Editor's Note: Take a Risk and Raise Prices
Although nail technician income has risen steadily, at least keeping pace with inflation, prices on most services have barely budged upward in two years, and some service prices have dropped.
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Although nail technician income has risen steadily, at least keeping pace with inflation, prices on most services have barely budged upward in two years, and some service prices have dropped.
From breaking free of external validation to creating joy-based goals, discover a more sustainable and fulfilling path to success.
Many of you are concerned that when an increase is implemented, clients will leave, and in some instances, this may be true. But you must not forget future goals, and you must keep pace with increases in supply costs, education expenses, and other overhead cost expenses.
Start by raising prices, then follow by reducing expenses, continuing your education, and managing your time. Then watch your income grow.
I love teenage clients. Well, I traditionally have loved teenage clients. But the last two or three years now have increasingly highlighted the growing chasm between a 40-something Maggie and the 16- to 18-year-old girls from
Holly Schippers AKA FingerNailFixer was the keynote speaker at the 2016 NW Nail Tech Retreat. Watch her speech as she explains there is no excuse sufficient enough to devalue your time and offers a reasonable explanation to raise your service prices.
If clients keep pouring money into your salon, but none of it is flowing into your pockets or the salon's coffers, it's time to re-examine your compensation structure. After all, why follow the competition's lead if the road heads toward bankruptcy?
In a hypothetical numbers game, Holly gets real about why you should start charging your worth.
Thing is, we all love nail polish. For most of us, our introduction to the very concept of nails as part of our overall fashion image goes back to the first time our moms — or
Is your salon ready to raise prices? Getting clients to accept a price increase gracefully depends largely on how it is presented to them.