With the high demand for human hair in most parts of the world, the import and export of human hair online have become a trending business. Although this human hair ranges from Brazillian to Indian etc hairs, their prices and demands also differ accordingly.
In 2021, India was known to be the largest exporter of raw human hair worldwide, with exports amounting to around 165 million U.S. dollars, followed by Hong Kong, with exports valued at about 4.1 million U.S. dollars. But recently, there has been a reported increase in China.
However, Brazilian hair bundles are of the highest quality of human hair extensions which is totally natural and not processed through chemical methods. So if you are looking to start a hair business online, you might want to consider Brazillian hair first cos it is widely used in nowadays hair market.
How to Import and Export Human Hair Online
This article is a guide on how to help you to import and export human hair online and make cool money from this profitable business. Since the business is capital intensive, you might want to study it properly to avoid loss of capital and ensure maximum profits.
- Product Research
You need to carry out thorough product research to determine the products in demand. This research will also help you to decide the source of importation of your wigs and the point of sale(export). Ensure you choose products that have a high demand and are easily available for import and export purposes.
- Source & Shipping
If you wish to import and export human hair, you need to consider your source first. Your source is the place where your hair is gotten from. Decide the type and categories of hair you wish to market as it will help you decide your target customers. You may also need to take into consideration the mode of shipping and the import and export laws.
Moreover, shipping regulations differ from place to place but there are no special regulations for shipping hair extensions and wigs, whether they be made of human or synthetic hair. They also do not enter into the jurisdiction of the FDA (if you are shipping to the US). Unless you’re importing from a Column Two country such as Cuba or North Korea, human hair isn’t subject to duty. On the off chance you are importing real human hair from a Column Two country, a vanishingly small chance given import restrictions, nevertheless, you will either pay 20% or 35% duty.
- Set up your Marketplace
Since your business is to be done online, you may need to set up your marketplace or online store. Your online store could be your website, your social media pages, or via a popular online store like Amazon and Etsy. Set up your online account, including mode of payment, delivery, etc.
Making adequate and prompt deliveries is important to the growth of your business. You need to ensure that you handle your logistics department accurately to avoid delays and complaints. Build trust and confidence by keeping to your words and as such your logistics should be a high priority.