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Next Steps
Hi there,I have formulated and made some under eye creams , face creams, lighteners, and AHA peels. I know that unless you have some extremely innovative formulas most if not all have been done.
I have given out my most recent eye cream and face creams ( I try everything on myself first) and everyone I’ve given it to loves them. Or at least they say they do. I was wanting to build a business around the eye cream (after much corrorsing from friends and family) and then expand.
I know I have to get it tested (I’ve done my own with in home microbial kits). I know I have to all that goes with with trying to start a business. Ie bottles, labels, logo etc..
I have a very modest budget about $10,000.00. I guess what I’m trying to find out is, is this even enough to try? Should I just sell to friends/ word of mouth and then try to go through a contact manufacturer once I have more capital? Any constructive advice is welcomed.
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2 Replies
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How much do you know about marketing? The first thing you need to do is go to the supermarket and check the same product category. The prices. Find a price point (make a list, choose one that’s one-third of the way up from the cheapest). Divide the price by five or six. Then sit down and see if you can make it for that.
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@Belassi will do. Thank you
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