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BEAUTY ALWAYS
SALES
Business Plan for
Cosmetic Products
High End Beauty Care Product Business in Kuwait
Market Opportunity and Business Strategy
THE MARKET OPPORTUNITY
A study released in March 2016 by
Kuwait’s Al-Qabas daily newspaper,
found 205,000 to 230,000 Kuwaiti
women spend KD350-400 ($1,146 –
$1,310) per month on beauty,
cosmetics and fitness, bringing their
total spending to KD980 million
($3.21bn) per year.
The study found that between 50% and
60% of Kuwaiti women aged between 15
and 55 spend considerable amounts of
money on beauty, and, given their
affluence, seek out the latest products in
cosmetics products and services,
including skincare, fragrances, nails, spa
treatments and plastic surgery.
E MARKET IS THE FUTURE
Kuwait has a high online
penetration and around 75%
of the population has access
to the internet. The total e-
commerce market in Kuwait
is expected to double from
an estimated to be $1.07bn
by 2020.
Kuwaiti sisters Nora, Sarah
and Dana Al Ramadhan
launched Apotheca Beauty –
a company that supplies
Middle East retailers with
premium, hard-to-find
beauty brands.
Beauty is a booming industry
globally, and the GCC region is no
exception. In fact, the argument
could be made that the demand
for quality skincare and top-line
cosmetics products is more
relevant here, with stark eye
make-up and flawless
appearances ingrained in the
culture of Middle Eastern women.
BOTOX, FILLERS IN HIGH DEMAND FROM
KUWAITI MEN
Men make up 25% of Arab patients undergoing plastic
surgery, says clinic
A renowned Kuwaiti clinic, Skin Clinic, has reported high
demand for Botox and injectable fillers from Kuwaiti men,
Arab Times reported.
The clinic’s Consultant in Skin Diseases and Laser
Cosmetics, Dr Ghanima Al-Omar, has revealed that 35
percent of her clients are males who undergo injectable
fillers, Botox, and skin whitening.
PREMIUM IS SELLING
❖$1,500 gold face cream unveiled in
Dubai, Australian brand Lariese
revealed the cream at the MidEast
Natural and Organic Products Expo
(MENOPE) in Dubai
❖Bulgarian company Victoria Beauty
told Khaleej Times newspaper that
genuine Bulgarian oil costs $8,000-
$10,000 per kilo.
❖Launch of $650 24-carat gold face
cream, Orlane has revealed a 24-
carat gold anti-aging cream, Crème
Royale, costing an eye-watering AED
2,387 ($650).
THEY SPENT A LOT
Consumers in the United Arab Emirates
(UAE) meanwhile, have the highest per
capita outlay on cosmetic and beauty
products in the region – spending
US$156 each on fragrance alone while
total sales are expected to top US$30bn
by 2018 – up from US$24bn.
COSMETIC TRADING
♔This all about Branding , Reach and Presence
♔Premium Multiple Brands
♔Presence Across the Segments
♔Presence Across the Platform
THE BRANDS
♚https://www.biotique.com/
♚BIOTIQUE is synonymous with serious skin and hair
care developed from Ayurveda. Biotique treatments do
not cover up problems - they eliminate them. With
100% botanicals. No animal testing. Even the
packaging is eco-friendly and recyclable
♚https://www.biphaayurveda.com/
♚In 1929, a gifted Ayurvedic Physician, Pappy Vaidyar,
realised the need of an institution to meet the rising
demand for genuine Ayurvedic formulations/
treatment. Bipha Drug Laborataries was established as
a result of his efforts in Ochira, a small village in South
Kerala.
♚https://www.kamaayurveda.com/international/
THE GLOBAL BRANDS
🇧 🇧 BULGARIA
🇧 🇧 ROMANIA
🇧 🇧 RUSSIA
🇧 🇧 POLAND
THE MASS SELLING PRODUCTS
Natural Cosmetics which has mass appeal
across the segments
Aloe Vera
Face Mask
Skin Care
Natural White Soil
Henna
RETAIL SHOP
✓Rent – 1500KD to 2000 KD
✓Decoration 20,000 KD
✓Inventory 50,000 KD
✓Salaries – 2500 KD/month
✓Advertisement 2000 KD/month to 3000 KD/month
✓Shop Opening – 15000 KD
✓Celebrities – 18000 KD per year – 1500 per month
✓Recommendation – Second Stage of Growth – After 18 to 24
months of starting business
E SHOP
✓E portal and Application 6,000 KD +18,000 KD
spread over the next 15 months.
✓Social Media – 500 KD Per Month
✓Advertising and Promotion 3000 KD per month
✓Celebrities 1500 KD per month
✓E Portal Management – 1500 per month
E SHOP PROJECTIONS
Day 0 Day 90 Day 180 Day 270 Day 360 Total
PRODUCT SOURCING 15,000 15,000 15,000 15,000 15,000 75,000
E SHOP 5,000 5,000 5,000 5,000 20,000
EXPENSES 12,900 15,000 17,400 18,900 64,200
MANAGEMENT FEES 4,000 4,000
INVESTMENT 24,000 32,900 35,000 37,400 33,900 163,200
SALES 11,970 25,870 51,042 99,691 188,572
NET PROFIT (8,112) (2,552) 6,117 20,976 16,429
RETAIL STORE
Stage - after 18 months
Retail Store 60,000
Inventory 30,000
Management Fees
Total Upfront 90,000
Monthly Expenses for Retail Shop
Promotion and Advertising 3000
Social Media 500
Celebreties 1500
Salaries 2500
Total 7500
Thank
You

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Beauty and Cosmetics Products Business Opportunity

  • 1. BEAUTY ALWAYS SALES Business Plan for Cosmetic Products
  • 2. High End Beauty Care Product Business in Kuwait Market Opportunity and Business Strategy
  • 3. THE MARKET OPPORTUNITY A study released in March 2016 by Kuwait’s Al-Qabas daily newspaper, found 205,000 to 230,000 Kuwaiti women spend KD350-400 ($1,146 – $1,310) per month on beauty, cosmetics and fitness, bringing their total spending to KD980 million ($3.21bn) per year. The study found that between 50% and 60% of Kuwaiti women aged between 15 and 55 spend considerable amounts of money on beauty, and, given their affluence, seek out the latest products in cosmetics products and services, including skincare, fragrances, nails, spa treatments and plastic surgery.
  • 4. E MARKET IS THE FUTURE Kuwait has a high online penetration and around 75% of the population has access to the internet. The total e- commerce market in Kuwait is expected to double from an estimated to be $1.07bn by 2020. Kuwaiti sisters Nora, Sarah and Dana Al Ramadhan launched Apotheca Beauty – a company that supplies Middle East retailers with premium, hard-to-find beauty brands. Beauty is a booming industry globally, and the GCC region is no exception. In fact, the argument could be made that the demand for quality skincare and top-line cosmetics products is more relevant here, with stark eye make-up and flawless appearances ingrained in the culture of Middle Eastern women.
  • 5. BOTOX, FILLERS IN HIGH DEMAND FROM KUWAITI MEN Men make up 25% of Arab patients undergoing plastic surgery, says clinic A renowned Kuwaiti clinic, Skin Clinic, has reported high demand for Botox and injectable fillers from Kuwaiti men, Arab Times reported. The clinic’s Consultant in Skin Diseases and Laser Cosmetics, Dr Ghanima Al-Omar, has revealed that 35 percent of her clients are males who undergo injectable fillers, Botox, and skin whitening.
  • 6. PREMIUM IS SELLING ❖$1,500 gold face cream unveiled in Dubai, Australian brand Lariese revealed the cream at the MidEast Natural and Organic Products Expo (MENOPE) in Dubai ❖Bulgarian company Victoria Beauty told Khaleej Times newspaper that genuine Bulgarian oil costs $8,000- $10,000 per kilo. ❖Launch of $650 24-carat gold face cream, Orlane has revealed a 24- carat gold anti-aging cream, Crème Royale, costing an eye-watering AED 2,387 ($650).
  • 7. THEY SPENT A LOT Consumers in the United Arab Emirates (UAE) meanwhile, have the highest per capita outlay on cosmetic and beauty products in the region – spending US$156 each on fragrance alone while total sales are expected to top US$30bn by 2018 – up from US$24bn.
  • 8. COSMETIC TRADING ♔This all about Branding , Reach and Presence ♔Premium Multiple Brands ♔Presence Across the Segments ♔Presence Across the Platform
  • 9. THE BRANDS ♚https://www.biotique.com/ ♚BIOTIQUE is synonymous with serious skin and hair care developed from Ayurveda. Biotique treatments do not cover up problems - they eliminate them. With 100% botanicals. No animal testing. Even the packaging is eco-friendly and recyclable ♚https://www.biphaayurveda.com/ ♚In 1929, a gifted Ayurvedic Physician, Pappy Vaidyar, realised the need of an institution to meet the rising demand for genuine Ayurvedic formulations/ treatment. Bipha Drug Laborataries was established as a result of his efforts in Ochira, a small village in South Kerala. ♚https://www.kamaayurveda.com/international/
  • 10. THE GLOBAL BRANDS 🇧 🇧 BULGARIA 🇧 🇧 ROMANIA 🇧 🇧 RUSSIA 🇧 🇧 POLAND
  • 11. THE MASS SELLING PRODUCTS Natural Cosmetics which has mass appeal across the segments Aloe Vera Face Mask Skin Care Natural White Soil Henna
  • 12. RETAIL SHOP ✓Rent – 1500KD to 2000 KD ✓Decoration 20,000 KD ✓Inventory 50,000 KD ✓Salaries – 2500 KD/month ✓Advertisement 2000 KD/month to 3000 KD/month ✓Shop Opening – 15000 KD ✓Celebrities – 18000 KD per year – 1500 per month ✓Recommendation – Second Stage of Growth – After 18 to 24 months of starting business
  • 13. E SHOP ✓E portal and Application 6,000 KD +18,000 KD spread over the next 15 months. ✓Social Media – 500 KD Per Month ✓Advertising and Promotion 3000 KD per month ✓Celebrities 1500 KD per month ✓E Portal Management – 1500 per month
  • 14. E SHOP PROJECTIONS Day 0 Day 90 Day 180 Day 270 Day 360 Total PRODUCT SOURCING 15,000 15,000 15,000 15,000 15,000 75,000 E SHOP 5,000 5,000 5,000 5,000 20,000 EXPENSES 12,900 15,000 17,400 18,900 64,200 MANAGEMENT FEES 4,000 4,000 INVESTMENT 24,000 32,900 35,000 37,400 33,900 163,200 SALES 11,970 25,870 51,042 99,691 188,572 NET PROFIT (8,112) (2,552) 6,117 20,976 16,429
  • 15. RETAIL STORE Stage - after 18 months Retail Store 60,000 Inventory 30,000 Management Fees Total Upfront 90,000 Monthly Expenses for Retail Shop Promotion and Advertising 3000 Social Media 500 Celebreties 1500 Salaries 2500 Total 7500