Nex Skincare Business Model

Nex operates a hybrid model built for premium positioning and scalable repeat revenue.

• Direct to consumer sales via Shopify

• Subscription model to drive repeat purchase and predictable revenue

• Luxury retail partnerships, including targets such as Harrods and Alshaya

• Clinical and professional channel, clinics and practitioner led retail

• Average gross margins of 45 to 60 per cent

Syed’s Tip:
If you can’t sketch it on a napkin, it’s too complicated. Find innovative ways to make your service or product financially viable, so the end user can fund the purchase based on the value your product or service creates. This is the quickest way to scale up!

Insights & Secrets:

• Show all revenue streams.

• Add pricing and margin logic.

• Emphasise recurring income.

• Include cost breakdowns only if relevant.