February 16, 2021 – Lyric Roberts, of Brooklyn New York, has shown great interest in becoming an entrepreneur in the beauty and hair industry from a very early age. When Lyric was 5 years old, she expressed to her parents that she wanted to have a store that sells beauty supplies and hair products. Her parents researched the beauty and hair industry. In the United States alone, the beauty services sector employs over 670,000 people, and its job growth outlook is “faster than average” according to BLS data at a rate of 13% (2016-2026).
According to a study, it was worth $532.43 billion in 2017 and is expected to reach a market value of $805.61 billion by 2023. In the United States the estimated value of the hair care market was about 47 billion U.S. dollars in 2016 and that figure is expected to grow to over 50 billion U.S. dollars by 2025.
Beauty by Lyric was established in October 2020. Beauty by Lyric carries makeup, skin care products, wigs, hair care products, styling tools, and wellness solutions. Lyric is involved in inventory selection, marketing and other day-to-day operations of the business. Members of the text marketing club receive special discounts and promotions.