Before becoming a hairstylist and salon owner, I worked with Kodak, a billion-dollar company, helping them improve their operations, cut their expenses and increase profits. In the video below, I'll tell you why lowering your prices is stupid and how you're losing money.
1 Comment
The Revival Seattle
May 25, 2014Alex you validated my pricing. I ask a person I knew, when she was gonna come and see me, she said “its too expensive”. I charge $50 for the 1st visit, if she purchases product I will take off $10 and honor that price as a loyalty to her. I guess people want dollar tree prices but forget to factor in utilities and other expense that keep a business going. Am I on the right track or out of my mind?
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