Yeah cosmetic might be a big market but competition is really fierce too. Going into the cosmetic sector without a team that would do your R&D would make you indefferent from existing products. Since you are starting from scratch an don’t have an optimized production line you wouldn’t be able to attract customers by cheap products too. Since you are not a well known brand too you would not be able to get any share in the market that would make you go bankrupt.
Just a Crow
Yeah cosmetic might be a big market but competition is really fierce too. Going into the cosmetic sector without a team that would do your R&D would make you indefferent from existing products. Since you are starting from scratch an don’t have an optimized production line you wouldn’t be able to attract customers by cheap products too. Since you are not a well known brand too you would not be able to get any share in the market that would make you go bankrupt.