6 Reasons You Need a Hair Color Management Software
Do you have a leak in your business!? Fear not! We’re here to help with that!
Your hair color not being properly accounted for is likely the cause of this small leak. But even some leaks can sink big ships!
But don’t worry, together we can fix it!
Hair color usage varies from client to client. Therefore it needs to be treated like a variable service. Using a hair color management software can greatly impact your business.
Variable services aren’t uncommon. Lots of businesses run off a Parts+ Labor financial model. Such as a frozen yogurt shop, painters, or a mechanic shop. Ultimately, a hair color management software helps you to track the parts of your services. Charging by parts + labor ensures that your parts (i.e. hair color) is covered and the time taken on that service is too.
Let’s look at the 6 ways a hair color management software can help fix that leak!
1. No more emotional pricing!
Do you love your clients? Do they love you? Do they deserve a discount just because they brought you your favorite Starbucks again? Uhm, no.
It’s easy to emotionally discount. And sometimes we forget that we used a 2nd bowl or toner. But giving that small discount can be hurting your business, not just covering the items in your back bar but it can also hinder you from meeting rent and other expenses in your business.
Let’s look at an example:
Let’s do some quick math. If you’re losing $15 in hair color per client on applications. You see about 3 clients a day, that’s $45 of lost revenue in just ONE DAY. Now say you work 20 days a month, over the 12 months in the year… you could be losing $10,800 in 1 year, per stylist! That’s a lot of money.
Having a hair color management system not only helps to track your hair color. But it also helps with color cost reporting. So that when you go to checkout, you are able to give the price of your service with confidence knowing that everything leaving the back bar is paid for!
Remember you are a professional, you should be treated and paid like a professional.
2. Digital Formula Storage Management
For how many years have you been flipping through a binder or container of recipe cards trying to make sure you use Kendra’s preferred summer formula? You know she likes to go lighter, but not too light… remember…
As you mix, SalonScale will track the exact formula down to the gram in your client’s profile. Making it easy to access and remix formulas or track notes to make future applications easier.
So not only is it easy to find your previously used formulas. But you can also keep notes, forgetting that your client normally needs a second tone to achieve their dream hair!
It also makes it easier for incase you or another team member to go on mat leave. It makes it easier for your team members to find previously used formulas for your client too.
3. Reporting and Analytics
Being able to confidently go in and look at product usage in your salon is a game-changer. You can easily pull the cost product in your salon, as well as how much you are profiting off of color too. You’re able to view reports by-products, clients, and stylists too. You are also able to see how much-unused product is costing you too.
This can help you to make more informed decisions around inventory and other aspects of your business too.
4. Orders Based on Usage
<>pDo you ever find that you have so much color stocked up in your color bar never can find that 6N or seem to be out of Olaplex No.1 again! *wink*
Put the days of counting tabs behind you! Our app tracks how much color is being used as you are mixing and offers a suggested reorder amount based on how much color is actually being used. Now you never have to worry about being out of color again!
5. A happy bank account!
When you have an increase of cash flow coming in, you’re able to pay off debt and become financially sustainable. But it also gives you the peace of mind that if you have to step away from the chair or the salon from time to time that your business is covered. Whether that be the salary for your front desk or being able to provide coffee and treats for your clients or provide more education opportunities for yourself and your team! Not only is your business happy and healthy, but so is everyone in its ecosystem!
As we teach and learn new techniques for hair, it’s become critical to the salon’s financial models that we are also teaching proper pricing. Using a hair color management software helps to instill transparency and trust amongst yourself and your team. As well as between your business and your clients.
By joining SalonScale you’re also joining our community too. A community, driven to ensure that we continue to leave our industry better for the next generation of stylists, solo artists, and salon owners!
A hair color management software can greatly impact so many parts of your business!