As of 2014, the IBIS World Industry Report estimates that this niche of the spa industry was an $11.7 Billion industry in the U.S. Today, day spas and salons are joining forces with physicians to create an entirely new industry of Medical Spas bringing a health benefit to a population which has become increasingly unhealthy and stressed. With increased attention on health and wellness in the world, this industry continues to grow and accordingly demand for industry related product grows as well. This website was created to capitalize on the market growth trends as well as the owners own industry experience. The online store specializes in selling the top brand products in its niche and as an authorized dealer for the brands offered, each piece includes the original manufacturer full warranty. As a 100% dropship business model, products are shipped direct from suppliers to customers. The business is successfully operated by the current owner who works about 2-3 hours per week and with two contractors working minimal time handling customer service, phone support, order fulfillment and bookkeeping. With no inventory to stock and streamlined operations, this business model is simple and requires minimal time commitment for one owner currently providing an essentially passive income source. It is a great opportunity to walk into a turnkey operation that is home based and capitalize on the established foundation with key vendor relationships to take it to the next level of growth!
The timing is great to grow this business being new enough that all of its growth lies ahead yet it’s established enough to have real footing in the industry. Some ideas for future growth include adding more suppliers and products to the website, initiating a monthly newsletter, advertising through other channels and increasing SEO efforts.
Having industry experience, top notch customer service, carrying only the top and offering free shipping gives this business the competitive advantage over others in this space.