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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!
Sponsored by SalonCentric
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.
Sponsored by Vish
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.
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.
Pricing your extension services is based on many factors—the type of method you are doing, how much experience you have, your location, and how many other stylists in your area offer that method.
Developed by a colorist and former salon owner, the color management software system Vish eliminates waste, ensures consistent pricing and accurate record keeping, automates inventory and maximizes profitability on the salon's most popular service. Discover how it works.
Sponsored by Vish
As a salon owner, it’s part of your long list of responsibilities to run a profitable salon. Building a profitable salon means providing your team, and yourself, with opportunities for freedom, security, benefits, growth, education and much more! But like most aspects of running a business, it’s not an easy task. Here's some advice from SALON TODAY blogger, Kati Whitledge.
Pricing is one of the most important business decisions you will ever make as a haircutter. Here are five tips for effective pricing and price management.
Tabatha Coffey was at Matrix Destination and sat down with MODERN to share her tips on business including raising prices and No-compete contracts.
Two Chicago salons are gaining recognition for pricing based on hair length rather than gender. The system has proven to be not only socially impactful, but also business savvy.
