally really enjoyed it, I isten to the entire podcast. I can’t wait for the next post it was really easy to listen to while doing my everyday errands.

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