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September Thrivers Digest
Welcome to September! We're here to help you gear up for Q4 with the latest industry news, Thrivers updates, and more!
Next Digest Goes Live: October 9th!Â
SEPTEMBER'S EDITION INCLUDES:
Coach Carly's insights on premium and peak pricing strategies for the holidays
↓Can't-miss details about the upcoming BONUS T&Ds for ALL Methods!
↓The Thriving Stylist Tour has a new stop in CHICAGO!
↓“How wonderful it is that nobody need wait a single moment before starting to improve the world.”
- ANNE FRANK
Thriving Stylist Tour
Join Britt and other like-minded stylists and salon owners for an afternoon of business breakthroughs, including hot seats and the state of the industry today so you can find the ONE THING your business needs.
Upcoming tour dates:
Hey Thrivers! Coach Carly here with a little pricing-for-the-holidays chat.
Yes, I know it seems like we can't possibly be there already, but the holidays are right around the corner.Â
For many of you, that means too many clients wanting to get in and not enough time. It's so important to start preparing for that situation now because the last thing you want is to be burnt out and dealing with upset clients who can't get in before their family get-together.Â
Here's how to get started:
1. Consider whether to do a price increase right now or wait until the holidays (or even January).
Remember, the best time of the year to do a price increase is right now because people are less likely to want to go find a new stylist before the holiday season.
If you've earned a price increase (based on the seven factors of pricing) and have held off, now might be the right time to roll it out.
Just make sure you are really showcasing your value!
2. Make a plan to implement peak and/or premium pricing in your business during busier times.Â
Premium pricing (1.5X your regular rate) is perfect for any days/times you come in that you normally wouldn't (think overtime). If a client wants to get in to see you but your schedule is full, offer one of these times at premium pricing. (Be careful that you aren't working too many days/hours to where your body can't handle it.) This can be a great way to squeeze a long-term client in and make a little extra money.Â
Peak pricing (1.2X your regular rate) is a great way to encourage guests to come during less peak times (like weekday mornings). Implement this possibly on evenings or weekends to spread out your schedule and demand a bit.Â
3. Revisit your service page on your website to ensure your services/booking process is simplified and streamlined.
Make it easy for guests to know exactly what and how to book.Â
Happy holiday and pricing planning!
Coach Carly
September Training & Development for all Thrivers!
SPEAKER:
Kenesha Coleman
TOPIC:
Accounting & Taxes for Beauty Professionals
REPLAY:Â Click here for 30 day replay!Â
What topic or speaker would you like at a T&D?
Click here to send us recommendations!
Check out your Method for a new BONUS T&D Module!
ALL METHODS (Thriving Stylist, Scaling Stylist, and Leadership) now have a new T&D module at the top of their Method to house the monthly Method-focused T&Ds!
Coming Up This Month
Â
September 5 at 12 pm PT | Live Q&A with Britt. Details here!
September 7 at 4 pm PT | Roundtable with Thrivers Society coaches in the Thriving Stylist Method Facebook community.
September 11 at 11 am PT | All-Thriver T&D with Kenesha Coleman on accounting and taxes for beauty professionals! Register here.
September 14 at 4 pm PT | Roundtable with Thrivers Society coaches in the Thriving Stylist Method Facebook community.
September 28 at 9 am PT | Defining Your Target Market T&D live Q&A with Coach Carly for Thriving Stylist Method. (Check the T&D lesson in your portal for details.)Â
September 4 | Episode #299 - Salon Interview Questions and Pro Tips
September 11 | Episode #300 - What to Do When Your Success Feels Fragile or Fleeting
September 18 | Episode #301 - Weirdness in the World of Extensions
September 25 | Episode #302 - Retirement Planning 101
October 2 |Â Episode #303 - Your 3-Hours-a-Week Social Strategy Plan
Subject to change.
Check Out the Latest Program Updates
Thriving Stylist Signature has started!
Thriving Stylist Signature's fall cohort officially kicked off late last month. Crave growth in your business, but struggle to make fast progress? Want the opportunity to be coached by the Thrivers Society coaches? Get on the waitlist to be the first to know about our next cohort!
Get on the waitlist!New Learning Platform
If you're in X Club or Thriving Stylist Signature, you'll notice we have a new learning platform and community, Circle! Feel free to poke around and get comfortable with the platform. If you have any questions about Circle, email us at [email protected].
Financial Reset Update
The Financial Reset's personal budget percentage breakdown in Module 4 is updated!
Top Beauty Industry News
→ PayPal announces the return of Venmo Small Business Grant program. Here's what it could mean for you.
→ This stylist created a sensory-friendly salon for autistic people. Dig in to learn more.
→ What is the Pregnant Workers Fairness Act? Learn how it could impact businesses and support workers.
Member Spotlights
Thrivers of the Month
Let's celebrate each Thriver of the Month from our 3 amazing methods! Click here to nominate or spotlight a fellow Thriver.
Thriving Stylist Signature Spotlight
