HIGHLIGHTS • How to Build a Hair Extension Business w/ Krista Storm
The Hair Game
Salon Republic
4.9 • 571 Ratings
🗓️ 28 October 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
These are clips highlighting some of the topics discussed in the full episode! Check it out if you want a bite-sized version of the full episode.
Extensions Business Educator @kristakstorm saw the potential of hair extensions becoming a lucrative business for herself and dove in head first to become an expert and build her business with extensions as the focus. We discusses the economics of hair extensions, the importance of consultations, and common mistakes made in the industry.
She also shares personal experiences and strategies for aspiring extension specialists, highlighting the importance of investing in quality products and building a solid clientele.
This Week's Topics:
• Krista's Journey to Becoming a Hairdresser
• Understanding Hair Extensions: Economics and Pricing
• The Importance of Consultations in Extension Services
• Common Mistakes and Learning Experiences in Extensions
• Advice for Aspiring Extension Specialists
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Transcript
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| 0:00.0 | Coming up are the highlights of the full episode. |
| 0:08.8 | Hey, HairGamer's Donovan here, producer of the Hair Game podcast. |
| 0:13.1 | Hair Game listeners, where do you get your hair color? |
| 0:15.6 | Well, if you love Wella, professionals products, get it delivered directly to your salon from wellastore.com or from |
| 0:23.2 | the wella app. We have an exclusive discount code for you. 20% off your entire order. Just use |
| 0:29.0 | the promo code, Hairgame 20. That's Hairgame 20 at checkout. You can get your favorites from |
| 0:34.3 | Blondor, Color Touch, Shinefinity, Ultimate Repair, and more. |
| 0:38.4 | The shipping is fast and free. |
| 0:40.8 | Visit Wella Store.com for your exclusive savings or download the Wella app today. |
| 0:46.2 | Also our Salon Republic locations in Westwood, Glendale, and another one in Encino are opening soon. |
| 0:52.8 | So go to Salonrepublic.com or our link in bio on |
| 0:55.7 | Instagram. You can book your tour for those and get dibs on your new space. All right, on to our |
| 1:01.9 | episode with Krista Storm. So, so the $500,000 of hair that you're buying, is there a rule of thumb on how much you're charging? |
| 1:14.5 | For the hair? Everybody's different. |
| 1:16.6 | Well, do you break it up? Yeah. I mean, the hair and the install. And maybe that's a good |
| 1:23.7 | question. Do you break it up? Do you itemize it into how much you're charging |
| 1:28.0 | for the wefts of hair and then how much you're charging for the install? Or do you just do a lump sum? |
| 1:35.9 | Everybody's so different. So it's hard to like just answer this. However, I would say I can |
| 1:41.9 | share how I do it personally. So how I do it is I prefer to purchase the hair and I charge 20% on top of that because |
| 1:52.2 | once you get the money from the client, you get taxed on it, right? |
| 1:56.0 | And then you purchase it from the where you get the west ors or where you get the hair and then you get tax |
| 2:03.3 | on that and then shipping and then if you color it so i i charge more for that then i prefer to instead |
... |
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