The Intro Bit . . .
Today we are talking all about “Value Pricing” or value based pricing and I belive this is the ONLY way to price your treatments to ensure you are getting the price right and therefore the right remuneration for you (and your teams’) very hard work.
The Show Notes . . .
What is Value Based PricingHow to apply this to your businessA few Examples along the wayWhat IS Value Based Pricing?
Download the FREE Worksheet to help you value price your treatments for maximum profit!
Is price the only reason that people buy or not?
An Example: How does Waitrose (the supermarket) exist?
Value Based Pricing looks hard . . . . why should we bother?
Salon Owners: Want to make more money for the treatments you perform? Listen to this podcast . . .
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How to Value Price Treatments . . .
Step One: Start with the Base Price
Product CostsWage CostsOverheadsNote: How Ellisons Professional Beauty supplies blew me away!
Step Two: Investigation Time
Survey Your Customers (actually ASK them QUESTIONS)Step Three: The Top End and the Bottom End
Step Four: Bring It All Together
Step Five: Shout About Your Values
Remember you can . . . Download the FREE Worksheet to help you value price your treatments for maximum profit!
Found VALUE in todays episode . . . . please leave me a rating or review on iTunes! (Click Here) and then click “Open in iTunes” to leave a review!