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Human Hair Characteristics and Selling Tips
- Luxury item: Human hair is a luxury item with different natural qualities.
- Virgin Hair: Virgin hair, sourced ethically and pure, lasts longer than other human hair.
- Profitability: Selling human hair for weaving can be profitable by following specific selling tips.
Wig Industry and Market Insights
- Quality Determination: The quality of the hair in a wig contributes to 50% of the price.
- Top Quality Extensions: Brazilian hair bundles are considered top quality extensions in the market.
- Market Competition: Countries like India, China, Cambodia, Vietnam, and Myanmar compete in the raw human hair export market.
Financial Aspects and Market Value
- Profit Calculations: Retail hair profit margin is 50-100%, leading to significant profit margins.
- Hair Value: Women’s hair can be sold online for prices ranging from $100 to $4,000 based on quality.
- Market Size: The human hair industry is a multibillion dollar market, offering lucrative opportunities.