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On one hand, we are excited to finally have these detailed industry statistics, which include the employment benefits nail technicians receive, how much they spend on supplies, and what they earn in tips, among many other factors. On the other hand, it was discouraging to see that the average weekly income of professional nail technicians has dropped.
There’s good news and bad news in this year’s income study: nail technicians’ average weekly income from services dropped by $15, but retail commissions and employment benefits are on the rise.
Nail technicians may lament the proliferation of discount salons, but low-cost nail services have broadened the nail care market and forced the industry to improve its image and raise its standards.
Deciding what to charge for your services isn’t always easy, but it helps to know a few basic pricing facts.
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.
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.
All you have to sell are your time and your service. Have the confidence to raise your prices, back them with education, and know you’re worth it.
Most reasonable people expect prices to rise every year or so, so don't be afraid to raise your prices regularly.
Can there really be an $82 difference in basic salon services?
Today's gel systems combine flexibility, strength, and plenty of profit potential
For those of you contemplating beginning the new year with a cut in prices in order to remain “competitive,” consider first how costly such a move may actually be to your bottom line.
Cutting prices to spur business may not be the best approach.
