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❖ VARIOUS WAYS TO MAKE MONEY
With starting a skincare product line, there is not just one business
model to choose from. This field is amazing in that there are various
ways to make money. Although this may complicate things, it's great to
have different options and sources of revenue.
❖ MAKE MONEY WHILE YOU SLEEP.
The advantage of starting a skincare product line is that you can have passive
income and make money while you sleep. This is the dream for many
entrepreneurs.
CONS OF STARTING SKIN CARE LINE
❖ CROWDED SPACE
Competition is high for your skin care product line, so you must spend a
good amount of time analyzing the market and understanding where the
demand lies.
FINDING THE RIGHT SUPPLIER
Most businesses in this space go the supplier/manufacturer route, which
isn't a bad thing! HoIver, finding the right supplier can take a lot of time,
energy, and trial/error. If done properly, this process can save you months (if
not years) of time and energy—more on this below in the "finding a
supplier" section.
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