Business Name: Scrunch It Up
Instagram Page: scrunchitup_ (148) paigexmitchell (2995) hannah.mcclure_ (1532) followers
We hand make hair scrunchies using the best quality material. We have many different colours, fabric types & patterns. We conducted and continue to do market research at retail stores in order to know where to price our product. We sell our scrunchies at local flea markets and school events in the area. We have a constant flow of business because we take orders. We advertise on Instagram and FB. We have a combined following of 4675 followers on Instagram. I listen to Garyvee’s podcasts to learn about social media marketing.
Our most popular scrunchies are in school colors & for sports teams who want unison. But we do sell a lot of patterned & glitzy ones for weekend wear.
We see ourselves as trend setting girls and know our scrunchies look good in all our customers hair, from buns, braids, plats and pony tails.
We have made close to R 6000.00 in sales in the last 3 months. We have each opened up long term savings accounts to earn interest on our profits. We started out selling off a flat table and our parents have made us a beautiful standing display peg board for ease of sale. This business has given us an entrepreneurial flair, Hannah also makes biscuits and I make muffins which we sell at school. And we have both learned a new skill – sewing.
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What is this about?
Students in Grade 8 to Grade 12 can enter their existing money-making venture, hobby or business and stand a chance of winning R100 000. Four runner-ups will each receive R10 000 worth of coaching for their businesses.