[284] Ever wonder why some salons can charge the big bucks while others struggle to make ends meet? This episode rerun, featuring salon industry coach David Barnett (High Performance Stylist), is a goldmine for owners looking to nail their pricing strategies.
We discuss the elusive balance between cost and value, break down how understanding your break-even point can lead to a thriving, profitable business model, and share wisdom on identifying when your salon (or staff) is ready for a price increase. Plus, learn effective ways to communicate said increases to your clientele, turning the process into a celebration of your stylists' success and smoothing the transition.
Originally released in April of 2018, as part of Season 2.
Links:
Connect with David Barnett on LinkedIn: https://www.linkedin.com/in/highperformancestylist/
Read Vish's Whitepaper: https://shorturl.at/zLQW3
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This episode was edited and mixed by Audio Z: Montreal's cutting-edge post-production studio for creative minds looking to have their vision professionally produced and mixed. Great music makes great moments.
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Read the transcript, or click here to learn more about Phorest Salon Software.
Inside Phorest: Embracing the New Virtual Reality With Video Consultations
Jen Baudier on Operating Salons With a Profit-First Mindset
Kristina Russell on Consultations & Creating Bespoke Colour Journeys
Hellen Ward on Using KPI Data to Assess Staff Performance
Joshua Howard & Britni Volkman on Benchmarking as a Tool for Continued Salon Growth
Inside Phorest: Text Conversations With Your Clients, at Your Fingertips
#CEA2020: Celebrating Excellence in Service
Georgia Bell on Mentoring, Commitment & Investing in Yourself
Karan Burke on Leading With Humility & Drive
Inside Phorest: Your 5-Star Fan Club Is Waiting
Alison Alhamed on the Life-Changing Power of Community
Inside Phorest: Slicker Than Ever Marketing to Help Fill Your Calendar
A Trip Down Memory Lane: Sarah Doyle on Two Decades of Phorest Features
Derek Anthony on Growing a Seven-Figure Business Using Mobile Technology
James Davis on Leading Through Change & Becoming a Community Linchpin
#BackInBusiness: Irish Salons Share Their Reopening Experiences
Inside Phorest: Prepare and Protect With Pre-send Consultation Forms
David Campbell on Growing Your Own Timber
Meabh Quoirin on Consumer Trends & Insights to Shape the Industry’s Future
Stacie Collier on the Inspiriting Aspect of the #30Day2Grow Challenge
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