Skin Care Business Success Stories [2024]
Thinking about entering the booming skincare industry? A skincare business could be your gateway to tapping into a market driven by growing consumer awareness and demand for personalized products.
In simple terms, starting a skincare business involves developing, branding, and selling products designed to improve skin health and appearance. You’ll begin with market research to identify gaps and opportunities, formulate your products, often with help from a cosmetic chemist, and navigate regulations to ensure compliance.
Creating your own skincare line is not just a business venture; it’s a passion project that allows you to cater to a diverse range of skin needs. Your unique formulations could meet the growing demand for natural and organic products, tapping into trends that continue to escalate.
Embark on this journey, and you'll find it’s more than just selling creams and serums—it's about creating confidence and trust in every jar.
In this list, you'll find real-world skin care business success stories and very profitable examples of starting a skin care business that makes money.
1. Bey Moss ($1.2M/year)
Nick Bey, the founder of Bey Moss, came up with the idea for his business after hearing about the health benefits of sea moss from rapper Nipsey Hussle. He decided to sell sea moss products to his wife's large social media following and quickly sold out of his first batch, validating the demand for the product. With his background in computer programming and his wife's sales expertise, they were able to build Bey Moss into a successful e-commerce business, making over $800,000 in revenue to date.
How much money it makes: $1.2M/year
How much did it cost to start: $500
How many people on the team: 10
Bey Moss, an e-commerce platform selling sea moss-infused health and wellness products, made over $800,000 to-date with less than $10,000 overall in ads after validating the product idea through reviews and feedback and leveraging their social media following to build a Bey Moss community.
2. Dermabeam ($180K/year)
Takashi Yanagi, the founder of Dermabeam, came up with the idea after struggling with severe acne and eczema for years. Through his own healing journey and exploration of light therapy, he discovered the benefits and decided to create comfortable and user-friendly light therapy masks and panels. Since launching in September 2021, the company has generated $125,000 in sales and aims to become the largest light therapy company in the world.
How much money it makes: $180K/year
How much did it cost to start: $50K
How many people on the team: 1
Dermabeam's founder Takashi Yanagi went from being suicidal in 2019 to launching his light therapy mask business in 2021 to tackle the $100B skincare industry, achieving $35K in sales in the first year and $90K in the first half of 2022, and aiming to become the largest light therapy company in the world.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.