Today we deep dive into one of the most shockingly controversial topics Tracey and I have ever covered on the YN Biz Talk Podcast.
What goes through the mind of a Nail Tech when they think about raising the price of their services?
For some, it triggers rage, frustration and maybe even a little fear.
For others, it empowers, boosts confidence and cue the fist pumpโฆ.a
little pride. Weโre wondering where do you stand on the issue?
We receive negative and angry comments calling us out as crazy or out of touch. Some call us thieves. We think not.
We donโt just pull random suggestions out of thin air; leaving you to
test them out on your own. Weโve got a healthy amount of industry
experience under our belts to know what really works. We donโt even
take it personally when you question our recommendations. (Maybe Tracey
winces just a little bit.) We welcome it. It give us a chance to check
in with our rich community of YN nail techs across the country and get
their feedback.
Here it is, letโs get down to the nitty gritty. YN believes in nail
techs of all experience backgrounds. We encourage you to raise your
prices because: Out of all the jobs in the world; you have chosen a
career in nails. Clap clapโฆyou, clever you!
You are skilled. You are creative. You have a great work ethic. You are your own boss. You like choosing your own hours.
So why wouldnโt you choose when to level up and give yourself a raise?
Stop here and take a few breaths to really think about it. Where does
the resistance come from? Are you scared to lose clients? Why? Donโt you
think youโre worth it? Are you sweating the competition? Donโt even
think about them. Are you feeling a little out of your comfort zone?
Push up against it. Are your skills not up to the price hike? Then
thereโs an area for career growth. Set goals. Work on it.
But if youโve been charging the same prices since you started, you are
definitely NOT giving yourself the credit you deserve. We know you are
not paying $50 for a cut and color. Forget a balayage for under $100. So
hop to it.
Visualize this, what would a $5 price increase per service look like?
Over the next year, that could mean an extra $5000- $7000 in your
pocket. What about a $10 price increase? It could amount to a serious
vacation slush fund.
Weโre just asking you to give it a try. To us, your time and talent is worth it. Youโre already the real deal.
Believe in yourself. Be confident. Be brave. Have a healthy
self-respect. Be You. Set up a pricing system that is honest and fair;
one that values your skills.
We promise the clients will follow.
Always,
Habib Salo, CEO Young Nails