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With inflation, rising living costs and increasing expenses, raising your prices is critical yet also terrifying. In this comprehensive strategic guide, Coach Nikki Le walks you through the core elements of sustainable, practical and profitable pricing that empowers you to set rates that honor expertise and rising costs, while creating a solid foundation for career growth.
Are you making a profit on each of your salon and spa services, or are there some that are costing you? Coach Jen LeBlanc shows you how to calculate your break-even point.
The perfect storm to boost salon/spa service pricing is upon us, says Strategies Neil Ducoff--and not a dollar or two, but a significant price increase. Find out why.
As an example, dry cleaning a woman's suit jacket for $12 and a man's suit jacket for $8 would constitute a violation of law. Will pricing differently for men and women's haircuts fall under the same reform?
Would you dare to post your service prices on your hair photos for your followers to see? Gina Bianca breaks it down—and has nothing to hide.
By the hour, by the level, by the bowl. Those are just some of the ways stylists are setting their rates for specialty hair color. Specialty color is hard work so don’t sell yourself short. Specialty color is also creative, and here are some creative ways stylists are charging for their artistry!
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The more you know, the more you save and the more money you make. That’s true of everything in your business. When you’re informed, you can make informed decisions. Knowing your numbers when it comes to hair color usage is particularly helpful because it’s so easy to over-use product and undercharge for services. Here’s how three salons, with the help of Vish software, http://www.getvish.com/demo/salontoday were able to analyze the data available at their fingertips to determine which services were losing money and which were producing healthy profits.
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A new feature from Vish makes sure your staff members document every color service their clients receive, preventing color revenue from walking out the front door.
For many hairdressers, the topic of raising prices and facing clients seems so overwhelming that they let years pass without broaching the subject. Here, Artist Connective member Derek Cash share his tips for managing your service prices.
Salon Interactive's Jim Bower helps beauty professionals navigate the different types of requests for service discounts, weighing when it's worth investing in a client and when it's not.
