AHP Indie Stylist

Volume 3 Issue 1

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N ot a m e m b e r ? J o i n at a s so c iate d h a i rp rofe s sio n a ls .c o m 75 treatment rooms. Deliver the message in person if possible. In addition to signage, a simple reminder at each appointment can be added to check-in or check-out protocols. Maximize your communication tools. Create a notice on your website or booking page and on social media. Keep it friendly, informative, and short. If you make personal calls to confirm appointments, create a script that you or staff members can use. If you use text messages for confirmations, you can easily add a few sentences to the message. A sample script may be as simple as this: Hello Jane, you may have seen our (email, sign, social media post) that we will be raising our prices on (date). Then, be proactive: I'm calling today to offer you the chance to book an appointment before (date of implementation). Don't apologize. Most guests are aware of rising prices in the service industry. They are more likely to appreciate you giving them some level of notice. Be friendly but firm. Some long-term guests may try to wheedle you for a loyalty discount. The price increase is not because you want to gouge your favorite guests—it's simply a good business decision. BENEFITS OF RAISING YOUR PRICES According to the 2021 MindBody State of the Salon and Spa Industry Report, price was an important consumer driver for choosing a particular business (49 percent), but cleanliness (36 percent) and having a skilled service provider (29 percent) came in second and third. 4 There are many benefits to raising your prices. Having additional cash flow will not only help you stay in business but will also help you grow your business. It may allow you to purchase new or additional equipment, make improvements in your physical space, or help fund additional education. These actions add value to the business and the services you provide. Another benefit to consider is that you may be able to weed out troublesome or difficult guests. Those who value you will stay with you. You might be surprised by the response you receive. If someone chooses to go, remember that a door is now open to a new client. If you decide now is the time for a price increase, do it with confidence! Having a clear picture of why you need to raise prices and a plan for implementation will help the process go smoothly and with the least amount of pushback or stress. Notes 1. Richard Koch, The 80/20 Principle, Third Edition: The Secret to Achieving More with Less (New York: Currency, 2011). 2. Amanda Baltazar, Wellspa360.com, "Tips on How to Raise Your Spa Menu Prices," December 22, 2017, www.wellspa360.com/business/tools- tech/article/21153790/tips-on-how-to-raise-your- spa-menu-prices. 3. Uptal M. Dholakia, "If You're Going to Raise Prices, Tell Customers Why," June 29, 2021, www.hbr.org/2021/06/if-youre-going-to-raise- prices-tell-customers-why. 4. MindBodyOnline.com, State of the Salon and Spa Industry Report 2021, accessed April 2022, www.mindbodyonline.com/business/education/ research-report/state-salon-and-spa-industry- report-2021. rodnae productions/pexels

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