Jago wig store is located in the Challenge area of Ibadan, Oyo State. There are many wig-making companies in the State but ours is unique because we offer the best wigs and hair extensions to our customers.
In making and selling wigs, we are concerned with the choice of customers, the colour of the attachment and the style of the wig.
Wigs are known to be sources of beauty and self-image for ladies. It saves them the stress of having to sit for long hours to have their hair plaited. Therefore, we select the best wig-making products to ensure maximum customer satisfaction.
Our location is moderately populated with nearby hair salons, supermarkets, houses and companies. The moderate population helps to attract customers to our business.
There’s also less operation of machinery and an adequate supply of electricity with good road access. Our wigs don’t have issues with getting damaged.
We often receive positive reviews for customers who use our products and this has helped to boost marketing. We are also available and active on social media sites where we communicate with customers and understand how to serve them better.
You can contact us @ Jago wig store on Facebook, Instagram and Twitter. We have the vision of reaching more customers and expanding our services to major towns and cities like Lagos, Abuja, Ilorin and Port Harcourt as we attract investors.
Our Goal
To become the top maker of quality natural hairs and synthetic wigs that will satisfy customers’ needs.
Objectives
- To provide quality wigs at affordable prices
- Become a leading maker of unique wigs
- Build a strong relationship with customers through excellent products and services
- To serve as an alternative source of human hairs
Products
- Human hair
- Attachments
- Synthetic hair
- Wig products
Services
- Offering training to wig makers
- Sales of quality wigs and hairs
- Storage and marketing of wigs
- Providing consultancy services
Why should you patronize our products and services?
We offer the best and latest wigs. Our wigs are not outdated and they are free from chemical substances that can affect customers’ health negatively.
Location
Most wig stores are located in sparsely populated and rural areas where few people know the importance of wigs. This reduces sales and productivity. The wigs also begin to wear out on the shelves due to low sales.
However, our location is specifically designed chosen to avoid these problems such that our location is moderately populated and in an urban area. There is smooth vehicular movement too.
Wastes are well disposed of to avoid pollution in the community. We offer excellent customer service too.
Competitive advantage for a wig-making business plan in Nigeria
What we offer is far above what you would find in other wig stores. Our services are exceptional and we don’t use outdated equipment. Our facilities are also adequate and functional, and customers can pay with different payment options when they come to patronize us.
We don’t run out of supply because we have a direct supplier of different types of hair from abroad and customers can see free samples of our products whenever they come to patronize us. We maintain a team of intelligent individuals who help to boost the business and its potential.
Equipment for a wig-making business plan in Nigeria
Our equipment includes:
- Industrial generator
- Mirror
- Chairs
- Hair mannequins
- Tables
- Wig stands
- Brand packaging materials
As a growing business, we aim to reach many customers while exporting our products and advertising our services to neighbouring stated and cities. We also plan to organize conferences and workshops to train prospective wig makers on the procedures.
Our expansion plan includes the purchase of more land spaces in the area to store wigs, boost productivity and meet up with the increasing demand. The cost of purchasing land and erecting structures is 3 million naira with an additional 2 million naira as expansion cost and the employment of qualified personnel.
Market Analysis
The company was founded two years ago and has since then reached more than one million customers. The target audience of our business is ladies, women, hairstylists, wholesalers, retailers, and hair extension lovers. Discounts are also offered during festive seasons. We aim to reach more than four million customers in the coming years.
Expected Profit
We are expecting a daily turnover of ₦330,000-₦360,000, which amounts to about ₦9.9million to ₦10.8million per month based on our output and demand for our product.
Management team
In no specific order, we have the best and most qualified set of management teams available.
Mr Victor Oba is a graduate of Business Administration from the University of Calabar. He also attended the Lagos business school. His input is valuable in the running of the wig-making company.
Mrs Saidat Ahmed has a degree in Accounting from the University of Jos. She is a registered accountant from the Institute of Chartered Accountants of Nigeria and is in charge of auditing the account to make sure that finances are optimised.
Our team also consists of unskilled staff who clean the environment. We have the best team of professionals who help to facilitate the business.
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