Salon Management

Tip The Scales: 5 Color Metrics to Drive Salon Profits Now

How much would it help your salon with your recovery effort if you could bump up the profit margins on your color business?

In this special report from Vish, a company built on metrics, salon leaders can tap into new layers of recently aggregated, industry-wide data on hair color usage, then learn how to grow beyond the averages to tailor their salon’s own specific color processes and pricing.

To ensure the salon business is maximizing profits effectively, five key color metrics presented by Vish CEO Joshua Howard frame a strategy to improve color efficiency, innovation and growth.

This paper also will study:

• Color-Conscious Behaviors: From weighing and tracking formulas to accurately recording every color service purchased, discover how your team’s behaviors impact your profits.
• Grow Beyond the Averages: Understanding not just the industry averages, but the broad variances in those average, can help you price accordingly.
• Pricing for Profitability: Across the industry, profitability on different color services vary dramatically, by an average of 20%. Do you know the profit margins on your different services? Find out what is recommended.
• Pricing Structure Options: Examine the different ways to price your color services from all-inclusive pricing, separating product and labor, and establishing product allowances.
• Weighing the Benefits: Discover how the right color tool will help you price color services, track stylists’ progress in reducing waste, and ensure more efficient formulas without getting in the way of the creative process.

By Vish