Business Idea:
Personalized Home & Beauty Products
Problem:
Mass-market shampoos and supplements lack personalization, often ineffective for individual needs.
Solution:
Create custom shampoos based on hair type, personalized supplements addressing unique health goals, using data analysis.
Target Audience:
Health-conscious consumers, beauty enthusiasts, those seeking tailored wellness solutions.
Monetization:
Subscription models, direct-to-consumer sales on Shopify, personalized kits.
Unique Selling Proposition (USP):
High customization, leveraging data to create products perfectly suited for individual needs, improving effectiveness.
Launch Strategy:
Develop a simple quiz or hair analysis kit, run early enrollments, then scale on Shopify with focus on personalization and subscription.
Watch the full My First Million Episode on Youtube:
Shopify founder: “$100M dollar brands are being built for boring products”