So, short hair is in style. An above-the-shoulder bob is considered chic. Next time you’re considering a drastic change, why not do it for money?
Now, a trend of selling your luscious locks is flooding the Internet. Websites like thehairtrader.com are letting users post photos, and sell to the highest bidder. Although it’s an easy way to make money, the ethical issue arises that it may be more beneficial to others to donate the hair to charities.
Who buys? Extension and wig makers are constantly looking for hair that has never been dyed, and stands in good health. Recent auctions on thehairtrader.com have reached $2,025.
I guess you can put a price on beauty.
Credit Crunch Hair Selling
Websites Let Desperate People Trade Their Locks For Cash
Trend Themes
1. Selling Hair Online - Disruptive innovation opportunity: Create a platform that connects hair sellers directly with extension and wig makers, cutting out the need for auctions and increasing efficiency.
2. Short Hair Trend - Disruptive innovation opportunity: Develop innovative hair care products catered specifically for shorter hairstyles to meet the growing demand in the market.
3. Hair Donation - Disruptive innovation opportunity: Create a digital marketplace that connects individuals willing to donate their hair with charities and organizations serving individuals in need.
Industry Implications
1. Hair Trading Platforms - Disruptive innovation opportunity: Develop a hair trading platform that leverages blockchain technology to ensure transparent and secure transactions, revolutionizing the industry.
2. Hair Extension and Wig Manufacturing - Disruptive innovation opportunity: Incorporate 3D printing technology into hair extension and wig manufacturing processes to customize products and reduce production costs.
3. Beauty and Hair Care - Disruptive innovation opportunity: Integrate artificial intelligence and augmented reality technologies into beauty and hair care apps to offer personalized styling recommendations and virtual try-on experiences.