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Money

Raising your prices without losing your chair

The arithmetic is far less frightening than the conversation. Most people behind the chair have those two the wrong way round.

Start with what a lost client actually costs

Take a number you can check against your own book. Say you charge 35 and someone comes in every four weeks. That is thirteen visits a year, or 455 before tips. Raise your price to 40 and that same person is worth 520. One chair, one head, 65 more.

Now run it the way you are actually afraid of. Raise to 40 and lose one client in ten. Nine clients at 520 is 4,680, where ten clients at 455 was 4,550. You are still ahead, and you have one fewer head to cut for it. On those numbers the increase only turns against you once you lose roughly one client in eight, which is far more than five dollars usually costs anyone.

Those are example figures, not a promise about your shop. Put your own price, your own visit gap and your own client count into the same three lines and find where your break even actually sits. Most people are surprised how much room is there.

Price is rarely what people are deciding on

Clients do not leave over five dollars. They leave because parking got bad, because you ran forty minutes late twice in a row, because they moved, or because they were never quite sure they would get what they asked for.

If a price increase genuinely worries you, that worry is usually not about the price at all. It is a signal that something else in the visit feels thin, and that the increase would put a spotlight on it. That is useful information. Fix that thing first and the increase stops feeling risky.

If five dollars would lose you a client, that client was already half gone.

How to tell people

Quietly, and early. A small sign at the desk four to six weeks out. A sentence at the register while they are booking the next one. And no apology, because an apology tells people the new price is negotiable.

The version that works is short and flat. Heads up, prices go to 40 starting the first, wanted you to hear it from me. Then move on to something else. Do not explain the cost of your supplies. Nobody asked, and explaining sounds like asking permission.

If you are nervous, start with new clients only

If the part stopping you is telling your regulars, then do not start there. Set the new price for anyone booking for the first time and bring your existing clients up at their next visit after that, or at the new year. You collect most of the money and skip almost all of the confrontation.

Put it on a schedule

The shops that find this painful are the ones that go four years without touching anything and then need a twenty percent jump all at once. That is the increase people notice and talk about. A small adjustment, once a year, on a date you pick and keep, stops being an event and becomes a fact about the shop.

Written by the team building CutVision, which shows a client the haircut on their own head before you start. Free while we are in beta. More blogs