The Beauty Of Cosmetics Stores Essay
Although the larger sized stores are replacing the small scale stores, which have dominated the markets, consumers are still looking to shop locally within the community and purchase quality products are discounted prices. As technology improves and online purchasing increases, ecommerce will compete for this market segment, yet community stores have the ability to cater to the neighborhood off setting and dominating a particular market demand. Heading in to 2020 the industry is expected to grow at an annualized rate of 4.9% reaching revenues of $25 billion dollars from consumers.
The Business Concept:
Black Diva Beauty Supply believes there is an existing disparity for small business ownership in specialized beauty supply…