Raising the Ceiling on Retail Profits
To make money selling retail, you’ve got to commit-commit to allotting space for displaying your ware, commit to providing incentives for technicians, and commit to patiently building your business.
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SEARCHMENUSEARCHTo make money selling retail, you’ve got to commit-commit to allotting space for displaying your ware, commit to providing incentives for technicians, and commit to patiently building your business.
You can earn more money in the nail business by continuing your education, offering a variety of services, and by simply sticking with it.
An incentive-based compensation program that’s tied to pricing motivates nail technicians while increasing the salon’s bottom line. It’s a win/win situation for everyone.
Salon owner Lynette Kirsten offers her technicians an opportunity to share in the success of her salon by sharing the profits.
Nail technicians, who continue their educations actually earn more money on services than technicians who do not take classes.
Keeping staff happy, satisfied, and fulfilled can be the biggest challenge salon owners face. Yet, somehow, many salon owners and managers retain employees long-term and manage to keep them happy. What innovative programs are salon owners implementing? What do employees really want?
If a nail technician splits with the salon owner the profits on any retail she sells (just as she splits the cost of her services) the nail tech would have a tremendous incentive to sell more.
How can I earn more? Which system is best?