Is the teeth whitening business profitable this year?
This question has arisen over and over again for new entrepreneurs. Many people feel that it may be overly saturated as it is being offered in every high street corner, so competition can be a worry.
With Hollywood Whitening™, we have no competition, we are the competition!
Your success relies on how well you conduct your business and the brand you are using. Hollywood Whitening™ technicians have no problem getting the customers through the door, why? Because savvy consumers know that our products are superior.
Although USA is one of our main market, but last year alone we referred £70,000 worth of customers to a clinic in London, that’s averagely 9 customers a week just from our referral programme alone, excluding the clinic’s own marketing. A very happy clinic owner indeed. Not bad for an investment of around £1000 and no monthly costs for referrals.
How much should I really charge?
Did you know in the 90s clinics were charging up to a £1000 for a single tooth whitening treatment. We have been there and done that, but today, it’s averaging at £99 per customer.
The difference is huge, but the profit margin is higher in 2015. Why is this? Simply because our manufacturing processes are cheaper, more consumers are aware that it is a cosmetic treatment rather than a medical treatment. It can be easily carried out in a space of a lunch hour, fuss free. We say it is better to do 40 customers at £99 rather than 2 customer at £1000 a month. With a Hollywood Whitening brand, you can always charge more than others.
This business is expected to rise in the next 5 years. It is better to start your business sooner and get yourself established now rather than later. Don’t let your competitors’ cash in first.
So what is the downside to the teeth whitening business?
Ever since the birth of teeth whitening business in the 90s, many teeth whitening businesses get a lot of haters when they are successful. Especially from those who overcharge and want to regulate the industry, overturning it to a medical procedure instead. But don’t worry, you have our back-up and thousands of others that are using our products. Just let the haters hate and the lovers love. You will continue to get customers walking through your door, as this remains a cosmetic procedure. If done correctly you will gain a lucrative and legitimate cosmetic business, otherwise it may be classed as medical if you are misinformed or untrained.
Become a Hollywood Whitening member today, and be part of the largest teeth whitening innovator in the world. Why not start the teeth whitening training and business today!
*Methods, products, results, and distribution varies depending on professional status and jurisdictions.