Promotions and Offers - a blessing or a curse?
The definition of a promotion is something that increases sales or public awareness by way of an activity or offer that supports or encourages a business. In simple terms an activity that increases revenue and awareness of your business. Many salons are, what I call, promotion happy and offer far too many promotions at rock bottom prices. If you do this you literally have nowhere left to go because why would a client pay £30 for the gel nails you only charged them £10 for the month before? You may have busy columns, but you are just a busy fool and you aren't making any money. Worse still are those who are still using these voucher websites and destroying their business in the process. Nobody ever built a successful business by being on any of these sites and you are just devaluing your experience, your knowledge and your skill.
Promotions can really work in your favour if you use them correctly.
The first thing I would suggest is promoting the treatments and services that are your least popular. There is little point reducing the price of a treatment that is really popular because it is already working for you so why would you reduce your revenue? You could promote variations of the treatment if they are not busy - for example, let's take the gel manicure as it is one of the most popular treatments on the planet. You probably do a lot of these but do you do a lot with nail art? Or more treatment versions such as combining it with heated mitts? Exfoliation and mask? Introducing these at a special price could be a way of increasing the revenue of a treatment that is already busy, so simply up-selling, and it is more likely to encourage clients to book it again once they have had it because they will have experienced the benefits and the luxury of it. When it comes to promotions I think the route of adding value is far more advantageous than slashing prices.
Look at your treatments and work out which ones you do the least, work out the cost of the treatment and by how much you can reduce it to promote it, or create a package of several of the same treatment at a special price. For example, if you offer body wraps but you don't do many of them offer courses of 3 and 6 at a special price to encourage people to book. This way you increase the activity of the treatment, you get repeat custom - and we all know the more often a client comes in the more likely they are to keep coming in and booking other things - and you increase your revenue by filling your empty gaps.
It isn't just the same treatment that you can package together, but many treatments. You could base a treatment package around a special time of year - e.g. Mother's Day, Summer Holidays. Take a popular treatment, such as the gel manicure, and add other treatments too it, perhaps a gel pedicure (if they are less popular), waxing, tinting, brow treatments, facial and so on. For events like Mothers Day you could just jazz up a treatment like a gel manicure and add a glass of champagne or tea and cake for the same price.....adding value but not devaluing your service.
Don't forget retail promotions, these are probably the quickest and easiest way to increase your profits because you don have to work any extra hours to achieve extra money, and salons can be a little slack when it comes to retailing.
Each month of the year have a product of the month, highlight the benefits of the product, how it's used, what it works well with, who it is for and of course the price. You could reduce the price for that month only, or you could offer the product at a special price in conjunction with the client having had a specific treatment - thus promoting both services and retail.
A promotion I have found to be very successful, is to offer an introductory Facial consisting of all of the key elements of a facial (cleanse, tone, exfoliation, mask, moisturise) for a set price and if the client buys two or more recommended products the price of the Facial is deducted, making it free. This is particularly good if you are introducing a new skincare range or you aren't busy with facial treatments. If you did a survey amongst your clients I have no doubt that all of them will be using some form of skincare. Some clients will be using very sophisticated skincare, others a more budget brand, but either way they will be using something. I remember, when I was working as an Account Executive for a skincare company, sitting in the reception of a salon waiting to see the owner and there was a client sat next to me who I got chatting too. She told me she was in for her monthly facial, the same one she had been having years. As I was there on behalf of the skincare brand, I asked her how she enjoyed her facials to which she replied she loved them and show her skin felt after etc. I then asked her what of our products she was using at home, to which she replied she used a completely different brand that she bought in the department store up the road! I asked her why she did this, if she loved the way her skin felt after the Facial so much why wasn't she using those products? She replied - I've never thought about because no one has ever mentioned what to use at home. Clients get into routines of going into shops to buy their products and unless you remind them they forget to buy from you.
Plan your promotions a year ahead. At the end of each year take a look at the year that has passed, what were the most popular treatments, what were the least popular, when were the quieter times. This is a good basis to work out which treatments need promoting for the following year and what times of the year are a good time to offer promotions. Also look at the promotions you offered, which ones were successful, which ones were not so successful and ask yourself why this was the case.
You can make your promotions seasonal and tie them in with local, national and international events such as events in your town - festivals and so on, Valentine's Day, Mother's Day, Wimbledon, the Olympics etc. so look at the calendar and see what is coming up. You don't have to run a promotion every month, you may choose to do them bi-monthly, that is absolutely fine but do not offer more than one a month as it looks a bit desperate.
Try not to offer deals of the day, and by that I mean a sudden panicked offer because you have a quiet day. I appreciate the need to do it, and now and again is fine, but too often and it sends out the wrong message and makes clients think you aren't popular. You need to create the feeling that you are busy all the time and peopleneed to be organised and book to ensure they get in to see you, otherwise they may miss out. Create an urgency, an exclusivity.
If you are going to run promotions do it with great gusto! Advertising, posters, talk to clients about it, eye catching displays, A boards in the street, leaflets in other local businesses, leaflets through letterboxes, social media posts etc. also as you can make the promotion as successful as possible and increase awareness of your business (not to mention your profit!). After all if a job is worth doing, it's worth doing properly!