Palm Beach, FL— An innovative perspective within the skincare industry is enhancing the ability for all aesthetic providers to invest less financially and have flexibility with their most important budget components: product and training. Mi Glo MD Skincare shares its medical-grade formulations and embraces providers of all sizes by eliminating the need for minimum order buy-ins.
The policy allows aesthetic providers to order what they need when they need it, helping with inventory control and lowering the up-front expenses. This inclusive, flexible policy is a way to help new and established aesthetic providers offer the best possible outcomes for their clients. SkinHealth Studios goes a step further. Located in Palm Beach Gardens in Florida, this organization has built a facility that allows an aesthetic provider to rent a room for a growing practice. In addition, the Elevated Aesthetician program offers both online and in-person training that focuses on expanding providers’ client treatment knowledge and improving their hands-on skills, all while learning the essentials for solo practice and the complexities of aesthetics. Their curriculum includes advanced aesthetics and essential business principles.
‘The global skincare market, valued at $145.3 billion in 2020, to reach $189.3 billion by 2025 depending on Statista report, it is experiencing a tremendous growth opportunity and room for innovation,’ says Tammy Napoli, founder and CEO of Mi Glo MD Skincare. ‘The world market shows a 5.6% CAGR, demonstrating a sustained demand for natural and organic skincare products. For example, informed consumers are looking at what they put on their skin, asking what ingredients are in their skincare products, and demanding that their products are sourced sustainably and with a mindfulness for the environment. Advanced technologies will be important in the skincare industry, from AI to personalized skincare products to more tailored outcomes and solutions and truly individualized prescriptions based on an individual patient’s skin type and concerns. Given all these different directions and trends, it’s evident that the industry will require excellent branding, marketing, and product differentiation to succeed in this competitive landscape.’ These initiatives, she says, offer products at an accessible price point. ‘And our professional spaces provide support and education to educate aesthetic providers in evolving their practices.’
Tammy Napoli has spent more than a decade in the aesthetics and skincare field, working with notable companies like Walden MedSpa and Dr. Kinsley Plastic Surgery. It was this decade spent developing ever more effective solutions to both medical and simple cosmetic skincare issues that led Napoli to found her own company, SkinHealth Studios, in 2018. This company exists to help aesthetic providers with the backend infrastructure needed to launch and grow their businesses.
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Tammy Napoli