Salon Today
MenuMENU
SearchSEARCH

Gift Card Sales Help Salons Stay Afloat

According to the most recent research from Kline PRO USA, gift card sales soared during the mandatory salon shutdown period, as clients offered hope and a lifeline to their favorite beauty professionals.

by Paula Gottdiner, Project Manager
October 29, 2020
Gift Card Sales Help Salons Stay Afloat

 

2 min to read


Many salon clients across the United States went into panic mode when salons were closed because of the COVID-19 pandemic. Consumers’ initial thoughts revolved around how they would maintain their look without a regular salon visit, but as the shutdown extended from days to weeks to months, concern shifted to the salons themselves. Customers realized that salon owners and stylists—people they depend upon and trust, people who are often neighbors or friends—had their livelihoods snatched from them with no warning.

In response, those consumers came up with a way to help in a big way: Gift cards became a means to extend a cashflow lifeline. According to Kline PRO USA, which tracks salon retail product and service performance, the average value of a gift card jumped from $30.74 in February to $132.45 in March and hit a whopping $257.75 in April. Even though salons began to open in May, clients continued this method of support through the second quarter, resulting in gift card revenue coming in 41.3% more than Q2 of 2019.

Ad Loading...

This grassroots effort of patrons supporting salons not only provided cash, but it also gave hope—hope that once the salons opened their doors, clients would return to redeem the gift cards for long-overdue services, stock up on favorite brands, and make that the next appointment before leaving.

Kline PRO is a comprehensive interactive database that enables users to access the latest performance data on the professional hair care industry. Based on actual salon transactions from a panel of thousands of salons, it yields category, brand, and product-level sales and service data on a quarterly basis.

This article originally appeared on klinegroup.com.

Subscribe to Our Newsletter

More Salon Management

woman in salon scanning product with her phone

The Art of the WOW Experience

Discover how to create a true “WOW experience” for every client by first building a culture where your team feels engaged, empowered, and inspired. Drawing on Calvin Stovall’s Iconic Framework, this blog explores how salon, spa, and clinic leaders can strengthen culture, elevate customer experience, and build a business that stands out for the long term.

Sponsored by Phorest Salon Software

Ad Loading...
Headshot of Kati Whitledge

Appearance Standards are the New Dress Code

In Kati Whitledge's latest blog, she shares how salons have moved away from dress codes and embraced appearance standards. But by removing strict dress codes, some businesses may have unintentionally lowered their appearance standards. Whitledge helps you explain to your team why an appearance standard is important and how to smoothly implement a new appearance policy.

Ad Loading...
Paul Petrowsky, manager of Impressions

The Constant

Starting at Impressions front desk in 2006 when he was 19 years old, General Manager Paul Petrowsky is a seasoned professional who owner Sarah Taylor says is responsible for much of her own success.

Ad Loading...