CosmoBiz Magazine July 2017 | Page 62

10% off, 16% off the content Percentage of long-to-short hair ratio Mark length (1 inch extra is normal) Until about 2011, most hair packages came in an agreed upon weight of 113g. According to our research, Midway and Shake-n-Go, who were among the mid-priced yaki hair leaders at that time, used 113g of hair products setting the trend. However, the sit- uation began to change as box-based orders be- came the usual. Retail- ers mistakenly thought they could buy cheaper if they ordered products in a box, but the weight was cut down to about 95 grams. The price has been reduced by about 10%, but the weight has been reduced by as much as 16%. Thanks to this gimmick, less honest companies hit the jackpot. Sales amounts were increased and the profits increased in ad- dition. As retailers have not noticed, other hair companies have been forced to follow the weight change, and now 100g is the norm. It can also be said that it is a technique of business, but the results have come back to haunt us. Consumers have noticed. With a 16% weight reduction, what used to be a two-pack style has become a three pack one, and the confi- dence of black consum- ers in beauty supplies is breaking down to an un- recoverable level. This is not the fault of the hair companies alone. The quantities are not shown on the packaging, which means it is up to the hair Let’s see the weight of hair (100g is normal) company to reduce or increase the content. With no reg- ulation set forth by any governing body on the subject of hair, it becomes the responsibility of both the retailer and the consumer to hold companies accountable. The price of a package of hair must equate to the weight. Some companies, such as Vivica Fox Hair, have heard the consumers concerns and are working to rec- reate the image of beauty supply hair. With their guar- antee, Topaz is heralding what we hope is a new age in the world of hair, one where companies take responsi- bility for their part in the supply chain. More than just taking responsibility, the Vivica Fox guarantee ensures that consumers are made aware of their part as well. By creating an industry where consumers know to ask for better quality and better honestly everyone involved can do better. With Vivica Fox Hair company announcing that it will guarantee product quality by launching Topaz, it seems that the beauty industry will enter a new era. Maybe it will be an opportunity to create a new busi- ness culture by putting an end to the era of quantitative expansion and open the age of qualitative growth. The success of Topaz, is now a milestone in deciding the future of Beauty Sup- plies across the na- tion. If Topaz’s marketing strategy, which guarantees 150% quality, is suc- cessful, all other hair companies will have similar policies, and the beauty supply industry will open up the era of quality competition. Vivid Fox’s Topaz seems to have become a mea- sure of the success of the beauty supply. 61