Hair Business 101 - The Best Types of Wig to Sell & How to Price Your Wigs

The entire tutorial is will be centering around two different questions that are most frequently asked on the internet! The first question is what is the best type of wigs to sell? And the second question is how to price wigs? Without further ado, let’s dive in!

#1 All Wigs Will Make You Money

A lot of people are torn about it, they don't know if they should make their wigs, like make their with some sewing machine hand stitch them or sell wigs that their vendor provides. So which one is better and which one should you do? Honestly, it doesn't matter. All wigs sell hand stitch wig wigs, custom wigs made on the sewing machine wigs, vendor wig wigs. A lot of times people overthink the process too much. You have to do what is best for you, if you know how to hand stitch and you enjoy hand stitching, then you should make hand stitch wigs. If you know how to use the sewing machine, if you enjoy using the sewing machine and make your deep wave wigs, then you should make sewing machine wigs. If you are not good with hand stitching or sawing machine wigs, then go ahead and purchase the wigs from your vendor. There are no rules. When it comes to the wig industry, that's why the wig industry is so huge and a lot of people are getting into the wig industry, it's because you have so much freedom, and no matter what type of wig you make or what type of when you sell, they all sell. So when it comes to you deciding on the type of wigs that you want to sell for your company, think about your skillset. What it is that you're able to do and provide on your own, keep that in mind. The possibilities are endless. You can do whatever, you can start however, you just need to decide what you want to do and start. And if you start off selling vendor wigs, that doesn’t mean you have to stay selling vendor wigs. If you want to eventually learn how to hand-stitch or makes sewing machine wigs then you can always do that. But start with what you have and you can always expand, you can always grow, you can offer both. Some people offer both hands stitch and saw machine, and some people offered the entire thing: Hand stitch, sewing machine, and vendor wigs. It's completely up to you. Do not overthink that, make a decision, go for it.

#2 How To Price Your Wigs

The next question that was asked a lot is how do you price your wigs, a lot of people are unsure of how they should price their wigs. When it came to creating your price list, creating prices, and making a profit, those are pretty much the same thing. There is no special formula or equation. When it comes to wig making when you are making the wig itself, so let's say you hand stitch or you use the sewing machine, at that point you are offering a service. You have to sit there and make something. So people are going to be paying for your time, your labor, how much is your time? How much is your labor worth? That is going to be determined by the person. Nobody can tell you how much you are worth. That is determined by the individual, how much do you think you are worth for your time to sit down and physically make that wig. So that would be the price of wig construction putting together the loose wave wig. And then if you are using hair, so you are going to provide the hair for the wig, you need to also add in the prices of the hair that is used.

So the price of your wig should be the wig construction price and the price of the hair that you provide.

And that’s all for this guide, and click HERE to see more! If you're looking for the best wholesale wig vendors, Honest Hair Factory can be your primary choice no matter where you're.