#269 - Is Hourly Pricing the Future of Our Industry?

Thriving Stylist Podcast

Britt Seva

Stylist, Business, Hair, Hairstylist, Marketing, Salon, Careers, Businessbuilding

4.7 • 2K Ratings

🗓️ 6 February 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’m excited this week to answer a question from one of my listeners, Kendra. She asked about my take on different pricing structures, as she’s seen a lot of stylists in the industry move towards hourly pricing. She’s wondering if hourly pricing is the future of the industry, and in this episode, I look at the pros and cons of this pricing structure, as well as other ones that are being used by stylists today.

When it comes to pricing, I believe that making an informed decision is the best advice I can give you, because there are successful stylists running all of these methods. The most important thing is to find the one that’s best for you.

If you want to take a sneak peek at my pricing calculator and the way that I coach to pricing, you’ll want to join us in Thrivers Society, and you can learn more now at https://thrivingstylist.com/thriverssociety.

If you have a question for me that you’d like answered in a future episode, a great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I’m looking forward to doing more of these types of episodes on the podcast!

If you’re not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You’re not going to want to miss out on this!

Learn more at: https://thethrivingstylist.com/podcast/269

Transcript

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0:00.0	Do you feel like you were meant to have a kick-ass career as a hair stylist?
0:06.1	Like you got into this industry to make big things happen?
0:09.4	Maybe you're struggling to build a solid base and want some stability.
0:12.7	Maybe you know social media is important, but it feels like a waste of time because you
0:16.2	aren't seeing any results.
0:18.2	Maybe you've already had some amazing success, but are craving more.
0:21.8	Maybe you're ready to truly enjoy the freedom and flexibility this industry has to offer.
0:26.8	Working and coloring skills will only get you so far, but to build a lifelong career as
0:31.1	a wealthy stylist, it takes business skills and a serious marketing strategy.
0:35.9	When you're ready to quit just working in your business and start working on it, join
0:39.2	us here where we share real success stories from real stylists.
0:42.8	I'm Britt Siva, social media and marketing strategist just for hair stylists, and this
0:47.0	is the Thriving Stylist Podcast.
0:52.3	What is up and welcome back to the Thriving Stylist Podcast.
0:55.1	I'm your host, Britt Siva, and I'm very excited this week to answer a question from one
1:01.9	of my beautiful listeners.
1:04.1	This is going to be for Kendra.
1:06.6	So Kendra asked, I'd love to hear your take on different pricing structures.
1:11.7	I've started to see a lot of stylists move towards the hourly pricing, and I wonder if
1:15.4	that's the future of the industry.
1:17.3	I currently charge all a cart for color services and a package price for extensions.
1:22.3	If I switch to hourly, the cost of my extensions would decrease, but my color services would
	...

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