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Raise Your Prices With Demand
Last week my team picked a question about services.. Should you add them?
To me barbering is how I express my artistic side. I love the craft. But, I don't love to perform facial services. So black mask's, scrubs, etc would never be added to my list.
But should you add them?
My Advice: Do Not Add Extra Services To Justify Raising Your Prices! You raise your prices when the demand for you is too high to supply.
Charge for the time it takes you to give them that million dollar feeling.
To me barbering is how I express my artistic side. I love the craft. But, I don't love to perform facial services. So black mask's, scrubs, etc would never be added to my list.
But should you add them?
My Advice: Do Not Add Extra Services To Justify Raising Your Prices! You raise your prices when the demand for you is too high to supply.
Charge for the time it takes you to give them that million dollar feeling.
You're raising your prices because you have too many customers for you to cut (supply).
Now you get to really choose your customer. The one that pays your price and values your time.
Now you get to really choose your customer. The one that pays your price and values your time.
In order to be able to do this you have to be highly skilled. Not average.. but highly skilled!
The point is to be in high demand for the quality of your cuts. Make sure you're compensated for that properly first. Then if the extra service calls you; add the service.
Also check out the blog 'What is Supply & Demand' & I'll tell you the fundamentals of supply and demand.
Keep Grinding,
- Chuka The Barber
I like this a lot. I hate trying to figure or raising prices because half the time I don’t think I’m worth being competitive, but I do have the skill, demand and clientele. So thank you for this
I like the way you educate / giving up some game bro. If barbers would put away the ego they have and listen we would see alot of great cuts on peoples heads. Keep giving up game bro and keep up the good work.
I agree I’m in the process of relocating my shop to a new area I feel that I’m not average but I feel that there’s always room for improvement so I’m always seeking to be on The Cutting Edge and also to learn something new that would intensify and upgrade my skills to put me at the top of my game so I’m with you bro on this been checking you out and would love to meet you in person are you going to the hair show in Atlanta in February maybe I’ll see you then or we’ll meet in the near future stay up and keep grinding
HEY CHUKA! I JUST WANTED TO KNOW HOW MANY TIMES CAN YOU USE THE 1 MIN MODIFIER ON THE T OUTLINER ANDIS EDGERS. I PLAN ON BUYING IT FOR THE EDGERS I HAVE NOW, BUT DO I NEED TO BUY NEW EDGERS ALSO? ALSO I AM LATE TO VIEWING YOUR CHANNEL, BUT LOVED THE WIFEY CHALLANGE- SHE WAS FUNNY.
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