What We Cover…
If you offer cosmetic injectables or other aesthetic treatments in your salon, you’re likely dealing with clients who expect premium results. But are you charging what your services are truly worth? Pricing injectable services correctly isn’t just about covering costs, it’s about building a profitable, sustainable business that reflects the quality and expertise you deliver.
Here’s the problem: many salon owners undervalue their skills or forget to factor in hidden costs like product wastage, staff training, or insurance. This can leave you working hard but struggling to stay ahead financially. Sound familiar?
It doesn’t have to be this way. With a smart pricing strategy, you can confidently charge what your services are worth, attract the right clients, and grow your profits – and we’ll show you how.
Key Factors to Consider When Pricing Injectable Services
Setting the right price for your services involves more than just looking at what competitors charge. Here’s what you need to consider:
- Cost of Products: Calculate how much each treatment costs based on the amount of product used (including wastage).
- Your Time: Include your time, training, and expertise in your pricing. Remember, you’re offering a specialised service!
- Overheads: Don’t forget rent, water, electricity, staff wages, and insurance. These are part of the cost of delivering treatments.
- Profit Margin: Decide on a profit margin that makes sense for your business. This is the key to ensuring your business thrives.
The Risks of Underpricing Your Injectable Services
Underpricing may seem like a way to draw in new clients, but it often backfires. Here’s why:
You Undervalue Your Expertise:
Injectable treatments require skill, training, and precision. When you charge too little, clients may question the quality of your services.
You Absorb Hidden Costs:
Products like dermal fillers and anti-wrinkle injectables aren’t cheap, and small wastages can quickly add up. If these costs aren’t built into your pricing, you’re losing money.
You Limit Your Growth:
Without healthy profit margins, it’s harder to invest in your business – whether that’s new equipment, training, or marketing to attract more clients.
How Insightful Sums Can Help You Get Pricing Right
Pricing injectable services can feel overwhelming, but it doesn’t have to be. Insightful Sums makes it easy to calculate your costs, set profit margins, and adjust for packaged or discounted services.
With Insightful Sums, you can:
- Automatically calculate treatment costs, including product wastage.
- Set profitable pricing that accounts for every expense.
- See how discounts or packages affect your bottom line.
- Set salon and staff targets for your team and track performance.
It’s time to take the guesswork out of pricing.
Want to see how much easier pricing can be? Try Insightful Sums for 7 days – completely free. Our platform is designed to help salon owners like you master your pricing and grow your business.
Don’t wait until another month goes by without clear profits. Take control today with Insightful Sums.